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Bank of America Customized Cash Rewards vs Premium Rewards

Both are Bank of America cards. Here is every spend category, ranked by what each card actually returns.

Best card by category Card terms as of Sep 14

Everything else

  1. Premium Rewards 1.5% 1.5x base rate
  2. Customized Cash Rewards 1.0% 1% base rate

Dining

  1. Premium Rewards 2.0% 2x
  2. Customized Cash Rewards 1.0% 1% base rate

Groceries

  1. Customized Cash Rewards 2.0% 2%
  2. Premium Rewards 1.5% 1.5x base rate

Wholesale clubs

  1. Customized Cash Rewards 2.0% 2%
  2. Premium Rewards 1.5% 1.5x base rate

Flights

  1. Premium Rewards 2.0% 2x
  2. Customized Cash Rewards 1.0% 1% base rate

Hotels

  1. Premium Rewards 2.0% 2x
  2. Customized Cash Rewards 1.0% 1% base rate

What the numbers are doing

Customized Cash Rewards lets you choose one category to earn 3% on. This table assumes nothing is chosen yet, so it earns its base rate everywhere; choose in the generator to see where it lands.

The table is earn rate only — annual fees are not netted out of it. These cards charge Customized Cash Rewards $0 and Premium Rewards $95 a year, so a thin lead in one category may not cover the difference.

Where they differ: Premium Rewards takes everything else, dining, flights and hotels; Customized Cash Rewards takes groceries and wholesale clubs.

pointslipEveryday
Pass content preview
CategoryBest card
Everything elsePremium Rewards1.5%
DiningPremium Rewards2.0%
GroceriesCustomized Cash Rewards2.0%
Wholesale clubsCustomized Cash Rewards2.0%
FlightsPremium Rewards2.0%
HotelsPremium Rewards2.0%

Content preview. Apple Wallet controls the layout; visible categories vary by device. Categories that rank the same as Everything else are left off; every other category is in pass details.

Every category, every card

Everything else

  1. Premium Rewards — 1.5%
  2. Customized Cash Rewards — 1.0%

Dining

  1. Premium Rewards — 2.0%
  2. Customized Cash Rewards — 1.0%

Groceries

  1. Customized Cash Rewards — 2.0%
  2. Premium Rewards — 1.5%

Wholesale clubs

  1. Customized Cash Rewards — 2.0%
  2. Premium Rewards — 1.5%

Flights

  1. Premium Rewards — 2.0%
  2. Customized Cash Rewards — 1.0%

Hotels

  1. Premium Rewards — 2.0%
  2. Customized Cash Rewards — 1.0%

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Open this ranking in the generator

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