Bank of America® Customized Cash Rewards Credit Card: Calculator & Cashback Breakdown
Fees
Earning Rates
- Earn 3% cash back in the category of your choice (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases).
- Earn automatic 2% cash back at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases).
- Earn unlimited 1% cash back on all other purchases.
Main Benefits
- Earn up to 75% more cash back as a Preferred Rewards member
Our Take
Bank of America Cash Rewards Card cash back calculator
Use this calculator to estimate how much you’ll earn with the BofA Customized Cash Rewards Card based on your spending and chosen 3% category. Combine bonus categories and Preferred Rewards to unlock top-tier cashback potential.
Card Details All links open in new tab (so you will not lose your calculations).
Edit Card Details
Edit Card Name
Set the name of the card to something of your choosing. Leave it blank to default back to normal card name.
Quick Assign
Use quick assign to quickly toggle this card on for Spend Categories in the calculator. If the card is already assigned, toggling off will set the category to No Selection.
Currency Codes
Any currencies you add to the tool will be selectable when entering spend into the Spend Categories section of the calculator.
Do note that any foreign currencies selected will automatically be converted to the card's default currency when calculating rewards.
Currency Name
Add Status / Loyalty
You can add elite status to one or more columns. This allows you to calculate the extra points you would receive from having status with that program.
If the status is already added, you can update the currency the status is based on by specifying a different currency than what the one in the calculator already has.
NOTE: Elite status is automatically added to the calculator for most credit cards that grant it.
Clear / Remove...
If you're looking to quickly assign cards to multiple categories, click on the card itself under the Credit Cards section.
Card Select
Select the card you will use for this category.
Do note that the order of the categories in the Category Spending section makes a difference. Spend is calculate by month in order of categories listed.
Credit Cards
Card Details
How to earn cash back with the Bank of America Cash Rewards Card
The Bank of America Customized Cash Rewards Card earns at the following rates:
- 3% cash back in the category of your choice
- 2% cash back at grocery stores and wholesale clubs
- 1% cash back on all other purchases
Earn 3% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter.
Bank of America Cash Rewards benefits
Here are the main benefits of the Bank of America Cash Rewards Card:
- Bonus Cash Back: Bank of America Preferred Rewards® members earn 25%-75% more cash back on every purchase.
Bank of America Cash Rewards Card fees
Annual Fee
The Bank of America Customized Cash Rewards Card has a $0 annual fee.
Authorized User Fee
There is no fee to add an authorized user to the Bank of America Customized Cash Card.
Foreign Transaction Fee
The Bank of America Customized Cash Card has a 3% foreign transaction fee. This means that you will be charged a penalty fee when you make purchases that are not in U.S. Dollars making this a bad choice for international travel and spending.
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