Bank of America Unlimited Cash Rewards
Visa cash back card with no annual fee. Earns 1.5% on everything else.
Terms read from Bank of America's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- Not stated
- Purchase APR
- 17.74% to 27.74%
- Intro APR on purchases
- 15 months
- Intro APR on balance transfers
- 15 months, 3% fee
Rewards
- 1.5% on everything else
Earns cash back.
Not confirmed
- Foreign transaction fee isn't on the card page.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $427 | $177 | $782 | Month 1 |
| Family | $853 | $603 | $2,059 | Month 1 |
| Frequent traveller | $948 | $698 | $2,345 | Month 1 |
Frequently asked questions
Is the Bank of America Unlimited Cash Rewards worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $853 in year 1 and $603 a year after that, after no annual fee. It pays for its fee by month 1.
What is the Bank of America Unlimited Cash Rewards welcome bonus?
$250 after $1,000 in purchases in the first 90 days.
Does the Bank of America Unlimited Cash Rewards charge foreign transaction fees?
The issuer's page doesn't state its foreign transaction fee, so check the full terms before travelling.
What isn't counted in its value?
The intro rate applies to balance transfers made within 60 days. The transfer fee is 3% for 60 days, then 5%.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.