Learn How to Apply for the BoA Unlimited Cash Rewards Card

Important Details to Consider Prior to Applying 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, with possible benefits for Preferred Rewards members.

The Preferred program provides a variety of unique benefits.

When it comes to credit cards, you have the potential to increase the rewards rate for each purchase to a range of 1.87% to 2.62%, leading to a notable impact on your financial situation.

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

In addition, they are required to uphold a total average balance of $20,000 for a duration of 3 months, including deposit balances or Merrill investment accounts.

The Bank of America credit card comes with no yearly fee and offers a 15-month introductory APR period for balance transfers as well as purchases.

Upon completion of this process, the interest rates vary, with typical APRs ranging from 18.24% to 28.24%. In the case of balance transfers, the initial fee is set at 3%, which then rises to 4%.

The credit card also includes a $200 sign-up incentive for new cardholders who make at least $1,000 in purchases in the initial three months.

You have the option to exchange rewards that never expire using different methods, including statement credit, deposits into your Bank of America account, Amazon.com purchases, and PayPal.

If you’re interested in finding out more, read on.

Eligibility Criteria

You do not need to have an account with Bank of America to apply for the card. Once you receive the BoA Unlimited, a card account will be automatically opened for you.

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

The card is available in all 50 states of the United States. To be eligible for the card, individuals must be either a US citizen or a foreign national with a valid passport and work visa.

Moreover, it is essential that your credit report demonstrates a favorable credit score, usually ranging from 670 to 700 FICO points.

Verifiable and legitimate proof of income will also be required for the approval of the card.

That said, it is important to mention that meeting these requirements does not automatically ensure approval, as each application is reviewed at the discretion and availability of Bank of America.

What is the Process to Request the BoA Unlimited Cash Rewards Card?

The official website of Bank of America provides a prominent “Apply Now” button for easy access to the application form.

Upon entering the application form, you will need to provide essential information including your first name, last name, residential address, phone number, and email address.

In order to expedite the process, current Bank of America clients can simply log in. Next, you will be required to provide details such as your Social Security number, housing situation, monthly expenses, and income.

The bank usually asks for these key details before carrying out a comprehensive credit evaluation.

In the process, it may be necessary to provide certain documents, like proof of address, a scanned version of your driver’s license or passport, and recent bank statements to confirm your income.

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

Additional Information

The card is very inclusive and doesn’t even need the physical version, as you can use smartphone digital wallets. In terms of security, BoA provides:

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**Preventive Fraud Lock**

– $0 protection against unauthorized purchases

Ensure your account is secure with Balance Connect to prevent overdrafts.

Manage your cards easily with mobile banking

– Notifications for the overall account.

FICO score tracking

Hence, in addition to incentives, it serves as an excellent choice specifically for handling finances.

Interested in exploring an alternative?

The emphasis of the **Capital One SavorOne** card is on rewards, providing a 1% return on all qualifying purchases and up to 3% in select categories for daily essentials.

Moreover, by choosing this alternative, you can count on reliable security measures and convenient features while also discovering the process for submitting an application.

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