Key takeout
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Bank of America® Unlimited Cash Rewards Credit Card offers cardholders many unique perks, including an unlimited 1.5% cashback on all purchases.
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Bank of America® Customized Cash Rewards Credit Card is another cashback card option.
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While these cards have some similarities, it is important to compare rewards, bonuses, perks, and more to understand which options are best for your spending habits and goals.
2021, Bank of America We introduced the Bank of America® Relimited Cash Rewards credit card and offered unlimited 1.5% cashback on all purchases. But how does this card compare to another bank cashback card: The Bank of America® Customized Cash Rewards Credit Card?
The better cards for you will depend on your spending habits and how much you want to be involved in getting rewards. Read on to learn how unlimited cash compares to customized cash in terms of rewards, bonuses, perks and more.
Main details
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card |
Bank of America Unlimited Cash RewardsCredit Card |
Bank of America Customized Cash Rewards Credit Card |
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Welcome bonus |
$200 online cash rewards after spending $1,000 within the first 90 days of account opening |
$200 online cash rewards after spending $1,000 within the first 90 days of account opening |
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Remuneration rate |
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Intro April |
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Annual fees |
$0 |
$0 |
Bank of America Unlimited Cash vs. Bank of America Customized Cash Highlights
Both Bank of America Unlimited Cash Reward and Bank of America Customized Cash Rewards The card does not have the same welcome bonus, intro APR offers or annual fees. Despite so many similarities, their reward rates stand out from each other. Let’s take a closer look at these two Cashback Card Stack it up.
Which cards make the most money?
The amount of Cashback Earning from either a customized Cash Rewards card or an unlimited Cash Rewards card depends on how you use each card. Here are some examples of cards that may earn you more cards with cashback rewards.
Bank of America Unlimited Cash vs. Bank of America Examples of customized cash expenditures
Let’s say you eat out frequently. So, choose Meal as the 3% reward category for your customized cash card. For a quarter, spend $1,500 at restaurants and $1,000 at grocery stores, making the most of the 3% and 2% reward categories. Restaurant spending will earn $45 cashback and grocery spending will earn $20, totaling $65 cashback.
Let’s say you use customized cash and spend $1,500 on other purchases during that quarter. This will give you a 1% cashback or a $15 reward. This will bring your total cashback to $80 for $4,000 spending.
In comparison, let’s assume you are spending the exact same amount using unlimited cash. This card earns a flat rate of 1.5%, so after spending $4,000, you can win $60. In this scenario, customized cash is a clear winner.
| category | Quarterly Category Expenses | Bank of America Customized Cash Rewards Cashback | Bank of America Unlimited Cash Rewards Cash Back |
|---|---|---|---|
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dining |
$1,500 |
$45 |
$22.50 |
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Grocery store purchase |
$1,000 |
$20 |
$15 |
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others |
$1,500 |
$15 |
$22.50 |
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total |
$4,000 |
$80 |
$60 |
So let’s assume you’re charging an additional $6,000 other fee for the same quarter. The chart looks like this:
| category | Quarterly Category Expenses | Bank of America Customized Cash Rewards Cashback | Bank of America Unlimited Cash Rewards Cash Back |
|---|---|---|---|
|
dining |
$1,500 |
$45 |
$22.5 |
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Grocery store purchase |
$1,000 |
$20 |
$15 |
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others |
$7,500 |
$75 |
$112.5 |
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total |
$10,000 |
$140 |
$150 |
In this example, customized cash earns only 1% on additional purchases. This will earn you an additional $60 cashback with a total of $140 cashback in the quarter. Note that quarterly caps apply beginning Total spending in the bonus category $2,500. If you plan to spend more than $2,500 a month by combining 3% and 2% categories, using the 3% category will earn you more rewards. beginningso you can earn more cashback on your purchases before reaching the bonus limit.
Meanwhile, unlimited cash cards continue to earn 1.5% on all purchases. The result is $90 cashback, totaling $150 per quarter. So, in the second scenario, unlimited cash will earn you more. Which cards are right for you can depend on how much you tend to spend per quarter.
Why do you need to get unlimited American cash?
Unlike customized cash cards, unlimited cash cards do not limit the amount of cashback you can earn on a particular spend, so you don’t have to worry about switching to a more rewarding card after hitting a specific spending threshold. There are several other reasons to get this card.
Why do you need to get customized American cash?
The flexibility of this card’s cashback program is It’s hard to beat. Many competitor cards offer high cashback rates for one or two pre-selected bonus categories. This may not be useful if you don’t make these types of purchases. With a customized Cash Rewards card, you can not only select 3% categories, but also change once a month. Other reasons to choose this card are:
Conclusion
Bank of America Unlimited Cash is as simple as you get for reward cards, but that flat rate won’t allow you to earn additional rewards in the bonus category. Bank of America’s customized cash is more rewarding, but there are limits to rewards in the bonus category. The better option for you will depend on your spending habits and needs. You can also use these cards together, especially as there is no annual fee.
In that case, Use customized cash About the 3% category that spends the most in grocery stores and wholesale clubs. after that, Use unlimited cash Purchases of all other types and category purchases after reaching the $2,500 quarterly limit.
Bank of America content for this post was last updated on May 28, 2025.