Bank of America Unlimited Cash Rewards
By Alex Compton · Last verified
1.5% that grows to 2.25% or more with BofA Rewards.
Welcome Bonus
$250
≈$250 value
Spend Requirement
$1,000
in 3 months
Annual Fee
$0
3% FTF
Credit Score
670+
(Good)
Current offer note: $250 online cash rewards bonus, raised from $200
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Apply now or wait?
Apply nowThis is the best public offer this card has ever had. In 4 tracked offers going back to 2021, nothing has beaten $250.
Current offer
$250
All-time high
$250
Typical offer
$200
In place since
August 2026
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-08 | $250 | $1,000 in 3 mo | Bonus increased: $200 → $250Raised to a $250 bonus | Archive record · no attached snapshot |
| 2026-06 | $200 | $1,000 in 3 mo | Terms reconfirmed | Archive record · no attached snapshot |
| 2024-01 | $200 | $1,000 in 3 mo | Terms reconfirmed | Archive record · no attached snapshot |
| 2021-07 | $200 | $1,000 in 3 mo | Earliest recordLaunch | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledger- confirmed
$250 welcome bonus and Preferred Honors tiers unchanged
Bank of America Unlimited Cash Rewards product page →
Source checked 2026-10-19 · spot an outdated offer? Report a correction above.
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Earning Rates
- 1.5xAll purchases
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦BofA Rewards boosts cash back 50% at $100k in balances and 75% at $1 million
- ✦No caps, no categories, no activation
Why it earns its spot
- +2.25% flat at the $100k Preferred Honors tier beats every 2% card
- +Zero maintenance
Where it costs you
- −Plain 1.5% without BofA Rewards trails 2% cards
- −3% FTF
The Compound Verdict
This card exists for one customer: the BofA Rewards member with $100k or more at BofA and Merrill. For them, 2.25% on everything (2.62% at the $1 million Premier tier) is hard to beat. For everyone else, a 2% card wins, though the $250 welcome bonus, confirmed still live as of October 2026, sweetens the on-ramp either way.
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