$0
Annual fee
$200
Bonus value
See the card
Card reviewBank of America
Updated Jul 19, 2026 · research
Bank of AmericaBofA Rewards
Bank of America® Unlimited Cash Rewards Credit Card for Students
An unlimited cash back credit card for students to build credit with no annual fee.
Entry LevelPersonal
Visa
$0
Annual fee
2% back first year purchases
Top rate
N/A
Foreign fee
N/A
Rating
Current Welcome Offer
200 cashback
$200 estimated value
Spend $1,000 in 90 days
Verifiedofficial site
Card Offers
public
200 cashback
$200 estimated value
Spend $1,000 in 90 days
official site
Earning Rates
First Year Purchases
2%cash back
Earn 2% cash back on purchases for the first year from account opening.
All Purchases
1.5%cash back
Thereafter, you'll earn unlimited 1.5% cash back on all purchases.
Pros & Cons
Pros
- No annual fee.
- Unlimited cash back at 2% first year then 1.5% on all purchases.
- 0% intro APR for 15 billing cycles on purchases and balance transfers.
- $200 welcome bonus after $1,000 spend in 90 days.
- Rewards do not expire if account stays open.
Cons
- Cash back rate drops from 2% to 1.5% after first year.
- High ongoing APR of up to 27.49%.
- Balance transfer fee increases to 5% after intro period.
Key Takeaways
- Unlimited 1.5% cash back on all purchases after the first year at 2%.
- $200 bonus after $1,000 spend in 90 days.
- 0% intro APR for 15 billing cycles on purchases and balance transfers within 60 days.
- No annual fee and rewards do not expire with open account.
- Entry-level student card requiring fair credit.
Fees
| Fee Type | Amount |
|---|---|
| Annual Fee | $0 |
APR Information
- Purchase APR
- 17.49% - 27.49%0% intro APR for 15 months
- Balance Transfer APR
- 17.49% - 27.49%0% intro APR for 15 months
APRs shown are variable and may change based on the Prime Rate. Your actual APR will be determined based on your creditworthiness.
Card Benefits
3 benefits
Lifestyle Benefits
Other Insurance
Coverage Tier Legend
Best in ClassIndustry-leading coverage
StrongAbove average
StandardTypical coverage
LimitedBelow average
Frequently Asked Questions
What is the annual fee for this card?
The card has no annual fee. This applies every year.
What are the rewards rates?
It earns 2% cash back on all purchases for the first year from account opening. Thereafter, it earns unlimited 1.5% cash back on all purchases. Rewards do not expire as long as the account is open.
What is the welcome bonus?
Cardholders receive a $200 online cash rewards bonus after making $1,000 in purchases within the first 90 days.
What is the introductory APR offer?
There is 0% intro APR for 15 billing cycles on purchases and balance transfers made within the first 60 days. After that, the variable APR ranges from 17.49% to 27.49%.
What are the balance transfer fees?
There is a 3% intro balance transfer fee on transfers made within the first 60 days. Thereafter, the fee is 5%.
Is this card suitable for students?
This is a student credit card designed for entry-level use with fair credit. It offers straightforward cash back rewards with no annual fee.
Does the card have purchase limits on rewards?
There is no limit to the cash back earned on purchases.
About This Card
This card suits college students with fair credit who want simple unlimited cash back rewards without an annual fee. It works well for those building credit through everyday spending.
Earn unlimited 1.5% cash back on all purchases, boosted to 2% for the first year from account opening. Start building a successful financial future today with no annual fee and a $200 online cash rewards bonus offer.
It stands out among entry-level student cards with a long 15-billing-cycle 0% intro APR and unlimited flat cash back starting at 2% for the first year.
Ready to Decide?
Apply for the Bank of America® Unlimited Cash Rewards Credit Card for Students
200 cashback, worth about $200 estimated value, with no annual fee.
Spend $1,000 in 90 days
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Sources & Methodology
Sources & Methodology
Data Collection
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- 3 of 3 benefits rated high confidence
- 3 source citations across benefits
- 1 of 1 offer verified
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