Chase Freedom vs Bank of America Cash Rewards
Chase Freedom is an excellent cash back credit card for cardholders who pay in full. How does it compare to Bank of America Cash Rewards, a cash back credit card? Read our comparison chart below.
Chase Freedom | Bank of America® Cash Rewards credit card | |
|---|---|---|
Credit Card Interest Rates & Fees | ||
| Introductory APR for Purchases | 0% introductory APR for 15 months | 0% Introductory APR on purchases for 15 billing cycles |
| Introductory APR for Balance Transfers | 0% introductory APR for 15 months | 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days |
| Purchase APR | 14.99% to 23.74% Variable based on your creditworthiness and other factors | 13.99% to 23.99% Variable APR on purchases based on your creditworthiness and other factors |
| Balance Transfers APR | 14.99% to 23.74% Variable based on your creditworthiness and other factors | 13.99% to 23.99% Variable APR on balance transfers based on your creditworthiness and other factors |
| Annual Fee | ||
Credit Card Rewards & Benefits | ||
| Introductory Bonus Cash Back | Earn a $150 bonus after spending $500 on purchases in your first 3 months from account opening. | $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 | Unlimited 1% cash back on all other purchases. | Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases |
| Bonus Cash Back | Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases. Bonus Categories for 2019: October - December 2019: Department Stores, PayPal and Chase Pay Bonus Categories for 2020: January - March 2020: Gas Stations, Select Streaming Services, and Internet, Cable & Phone Services April - June 2020: Grocery Stores (not including Target or Walmart purchases), Fitness Clubs, Gym Memberships and Select Streaming Services July - September 2020: Amazon.com and Whole Foods Market | |
| Grocery Rewards | Earn 2% 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 cardholders who pay in full... | |
| Read Chase Freedom 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 Chase Freedom and Bank of America® 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. Chase Freedom: Pricing information including interest rates, benefits and fees was obtained on November 25, 2019 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 April 9, 2020 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 Chase Freedom or Chase Freedom Unlimited.
Articles on Chase Freedom
Chase Freedom Review
Chase Freedom Credit Score
Chase Freedom Rewards
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