Bank of America® Customized Cash Rewards Credit Card
vs. BankAmericard® Credit Card

Shield Insurance

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The Bank of America® Customized Cash Rewards Credit Card and the BankAmericard® Credit Card offer introductory 0% APRs and no annual fee. The BofA Customized Cash is better for earning cash back, with a $200 bonus and up to 3% in a chosen category.

The BankAmericard is more suitable for those seeking a longer break from interest charges. It offers 0% intro APR for 18 billing cycles on purchases and balance transfers.

Credit Card logo for Bank of America® Customized Cash Rewards Credit Card
Bank of America® Customized Cash Rewards Credit Card
Credit Card logo for BankAmericard® Credit Card
BankAmericard® Credit Card
MoneyGeek Rating
4.0/ of 5
MoneyGeek Rating
4.4/ of 5
On Issuer's Site
On Issuer's Site

Which Card Is Better for You?

You might prefer the BofA Customized Cash if you want to earn cash back in your selected category and a sign-up bonus. It's ideal for regular spenders who pay off balances monthly.

You might prefer the BankAmericard if you need to consolidate debt with a balance transfer. Its longer 0% APR period on purchases and balance transfers helps manage your finances effectively.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards and other features will help you find the right card. The BofA Customized Cash is an excellent choice for earning cash back. If you need a longer 0% intro APR for balance transfers, the BankAmericard might be better.

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    Regular APR: BankAmericard

    The BankAmericard offers a lower regular APR range of 16.24%–26.24% than BofA Customized Cash's 18.24%–28.24%.

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    Annual Fee: Tie

    The BofA Customized Cash and the BankAmericard offer no annual fee, helping cardholders avoid extra costs.

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    Introductory 0% APRs: BankAmericard

    The BankAmericard offers a longer 0% intro APR, with 18 billing cycles for purchases and balance transfers, compared to BofA Customized Cash's 15 billing cycles. Both cards have a 3% balance transfer fee.

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    Rewards: BofA Customized Cash

    The BofA Customized Cash offers 3% cash back on a category of choice, 2% at grocery stores and wholesale clubs and 1% on all other purchases. The BankAmericard doesn't offer rewards.

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    Welcome Offers: BofA Customized Cash

    The BofA Customized Cash gives new cardholders $200 online cash rewards after they spend $1,000 in the first 90 days. The BankAmericard has no welcome offer.

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    Recommended Credit Score: Tie

    The BofA Customized Cash and the BankAmericard require a good to excellent credit score of 670–850.

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    Penalties and Fees: BankAmericard

    The BankAmericard doesn't impose a penalty APR compared to the BofA Customized Cash, which has up to 29.99% APR. Both cards charge up to $40 for late fees and a 3% foreign transaction fee.

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    Issuer Satisfaction: Tie

    Since both cards come from Bank of America, they have the same issuer satisfaction rating of 4.5.

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    Other Features and Perks: Tie

    The BofA Customized Cash lets Preferred Rewards® members earn 25% to 75% more cash back on every purchase. The BankAmericard provides free FICO® Score access.

Methodology

MoneyGeek evaluates credit cards like the BofA Customized Cash and the BankAmericard based on performance in various use cases. This approach helps ensure the score reflects where the card offers the most value.

We consider factors like balance transfer offers, regular APR, issuer satisfaction and penalties. To better understand our scoring process, you can review our ranking methodology.

FAQ: BofA Customized Cash vs. BankAmericard Card

What are the main differences in rewards between the BofA Customized Cash and the BankAmericard?
Which card offers a longer introductory APR period?
Do these cards have annual fees?
Does the BofA Customized Cash have a sign-up bonus?
What are the balance transfer fees for each card?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
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