Customized Cash Rewards: Let Your Spending Pay You Back

Want your everyday purchases to give you more? See every perk the Customized Cash Rewards card offers, from a welcome bonus to rewards you can redeem your way.

Think about where your money went last month. Maybe it was the gas pump, a few dinners out, or that new shelf for the living room. Now picture each of those purchases sending a little money back to you.

That's the idea behind the Customized Cash Rewards card from Bank of America. You decide which type of spending earns the most, and you can change that choice as your life changes. Here's what that can mean for you:

• Rewards shaped around your habits, chosen by you
• Up to 6% cash back in your favorite category during the first year
• More room in your budget for savings, bills, or small treats

So, how does a card turn ordinary spending into real value? Let's take a closer look.

Main Benefits

• Extra cash for groceries: 2% cash back at grocery stores and wholesale clubs helps stretch the family food budget.
• Breathing room for big purchases: A 0% intro APR lets you spread out the cost of a new appliance or furniture.
• A head start on rewards: A $200 online bonus.
• Nothing to pay just to hold it: No annual fee, so your cash back stays in your pocket.

Could the Customized Cash Rewards card be your next addition to your wallet? Check the requirements and find out where you stand in just a few minutes.

What is the Customized Cash Rewards Card?

The Customized Cash Rewards card is a cash back credit card issued by Bank of America, one of the largest banks in the country. With millions of customers and a wide network of financial centers, the bank offers support both online and in person.

The card's main idea is simple: you pick a choice category for your highest cash back rate. Options include gas and EV charging, online shopping, dining, travel, drug stores and pharmacies, and home improvement and furnishings.

In practice, this means your rewards can match the way you live today. A family that cooks at home, a commuter who fills the tank every week, and someone who loves to travel can all shape the same card around very different routines.

On top of that, cardholders manage everything through Bank of America's Online Banking and Mobile Banking app. From there, you can track your rewards, pay your bill, and adjust your category, which keeps your finances organized in one place.

How Your Cash Back Follows Your Routine

One of the most practical features of the Customized Cash Rewards card is that you can change your choice category once per calendar month. As a result, your rewards can keep up with the different seasons of your year.

For example, imagine a summer full of road trips. By setting gas and EV charging stations as your category, every fill-up or charge along the way earns the higher rate.

Later, when it's time to repaint the bedroom or replace an old couch, you can switch to home improvement and furnishings. Then, as the holidays approach and gifts start arriving at your door, online shopping can take its place.

Meanwhile, purchases at grocery stores and wholesale clubs keep earning cash back automatically, with no setup needed. Keep in mind that the higher rates apply to the first $2,500 in combined purchases each quarter across these categories, then everything earns 1%.

The change only takes a few taps in the Mobile Banking app. And if your routine stays the same, your category simply stays the same too.

Ways to Use Your Cash Back

Earning rewards is only half of the picture, since how you use them can make a real difference in your finances. With this card, you can redeem any amount, at any time, and your rewards don't expire while your account is open.

Here are some of the options available:

• Statement credit to lower your next credit card bill
• Direct deposit into an eligible Bank of America checking or savings account
• Contribution to a qualifying 529 plan with Merrill, starting at $25, to support a child's education
• Payment at checkout on Amazon.com or with PayPal

For a hands-off approach, you can also set up automatic redemptions of $25 or more into an eligible Bank of America or Merrill account, which turns your cash back into steady savings.

Security and Everyday Convenience

Beyond rewards, the Customized Cash Rewards card includes tools that protect your money and simplify daily life. To begin with, Bank of America monitors for unusual activity and offers a $0 Liability Guarantee for fraudulent transactions.

In addition, you can add the card to Apple Pay, Google Pay, or Samsung Pay and pay with your phone in stores and apps. Customizable email and text alerts also remind you when payments are due, which helps you stay on schedule.

Finally, the optional Balance Connect for overdraft protection links the card to an eligible Bank of America checking account to help prevent declined purchases. There are no transfer fees, although cash advance interest and other fees may apply to these transfers.

Still deciding if this card fits your routine? Get the full picture of the rates, fees, and rewards in our complete review of the Customized Cash Rewards card.