Bank of America Customized Cash Rewards
3% in the category you choose, supercharged by Preferred Rewards.
Welcome Bonus
$200
≈$200 value
Spend Requirement
$1,000
in 3 months
Annual Fee
$0
3% FTF
Credit Score
670+
(Good)
Current offer note: $200 online cash rewards bonus
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Last verified 2026-06-09 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 3xChosen category: gas/EV, online shopping, dining, travel, drug stores, or home improvement
- 2xGrocery stores and wholesale clubs
- 1xEverything else
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦Change your 3% category monthly
- ✦Preferred Rewards boosts cash back up to 75%, making 3% into 5.25%
Why it earns its spot
- +5.25% on a chosen category with Platinum Honors is elite
- +Online shopping category covers a huge share of modern spend
Where it costs you
- −$2,500 quarterly cap on bonus earning
- −3% FTF
- −Mediocre without Preferred Rewards
The Compound Verdict
With $100k at BofA or Merrill this quietly becomes the best category card in the country. Without Preferred Rewards it is just fine, and better options exist.
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