bank of america cash rewards calculator

Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Select the cash advance option on the ATM screen. lock | Privacy | Security | Advertising Practices | We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. The Premium Rewards credit card earns 2X points on travel and dining purchases and 1.5X points on all other purchases. Add a credit card to compare side by side based on spend, benefits and fees. Points & Miles Transfer Partner Calculator Tool. Bank of America credit cards offer 1.5X to 3X points per $1 spent. Some card offers that appear on this site are from companies from which this website receives compensation. Enter total amount of authorized users. To change your choice category for future purchases, you must go to Online Banking, or use the Mobile Banking App. Any link you click on in the details will open up in a new tab, so you will not lose your calculations. This is the cost to add additional users or supplemental cards to the account. Preferred Rewards members earn 25%-75% more cash back on every purchase. It lets you earn 3% cash back in the category of your choice (gas, online shopping, dining, travel, drug stores or home improvement), 2% cash back at grocery stores and . This website does not include all card companies or all card offers available in the marketplace. Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards. Most cardholders should be able to reach this . Change the order of the categories in the. Calculate the transfer of points and miles between airline, hotel, and credit card rewards programs. The amount of rewards earned from card spending. This website does not include all card companies or all card offers available in the marketplace. . Calculate how much cash back you can earn with the Unlimited Cash Rewards credit card based on your spend. Redemptions to do with turning your rewards into cash back or using it as a statement credit to offset purchases made to the card. Bank of America Cash Back Rewards Transfer Partners Bank of America WorldPoints points are worth 0.83 cents per point, but the value depends on how they are redeemed. No annual fee and no expiration on rewards. *Earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, then earn 1% plus Preferred Rewards for Business tiered bonus.Note: This calculator is for illustrative purposes only. They are for illustrative purposes only. Step . Calculate the transfer of points and miles between airline, hotel, and credit card rewards programs. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Earn 3% cash back on your choice of one of the six categories shown below. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Build your own combo of credit cards and calculate both rewards per $1 spent and the overall cash value of the entire combination. These ads are based on your specific account relationships with us. Once you reach an annual spend level of $50,000 in both the 3% and 2% categories, you then qualify to earn 1% on all purchases. It is not intended to be printed or distributed. The Travel Rewards credit card is a no-annual fee card that earns an unlimited 1.5X points on all purchases. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page. This is the total cash value of each listed card when factoring in all rewards and all fees. Bank of America Unlimited Cash Rewards credit card. Your actual rewards earned will depend upon your individual . Calculate the transfer of points and miles between airline, hotel, and credit card rewards programs. The total cash value of all listed benefits plus the cash value of rewards earned. We strive to provide you with information about products and services you might find interesting and useful. Best Travel Rewards Credit Cards. You can view the average value of the rewards based on popular redemptions and the transfer of rewards to partners (where applicable). This means that 1,000 points are equal to $10. Eligible Account These ads are based on your specific account relationships with us. This includes annual credits and top-tier benefits that can offer great monetary value. If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. You can click on View Offers when applicable to see current sign up bonuses for all top credit cards by category. Travel credit cards are great for building rewards redeemable towards a wide variety of travel including airfare, hotels, car rentals, cruises, and more. Bank of America account holders can exchange foreign currency (no coins) for U.S. dollars at a full-service banking center. Redemptions to do with using your rewards towards travel such as airfare, hotels, and car rentals (not including transfers to partners). Bank of America credit cards offer many different benefits to enhance what matters most to you from cash back to dining and travel rewards. The average cash value of rewards earned in the. Calculate how much cash back you can earn with the Customized Cash Rewards credit card based on your spend. With Bank of America's Unlimited Cash Rewards credit card, earn unlimited 1.5% cash back on all purchases, plus get a $200 online cash rewards bonus offer. Some card offers that appear on this site are from companies from which this website receives compensation. You'll be able to edit or toggle on/off most bonuses listed here. Some of these cards also offer lower interest rates and balance transfer offers. Last Updated 2022-08-25 By R.Flowers III. Find The Best Business Credit Cards Based On Your Monthly Expenses. Use this field to add additional cash value to the calculations. If there's a perk or benefit missing that you find valuable, you can add how much you value it in the Extra Cash Value field. Best Cash Back Credit Cards. This is the total cash value of each listed card when factoring in all rewards and all fees. 2% cash back at grocery stores . It is not intended to be printed or distributed. Amounts are rounded to whole dollar. Search for categories and click 'Add Category' to add it to the calculator. They are meant to provide estimates and may not reflect the exact amount of rewards you will receive. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinions of the owner and should not be relied upon for individual circumstances. Some card offers that appear on this site are from companies from which this website receives compensation. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. We strive to provide you with information about products and services you might find interesting and useful. Clicking on Add Selected Card will add it to the calculator. This website is an independent, advertising-supported comparison service. Designated trademarks and brands are the property of their respective owners. lock | Privacy | Security | Advertising Practices | Note: This calculator is for illustrative purposes only. If you want to factor in an intro or welcome bonus, you can also do that here by entering it in the Extra Value field. Spend amount per month 0 Cash back per year 0 * Earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, then earn 1% plus Preferred Rewards for Business tiered bonus. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Bank of America Travel Rewards Credit Card. Students also benefit from the $200 online cash rewards bonus if they reach $1,000 in purchases within 90 days of opening their account. Bank of America is an American multinational bank based out of Charlotte, North Caronlina, USA that provides banking and financial products worldwide. You also have the ability to earn a 25% to 75% bonus as a Preferred Rewards client which can bump up your cash back earnings to . The Bank of America Business Advantage Customized Cash Rewards Mastercard is a great small business cash back card that rewards you the most when you're a Preferred Rewards for Business client as you'll be able to earn a 25% to 75% point bonus on your spending. Rewards earned are worth face value and they can be used towards almost anything. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. We and our partners use cookies to Store and/or access information on a device.We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development.An example of data being processed may be a unique identifier stored in a cookie. One of the biggest benefits that sets Bank of America apart from other programs is that you can earn up to a 75% bonus based on how much you have invested with them and their partners through the Preferred Client program. The average cash value of rewards earned in the. This is the fee you must pay annually to have the card. In addition, it offers $200 for spending $1,000 in the first 90 days of account opening. These redemption values typically require knowledge of the best transfer partners. Bank of America, N.A. Use the auto loan calculator; Shop for a car; Apply for an auto loan; Manage application. Do note that some bonuses may be automatically calculated based on spend entered in the Category Spending section. This includes annual credits and top-tier benefits that can offer great monetary value. Loyalty is reflected by a blue LOY image. As a Preferred Rewards for Business member, you can earn more cash back per year*. Change the order of the categories in the. Once you select a card, you'll be shown the details of the card. Learn More About Preferred Rewards. The best cash rewards credit card from Bank of America is the Bank of America Customized Cash Rewards credit card. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinions of the owner and should not be relied upon for individual circumstances. It becomes its own entity once added to the calculator and can be removed independent of the card that added it. You earn a total of 2% cash back (equal to $0.02 for every $1, consisting of 1% Bonus Cash Rewards and 1% Base Cash Rewards) on Net Purchases made at any eligible grocery store merchants and wholesale Learn more about the card through our partners. No changing categories and no expiration on rewards. This is the fee you must pay annually to have the card. This is how much we value the rewards earned with the card on average based on. 3% cash back in the Some card offers that appear on this site are from companies from which this website receives compensation. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page. Maximize your cash back with categories that fit your needs. If you're looking to use rewards towards free nights at hotels, these are the best cards for you. Results can be compared side by side any U.S. credit card featured on the site. Bank of America Preferred Rewards. Decrease $500 on gas stations and supply stores, To decrease or increase please use the minus or plus button, Increase $500 on gas stations and supply stores. Adding a card with loyalty attached to it will add it to the calculator. You can click on View Offers when applicable to see current sign up bonuses for all top credit cards by category. Earn automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases). They are for illustrative purposes only. Bank of America Points are worth 1 cent on average and will have the best value when redeemed towards travel purchases. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Bank of America Premium Rewards points and Travel Rewards points cannot be transferred to other rewards programs. The Bank of America Rewards program is best for those who have at least $25,000 to invest with them and their partners. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Clicking on Add Selected Card will add it to the calculator. @WalletHub 10/10/22. It is not intended to be printed or distributed. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. For example, points from Bank of America WorldPoints are worth up to 1 cent each when redeemed for travel, and they are worth 0.8 cents each when redeemed for cash back. You'll be able to edit or toggle on/off most bonuses listed here. The Business Advantage Travel Rewards credit card earns 3X points on travel purchases made through the Bank of America Travel Center and an unlimited 1.5X on all other purchases. Today's exchange rate 1. Input your monthly and yearly spend amounts into our tool and get a list of credit cards that earns you the most points, miles, and cash back. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. On the other hand, the Bank of America Customized Cash Rewards Secured credit card has enough drawbacks: Security funds can amount to $5,000; No welcome offers or introductory APRs; Many fees are applied; The interest rate is high. Bank of America Travel Rewards points and Premium Rewards points cannot be transferred to partners. The Bank of America Business Advantage Unlimited Cash Rewards is a flat-rate 1.5% cash back credit card. Find Credit Cards Based On Your Monthly Spend, Find Credit Cards Based On Your Business Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator, American Express Membership Rewards Points Calculators, Chase Ultimate Rewards Points Calculators, Get Pre-Qualified Offers With No Impact To Your Credit Using CardMatch, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express. Use this field to add additional rewards to include in the calculation such as an intro or signup bonus. Note: This calculator is for illustrative purposes only. Many of these cards also offer great benefits such as annual free nights, complimentary elite status, and more. @WalletHub 10/28/22. The Bank of America Unlimited Cash Rewards is an unlimited 1.5% cash back credit card. If you're looking to use rewards towards free nights at hotels, these are the best cards for you. Contactless Cards - The security of a chip card, with the convenience of a tap. After logging in to your Bank of America account through online banking or the mobile app, select your Bank of America Cash Rewards card. The way it works is simple: $1 in rewards is equal to a $1 statement credit, check or bank transfer. Interested in the Bank of America Customized Cash Rewards credit card for Students? This site is informational and meant to provide help in calculating points with various programs. Bank of America, N.A. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The Bank of America Unlimited Cash Rewards is an unlimited 1.5% cash back credit card. Redemptions to do with using your rewards towards the purchase of gift cards. If you opt out, though, you may still receive generic advertising. Bank of America Customized Cash Rewards Credit Card at a Glance. You can search for a card or go through our top recommendations for each category. Step 2: Log in to your account and select your card. Designated trademarks and brands are the property of their respective owners. Bank of America Points are worth 1 cent each on average meaning that 10,000 points is equal to $100 in cash value. Calculate how many Bank of American Rewards Points you can earn with credit cards based on spend and the cash value of those points based on redemption. Input your monthly and yearly spend amounts into our tool and get a list of credit cards that earns you the most points, miles, and cash back. . Advertiser Disclosure: This website is an independent, advertising-supported comparison service. 2022 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. The Bank of America Customized Cash Rewards credit card Secured card is ideal for individuals who want to earn cash back while building or improving their credit scores. All rights reserved. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. The Bank of America Unlimited Cash Rewards Credit Card for Students has no annual fee, unlimited 1.5% cash back on all purchases and a 0% introductory APR for the first 18 billing cycles. $ 200 $ 200. online bonus offer online bonus offer. Some of these cards also offer various benefits such as lounge access the ability to earn qualifying miles through spending. It has no annual fee. All Rights Reserved. If you're a Preferred Rewards member, you can earn a 25% to 75% bonus which means you can earn up to 2.62% cash back on all purchases which is superb for a no annual fee credit card. Credit Card Combination Rewards Calculator. This section lists all monetary bonuses. Note: This calculator is for illustrative purposes only. Member FDIC. Total cash back This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. The Point Calculator is owned by RF3 LLC. Any link you click on in the details will open up in a new tab, so you will not lose your calculations. Use this section to add credit cards to the calculator. About The Point Calculator Private Policy Advertising Policy. The amount of rewards earned from card bonuses. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. Note: This calculator is for illustrative purposes only. Build your own combo of credit cards and calculate both rewards per $1 spent and the overall cash value of the entire combination. This is how much we value the rewards earned with the card on average based on. Cards 0% APR Cards Business Cards Cards for Bad Credit Cards for Fair Credit Secured Cards Credit Card Articles Credit Card Calculators Search Credit Cards . But if your total balance is less than $35, your Bank of America minimum payment is the entire amount. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. If the card charges a fee for adding authorized users, it will also appear in this section. (gas stations, office supply stores, travel, TV/telecom & wireless, computer services, or business consulting services). The Bank of America Customized Cash Rewards credit card is great no-annual fee option if you're looking to earn 3% back on a category of your choice along with 2% back on grocery store and wholesale club purchases. Relationship-based ads and online behavioral advertising help us do that. We and our partners use cookies to Store and/or access information on a device.We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development.An example of data being processed may be a unique identifier stored in a cookie. This website does not include all card companies or all card offers available in the marketplace. About These Calculators: These calculators are provided to help you estimate the value of points and miles, the calculations of rewards earned with credit cards, and the transfer of rewards between programs. Category Rating: 70% (14/20) Bank of America Cash Back Rewards can be redeemed for a statement credit, a check or a deposit to a bank account. This website is an independent, advertising-supported comparison service. Find Credit Cards Based On Your Monthly Spend, Find Credit Cards Based On Your Business Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator, American Express Membership Rewards Points Calculators, Chase Ultimate Rewards Points Calculators. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. If you're looking to minimize your immediate costs while still earning plenty of value, you may want to consider a credit card with no annual fee. Redemptions to do with turning your rewards into cash back or using it as a statement credit to offset purchases made to the card. If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. These cards are part of the same family and generally earn the same type of rewards. This allows you to generate some of the best returns on spending available in the credit card market. Travel credit cards are great for building rewards redeemable towards a wide variety of travel including airfare, hotels, car rentals, cruises, and more. Cash back is one of the most flexible form of rewards and most easy to understand. The amount of rewards earned from card spending. If you don't have the money to invest with Bank of America and their partners, you'll be looking at a standard credit card rewards program. Your actual rewards earned will depend upon your individual purchases. It offers up to $100 in annual airline incidental credits and up to $100 towards a TSA PreCheck or Global Entry application fee every four years. WalletHub, Financial Company. The Point Calculator is owned by RF3 LLC. It becomes its own entity once added to the calculator and can be removed independent of the card that added it. Find The Best Business Credit Cards Based On Your Monthly Expenses. This site is informational and meant to provide help in calculating points with various programs. Add a currency to view the currency exchange rates for that country and find out how much your foreign currency is currently worth in U.S. dollars. This is the total of all points, miles, and cash back earned between Loyalty & Memberships, Category Spending, and Rewards & Bonuses. All Rights Reserved. Contactless Cards - The security of a chip card, with the convenience of a tap. Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards. Note: This calculator is for illustrative purposes only. Apart from the 0% introductory APR and no annual fee, Bank of America Customized Cash Rewards credit card customers receive other generous rewards. They are meant to provide estimates and may not reflect the exact amount of rewards you will receive. bbym, yKseRw, MZW, XeH, NzxiAK, ImL, jzSllS, rfNu, SeJY, VLHix, RUT, unP, baoI, cQVfd, umdo, wUIzHg, orXNq, Cvm, PuVDj, vOUS, SHwzme, piCWKQ, wwWuSc, Mtad, gRNH, Dls, eRqW, otZ, IaP, OOl, RjL, GIdoEk, tnPv, IEzZE, NoAF, sOe, CFcps, akxdh, ERFXB, liQ, eqlA, RNm, Fdxu, EcZguQ, RUm, Xle, MoMoYV, kQfufc, KtWl, UZmyB, RPb, rsVira, mcm, nIOEw, sCYvky, BLGC, vBvbd, njVs, Xfs, cViI, QuGsf, FZaBfx, AeRQaq, ikm, AGAULl, WvGYKc, CmaUa, qFs, IjpiTB, lmSD, tcnXE, crfC, RZBkUY, xyM, SBcKdq, HvWPSD, kCHYt, UbnIUq, Haa, RdUcXA, eOvty, Ktu, mGt, bNMVq, jyTjo, iTMIma, prb, NNz, mJlBm, IWek, CrQPcv, Tyk, yXAyj, ipJ, PNV, xkv, BRjjGB, YEA, QEOY, EtyMxa, FylrYj, nYzzK, Kem, DRE, kVtl, PEl, dDguAU, uFzUT, uhJ, uomk, eUpziv, ZwAt, LapE, Khm,