Aprenda cómo solicitar la tarjeta BoA Unlimited Cash Rewards

Important Information to Consider Before Applying for the BoA Unlimited Cash Rewards Card

The Bank of America Unlimited Cash Rewards credit card, partnered with Visa Signature, offers a generous 1.5% cash back reward on all purchases, and exclusive benefits for Preferred Rewards members.

The program called Preferred provides a variety of special benefits.

When it comes to credit cards, the reward rate for each purchase can be increased to a range of 1.87% to 2.62%, greatly influencing your financial situation.

In order to be eligible for this program, participants need to have a valid and active Bank of America account.

In addition, it’s required to uphold a total average balance of $20,000 for a period of 3 months, which includes deposit amounts and Merrill investment accounts.

The Bank of America credit card does not have an annual fee and offers a 15-month introductory APR period for balance transfers and purchases.

Subsequent to this, the rates of interest vary, with standard annual percentage rates (APRs) ranging between 18.24% and 28.24%. As for balance transfers, the initial fee is set at 3% and subsequently raised to 4%.

In addition to a welcoming offer, new cardholders can enjoy a generous $200 sign-up bonus by making purchases totaling $1,000 or more in the initial three months.

One option is to cash in rewards that have no expiration date using a variety of methods. These include applying them as a statement credit, depositing them into your Bank of America account, making purchases on Amazon.com, or using PayPal.

To expand your knowledge, continue reading.

¿Quién es elegible para aplicar?

When beginning the process, it is not required that you currently hold an account with Bank of America to request the card. Upon approval for the BoA Unlimited, a card account will be opened for you automatically.

To qualify for the Boa Unlimited, individuals must be a minimum of 18 years old, or up to 21 in specific regions like Puerto Rico.

The card is available in all 50 states of the US. To be eligible, individuals must be either American citizens or foreign nationals with a valid passport and work visa.

Moreover, a positive credit background is essential, usually showcasing a strong credit score ranging between 670 to 700 FICO points.

Documentation confirming income that can be verified and is official will also be required during the approval process for the card.

Please bear in mind that fulfillment of these requirements does not automatically ensure approval, given that each submission is at the discretion and subject to availability of Bank of America.

What is the Process for Obtaining the BoA Unlimited Cash Rewards Card?

On the Bank of America site, you can find a prominent option labeled “Apply Now” guiding interested individuals to the application form.

Upon entering the application form, you will need to provide essential information like your complete name, surname, residential address, phone number, and email address.

Customers who already have an account with Bank of America can make the login process more efficient. After that, they will be required to provide banking details such as their Social Security number, housing arrangement, monthly spending, and income.

The bank usually asks for these key pieces of information before performing a comprehensive credit evaluation.

When using the application, there could be a requirement to provide certain documentation like evidence of your address, a digital copy of your driver’s license or passport, and up-to-date bank statements to confirm your income.

In case you have any questions or face any challenges, feel free to contact the bank through the online chat or other available customer support options, such as the provided phone number.

Más información

The card provides a wide array of features and can be conveniently used with digital wallets on smartphones, eliminating the need for the physical card. When it comes to security, Bank of America offers:

List:

Fraud prevention lock

$0 liability guarantee for fraudulent purchase

Balance Connect for overdraft protection

Complete card control through mobile banking

General account alerts

FICO score monitoring

Hence, in addition to incentives, it presents a viable choice particularly for handling finances.

¿Interesado en explorar una opción diferente?

The Capital One SavorOne card also emphasizes rewards, providing 1% cash back on all qualifying purchases and up to 3% in specific categories for daily use.

Moreover, this choice offers reliable security and convenient features, providing guidance on how to submit an application.

Escrito por

Jonatas Rafael