Bank of America® Customized Cash Rewards for Students
📍 Available in: US
★★★★★ 4.7 / 5.0
The Bank of America Customized Cash Rewards for Students gives students the freedom to select their top 3% cash back category every calendar month — including online shopping, dining, gas/EV charging, or travel. Students also earn 2% at grocery stores and wholesale clubs, making it exceptionally versatile.
Key Facts at a Glance
| Cost / Fee Structure | $0 |
| APR / Rate | 18.24% - 28.24% Variable |
| Sign-Up Bonus / Match | $200 Cash Rewards Bonus |
| Credit / Eligibility | Fair to Good (620+) |
Pros & Cons
✓ Pros
- ✓Online shopping is an available 3% category — rare across student cards
- ✓Generous $200 bonus compared to typical student offers
- ✓15 months of 0% intro APR helps spread out textbook and moving costs
✕ Cons
- ✕3% and 2% earn rates capped at $2,500 in combined quarterly spend
- ✕Charges 3% foreign transaction fees
Key Features
Custom 3% Cash Back in a Category of Your Choice2% at Grocery Stores and Wholesale Clubs (Costco, Sam’s Club)0% Intro APR for 15 Billing CyclesGenerous $200 Student Sign-Up BonusMobile banking with Erica® virtual assistant