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Bonus Categories benefit details — No annual fee
If you're a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every
Earn 1.5% cash back on every purchase with no categories, caps, or spending limits
Earn a boosted 2% cash back on every purchase during your first year
Earn an extra 25-75% on all rewards when you have a Bank of America Preferred Rewards relationship