Bank of America student credit cards: Which one is right for you?

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Compare Bank of America student credit cards

The Bank of America® Cash Rewards credit card for students The Bank of America® Travel Rewards credit card for students BankAmericard® credit card for students
Highest base rewards rate 3% cash back 1.5 points for every $1 spent on purchases None
Rewards categories Complex to manage Easy to understand None
Annual fee None None None
Intro APR for purchases and balance transfers OK OK Good
Sign-up bonus $200 cash rewards bonus after spending $1,000 in purchases within the first 90 days of account opening 25,000 points (redeemable as a $250 statement credit or travel) for spending $1,000 in purchases in the first 90 days of account opening None
Foreign transaction fees 3% None 3%

What you need to know about each card

Bank of America offers three student-focused credit cards for you to choose from. Each card has benefits that could help you in different ways depending on your current needs and circumstances. Here’s what you need to know about each card before choosing the right one for you.

The Bank of America® Cash Rewards credit card for students 

If you’re looking to earn cash back, the Bank of America® Cash Rewards credit card for students could be a good choice. This card gives you the flexibility to choose your top cash back earning category at a rate of 3% cash back. You can choose from the following categories:

  • Gas
  • Online shopping
  • Dining
  • Travel
  • Drugstores
  • Home improvement stores

You can also earn 2% cash back at grocery stores and wholesale clubs and 1% cash back on all other purchases. Unfortunately, your cash back for the 3% and 2% bonus categories is limited to the first $2,500 in combined purchases each quarter. After that, you’ll earn 1% cash back on the rest of your purchases in those bonus categories.

Other helpful features of the Bank of America® Cash Rewards credit card for students include …Read More>>

Source:- creditkarma