Unlimited Cash Rewards
Bank of AmericaNo annual feeVisa Signature3% foreign transaction feeIssuer's page
A fair time to apply if the card fits how you spend.
Already have it? Keep it.
Welcome bonus
$250
after $1,000 in purchases in the first 3 months
2/3/4 Rule, 3/12 Rule and 2 more. Am I eligible?
A typical spender, at Miles' point values.
| First-year value | Amount |
|---|---|
| Welcome bonus$250 cash | $250 |
| Rewards above a 2% no-fee cardvs Double Cash, on $32,500 typical spend | $0 |
| Annual fee | $0 |
| Meeting the $1,000 minimumearns 1.5% here vs 2% on Double Cash | −$5 |
| First year | $245 |
| Each year after | +$70 |
Not counted in the first year: protections (each year after counts them).
Earning
| Rate | Category | Return |
|---|---|---|
| 1.5% | Everything else | 1.5% |
Personal card · Earns Cash Back
Benefits
Protections (2)
- Purchase Protection, up to $500, Covers damage or theft of eligible purchases for up to 90 days after purchase date, up to $500 per item and $50,000 per year
- Extended Warranty, up to $10,000, Extends manufacturer's warranty up to 1 additional year on eligible items with warranties of 3 years or less, up to $10,000 per claim and $50,000 annually
Other Perks
- Up to 75% bonus rewards earning for Preferred Rewards members
Sources and methodology
First-year value is Miles' estimate for a typical spender: the welcome bonus at Miles' point values, plus the rewards this card earns above the best no-annual-fee card's everyday rate on a typical year of spending, plus credits at the share a typical holder uses rather than their face value, plus any certificate or free night earned in that year, minus the first-year fee and the cost of putting the minimum spend on this card instead of that one.
Lounge access, elite status, other benefits, purchase and travel protections, and a certificate or free night that arrives on the card's anniversary are listed beside the first-year figure, not in it. Each year after counts them, with the rewards and credits, less the annual fee. A credit or benefit that needs a spend or a stay counts only where its condition is printed beside it, and credits gated on spend most people never reach are left out.
The fee, offer, earning rates, credits and protections come from the card's record in the Miles dataset, kept against the issuer's own terms. The verdict line is chosen from a fixed set of sentences by Miles' analysis of the offer and the card; nothing on this page is written by hand for one card.
Recent changes
- changed from null to BofA Unlimited CashOct 8, 2026
- changed from $200 cash rewards bonus after $1K spend in the first 90 days + unlimited 2% cashback for first year to Limited Time Offer! $250 online cash rewards bonus after you make at least $1K in purchases in the first 90 days of account openingAug 15, 2026
- changed from null to 1000Aug 13, 2026
- changed from null to 90Aug 13, 2026