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 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening.
Plus, cardholders earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishing. 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% Introductory APR for the first 18 Statement Closing Dates following the opening of your account. After that, a regular APR of 16.24% - 26.24% variable variable applies.