Bank of America Customized Cash Rewards vs Chase Freedom Flex 2023
In head-to-head competition, which of these rewards credit cards wins out? Here’s what each has to offer and how they fare when put to the ultimate test — the cash back you’ll earn for using them.
Bank of America Customized Cash Rewards
Earn 3% on the category of your choice each month. Choose between gas and EV charging, online shopping (including cable, internet, phone plans and streaming), dining, travel, drug stores and pharmacies, or home imp/furnishings. Earn an automatic 2% at grocery stores and wholesale clubs (including those with supermarkets inside) and an unlimited 1% on all else. The 3% and 2% cashback rates apply to the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter. Introductory 0% APR for 18 billing cycles on purchases and balance transfers made within 60 days of opening an account. $200 cash rewards bonus after making at least $1,000 in purchases in the first three months.
Chase Freedom Flex
Earn 5% cash back on different categories like gas stations, grocery stores (excluding Target and Walmart) and select online merchants on up to $1,500 in total combined purchases each quarter you activate. Earn 5% on travel purchased through Chase Ultimate Rewards; 3% on dining at restaurants (including takeout and eligible delivery services) and drugstores, earn 1% on all other purchases. New cardmembers can earn a $200 bonus after you spend $500 on purchases in the first three months from account opening. Oh, and there's a 0% intro APR on purchases and balance transfers for 15 months. And, no, we don’t get paid by the word around here.