Blue Cash Preferred vs Bank of America Cash Rewards
Blue Cash Preferred is an excellent cash back credit card for families. How does it compare to Bank of America Cash Rewards, a cash back card? Read our comparison chart below.
Keep in mind, the Blue Cash Preferred has a $0 intro annual fee for the first year, then $95, while the Bank of America Cash Rewards has a
Blue Cash Preferred® Card from American Express | Bank of America® Customized Cash Rewards credit card | |
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Credit Card Interest Rates & Fees | ||
Introductory APR for Purchases | 0% introductory APR on purchases for 12 months | 0% Introductory APR on purchases for 15 billing cycles |
Introductory APR for Balance Transfers | 0% introductory APR on balance transfers for 12 months | 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days |
Purchase APR | 18.24% to 29.24% Variable based on your creditworthiness and other factors | 18.24% to 28.24% Variable APR on purchases based on your creditworthiness and other factors |
Balance Transfers APR | 18.24% to 29.24% Variable based on your creditworthiness and other factors | 18.24% to 28.24% Variable APR on balance transfers based on your creditworthiness and other factors |
Annual Fee | $0 intro annual fee for the first year, then $95 | |
Credit Card Rewards & Benefits | ||
Introductory Bonus Cash Back | Earn a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months. | $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening |
Cash Back Rewards | 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back at U.S. gas stations. 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more). 1% Cash Back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | Earn 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and 1% cash back on all other purchases |
Gas Rewards | 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | |
Grocery Rewards | 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | Earn 2% cash back at grocery stores (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) |
CreditDonkey® Credit Card Reviews | ||
Pros & Cons | Pros:
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Bottom Line | Excellent cash back credit card for families... | |
Read Blue Cash Preferred Review | ||
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details. Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Disclaimer: The information for the Blue Cash Preferred® Card from American Express and Bank of America® Customized Cash Rewards credit card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer. Blue Cash Preferred: Pricing information including interest rates, benefits and fees was obtained on December 19, 2024 from published websites and is believed to be accurate, but not guaranteed. Bank of America Cash Rewards: Pricing information including interest rates, rewards, benefits and fees was obtained on August 1, 2023 from published websites and is believed to be accurate, but not guaranteed. |
Still need help deciding which cash back credit card is better? Read the in-depth reviews below. You may also be interested in comparing Blue Cash Preferred or Chase Freedom Unlimited.
Articles on Blue Cash Preferred® Card from American Express
Blue Cash Preferred
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