Bank of America® Customized Cash Rewards vs. Famous Footwear Credit

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Bank of America<sup>®</sup> Customized Cash Rewards Card Bank of America® Customized Cash Rewards Card Famous Footwear Credit Card Famous Footwear Credit Card
8.7MyCreditCardLab Score

MyCreditCardLab Score 8.7

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
10
Intro APR
9.5
Regular APR
7
Rewards
7.8
Benefits
9
Welcome Bonus
10
Recommended Credit Score: 8
Foreign Transaction Fee: 8
Cash Advance Fee: 8.6
Balance Transfer Fee: 9.4
7.9MyCreditCardLab Score

MyCreditCardLab Score 7.9

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
10
Intro APR
7
Regular APR
7
Rewards
9
Benefits
8.8
Welcome Bonus
7.8
Recommended Credit Score: 9.3
Foreign Transaction Fee: 10
Cash Advance Fee: 5
Balance Transfer Fee: 5
ANNUAL FEE
$0 $0
INTRO APR
and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. No intro offer available
REGULAR APR
18.24% - 28.24% Variable APR on purchases 35.24% Variable APR
PROS
  • Free FICO® Score access
  • Low intro APR on balance transfers
  • Competitive cash-back reward rates
  • Solid welcome bonus
  • Qualify with fair credit
  • No membership fees
  • $10 initial rewards bonus
CONS
  • Spending caps on rewards
  • Balance transfer fee
  • High regular APR
  • 3% Foreign fee
  • While the $200 bonus offer may seem less competitive, it's a valuable incentive for new cardholders to kickstart cash back earnings.
  • High regular APR
  • No Foreign Transaction fee
  • Spending caps on rewards
WELCOME BONUS
$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. Get $10 off your first card purchase when opening and using your Credit Card account.
REWARDS
Bank of America® Customized Cash Rewards Card Rewards stand out as a highly versatile credit currency, offering a myriad of redemption options to suit your preferences. You can utilize your rewards in a variety of ways, including:
  • Enjoy 3% cash back on a category of choice including gas, online shopping, dining, travel, drug stores, or home improvements.
  • Earn 2% cash back on grocery store and wholesale club purchases, maximizing savings on everyday essentials and bulk items.
  • Get up to $2,500 combined spend limit on 2% and 3% categories each quarter
  • 1% cash back on other purchases.
Famous Footwear Credit Card Rewards stand out as a highly versatile credit currency, offering a myriad of redemption options to suit your preferences. You can utilize your rewards in a variety of ways, including:
  • Earn 1 point per $1 spent. Members earn $5 Reward Cash for every 100 points — up to $250 a year.
  • Get $10 off your first card purchase. This happens when you open and use your Credit Card account.
  • Star Members who are eligible get $5 Reward Cash. It is valid for their birthday month.
  • Rewards members can get 2X points for every dollar spent on all purchases. This is during your birthday month.
BENEFITS
Cash Back Rewards - Earn 3% cash back on everyday purchases. You get bonuses for gas. You also get them for shopping online, dining, travel, drug stores, and home improvements. No Annual Fee - Enjoy the card's benefits. You won't pay an annual fee. This makes it a cost-effective choice for student cardholders. Flexible Redemption - Redeem cash back rewards as a statement credit, deposit into a Bank of America® checking or savings account, or use it for purchases. Introductory Offer - Enjoy a $200 online cash rewards bonus after spending $1,000 in the first 90 days, providing a rewarding start. Category Spend Limit - Benefit from a combined spend limit of $2,500 on 2% and 3% categories each quarter, maximizing rewards potential. STAR benefits - The STAR benefits scheme is for Famous Footwear. It is their lower reward level. It offers you $5 in Reward Cash for every 100 points you spend at Famous Footwear. That said, this only counts up to a maximum of $75 in rewards points per transaction. Birthday month - Members can receive 2X points per dollar spent on all purchases. This is during your birthday month. Superstar membership - Members who spend $200 or more over 12 months will get Superstar membership. Superstar membership will receive 1.5 points instead of 1 point for every $1 in purchases SUPERSTAR benefits - Famous Footwear’s SUPERSTAR benefits scheme is a higher rewards tier. You can unlock it by spending $200 in a year. SUPERSTAR members get 1.5 points for every $1 in purchases. They also get free shipping and $10 in Reward Cash on your birthday. Free Shipping - No minimum on all orders online and from your store — just for members
CASH ADVANCE FEE / APR
For Direct Deposit and Check Cash Advances, you'll incur a $10 fee or 3% of the transaction amount. You pay whichever is greater. The fee for ATM, Over-the-Counter, Same-Day Online, and Cash Equivalent Cash Advances is $10 or 5% of the transaction amount. It's whichever is greater. Overdraft Protection Cash Advances come with a $12 fee per transaction. Cash advance Not Allowed
BALANCE TRANSFER FEE
3% intro APR on Balance Transfers for 2 months, and then 4% Balance Transfers Not Allowed
RECOMMENDED CREDIT SCORE
690 - 850 (Fair - Exceptional) 600 - 850 (Poor - Exceptional)
FOREIGN TRANSACTION FEE
3% $0
BEST FOR
  • Cash Back Seekers
  • Students
  • Everyday Spending
  • U.S. Supermarket Spending
  • Students
  • Health and Wellness
  • Sports and Fitness
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