The Bank of America Customized Cash Rewards Credit Card for Students offers a range of benefits tailored to student needs, including cash back rewards, low introductory APR, and no annual fee.
Advantages of the card The Bank of America Customized Cash Rewards Credit Card for Students
The card offers 3% cash back in a category of the cardholder’s choice, such as gas, online shopping, dining, travel, drug stores, or home improvement. Additionally, there’s automatic 2% cash back at grocery stores and wholesale clubs, and unlimited 1% cash back on all other purchases. Furthermore, new cardholders can enjoy a $200 online cash rewards bonus after making $1,000 in purchases within the first 90 days of opening an account.
Disadvantages of the card The Bank of America Customized Cash Rewards Credit Card for Students
While the card offers enticing rewards and benefits, it’s important for students to manage their spending responsibly to avoid accruing debt. Additionally, the variable APR after the introductory period may be relatively high, ranging from 18.24% to 28.24%, depending on creditworthiness.
Extra features offered by The Bank of America Customized Cash Rewards Credit Card for Students
The card provides access to the FICO® Score updated monthly for free, allowing cardholders to monitor their credit health. Moreover, Bank of America offers tools like Better Money Habits® to help students develop responsible financial habits. Security features include fraud detection and a $0 Liability Guarantee for fraudulent transactions.
Learn how to apply for your credit card The Bank of America Customized Cash Rewards Credit Card for Students
To apply for the card, individuals can visit the Bank of America website and fill out an online application. Alternatively, they can apply through the Bank of America mobile app or by visiting a Bank of America financial center.
Discover the main ways to apply for the card The Bank of America Customized Cash Rewards Credit Card for Students
Prospective cardholders can apply for the Bank of America Customized Cash Rewards Credit Card for Students through the Bank of America website, where they can easily navigate to the credit cards section and find the application form. They can also download the Bank of America mobile app and apply directly from their smartphone or tablet. Additionally, individuals can visit a Bank of America financial center and speak with a representative to apply in person.
Prerequisites for request
From the site
To apply online, individuals will need to provide personal information such as their name, address, Social Security number, and income details.
From the site App
The mobile app application process typically requires the same information as the online application. Users should ensure they have a stable internet connection and sufficient battery life on their device.
By agency
When applying in person at a Bank of America financial center, individuals should bring identification documents such as a driver’s license or passport, as well as any relevant financial documents such as pay stubs or tax returns.
The Bank of America Customized Cash Rewards Credit Card for Students provides a valuable opportunity for students to start building their credit while earning rewards on their everyday purchases. With features like customizable cash back categories, a low introductory APR, and no annual fee, this card offers flexibility and financial benefits tailored to the needs of students. However, it’s essential for cardholders to use the card responsibly to avoid accumulating debt and to take advantage of the educational resources provided by Bank of America to develop good financial habits. Overall, the Bank of America Customized Cash Rewards Credit Card for Students can be a useful tool for students looking to establish a strong financial foundation.
