ACEP Bank Americard Cash Rewards Visa Credit Card

Card Details
Rewards	Earn 3% cash back in the category of your choice. The choices include: gas & EV charging stations; online shopping (including cable, internet, phone plans & streaming); dining; travel; drug stores & pharmacies; home improvement & furnishings. Earn 2% cash back at grocery stores and wholesale clubs. Earn 1% cash back on all other purchases.
Signup Bonus	New cardholders can earn a $200 cash-rewards bonus after spending at least $1,000 within the first 90 days of opening the card. New cardholders get an enhanced first-year structure: earn 6% cash back in the category of your choice, 2% at grocery stores/wholesale clubs, and 1% on all other purchases—on the first $2,500 in combined eligible purchases per quarter.
Annual Fee	$0
Cardmember Agreement	View Here
Cash Advance APR	28.24%–29.24%, based on your creditworthiness (APR is subject to change)
Cash Advance Fee	5% of the transaction amount
Late Payment Fee	$29 for the first missed payment $40 if you have another late payment within six billing cycles of the first
Purchases APR	17.74%–29.24%, based on your creditworthiness (APR is subject to change)
* Card terms and offers are subject to change. Confirm current details with the issuer.

CARD OVERVIEW

The BankAmericard Cash Rewards Visa Credit Card (now the Bank of America® Customized Cash Rewards) stands out for its flexible 3% cash-back category, solid everyday rewards, and no annual fee. It’s a popular choice for people who want simple cash back without paying to carry a card.

Most users say they like the ability to choose their 3% category — from gas and dining to online shopping or travel — and many appreciate the $200 sign-up bonus and the extra boost available through Bank of America’s Preferred Rewards program. Reviewers also mention the smooth online and mobile-app experience as a plus.

On the downside, some users find the quarterly $2,500 spending cap restrictive, and others wish the base 1% rate on general purchases were higher. A few note that the APR for purchases and cash advances can climb quickly if you carry a balance.

Personally, I think this card is best for Bank of America customers or anyone who likes to optimize cash back in rotating spending categories. If you’re after simple, flexible rewards with no annual fee, it’s a smart pick — but heavy spenders might prefer a card with unlimited cash back.