Learn How to Apply for the BoA Unlimited Cash Rewards Card

Important Details to Consider Before Submitting an Application for the BoA Unlimited Cash Rewards Card

The Bank of America Unlimited Cash Rewards card, in partnership with Visa Signature, offers a generous 1.5% cash back reward on all purchases, along with possible benefits for Preferred Rewards members.

Discover a variety of exclusive benefits with the Preferred program.

When it comes to credit cards, it’s possible to increase the reward rate for each purchase, ranging from 1.87% to 2.62%. This can have a meaningful effect on your financial situation.

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

In addition, it is required to uphold a collective average balance of $20,000 for a duration of three months, encompassing both deposit balances and Merrill investment accounts.

With no annual fee, the Bank of America card offers a 15-month introductory APR period for balance transfers and purchases.

After this point, the rates vary, with typical APRs ranging from 18.24% to 28.24%. The fee for balance transfers begins at 3% initially and later rises to 4%.

Upon signing up, new users can enjoy a generous $200 sign-up bonus after making purchases totaling $1,000 in the initial three months.

Enjoy benefits that are perpetual by exchanging them in different ways, like credit for your account statement, transfers to your Bank of America account, shopping on Amazon.com, and using PayPal.

To discover additional information, simply continue reading.

Who is Eligible to Apply?

When you begin the process, there is no requirement to have an account with Bank of America in order to request the card. Upon approval for the BoA Unlimited, a new card account will be opened for you automatically.

To qualify for the Boa Unlimited card, individuals must be minimum 18 years old, or at least 21 in specific regions like Puerto Rico.

The card is available in every state in the US. To be eligible for the card, you need to be a US citizen or a foreign national with a valid passport and work visa.

Moreover, a positive credit record is required, usually ranging between 670 and 700 FICO points, to be considered.

Documentation proving income that is verifiable and official will also be required during the card approval process.

It is important to mention that satisfying these conditions does not ensure authorization, since each submission is dependent on Bank of America’s judgment and accessibility.

Applying for the BoA Unlimited Cash Rewards Card

On the Bank of America site, you can find a prominent button labeled “Apply Now,” which guides users to the application form.

When you proceed to the application form, you will need to provide essential information including your complete name, surname, residential address, phone number, and email.

When you are already a customer of Bank of America, signing in can help make things easier. After that, you’ll be asked to provide banking details such as your Social Security number, type of housing, monthly expenses, and income.

The bank usually requires these key pieces of information before proceeding with a comprehensive credit evaluation.

When using the program, it may be necessary to provide certain papers, like evidence of residence, a digital version of your driver’s license or passport, and current bank records for income confirmation.

If you need assistance or face any challenges, please feel free to contact the bank through the online chat or other customer service options, such as the provided telephone number.

Further Information

The card’s coverage is extensive and can be accessed through smartphone digital wallets without the need for the physical card. When it comes to security, Bank of America provides:

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• 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

Therefore, in addition to incentives, it presents itself as a beneficial choice specifically for handling finances.

Interested in exploring a different choice?

The Capital One SavorOne places emphasis on rewards by providing a 1% cash back on all qualifying purchases and up to 3% in specific categories designed for daily use.

Moreover, this choice provides dependable security and convenient elements, while also offering guidance on the application process.

Written by

Jonatas Rafael