Bank of America® Customized Cash Rewards credit card: annual fee, APR and rewards

Fact sheet for the Bank of America® Customized Cash Rewards credit card, issued by Bank of America, with no annual fee, an intro APR offer and cash back. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Bank of America
Network	Visa
Annual fee	$0
Rewards	Cashback: 3% cash back in the Choice Category you select (Gas & EV Charging Stations (default), Online Shopping, Dining, Travel, Drug Stores, or Home Improvement/Furnishings) and 2% at grocery stores and wholesale clubs, on the first $2,500 in combined Choice Category/grocery store/wholesale club purchases each quarter, then 1%; 1% cash back on all other purchases. First-year offer: an additional 3% cash back in the Choice Category (6% total) on purchases that post within 365 days of account opening, within the same $2,500 quarterly limit
Purchase APR	17.74% to 27.74%, based on your creditworthiness, when you open your account. This APR will vary with the market based on the Prime Rate.
Intro APR	0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account (purchases); 0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account for transactions made within 60 days of opening your account (balance transfers)
Balance transfer fee	Introductory fee of 3% of the amount of each transaction, for transactions made within 60 days of opening your account. After that, 5% of the amount of each transaction
Sign-up bonus	$200 online cash rewards bonus offer: $200 bonus cash rewards after making at least $1,000 in purchases that post within 90 days of account opening
Foreign transaction fee	3% of each transaction
Credit level	Excellent, Good (tiers the issuer reports to the CFPB)

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 23.99%, with a range of 17.49% to 28.24%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.