Applying for the Bank of America Unlimited Cash Rewards Credit Card is a relatively simple process, especially for those who already have an active relationship with Bank of America. Below is a step-by-step guide on how to apply, who the card is best suited for, and how to cancel it if it no longer fits your needs.
Step-by-step application process
- Visit the official Bank of America website
Go to the credit cards section and select the Unlimited Cash Rewards Credit Card. Before applying, review the current terms, as the welcome bonus may change. - Sign in or apply as a new customer
- Existing Bank of America customers can sign in to pre-fill much of the application.
- New customers will need to complete the form manually.
- Complete the application
You will be asked to provide:- Personal information (name, address, date of birth).
- Social Security Number or ITIN.
- Employment status and annual income.
- Application review and decision
In many cases, approval is instant. Some applications may require additional review, which can take a few business days. - Receive and activate the card
Once approved, the card typically arrives within 7–10 business days. In some cases, you may be able to add it immediately to a digital wallet for temporary use.
Who is this card recommended for?
This card is not for everyone. It works best for the following profiles:
- Existing Bank of America customers
Cardholders with checking or savings accounts benefit most from the redemption options and seamless banking integration. - People who want simplicity
Ideal for users who prefer a flat 1.5% cash back on all purchases without rotating categories or complex rules. - Those building or rebuilding credit
Approval standards tend to be more accessible compared to premium rewards cards. - Users who spend mostly within the U.S.
Since foreign transaction fees apply, the card is better suited for domestic use.
It is not the best choice for frequent travelers, users seeking transferable rewards, or those looking for the highest flat-rate cash back available.
Tips to get the most out of this card
- Redeem cash back through a Bank of America account to avoid higher minimums and get faster access to your rewards.
- Track your welcome bonus progress in the app to make sure you hit the spending requirement on time.
- Activate BankAmeriDeals regularly, as occasional offers can boost your effective cash back without extra effort.
- Avoid using the card for international purchases due to foreign transaction fees.
- Pair it with a travel card or a 2% flat-rate card to cover categories where this card falls short.
How to cancel the Bank of America Unlimited Cash Rewards
If you decide to close the account, follow these steps to avoid issues:
- Redeem any remaining cash back
Make sure all earned rewards are redeemed before closing the account, as unused cash back may be forfeited. - Pay off the full balance
The account must have a zero balance before it can be closed. - Contact customer service
Call the phone number listed on the back of your card and request account closure. - Confirm account closure
Ask for confirmation and verify in the mobile app or online account that the card is officially closed.
Closing a no-annual-fee card usually has a limited impact on your credit profile, but it can affect your average account age.
Frequently asked questions
Does this card have an annual fee?
No. There is no annual fee.
Does the cash back expire?
Cash back generally does not expire as long as the account remains open and in good standing.
Can I use this card internationally?
Yes, but foreign transaction fees apply, making it a poor choice for international spending.
Do I need a Bank of America account to apply?
No, but having a Bank of America account is strongly recommended for easier redemption.
Final thoughts
The Bank of America Unlimited Cash Rewards Credit Card is a straightforward, no-annual-fee cash-back card designed for users who value simplicity and banking integration. While it is not the most lucrative option on the market, it serves well as an entry-level or everyday card for Bank of America customers.
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