Customized cash rewards – Advantages and how to apply

In addition, receive 2% cashback at wholesale clubs and supermarkets, as well as 1% unlimited cashback on all other purchases.

So go on and find out more about the card’s advantages.

Benefits of the Customized cash rewards credit card

Still on the subject of cashback, here’s how it works:

You get 3% and 2% cash back on the first $2,500 in combined purchases each quarter, depending on the category.

From then on, you receive an unlimited 1% cash back on your purchases.

To change the category for future purchases, go to the Mobile Banking app or Online Banking.

We also can talk about the rewards calculator that is available on the website.

This calculator lets you know how much cashback you will receive depending on your spending.

To do this, click here and put how much you spend in 3 months or 1 year.

There are 3 different categories for you spend with Customized cash rewards:

First, there’s the 3% category, which includes online or travel purchases.

Secondly, enter the amount you spend at wholesale clubs and supermarkets, and on other purchases.

As for redemption, you should know that it can be done in different ways.

For example, you can register the money at any time, for statement credits, credit to a qualified Merrill account or deposits made directly into a Bank of America checking or savings account.

In the case of automatic redemptions to a qualified Merrill or Bank of America account, the minimum amount is $25. 

In the case of statement credits, checks and contributions to a qualified 529 account, it is not possible to enable automatic redemption, so you must do it manually.

Other advantages of Customized cash rewards

More rewards are available through Preferred Rewards, so you earn from 25% to 75% cashback on every purchase.

See the percentage of cash back you can get depending on the category:

In the first category, with cashback of 3%, you have the possibility of earning from 3.75% to 5.25%.

In the wholesale clubs and supermarkets section, where cashback is 2%, you can earn 2.50% – 3.50%.

This applies to the first US$ 2,500 spent on purchases.

Finally, in the case of other purchases with Customized cash rewards, where the cashback is only 1%, it would be 1.25% – 1.75%.

But be aware that the offer is only available on the internet, on this page.

So, if you buy the product on another page, visit a bank financial center or call, unfortunately, you won’t have access to the offer.

On the other hand, it’s worth talking about the bonus offer, where you get $200 after making at least $1,000 in purchases in the first 90 days after opening your account.

There’s also the 0% introductory APR offer for your first 15 billing cycles for purchases and for any balance transfers made within the first 60 days of opening your account.

After this offer ends, a variable APR is applied, currently ranging from 18.24% to 28.24%. 

Also, a 3% fee is applied to all balance transfers.

And of course, you don’t have to pay an annual fee to keep your Customized cash rewards credit card.

Security

First, you are protected because the bank blocks possible fraud if abnormalities are detected.

This way, you get paid if the bank suspects fraudulent activity.

There is also a liability guarantee of $0 for fraudulent transactions. 

So, if someone makes purchases without your authorization through your account, you won’t pay for them.

However, to ensure that you are protected, it is essential not to share your personal or account information with anyone.

Likewise, you must be a customized account and Customized cash rewards’ holder in order to request reimbursement for published and settled transactions, subject to dollar limits and verification.

In other words, it is essential to provide information proving fraudulent use.

Secondly, there is Balance Connect, overdraft protection.

Although it’s an optional service, know that it can help you avoid declined purchases and bounced checks when you link your eligible Bank of America checking account to your credit card.

But although there are no transfer fees, other fees may apply, because remember that this is an additional service.

So be aware that you will accrue interest at the APR indicated in your Customized cash rewards credit card agreement and overdraft transfers incur interest from the date of the transaction.

More information on security

Overdraft transfers may not be available for up to 14 days from account opening.

Also, be aware that if you link your bank deposit account to your credit card for overdraft protection, the bank automatically transfers the funds from your credit card account.

This is done in order to cover overdrafts on your deposit account.

However, it is essential that the amount of credit available for cash in your credit card account is sufficient and that you are in compliance with the contract for the Customized cash rewards card.

Another feature of the bank that guarantees your security is the paperless statement option.

As a result, you receive your credit card statements online, while at the same time reducing paper consumption.

One way you can access your statements is via internet banking or mobile banking.

In this sense, you can make banking transactions anywhere.

For example, you can transfer funds, pay your credit card bill and see your available credit, all from your cell phone.

You can even receive alerts via text message or email regarding due dates and balances.

However, we recommend that you remain vigilant:

Although the bank doesn’t charge for the service, message and data fees may apply from your mobile operator.

Final informations on Customized cash rewards credit card security

Digital wallets (Samsung Pay, Google Pay and Apple Pay) also ensure your security and ease of use.

All you have to do is register your credit card with the digital wallet to make payments using only your cell phone.

Best of all, you only have to register once.

It’s also worth mentioning that when you sign up for a credit card, you can access your FICO score for free.

In case you didn’t know, this is a score for educational purposes and for personal, non-commercial use.

Finally, you have the option of connecting individually with a Customized cash rewards credit card specialist to answer any questions you may have.

Click here to book your appointment.

Rates

With regard to the introductory APR, remember that it is 0% for 15 billing cycles.

This type of rate applies to purchases and any balance transfers made within 60 days of opening your account.

The standard APR, on the other hand, ranges from 18.24% to 28.24% and there is no annual fee.

And the balance transfer fee is 3% on each transaction.

We recommend that you check the Terms and Conditions to understand more about rates, fees and other cost information, as well as an explanation of payment allocation.

Please be aware that the terms and conditions of Customized cash rewards are subject to change, and you should always check the bank’s website.

Finally, understand that for additional payments, higher interest balances are applied first.

Minimum payments, on the other hand, are applied first to balances with lower interest rates. Additional payments are applied first to higher interest balances.

How to apply for the Customized cash rewards credit card

Click on the button above and enter your first name, middle name and last name.

Then add suffixes, home address line 1 and 2, city, state and zip code.

Check if you would like to receive the statement at a different address and add your main telephone number (home or mobile).

Finally, add your email address and proceed with the bank’s assistance to contract Customized cash rewards.

Daniel 6 de September de 2024