Bank of America Credit Cards: Latest Offers [September 2023]

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 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.

Latest Bank of America personal card offers

Latest Bank of America business card offers

What is Bank of America?

The modern-day Bank of America brand was launched in 1998, but the company’s roots stretch back to 1904 and the Bank of Italy in San Francisco, which was later rebranded to Bank of America. The first Bank of America credit card debuted in 1958. 

As Bank of America moved into the modern age, it revolutionized the banking industry with the world’s first electronic recording machine-accounting (ERMA) system, which helped speed up how checks were processed.

Today, Bank of America provides a wide variety of financial services for millions of 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 dozens of countries around the world.

With over 200,000 employees and billions of dollars in annual net income, 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 the chance to choose your bonus categories, so you can earn an even higher cashback rate 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^® Customized Cash Rewards credit card
• Bank of America^®️ Customized Cash Rewards Credit Card for Students
• Bank of America^® Customized Cash Rewards Secured Credit Card
• Bank of America^® Unlimited Cash Rewards credit card
  
• Bank of America^® Unlimited Cash Rewards Credit Card for Students
  
• Bank of America^® Unlimited Cash Rewards Secured Credit Card
  
• Bank of America^® Premium Rewards^® credit card
  
• Susan G. Komen^® Customized Cash Rewards Visa^® credit card from Bank of America

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:

• Bank of America^® Travel Rewards credit card
• Bank of America^®️ Travel Rewards Credit Card for Students
• Bank of America^® Premium Rewards^® credit card
• Bank of America^®️ Premium Rewards^® Elite Credit Card
  

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:

• BankAmericard^®️ Secured Credit Card
• Bank of America^®️ Travel Rewards Credit Card for Students
• Bank of America^® Customized Cash Rewards credit card

• Bank of America^® Customized Cash Rewards Secured Credit Card

• Bank of America^®️ Customized Cash Rewards Credit Card for Students
  

• Bank of America^® Travel Rewards credit card
• BankAmericard^® Credit Card for Students
  
• Celebrity Cruises^® Visa Signature^® Credit Card
• Norwegian Cruise Line^® World Mastercard^®
• Royal Caribbean Visa Signature^® Card
• Susan G. Komen^® Customized Cash Rewards Visa^® credit card from Bank of America
• Bank of America^® Unlimited Cash Rewards credit card
  
• BankAmericard^® credit card
  
• Bank of America^® Unlimited Cash Rewards Credit Card for Students
  
• Bank of America^® Unlimited Cash Rewards Secured Credit Card
  

Bank of America 0% intro APR cards

If you want to easily manage your debt, see whether you qualify for an introductory 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 the 0% 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 cards available. While you will typically have to pay a balance transfer fee, these cards 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 introductory interest rate if you need to make big purchases, but make sure you can pay those purchases off before the intro APR period ends. After the promo period ends, your remaining balance will be subject to a variable APR. So if you don't pay off the card by the time the regular APR kicks in, you’ve only delayed the interest from accruing and will have to pay it anyway.

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^® 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:

• Air France KLM World Elite Mastercard^®
• Alaska Airlines Visa^® Credit Card
• Allegiant World Mastercard^® Credit Card
• Free Spirit^® Travel More World Elite Mastercard^®

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 Susan G. Komen^® Customized Cash Rewards Visa^® credit card from Bank of America, you help fight breast cancer with every purchase you make with your card.

Bank of America offers these other co-branded cards:

• Celebrity Cruises^® Visa Signature^® Credit Card
  
• Norwegian Cruise Line^® World Mastercard^®
• Royal Caribbean Visa Signature^® Card
  
• Sonesta World Mastercard^®
• Susan G. Komen^® Customized Cash Rewards Visa^® credit card from Bank of America

Bank of America business credit cards

The best 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:

• Bank of America^® Business Advantage Customized Cash Rewards Mastercard^® credit card
  
• Bank of America^® Business Advantage Unlimited Cash Rewards Mastercard^® credit card
  
• Bank of America^® Business Advantage Travel Rewards World Mastercard^® credit card
• Bank of America^® Platinum Plus^® Mastercard^® Business card
• Alaska Airlines Visa^® Business card
  

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?

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 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^® Customized 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, drugstores, gas, home improvement/furnishings, online shopping, or travel (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter), 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.

If you need a credit card that helps with how 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.

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.

How to power up your rewards earnings with Bank of America

There are ways to earn further rewards with Bank of America based on other financial products you may already have or be willing to open there. The Bank of America Preferred Rewards program is free to join, and all you need to enroll is a Bank of America personal checking account and a three-month average combined balance of $20,000 or more in qualifying Bank of America banking accounts and/or Merrill investment accounts.

If you're already a Bank of America customer, you can check if you're eligible for the Preferred Rewards program by signing into the online banking portal or mobile banking app. Both the Bank of America Customized Cash Rewards credit card and Bank of America Premium Rewards credit card are Preferred Rewards eligible.

There are three tiers to the Preferred Rewards program: Gold, Platinum, and Platinum Honors. The tier you’re placed in depends on the combined balances in your qualifying accounts. As your money grows or decreases, you’ll move up and down in the status levels. Preferred Rewards members can earn an additional 25%-75% more cash back or points.

As a Preferred Rewards member, you can earn perks in addition to the rewards your Bank of America credit card may already be earning you. These benefits include things like a rate booster on your savings account, a bonus on credit card rewards, fee-free ATM transactions, a discount on certain Merrill accounts, a reduction in a mortgage origination fee, auto loan interest discounts, and more.

FAQs about Bank of America credit cards

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

Bank of America may not have the reputation of American Express or Chase, but that doesn't mean it doesn't offer some great credit cards.

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 your personal finance goals. Maybe you're looking for a great bonus offer, or maybe a promo APR would better suit your needs.

Remember to consider your goals and spending habits to choose the best option for you. Each Bank of America credit card has its own strengths and benefits, so take your time to compare credit cards, read some credit card reviews, and find which ones would best suit your financial needs.