Bank of America Credit Cards: Best and Latest Offers [October 2020]

Bank of America credit cards are used in every region of the world. See which one makes the most sense for you.
Last updated Oct 2, 2020 | By Ben Walker

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As one of the largest banks in the U.S., Bank of America offers several consumer and business cards to choose from. For frequent travelers, Bank of America’s selection of the best travel credit cards provides valuable benefits for your upcoming trips and adventures. For everyday expenses, use one of the best cashback credit cards to earn bonus rewards on every purchase you make.

If you’re interested in applying for a new Bank of America credit card, here are some fantastic options.

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Latest Bank of America personal card offers

Bank of America Travel Rewards Credit Card

Bank of America Travel Rewards Credit Card

Special Offer

Earn 25,000 points after spending $1,000 in the first 90 days

Why We Like It

The Bank of America Travel Rewards Credit Card is great for individuals who enjoy earning rewards and traveling.

Cardholders will enjoy the flexibility to redeem points with no blackout dates and receive a statement credit to pay for travel purchases.

Earn 1.5X points on all purchases everywhere, every time.

Credit Needed: Good - Excellent

Bank of America Premium Rewards Credit Card

Bank of America Premium Rewards Credit Card

Special Offer

50,000 bonus points after spending $3,000 in the first 90 days

Why We Like It

The Bank of America Premium Rewards Credit Card is a fantastic card option for travelers who want to earn points on every purchase.

Cardholders will receive up to $100 credits for Global Entry and TSA PreCheck applications every four years and another $100 credit for qualifying travel purchases, and benefit from no foreign transaction fees.

Earn 2X points on travel and dining and 1.5X points on all other purchases.

Credit Needed: Excellent

Bank of America Cash Rewards Credit Card

Bank of America Cash Rewards Credit Card

Special Offer

Get $200 cash rewards bonus after spending $1,000 in the first 90 days

Why We Like It

The Bank of America Cash Rewards Credit Card is a fantastic card for anyone who loves earning cash back on everyday purchases.

Cardholders benefit from a 0% Introductory APR on purchases and balance transfers that post in the first 60 days of account opening for 12 billing cycles.

Earn 3% cash back on the category of your choice (gas, online shopping, dining, travel, drug stores, or home improvements/furnishings), 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases.

Credit Needed: Good - Excellent

Bank of America Travel Rewards Credit Card for Students

Bank of America Travel Rewards Credit Card for Students

Special Offer

25,000 online bonus points after spending $1,000 in the first 90 days

Why We Like It

The Bank of America Travel Rewards for Students Credit Card is a great card for students to earn rewards toward travel.

Students can earn unlimited points and redeem them on any airline or at any hotel anytime with no blackout dates.

Earn 1.5X points per dollar spent on all purchases.

Credit Needed: Good - Excellent

Bank of America Cash Rewards for Students

Bank of America Cash Rewards for Students

Special Offer

$200 cash bonus after making at least $1,000 in purchases in the first 90 days

Why We Like It

The Bank of America Cash Rewards Credit Card for Students is a great choice for students who want to be rewarded for responsible credit card usage.

Students will have access to monitor their FICO Credit Score and credit education to make responsible credit card decisions along with a 0% Introductory APR on purchases and balance transfers that post in the first 60 days of account opening.

Earn 3% on a category of your choice (gas, online shopping, dining, travel, drug stores, and home improvement/furnishings), 2% at grocery stores and wholesale clubs, and 1% on all other purchases. Earn 3% and 2% on the first combined $2,500 then earn 1%.

Credit Needed: Fair - Good - Excellent

BankAmericard Credit Card

BankAmericard Credit Card

Special Offer

0% introductory APR for 15 billing cycles on balance transfers made within 60 days of account opening and all purchases

Why We Like It

The BankAmericard Credit Card is a wonderful option for individuals who want to take advantage of a stellar introductory balance transfer sign-up offer.

Cardholders can benefit from a 0% Introductory APR on purchases and balance transfers for 15 billing cycles and no balance transfer fee in the first 60 days of account opening.

Other benefits include no penalty APR or annual fees.


Credit Needed: Good - Excellent

Alaska Airlines Visa Signature Credit Card

Alaska Airlines Visa Signature Credit Card

Special Offer

Earn 40,000 bonus miles (+ round-trip coach Companion Fare) after spending $2,000 in the first 90 days

Why We Like It

The Alaska Airlines Visa Signature Credit Card is an excellent option for those who prefer traveling with Alaska Airlines.

Cardholders will enjoy their first checked bag free, 50% off Alaska Lounge day passes, and 20% back on eligible inflight purchases.

Earn 3X miles on eligible Alaska Airlines purchases and 1X miles on every $1 spent on other purchases.

Credit Needed: Good - Excellent

Asiana Airlines Visa Signature Credit Card

Asiana Airlines Visa Signature Credit Card

Special Offer

30,000 Bonus Miles after spending $3,000 in the first 90 days

Why We Like It

The Asiana Airlines Visa Signature Credit Card offers incredible rewards for travelers who prefer flying with Asiana Airlines.

Cardholders will receive 2 lounge invitations, 10,000 bonus miles, and a $100 rebate on Asiana Airlines purchases annually.

Earn 3X miles for every dollar spent at Asiana Airlines, 2X miles at gas stations and grocery stores, and 1X miles on all other purchases.

Credit Needed: Good - Excellent

Virgin Atlantic World Elite Mastercard

Virgin Atlantic World Elite Mastercard

Special Offer

30,000 Flying Club bonus miles after spending $1,000 in the first 90 days

Why We Like It

The Virgin Atlantic World Elite Mastercard is a great card for anyone who prefers flying with Virgin Atlantic.

Cardholders will earn 15,000 Flying Club bonus miles each year and 5,000 Flying Club bonus miles when you add additional authorized users to your account . Cardholders also benefit from having no foreign transaction fees. 

Earn 3X miles per dollar spent directly with Virgin Atlantic and unlimited 1.5X miles on all other purchases.

Credit Needed: Excellent

Amtrak Guest Rewards World Mastercard

Amtrak Guest Rewards World Mastercard

Special Offer

Earn 20,000 bonus points after spending $1,000 in first 90 days

Why We Like It

The Amtrak Guest Rewards World Mastercard is a great credit card for travelers who use Amtrack often. 

Cardholders earn 20,000 bonus points after spending $1,000 in the first 90 days. Plus, this card offers other perks like companion coupons, complimentary upgrades, and lounge passes.  

Earn 3X points on Amtrack purchases and 2X points on other eligible travel purchases. 

Credit Needed: Good - Excellent

Amtrak Guest Rewards Platinum Mastercard

Amtrak Guest Rewards Platinum Mastercard

Special Offer

Earn 20,000 bonus points and a $100 statement credit after spending $1,000 in first 90 days

Why We Like It

The Amtrak Guest Rewards Platinum Mastercard is a decent option for frequent Amtrak travelers. 

Cardholders can enjoy 10% rebate on onboard food and beverage purchases and earn 2X points on Amtrak purchases. 

Credit Needed: Good - Excellent

Susan G. Komen Cash Rewards Credit Card

Susan G. Komen Cash Rewards Credit Card

Special Offer

Earn $200 in cash rewards after spending $1,000 in the first 90 days

Why We Like It

The Susan G. Komen Cash Rewards Credit Card is a great card for those who want to earn cash back while supporting the Susan G. Komen foundation. 

Cardholders can get up to 3% cash back, plus a 0% introductory APR on new purchases and balance transfers for 12 months. 

Credit Needed: Good - Excellent

Latest Bank of America business card offers

Bank of America Business Advantage Travel Rewards World Mastercard

Bank of America Business Advantage Travel Rewards World Mastercard

Special Offer

Earn 30,000 points after you spent $3,000 in the first 90 days

Why We Like It

The Bank of America Business Advantage Travel Rewards World Mastercard is an inexpensive card for frequent business travelers. 

Cardholders can earn 30,000 points after spending $3,000 in the first 90 days. Plus, this card comes with no annual fee. 

Earn 3X points per $1 spent on rental car, hotel, and airline purchases made through the Bank of America Travel Center; and 1.5X points on all other eligible purchases.

Credit Needed: Excellent

Bank of America Business Advantage Cash Rewards Mastercard

Bank of America Business Advantage Cash Rewards Mastercard

Special Offer

Earn a $300 statement credit after spending $3,000 on purchases in the first 90 days

Why We Like It

The Bank of America Business Advantage Cash Rewards Mastercard is a great option for those who like to earn cash back. 

Cardholders can earn a $300 statement credit after spending $3,000 in the first 90 days. Plus, this card offers a 0% introductory APR on purchases for 9 months. 

Earn 3% cash back on your category of choice and 2% cash back on dining (on up to $50,000 annually in combined 3% and 2% category purchases); and unlimited 1% cash back on everything else.

Credit Needed: Excellent

Alaska Airlines Visa Business Credit Card

Alaska Airlines Visa Business Credit Card

Special Offer

Earn 40,000 bonus miles, plus an Alaska Airlines Companion Fare (from $121) after spending $2,000 in the first 3 months

Why We Like It

The Alaska Airlines Visa Business Credit Card is a great option for frequent Alaska Airlines business travelers. 

Cardholders can earn 40,000 bonus miles, plus an Alaska Airlines Companion Fare (from $121) after spending $2,000 in the first three months. Plus, this card offers additional perks like a free first checked bag. 

Earn 3X miles on eligible Alaska Airlines purchases and 1X miles on all other purchases.

Credit Needed: Excellent

What is Bank of America?

The Bank of America brand was launched in 1998, which is when the name was first revealed, but the company’s roots stretch back for hundreds of years. The State Bank of Albany, a Bank of America heritage bank, opened in 1803 and helped finance essential projects of the time, like the building of the Erie Canal. As Bank of America moved into the modern age, it revolutionized the banking industry with the world’s first electronic recording machine-accounting system, which helped speed up how checks were processed.

Today, Bank of America provides a wide variety of financial services for more than 66 million clients around the globe. Some of its most well-known services are checking and savings accounts, credit cards, home and auto loans, and personalized investment plans. Bank of America primarily operates within the U.S., but its services are available in over 35 countries around the world.

With over 200,000 employees and a total net income of $27.4 billion in 2019, Bank of America is a leading force within the U.S. and global banking industries.

What are the different types of Bank of America credit cards?

Bank of America credit cards are available for both personal and business use. Choose from cashback cards, travel cards, co-branded cards, and more. For most credit card needs, Bank of America has you covered.

Bank of America personal credit cards:

Bank of America offers plenty of options to meet your financial needs with its wide array of consumer credit cards. See which Bank of America credit card would best fit your lifestyle and spending habits.

Bank of America cashback cards

Cashback cards provide terrific potential for earning rewards on everyday purchases. If you want to earn cash back on gas, groceries, shopping, and dining purchases, consider a Bank of America cashback credit card. Some cards even offer choice categories, so you can earn bonus cash back in the categories where you spend the most.

Your Bank of America cashback rewards can typically be redeemed for statement credits, deposits into a Bank of America checking or savings account, or for an eligible Merrill account credit.

Bank of America offers these cashback cards:

Bank of America travel cards

Travel rewards credit cards can provide amazing value and benefits for any traveler. It doesn’t matter if you take 10 trips a year or just one, travel cards offer great rewards to help offset your trip costs. While reward redemption options vary, with sufficient rewards, you can book free flights and free hotel stays for your next vacation.

In addition, many travel rewards cards have helpful benefits you can take advantage of, including generous sign-up bonuses and other perks. A card with no foreign transaction fees could be useful if you’re traveling abroad, as you wouldn’t pay an extra fee on credit card purchases. Some cards, including the Bank of America Premium Rewards Credit Card, also offer premium benefits, like a TSA PreCheck or Global Entry fee reimbursement. Cardholders also get an airline incidentals credit, which can help offset the cost of baggage fees and other inflight purchases.

Bank of America offers these travel cards:

No annual fee Bank of America cards

If you want a low-stress credit card without an annual cost, consider one of the best no annual fee credit cards that Bank of America offers. When you don’t have to worry about an annual fee, it’s easier to focus on earning rewards and using your card’s benefits.

For instance, a cashback card offers heaps of cashback potential because you can earn rewards on every purchase. If the same card has no annual fee, the cashback potential is unlimited because there’s no annual cost to offset. You may not get any premium benefits with a no annual fee card, but you also don’t have to worry about the extra cost.

Bank of America offers these no annual fee cards:

Bank of America 0% intro APR cards

If you want to easily manage your debt, see whether you qualify for a 0% APR credit card from Bank of America. This type of credit card allows you to avoid interest charges on purchases and/or balance transfers for a specified period of time. This amount of time is called a 0% intro APR period and it typically lasts at least 12 months from when you opened your account.

Cards with 0% intro APR offer periods are often the best balance transfer credit cards available. They make it simple to transfer debt from one credit card to another so you can avoid paying lots of interest for a certain window of time. As long as you pay off the debt during the 0% intro APR period, you’ll have avoided accruing any interest on the balance of debt that was transferred.

It’s the same thing with 0% intro APR periods on purchases. Leverage the 0% interest rate if you need to make big purchases, but make sure you can pay those purchases off before the intro APR period ends. Otherwise, you’ve only delayed the interest from accruing and will have to pay it anyway.

Bank of America offers these 0% intro APR cards:

  • Allegiant World Mastercard Credit Card (0% intro APR on balance transfers for 12 billing cycles)
  • BankAmericard Credit Card (0% intro APR on purchases for 15 billing cycles; 0% on balance transfers requested within 60 days of account opening for 15 billing cycles)
  • Bank of America Cash Rewards for Students (0% intro APR on purchases for 12 billing statements; 0% intro APR on balance transfers for 12 billing statements)
  • Bank of America Cash Rewards Credit Card (0% intro APR on purchases for 12 billing cycles; 0% intro APR on balance transfers for 12 billing cycles)
  • Bank of America Travel Rewards Credit Card (0% intro APR on purchases for first 12 statement closing dates)
  • Bank of America Travel Rewards Credit Card for Students (0% intro APR on purchases for 12 billing cycles)
  • MLB Cash Rewards Credit Card (0% intro APR on purchases for 12 billing cycles; 0% intro APR on balance transfers for 12 billing cycles)
  • Susan G. Komen Cash Rewards Credit Card (0% intro APR on purchases for 12 months; 0% intro APR on balance transfers for 12 months)
  • U.S. Pride Cash Rewards Credit Card (0% intro APR on purchases for 12 billing cycles; 0% intro APR on balance transfers for 12 billing cycles)
  • World Wildlife Fund Cash Rewards Credit Card (0% intro APR on purchases for 12 billing cycles; 0% intro APR on balance transfers for 12 billing cycles)

Bank of America co-branded airline cards

Bank of America often partners with other companies to issue co-branded credit cards. Many of these partnerships are formed with travel-focused companies, including major U.S. and global airlines. The credit cards created as a result of these partnerships are called co-branded airline cards.

The process of earning rewards with co-branded airline cards is similar to that of your directly issued Bank of America travel credit cards. As you make purchases, you earn rewards that can be redeemed for travel. However, with airline cards, your rewards are meant to be used with the specific airline Bank of America has partnered with. So if you have the Alaska Airlines Visa Signature Credit Card, you’ll earn Mileage Plan miles that can be redeemed for Alaska Airlines flights or flights with Alaska Airlines partners.

Bank of America offers these co-branded airline cards:

Other co-branded Bank of America cards

In addition to airlines, Bank of America also partners with other companies to issue specific co-branded credit cards. With each co-branded credit card, you receive a unique opportunity to earn rewards and benefits from the partnership.

With the Amtrak Guest Rewards World Mastercard, you earn points you can redeem for Amtrak travel. With the Susan G. Komen Cash Rewards Credit Card, you help fight breast cancer with every purchase you make with your card.

Bank of America offers these other co-branded cards:

Bank of America business credit cards

The best small business credit cards offer valuable perks and benefits to help you run your business. These cards can also make it easier for you to separate business from personal expenses.

Bank of America has multiple business card options for small business owners. If you travel often for work, consider one of the travel business cards. Or, for your everyday business expenses, a cashback rewards business card could be a good fit.

Bank of America offers these business credit cards:

How does Bank of America compare to other credit card companies?

Bank of America is one of the largest companies in the U.S. banking industry and around the world, but it still faces tough competition from other businesses. Competitors like Wells Fargo, TD Bank, and Capital One are also major players in the financial services world. Let’s see how Bank of America fares against these three credit card issuers.

Bank of America vs. Wells Fargo

Bank of America and Wells Fargo both offer similar financial services. They issue credit cards, provide checking and savings accounts, and you can take out loans with both banks. Their credit cards are mainly used on the Visa and Mastercard payments networks, so they’re generally accepted everywhere in the world.

Overall, Bank of America offers a lot more credit card options than Wells Fargo so it’s easier to find the perfect match for what you need. Both companies have more than 200,000 employees.

Bank of America vs. TD Bank

TD Bank provides typical banking services like bank accounts and personal loans, so it’s a business that functions very similarly to Bank of America. TD Bank also issues its own credit cards, but its offerings are limited compared to Bank of America’s options. With only a few credit cards to choose from, it’s nowhere near the dozens of available Bank of America credit cards.

Both companies use Visa to process their credit card payments, though some of the Bank of America credit cards use Mastercard as well. In a straightforward size comparison, Bank of America is a much larger company than TD Bank. Bank of America employs more than 200,000 workers whereas TD Bank has about 85,000 employees.

Bank of America vs. Capital One

Capital One offers a variety of financial products and services, including credit cards, online banking, and auto loans. In this aspect, both Bank of America and Capital One operate similarly. There aren’t as many Capital One credit cards as Bank of America credit cards, but there’s still plenty to choose from overall.

All Bank of America and Capital One credit cards use the Visa and Mastercard payments networks for ease of use throughout the world. For company size, Bank of America’s employee count of over 200,000 just about quadruples the nearly 52,000 employees of Capital One.

Which Bank of America credit card should you choose?

If you want to choose the right Bank of America credit card, figure out what your financial needs and goals are. Also, consider your spending habits and lifestyle choices. Bank of America has enough credit card options to suit most anyone, but the ideal fit will depend on what you’re looking for. Check out the available credit cards and see which ones most align with what you need.

For a no-nonsense cashback credit card, it’s hard to beat the Bank of America Cash Rewards Credit Card. It has a $0 annual fee and earns cash back on every purchase. Even better, you’ll earn a bonus 3% cash back on the category of your choice (dining, drug stores, gas, home improvement/furnishings, online shopping, or travel), which makes it easy to earn cash back on your most common expenses.

For travel enthusiasts, the Bank of America Premium Rewards Credit Card makes more sense. This card earns 2X points on travel and dining, and 1.5X points on all other purchases. You also get premium benefits like travel insurance, return protection, and credit card rental car insurance. Once you have enough points and you’re ready to use them, redeem them for purchases at the Bank of America Travel Center.

Both the Bank of America Cash Rewards Credit Card and Bank of America Premium Rewards Credit Card are Preferred Rewards eligible. The Bank of America Preferred Rewards program offers some added perks. Preferred Rewards members can earn an additional 25%-75% more cash back or points. To enroll, you'll need an eligible Bank of America checking account that meets certain minimum balance requirements.

If you need a credit card to pay off debt, look into a 0% intro APR card from Bank of America. These cards won’t erase your debt, but you can avoid interest charges on balance transfers or new purchases. Using this strategy, you’ll have more time to focus on paying down debt instead of watching interest fees pile up.

A card like the Susan G. Komen Cash Rewards Credit Card offers 0% intro APR on purchases for 12 months and 0% intro APR on balance transfers for 12 months. Plus, you get the added benefit of supporting the fight against breast cancer whenever you make a purchase with your card.

Because there are so many Bank of America credit cards available, there’s sure to be one that’s ideal for you. Check out the full list of Bank of America credit cards to find your perfect match.

FAQs about Bank of America credit cards

Which Bank of America card is best?

The best Bank of America credit card is the one that aligns with your lifestyle, spending habits, and financial goals. Because each individual has different financial needs, the best credit card for you might not be the best card for someone else. If you want a card to earn rewards on everyday purchases, consider a cashback credit card. If you want a card to enhance your travel experience and earn valuable points or miles, consider a travel rewards credit card.

Are Bank of America credit cards hard to get?

Bank of America credit cards vary in their approval difficulties. Certain cards, like its student cards and the BankAmericard Secured Credit Card are designed to help you build your credit. As such, the credit score requirements for these cards may not be as strict. In general, expect to need good to excellent credit to qualify for a Bank of America credit card. Good credit scores start at 670 and excellent scores are above 800. Bank of America will look at your credit history and other factors to determine your eligibility.

Which Bank of America credit cards have no annual fee?

These Bank of America credit cards have no annual fee:

  • BankAmericard Credit Card
  • BankAmericard Secured Credit Card
  • Bank of America Travel Rewards Credit Card for Students
  • Bank of America Cash Rewards Credit Card
  • Bank of America Cash Rewards Secured
  • Bank of America Cash Rewards for Students
  • Bank of America Travel Rewards Credit Card
  • Celebrity Cruises Visa Signature Credit Card
  • MLB Cash Rewards Credit Card
  • Norwegian Cruise Line World Mastercard
  • Royal Caribbean Visa Signature Credit Card
  • Susan G. Komen Cash Rewards Credit Card
  • U.S. Pride Cash Rewards Credit Card
  • World Wildlife Fund Cash Rewards Credit Card

Which Bank of America credit cards earn rewards?

These Bank of America credit cards earn cashback rewards:

  • Bank of America Cash Rewards Credit Card
  • Bank of America Cash Rewards for Students
  • Bank of America Cash Rewards Secured
  • Bank of America Premium Rewards Credit Card
  • MLB Cash Rewards Credit Card
  • Susan G. Komen Cash Rewards Credit Card
  • World Wildlife Fund Cash Rewards Credit Card

These Bank of America credit cards earn travel rewards:

  • Air France KLM World Elite Mastercard
  • Alaska Airlines Visa Signature Credit Card
  • Allegiant World Mastercard Credit Card
  • Amtrak Guest Rewards Platinum Mastercard
  • Amtrak Guest Rewards World Mastercard
  • Asiana Airlines Visa Signature Credit Card
  • Bank of America Travel Rewards Credit Card
  • Bank of America Travel Rewards Credit Card for Students
  • Celebrity Cruises Visa Signature Credit Card
  • Norwegian Cruise Line World Mastercard
  • Royal Caribbean Visa Signature Credit Card
  • Sonesta World Mastercard
  • Spirit Airlines World Mastercard
  • Virgin Atlantic World Elite Mastercard

Are Bank of America cards Visa or Mastercard?

Bank of America credit cards use both Visa and Mastercard payments networks. Look for the Visa or Mastercard logos on the front of your card to see which one your card uses.

Which Bank of America card is the easiest to get?

Bank of America issues certain credit cards that have been designed to help you build your credit. Because these cards are meant to help build or repair credit, they may not have as strict credit score approval requirements. These are the Bank of America cards designed to help build your credit:

The bottom line on the best Bank of America credit card for your wallet

If you’re interested in applying for a new Bank of America card, you’ve got several options. Use this list to narrow down the choices that best align with what you’re looking for.

Remember to consider your goals and spending habits to choose the best option for you. Each BofA credit card has its own strengths and benefits, so take your time to find which ones would best suit your financial needs.

Bank of America Premium Rewards Credit Card

Bank of America Premium Rewards Credit Card

Bank of America Premium Rewards Credit Card

Benefits

  • 50,000 bonus point welcome offer
  • 2X points on travel and dining
  • Statement credits for TSA PreCheck or Global Entry
  • No foreign transaction fees