Compare it to the Bank of America® Customized Cash Rewards Credit Card for Students
If you want the opportunity to earn an influx of cash back in a short amount of time, as well as have more control over which purchases earn an elevated rewards rate, the Bank of America® Customized Cash Rewards Credit Card for Students is a good option.
The $0 annual fee card offers a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Plus, cardholders earn 3% cash back in the category of your choice - now with expanded categories, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases. Choice categories include gas, online shopping, dining, travel, drugstores and home improvement/furnishing.
Cash rewards can be redeemed for statement credit, deposited directly into a Bank of America® checking or savings account, or for credit to an eligible account with Merrill Lynch® or Merrill Edge®. Rewards can also be redeemed for a contribution to a qualifying 529 account with Merrill or for a check.
Additionally, if you need to finance a large purchase, such as school books or a laptop, you can do so without paying interest for a year with the Bank of America® Customized Cash Rewards Credit Card for Students. On purchases, the card offers a 0% Intro APR for 15 billing cycles for purchases After that, a regular APR of 18.24% - 28.24% Variable APR variable applies.