The Bank of America Cash Rewards Credit Card for Students offers a variety of benefits including cash back rewards, no annual fee, and low introductory APR. Explore its advantages, disadvantages, and additional features to make an informed decision.
Advantages of the card Bank of America Cash Rewards Credit Card for Students
The card offers 3% cash back in a category of your choice, automatic 2% cash back at grocery stores and wholesale clubs, and unlimited 1% cash back on all other purchases. Additionally, it provides a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days. There’s no annual fee, and the cardholder can access their FICO® Score updated monthly for free.
Disadvantages of the card Bank of America Cash Rewards Credit Card for Students
While the card offers enticing rewards and benefits, it’s important to note that the cash back categories are limited to certain options, and the 3% and 2% cash back rates are applicable only up to the first $2,500 in combined purchases each quarter. Additionally, after the introductory APR period ends, a variable APR will apply.
Extra features offered by Bank of America Cash Rewards Credit Card for Students
The card provides various additional benefits including Better Money Habits® resources, mobile banking for easy account management, contactless chip technology for secure payments, and balance connect® for overdraft protection.
Learn how to apply for your credit card Bank of America Cash Rewards Credit Card for Students
To apply for the Bank of America Cash Rewards Credit Card for Students, visit the Bank of America website and navigate to the credit cards section. Locate the specific card and click on the “Apply Now” button to start the application process.
Discover the main ways to apply for the card Bank of America Cash Rewards Credit Card for Students
You can apply for the card through the Bank of America website or by using the Bank of America Mobile Banking app. Alternatively, you can visit a Bank of America financial center and apply in person.
Prerequisites for request
To apply for the card, you’ll need to meet certain requirements including being a student, having a good credit history, and providing personal and financial information during the application process.
From the site
Visit the Bank of America website, navigate to the credit cards section, and follow the prompts to apply for the card.
From the site App
Download the Bank of America Mobile Banking app, locate the credit cards section, and proceed with the application process.
By agency
Visit a Bank of America financial center near you, speak with a representative, and submit your application in person.
The Bank of America Cash Rewards Credit Card for Students offers an array of benefits tailored to student needs, including cash back rewards, no annual fee, and valuable extra features. While it has its limitations, such as category restrictions and introductory APR expiration, it remains a solid option for students looking to build credit and earn rewards.