Bank of America Cash Back - Credit Cards and Calculators

Bank of America Cash Back Calculators

Calculate how much cash back you can earn with Bank of America cash back credit cards based on monthly/yearly spend and compare results against top cards.

This page may contain links and/or referrals that would earn The Point Calculator points, miles, or other financial compensation. For more details, view the Advertising Policy.

Program Details

Bank of America offers one personal and one business cash back credit card that both have similar earning structures. As with the Bank of America Travel Rewards Program, those who invest with Bank of America or their partners will get the most out of using their credit cards.

Redeeming Bank of America Cash Back

Cash Back earned with Bank of America credit cards can be used in several ways. It can be redeemed in any amount and at any time for statement credits, deposits made directly into a Bank of America checking or savings account, or for credit to an eligible account with Merrill Lynch® or Merrill Edge®. Redemptions for a contribution to a qualifying 529 account with Merrill Lynch or Merrill Edge or for a check start at $25. You can set up automatic redemptions for Bank of America®, Merrill Lynch®, or Merrill Edge® accounts starting at $25.

Credit Card Rewards Calculators

The Bank of America Cash Rewards Card and Business AAdvantage Cash Rewards Cards are pretty similar. Both cards allow you to choose one category out of six total in which you can earn 3% cash back in. Those who invest with Bank of America, Merrill Lynch or Merrill Edge will also earn up to a 75% bonus on cash back earned with either card. If you're investing with them or their partners, I recommend pairing their cash back cards with their Travel Rewards Cards since all cards are eligible for the Preferred Rewards Client and Business Advantage Relationship bonuses.

Investment Bonuses
For Preferred Rewards Clients and Business Advantage Relationships
Tier Balance Requirement Bonus
Gold $20k to <$50k 25% Bonus
Platinum $50k to <$100k 50% Bonus
Platinum Honors $100k+ 75% Bonus

Do note that the person Cash Rewards Cards comes in many flavors, but they all have the same earning structure. A few of the designs you can choose from includes:

  • Susan G Komen (Breast Cancer Awareness)
  • MLB (Major League Baseball Teams)
  • World Wildlife Fund
  • U.S. Pride
Compare BOA credit cards side by side based on spend, status, benefits and fees.

Bank of America Credit Card Cash Back Calculators

You can click on any of the Bank of America credit cards below to learn about the bonus categories, perks & benefits, standard sign up bonus, and fees of the card. Each Bank of America credit card also has it's own cash back calculator. The calculator will calculate how much cash back you can earn and the cash value of the Bank of America credit card based on your monthly/yearly spend, how much each card benefit is worth to you, and the fees of the card. You can compare the results side by side any credit card featured on the site. Any spend you enter into the credit card cash back calculator will carry over to all credit card calculators on the site, so there's no need to re-enter spend when jumping page to page.

Comparison Calculators

Comparison Calculators features side by side comparisons of frequently compared credit cards or comparisons requested through our YouTube channel. These calculators are already set up so you can immediately start calculating total rewards as well as the cash value of the compared cards based on your monthly/yearly spend, how much the card benefits are worth to you, and the annual fees. Comparison Calculators does not allow you to change the designated cards being compared. If you want to compare credit cards outside of the comparisons listed below, I recommend searching for the credit card you want to compare and then using its calculator to compare it against anything featured on the site.

Guides, Deals, and Useful Links

Listed below are guides, deals, and useful links. Do note that some of the links listed may be external links meaning they will take you outside of The Point Calculator website. These are indicated by a new window symbol () and will open in a new window/tab. These links are updated as needed.

Recent News/Articles

Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. You can read our Private Policy to learn more.

Advertiser Disclosure: Advertisements are listed throughout this site. I may be compensated if you choose to use any of the links on this page. This includes, but is not limited to, making purchases, signing up for programs, and applying for credit cards. You can view the details of that on our Advertising Policy page.

About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.

The Point Calculator is owned by RF3 LLC. This site is informational and meant to provide help in calculating points with various programs. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinion of the owner and should not be relied upon for individual circumstances.

2019 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. All Rights Reserved.