Discover it® Chrome
vs. Bank of America® Customized Cash Rewards Credit Card

When considering the Discover it Chrome and the Bank of America Customized Cash Rewards Credit Card, both offer enticing rewards and introductory APRs, which is why you're likely weighing these options. The BofA Customized Cas hedges ahead with its higher cash back in customizable categories, making it a good choice for those who value flexibility in rewards.

However, Discover it Chrome also has valuable features. The Discover it Chrome offers an introductory 0% on purchases and balance transfers, which can be helpful for managing debt. While both cards cater to the same credit score range, your decision may hinge on whether you prioritize cash back or balance transfer benefits.

You might prefer the Discover it Chrome if you frequently dine out or fill up at gas stations, as it offers 2% cash back in these categories. Additionally, if you travel internationally, you'll benefit from no foreign transaction fees. The first-year cashback match can also boost your rewards if you're a heavy spender in your first year with the card.

You might prefer the BofA Customized Cash if you're looking for flexibility in earning high cash back in categories that you choose, such as online shopping or home improvements. The longer 0% APR introductory offer on purchases can help with upfront costs, and if you're a Bank of America Preferred Rewards member, you can earn even higher cash back rates.

Evaluating APRs, fees, credit requirements, rewards and other features side by side clarifies which card matches your financial habits. For instance, if you frequently dine out or purchase gas, Discover it Chrome's rewards structure may be advantageous. Bofa Customized Cash could be more beneficial if you prefer choosing your high-yield cash back categories.

The BofA Customized Cash card edges out with a higher expected reward value and a flexible rewards program. Its standout feature is the 3% cash back in a category of your choice, which can align with your top spending areas.

While the Discover it Chrome offers a solid 2% cash back at gas stations and restaurants, it doesn't match the potential of BofA's customizable category. For cardholders who frequently spend on gas and dining, the Discover it Chrome maintains a competitive edge with its bonus categories.

However, the BofA Customized Cash card allows you to tailor your 3% cash back to one of the following categories: gas — now including electric vehicle charging stations; online shopping — now including cable, streaming, internet and phone services, dining, travel, drug stores or home improvements and furnishings. BofA Customized Cash also offers 2% at grocery stores or wholesale clubs (up to $2,500 quarterly).

Following this section, you'll find a table detailing the bonus categories for each card.

The Bofa Customized Cash allows redemption for cash as a deposit or statement credit, among other options, with the assurance that cash back doesn't expire as long as the account is open. Discover it Chrome offers redemption for cash back as gift cards, donations, or even direct Amazon payments, with the added benefit that rewards never expire. Both cards provide a range of choices to suit different preferences without the pressure of an expiration deadline.

MoneyGeek's ranking process analyzes credit cards like Discover it Chrome and BofA Customized Cash, assigning scores based on the highest-scoring category for each card. For Discover it Chrome, the focus is on balance transfers, while Bofa Customized Cash is assessed for its cash back potential.

The factors influencing these scores include the introductory APR on purchases and the regular APR for balance transfers, and the effective reward rate and introductory APR for cash back.