Bank of America · Visa
Bank of America Customized Cash
Flexible Cash Back
No annual fee
Why people consider it
- 3x on your top eligible category.
- 2x on Grocery.
- 2x on Wholesale.
Current welcome offer
Welcome offer: +$200
Requirement: Spend $1,000 in 3 months
Tell us what you normally spend and we’ll check it against this requirement. Find a card →
Current offer shown; issuer determines eligibility.
Recommended credit score: 670+
Advertising disclosure: we may earn a commission if you apply through this link. This does not affect your ranking. Full disclosure
Calculate my rewards → Enter your monthly spending and see exactly how much this card would earn you compared to every other card we track. Already carry it? Add it to My Cards →
Is this card worth it?
Ongoing value
$698/year
for the sample household ($4,800/month) · points at typical value
First-year value
$898 first year
Includes: +$200 welcome offer
$200 is one-time. $698/year is ongoing.
To earn the bonus: spend $1,000 in 3 months.
Offer verified: Nov 4, 2026
Worth considering if you already want this type of card.
- Full annual fee:
- none
- Major trade-offs:
- $2,500 quarterly cap Must change category manually
- Against a no-fee alternative:
- This is a no-fee card — nothing to earn back.
Detailed research
Full reward table and category caps
Category you choose: gas and EV charging, online shopping (incl. cable, internet, phone plans and streaming), dining, travel, drug stores and pharmacies, or home improvement and furnishings
Cap: $10,000/yr
Grocery stores (shares the $2,500/qtr combined cap, then 1x)
Cap: $10,000/yr
Wholesale clubs (shares the $2,500/qtr combined cap, then 1x)
Cap: $10,000/yr
Optional benefits and credits
Perks (not counted in our math)
Link BofA accounts for up to 75% bonus
Approval and bonus eligibility caveats
Recommended credit score: 670+ — the issuer decides every application.
Issuer verification source
Rates and fees may vary.See current rates, fees, and terms on Bank of America's site
Detailed methodology
Net annual value = rewards on a spending profile at typical point value − the full annual fee; credits count only if you tell us you use them; a welcome offer counts once, in year one, only where the profile meets its requirement. Same math as Find a Card. Methodology v2026.09.4.
Editorial review and disclosures
Pros
- + Choose your 3% category
- + Preferred Rewards can boost to 5.25%
- + No annual fee
Cons
- - $2,500 quarterly cap
- - Must change category manually
- - Best value needs BofA relationship
Written by Tim · Data verified against issuer terms · Last checked Nov 4, 2026 · Methodology v2026.09.4
Card information is collected independently and has not been reviewed or provided by the card issuer. Terms apply to the offers listed on this page. See our disclosure for details.