Discover the Steps to Apply for the BoA Unlimited Cash Rewards Card

The BoA Unlimited, true to its name, emphasizes exceptional rewards that remain valid for the entire duration of the card; discover the application process.

Key Points to Consider Before Applying for the BoA Unlimited Cash Rewards Card

The Bank of America Unlimited Cash Rewards card, partnered with Visa Signature, offers an unlimited 1.5% cash back on every purchase, along with special benefits for those in the Preferred Rewards program.

The Preferred program brings a host of exclusive benefits.

In the world of credit cards, you can boost your rewards rate to between 1.87% and 2.62% per transaction, which could have a notable effect on your finances.

To be eligible for this program, applicants must possess an active and qualifying Bank of America account.

Furthermore, maintaining a combined average balance of $20,000 over three months is necessary, including both deposit balances and Merrill investment accounts.

The Bank of America card has no annual fee and offers a 15-month introductory APR on both purchases and balance transfers.

After this period, interest rates will vary, ranging from standard APRs of 18.24% to 28.24%. For balance transfers, the fee begins at 3% and then rises to 4%.

The card also offers a $200 sign-up bonus for newcomers who spend at least $1,000 in the first three months.

Plus, rewards can be redeemed without expiration through several options, like statement credits, Bank of America deposits, purchases on Amazon.com, and PayPal.

If you’re eager to discover more, keep reading.

Eligibility Criteria

Here’s what you need to know about BoA. Photo by Freepik.

Firstly, you don’t need to be a current Bank of America customer to apply for this card. When you get the BoA Unlimited, a card account will be established for you.

To apply for the BoA Unlimited, you must be at least 18 years old, or up to 21 in specific states like Puerto Rico.

The services connected to this card are available in all 50 states across the U.S. To be eligible for the card, you must be a U.S. citizen or a foreign national with a valid passport and work visa that are properly documented.

Your credit history should ideally show a good to excellent score, generally between 670 and 700 FICO points.

You will also need to provide verifiable income documentation for the approval of the card.

It’s important to remember that fulfilling these requirements does not guarantee approval, as each application is at the discretion of Bank of America and subject to availability.

How to Apply for the BoA Unlimited Cash Rewards Card

On the Bank of America website, you’ll find an “Apply Now” button that leads prospective customers to the application form.

When you reach the application form, you will need to enter basic information such as your first name, last name, home address, phone number, and email.

If you’re already a Bank of America customer, logging in can make things easier. After that, you’ll be asked to provide banking details like your Social Security number, housing type, monthly expenses, and income.

These are generally the key details the bank requires, after which they will perform a comprehensive credit evaluation.

Throughout the application process, you may need to provide documentation like proof of residence, a scanned copy of your driver’s license or passport, and recent bank statements to confirm your income.

If you have any questions or run into issues, you can contact the bank through online chat or other customer support options, including the provided phone number.

Additional Information

This card is quite versatile and even allows for use without the physical card, as you can take advantage of digital wallets on your smartphone. Regarding security, BoA provides: