Earn 1% cash back on every purchase, 2% cash back on groceries and 3% cash back on gas. Quarterly maximum applies to bonus rewards on grocery and gas purchases. Get a 10% customer bonus when you redeem into a Bank of America® checking or savings account. Cash back can be deposited into any checking or savings account, credited to your statement or sent directly to you.
0% Introductory APR for your first 12 statement closing dates applies only for balance transfers made within 60 days of opening your account. Cash Advance APRs: 20.99% APR for Direct Deposit and Check Cash Advances, and 24.99% APR for Bank Cash Advances. Penalty APR: Up to 29.99%, based on your creditworthiness. The Penalty APR will not exceed 29.99% on new transactions. There is no Penalty APR on existing balances.Cash rewards shall be issued for a U.S. dollar sum in the form of a statement credit, a check, an electronic deposit to a checking or savings account of your choice, a payment towards a mortgage loan with Bank of America (excluding reverse mortgages) or a third party mortgage lender, or a charitable contribution. Receipt of a statement credit does not affect your responsibility to pay your minimum monthly payment. Cash rewards checks expire 90 days after date of issue. Cash rewards redeemed into a Bank of America checking or savings account will be 10% greater than the other types of cash rewards ($25 in cash rewards = $27.50 deposit). Cash rewards redeemed towards your mortgage will be applied in accordance with the terms of your mortgage loan, and may be rejected in the event your mortgage loan is not being paid as agreed.