Unlock More from Every Dollar with the Unlimited Cash Card

Turn everyday purchases into long-term financial gains with smart, hassle-free rewards

Not every cashback card delivers lasting value — but the Bank of America® Unlimited Cash Card does. With a straightforward 1.5% back on every eligible purchase, no annual fee, and flexible redemption, it fits perfectly into any lifestyle. It’s designed for those who want reliable rewards, powerful loyalty bonuses, and room to manage large expenses interest-free.

This guide helps you get the most from your card with habits and strategies that stretch every dollar even further.

Smarter Ways to Maximize Unlimited Cash

Use It on Everyday Expenses
From your morning coffee to your utility bill, every swipe earns 1.5% automatically — no rotating categories or limits.

Unlock Your $200 Bonus
Hit $1,000 in purchases within the first 90 days and score an instant $200 reward. Plan recurring expenses or big purchases to reach the threshold smoothly.

Boost with Preferred Rewards
Already a Bank of America client? Link your accounts to the Preferred Rewards program and increase your 1.5% base rate up to 2.62%, depending on your tier.

Make the Most of 0% Intro APR
You’ll get 15 billing cycles with zero interest on purchases and balance transfers. It’s a great window for tackling debt or handling larger costs without finance charges.

Redeem Rewards Strategically
You can choose to:

• Apply cash back to your current balance
• Deposit into your Bank of America accounts
• Reduce upcoming statements directly

Pair It for More Value
Use this card for routine spending and combine it with a travel card for trips and flights. That way, you earn steady cash back daily while also stacking travel rewards.

Quick Answers to Common Questions

Can I go beyond 1.5%?
Yes — Preferred Rewards members earn up to 2.62% depending on their relationship level.

Is there a limit to rewards?
No. There’s no maximum. Earn unlimited cash back across all purchases.

Can I use it abroad?
Yes. There are no foreign transaction fees, making it ideal for travel.

How do I qualify for Preferred Rewards?
You’ll need a BofA checking account and at least $20,000 across qualifying accounts.

Are balance transfers allowed?
Yes, within 60 days of opening — with a 3% transfer fee.

What’s the minimum redemption amount?
Redemptions start at $25 for direct deposit, statement credit, or balance reduction.

Does it offer travel insurance?
No, this card focuses solely on cashback rewards.

Will missing a payment trigger a penalty APR?
No penalty APR, but standard late fees and credit impact still apply.

Can I add someone else to my account?
Yes — adding authorized users is a great way to build credit for family or streamline shared expenses.

How do I track my cashback?
Monitor earnings through the Bank of America mobile app or website.

Get the Most From Your Card Long-Term

• Automate your payments to avoid fees or missed due dates
• Make this your go-to card for everyday purchases to build consistent rewards
• Check your rewards regularly to spot opportunities for redemptions
• Stay eligible for Preferred Rewards to keep your boosted cashback
• Use the intro APR wisely — large expenses or transferred debt won’t cost interest
• Reassess your strategy annually to be sure the card still fits your goals

A Reliable Card with Real Earning Power

For anyone wanting a low-maintenance, high-consistency cashback card, the Bank of America Unlimited Cash Card stands out. It’s dependable, easy to use, and even more rewarding if you already bank with BofA.

If your goal is steady cashback, zero fees, and extra breathing room for major purchases, this card checks every box. And when paired with the Preferred Rewards program, it becomes a long-term financial asset you can rely on.