Looking for a credit card with a generous welcome bonus, no annual fee, and cashback rewards? Here is our Bank of America® Customized Cash Rewards for Students review.

This card is best for frequent travelers who value premium rewards and benefits, and are willing to pay an annual fee. Read on and learn about the ins and outs of this card to decide whether it is for you.

The Bank of America Customized Cash Rewards for Students credit card is a solid choice for students looking to build credit and earn cash back rewards. 

With no annual fee, the card offers a welcome bonus of $200 cash rewards after spending $1,000 within the first 90 days of opening the account. 

The card also earns 3% cash back in a category of the cardholder’s choice and 2% at grocery stores and wholesale clubs.

Further, bonus earning is limited to the first $2,500 in combined spending each quarter. The card also earns unlimited 1% cash back on all other purchases. 

Also, the 3% category options include gas, online shopping, dining, travel, drug stores, and home improvement/furnishings. 

Bank of America® Customized Cash Rewards for Students also offers a 0% introductory APR for 18 billing cycles on purchases and balance transfers, but a 3% fee applies to all balance transfers.

The card also offers a FICO score for free within Online Banking or the Mobile Banking app. When handled responsibly, the card can help build a credit history, which could be helpful when looking for an apartment, a car loan, and even a job. 

However, it has a high penalty APR and late fee and a high to very high standard APR, depending on the credit score. 

Additionally, the card charges a 3% foreign transaction fee, so it is not a good option for international purchases.

So, to wrap up our Bank of America® Customized Cash Rewards for Students review, let’s have a look at this card’s benefits and disadvantages.

Yes, the Bank of America® Customized Cash Rewards for Students requires applicants to have a Good to Excellent credit score in order to be eligible.

Applying for the Bank of America® Customized Cash Rewards for Students has never been easier. Our guide simplifies the process. Click the link below and learn all about it.