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What benefits come with Bank of America® Customized Cash Rewards for Students?

Bank of America® Customized Cash Rewards for Students currently lists $0 Liability Guarantee for Fraudulent Transactions and Cash Rewards Redemption as Statement Credit.

Answer receipt

CheckedJul 21, 2026
GeneratedJul 21, 2026
Sources2
Answer

Bank of America® Customized Cash Rewards for Students currently lists $0 Liability Guarantee for Fraudulent Transactions and Cash Rewards Redemption as Statement Credit. The extracted policy summaries emphasize Cardholders are protected from unauthorized or fraudulent transactions with a $0 liability guarantee. Bank of America monitors for abnormal patterns and alerts customers of suspected fraud. Claims must be reported promptly and can be filed by an account holder or Authorized Users against pending and posted transactions. and Cardholders can redeem earned cash rewards as a statement credit for any amount, at any time, with no minimum redemption threshold for statement credits. Cash rewards do not expire as long as the account remains open with active charging privileges..

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