News Summary:
Your spending habits can vary month-to-month, from focusing on essentials in January to splurging on summer vacation in April. The Bank of America Customized Cash Rewards credit card offers a flexible rewards structure with no annual fee and a $200 cash rewards bonus after spending $1,000 in the first 90 days.

The card allows you to earn up to 3% cash back in a category of your choice, 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. Additionally, Preferred Rewards members can earn up to 75% more cash back on purchases with this card.

New cardholders can benefit from an introductory 0% APR offer on purchases and balance transfers for the first 15 billing cycles. After the introductory period ends, the standard APR of 18.24% – 28.24% applies. This card is a good fit for those with solid credit history and a willingness to strategize to maximize rewards.

The Bank of America Customized Cash Rewards card allows you to redeem cash back for statement credits, direct deposits, or deposits to eligible accounts. There is no minimum required for redemptions, making it easy to access your rewards. However, other redemption options may have a minimum $25 requirement.

In conclusion, the Bank of America Customized Cash Rewards credit card is ideal for those whose spending varies throughout the year and are willing to put in a bit of effort to maximize rewards. By tracking spending and updating choice categories monthly, cardholders can ensure they are getting the most out of their rewards.

Read more at Yahoo Finance: Cash back on your choice of everyday categories