Bank of America® Customized Cash Rewards Credit Card for Students

College is all about learning — and that includes learning how to manage your money. The Bank of America® Customized Cash Rewards Credit Card for Students doesn’t just help you earn rewards on your spending; it helps you build lifelong credit habits from the ground up.

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Bank of America® Customized Cash Rewards Credit Card for Students Credit Card

Key Highlights

  • $0 annual fee
  • $200 online cash rewards bonus after spending $1,000 in first 90 days
  • 3% cash back in a category you choose (with option to change monthly)
  • 2% cash back at grocery stores and wholesale clubs
  • 1% cash back on all other purchases
  • Designed for students with limited credit history
Customize Your Cashback

You get to choose your 3% category — and you can change it monthly!

Options include: Online shopping, Dining, Travel, Drug stores, Gas, Home improvement/furnishings.

Pro Tip: If your spending habits change during the semester, just switch your 3% category to match.

$200 Welcome Bonus

Spend just $1,000 in your first 90 days and get a $200 cash rewards bonus — that’s like being paid to use your card responsibly.

Perfect for Daily College Spending

With 2% back at grocery stores and wholesale clubs, you’re rewarded for stocking up on dorm essentials, snacks, and meal prep supplies.

The 1% flat rate covers everything else — from textbooks to rideshare apps.

No Annual Fee

Budget-friendly? Check. You won’t pay anything to keep this card open, which is especially helpful when you’re juggling tuition, books, and bills.

Build Credit While in School

Even if you're starting from scratch, this card helps you establish credit. Just use it wisely and pay on time — Bank of America reports to all three major credit bureaus.

Redeeming Your Rewards
  • Statement credit
  • Transfer to a Bank of America checking or savings account
  • Contribute to a Merrill investment account

If you’re already a BofA customer, redemption is fast, seamless, and even more rewarding.

Foreign Transaction Fees

This card does charge foreign transaction fees, so it’s not ideal for international travel. Keep that in mind if you're planning a semester abroad.

Online & Mobile Banking Perks
  • Real-time alerts
  • Digital wallet compatibility (Apple Pay, Google Pay)
  • Free FICO® Score access
  • Tools to track spending and set budget goals
Safety First
  • $0 fraud liability
  • Virtual card numbers for online purchases
  • Instant card lock/unlock through the app
Best For Students Who:
  • Have a Bank of America account or plan to open one
  • Want the flexibility to adjust their 3% reward category
  • Are looking for a solid intro bonus with everyday cash-back value
  • Need to build credit history responsibly
Final Thoughts: Is It Worth It?

The Bank of America® Customized Cash Rewards Student Card is ideal for students who want choice, control, and cash back — without the burden of annual fees.

It’s a strong stepping stone to a solid credit score, with the added benefit of real cash in your pocket.

Whether you’re grocery shopping, streaming, or spending on school supplies, this card rewards your real life.

Ready to Elevate Your Spending?

Apply Now

You'll be redirected to the official application page.