That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. Newly expanded categories based on Bank of America customer feedback! 3% cash back on Gas (to now include Electric Vehicle Charging (EVC) Stations) and Online Shopping (to now include Cable, Streaming, Internet and Phone Services). $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.Įarn 3% cash back in the category of your choice - now with expanded categories, automatic 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.