Unlimited 2% Cash Back Your First Year Plus a $200 Bonus
Plus pay no annual fee and save on interest with a generous intro APR.
Expert Reviewed
1.5% cash back on all purchases after the first year from account opening.
If you’re a Bank of America Preferred Rewards® member, you can earn 25% – 75% more cash back on every purchase. The Preferred Rewards bonus does not apply to the .5% first year bonus.
Expert Reviewed
Competition in the credit card space is heating up and card issuers are offering incredible perks to consumers with good to excellent credit to win your business. Our top-rated cards are all offering amazing ongoing rewards, welcome bonuses and long intro APR periods.
Critics’ Choice Winner
Our Critics’ Choice winner is the Bank of America® Unlimited Cash Rewards credit card
- Long Intro APR: Generous intro APR offer available. Select 'Apply Now' to view the current offer terms.
- An Enticing Bonus: Earn a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- $0 Annual Fee
- Earn 2% cash back on all purchases for the first year from account opening.
- Earn 1.5% cash back on all purchases after the first year from account opening.
- Apply Now
Welcome Bonus
With the Bank of America® Unlimited Cash Rewards credit card, new cardholders can earn a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. This means you’re earning an additional 20% back on the first $1,000 you spend on your card.
Solid Flat-Rate Cash Back
New cardholders will earn an unlimited 2% cash back on purchases for the first year from account opening. There are no spending caps or categories to worry about, making it an excellent choice for everyday spending. After the first year, you’ll earn 1.5% back.
It’s also worth mentioning that you can potentially boost your cash-back earnings if you’re a Bank of America Preferred Rewards® member. Members can accelerate their rewards earnings by 25% to 75%. Your eligibility for this program is based on your Bank of America® and Merrill combined balances. That means instead of earning an unlimited 1.5%, you could earn 1.87%-2.62% cash back with Preferred Rewards. Just note that the Preferred Rewards bonus does not apply to the .5% first-year bonus.
Intro APR Offer on Purchases and Balance Transfers
The Bank of America® Unlimited Cash Rewards credit card comes with an introductory offer that applies to both purchases and balance transfers. Select ‘Apply Now’ to see the current offer terms.
Bank of America® Unlimited Cash Rewards credit card
1.5% cash back on all purchases after the first year from account opening.
If you’re a Bank of America Preferred Rewards® member, you can earn 25% – 75% more cash back on every purchase. The Preferred Rewards bonus does not apply to the .5% first year bonus.
Advertiser Disclosure
At CardCritics™, it is our goal to provide you with information to help you make educated choices about credit cards. We have not reviewed all available products and offers but are confident that we are providing the information you need to make a sound decision.
The products featured on our site are from our partners which is how we make money. The financial compensation we receive may impact where and how cards appear on our site, but it does not impact our critical analysis. All opinions, analyses, reviews and recommendations expressed on our site are those of the author’s alone and have not been reviewed, approved or otherwise endorsed by any card issuer.
Critics' Overview
This cash back credit card offers unlimited 2% cash back on all purchases for the first year making it an excellent, straightforward option for those looking for a flat rate credit card. If you are a Bank of America Preferred Rewards member you can earn 25% – 75% more which means you can earn up to 2.62% cash back on every purchase. The Preferred Rewards bonus does not apply to the .5% first-year bonus. There is also a generous online cash rewards bonus, no annual fee and an intro APR on purchases and balance transfers. Read our in-depth Review to learn more.Card Details From Issuer
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- Earn 2% cash back on purchases for the first year from account opening, with no limit to the amount of cash back you can earn.
- Thereafter, you’ll earn unlimited 1.5% on all purchases, with no expiration on rewards as long as your account remains open.
- With the Bank of America Preferred Rewards® program, members can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back with Preferred Rewards. The Preferred Rewards bonus does not apply to the .5% first-year bonus.
- No annual fee.
- Contactless Cards – The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Other Cash Back Card Options
If you are in the market for a card that offers an intro APR, a bonus, ongoing cash back, and doesn’t charge an annual fee, then the Bank of America® Unlimited Cash Rewards credit card is tough to beat. To help you compare your top options, we have rounded up some other compelling cards from our partners that may also appeal to you.
$300 Limited-Time Bonus Plus Huge Earning Potential
Chase Freedom Unlimited®
We really like that the Chase Freedom Unlimited® card offers a straightforward way to earn cash back while also providing some enticing bonus categories and a generous welcome offer. For a limited time, you can earn a welcome bonus of $300 cash back after you spend $500 on purchases in the first three months of account opening. And you’ll also earn 5% on travel purchased through Chase Travel℠, 3% at drugstores and on dining at restaurants, including takeout and eligible delivery services, and an unlimited 1.5% cash back on your other purchases. Aside from the incredible cash back, you’ll enjoy no annual fee and 0% Intro APR on Purchases and Balance Transfers for 15 months, then 18.49% – 27.99% Variable.
Advertiser Disclosure
At CardCritics™, it is our goal to provide you with information to help you make educated choices about credit cards. We have not reviewed all available products and offers but are confident that we are providing the information you need to make a sound decision.
The products featured on our site are from our partners which is how we make money. The financial compensation we receive may impact where and how cards appear on our site, but it does not impact our critical analysis. All opinions, analyses, reviews and recommendations expressed on our site are those of the author’s alone and have not been reviewed, approved or otherwise endorsed by any card issuer.
Critics' Overview
The Chase Freedom Unlimited® card offers a generous and unlimited base rate of 1.5% cash back on all of your purchases while also providing an even higher rate on travel purchased through Chase Travel℠, dining at restaurants and purchases at drugstores. For a limited time, you can earn a welcome bonus of $300 cash back after you spend $500 on purchases in the first three months of account opening. You can also save money on interest with a lengthy intro APR on purchases and balance transfers. Read our in-depth Review to learn more.Card Details From Issuer
- Limited Time Offer: Earn a $300 Bonus after you spend $500 on purchases in your first 3 months from account opening
- Enjoy 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases.
- No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
- Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 18.49% – 27.99%.
- No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
- Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
- Member FDIC
Top-rated for Balance Transfers and 2% Cash Back
Citi Double Cash® Card
The Citi Double Cash® Card (an advertising partner) is a 2% cash back option that works a bit differently. You earn unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. You can also earn a $200 cash back bonus after spending $1,500 on purchases in the first 6 months of account opening. There is also 0% intro APR for 18 months on Balance Transfers followed by a 17.49% – 27.49% (Variable) APR. If you have good to excellent credit then it is a well-rounded cash back option with a $0 annual fee.
Advertiser Disclosure
At CardCritics™, it is our goal to provide you with information to help you make educated choices about credit cards. We have not reviewed all available products and offers but are confident that we are providing the information you need to make a sound decision.
The products featured on our site are from our partners which is how we make money. The financial compensation we receive may impact where and how cards appear on our site, but it does not impact our critical analysis. All opinions, analyses, reviews and recommendations expressed on our site are those of the author’s alone and have not been reviewed, approved or otherwise endorsed by any card issuer.
Critics' Overview
If you are looking for an easy to understand, flat rate, cash back credit card that pays an above-average rate of 2% (1% when you buy and 1% as you pay), then this card from Citi (an advertising partner) is a fantastic option for you. There is also a compelling balance transfer intro APR offer and a welcome bonus. Read our in-depth Review to learn more.Card Details From Issuer
- Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
- Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.49% – 27.49%, based on your creditworthiness.
- Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
As you can see, it is a great time to be in the market for a new credit card. Issuers are really stepping up their game and offering incredible perks to win your business. If you have good to excellent credit in the 670 – 850* range and have not recently applied for a new credit card then you should definitely apply for one of these stand-out options today.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
*CardCritics™ references a FICO® 8 score, which is one of many different types of credit scores. A financial institution may use a different score when evaluating your application.