Apple Card vs Bank of America Customized Cash Rewards Credit Card
Both cards cost $0/yr. The Apple Card leads on everyday spending; the Bank of America Customized Cash Rewards Credit Card on dining.
Card data as of October 12, 2026.
Apple CardGoldman Sachs · No annual fee
Bank of America Customized Cash Rewards Credit CardBank of America · No annual fee
Overview
- Annual fee
- Apple Card$0Bank of America Customized Cash Rewards Credit Card$0
- Welcome offerCurrent public offer
- Apple Card—Bank of America Customized Cash Rewards Credit Card$200 cash back
- Rewards
- Apple CardCash backBank of America Customized Cash Rewards Credit CardCash back
- Foreign transaction fee
- Apple CardNoneLowestBank of America Customized Cash Rewards Credit Card3%
- Network
- Apple CardMastercardBank of America Customized Cash Rewards Credit CardVisa Signature
Earn ratesPer $1 spent
- Cable TV
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Dining
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Drugstores
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Gas Stations
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Home Improvement
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Online Shopping
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Travel
- Apple Card1%Bank of America Customized Cash Rewards Credit Card3%Highest
- Grocery Stores
- Apple Card1%Bank of America Customized Cash Rewards Credit Card2%Highest
- Wholesale Clubs
- Apple Card1%Bank of America Customized Cash Rewards Credit Card2%Highest
- Everything else
- Apple Card1%Bank of America Customized Cash Rewards Credit Card1%
Statement creditsAs the issuer states them · — means none on record
- Travel
- Apple Card
- Extra 2% Booking.com Travel Credits · $2 per transaction
Bank of America Customized Cash Rewards Credit Card— - Rideshare & transit
- Apple Card
- $60 Uber One trial · $60 one-time
Bank of America Customized Cash Rewards Credit Card— - Other credits
- Apple Card—Bank of America Customized Cash Rewards Credit Card
- 0% APR 15 months
Perks & access— means none on record
- Car rental
- Apple Card
- 5%+ off Hertz rentals + perks
Bank of America Customized Cash Rewards Credit Card— - Other perks
- Apple Card
- Share card with family and teens
- Interest-free payments on Apple gear
- Color-coded spending insights
Bank of America Customized Cash Rewards Credit Card- No annual fee
Protections & insuranceLimits where published · — means none on record
- Purchase & returns
- Apple Card
- Zero Liability on unauthorized transactions
- No fees on international purchases
- Biometric security on every purchase
Bank of America Customized Cash Rewards Credit Card- Visa Signature purchase protection
- Other protections
- Apple Card
- No late fees or penalty APR
- 24/7 lost/stolen card assistance worldwide
Bank of America Customized Cash Rewards Credit Card—
Pros & cons
- Pros
- Apple Card
- No annual fee, no late fees, and no penalty APR
- Daily Cash deposited immediately rather than monthly
- 3% back at Apple and select merchants (Uber, Walgreens, Nike, etc.)
- 2% back on all Apple Pay purchases
- No foreign transaction fees
Bank of America Customized Cash Rewards Credit Card- 6% cash back in choice category for first year (3% + 3% bonus)
- No annual fee
- $200 welcome bonus after $1,000 spend
- 0% intro APR for 15 months on purchases and balance transfers
- Flexible category selection - change monthly
- Cons
- Apple Card
- Only 1% back when using physical card (non-Apple Pay)
- Requires iPhone to apply and manage the card
- No sign-up bonus
- No travel-related benefits or protections
- Limited 3% merchant list compared to category cards
Bank of America Customized Cash Rewards Credit Card- 3% foreign transaction fee
- $2,500 quarterly cap on bonus categories (combined choice category + grocery)
- 6% rate drops to 3% after first year
- Requires monthly category management for optimal returns
Category-by-Category Winner
No unconditional category winner — 9 categories depend on how you earn.
Dining
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Drugstores
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Gas Stations
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Home Improvement
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Online Shopping
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Cable TV
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Travel
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 3X when conditions are met; Apple Card earns 1X (1X without restrictions)
Grocery Stores
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 2X when conditions are met; Apple Card earns 1X (1X without restrictions)
Wholesale Clubs
Depends: up to $2,500/quarter
Bank of America Customized Cash Rewards Credit Card earns 2X when conditions are met; Apple Card earns 1X (1X without restrictions)
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Ongoing value favors the Apple Card; year-one value favors the Bank of America Customized Cash Rewards Credit Card.
| Scenario | Apple Card | Bank of America Customized Cash Rewards Credit Card | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $120 Credits (our usable estimate): $35 − Annual fee ($0) Ongoing: $155 Year one: $185 | Rewards: $120 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $120 Year one: $320 | Apple Card | Bank of America Customized Cash Rewards Credit Card |
| Heavy spender: $4,000/month | Rewards: $480 Credits (our usable estimate): $35 − Annual fee ($0) Ongoing: $515 Year one: $545 | Rewards: $480 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $480 Year one: $680 | Apple Card | Bank of America Customized Cash Rewards Credit Card |
Which Card Is Right for You?
Get the Bank of America Customized Cash Rewards Credit Card if you:
- +Spend $300+/month on restaurants and dining out
- +Do most of your spending at grocery stores
The Bottom Line
Ongoing value favors the Apple Card; year-one value favors the Bank of America Customized Cash Rewards Credit Card.
Frequently Asked Questions
- Which card earns more rewards, the Apple Card or Bank of America Customized Cash Rewards Credit Card?
- Both cards earn 1X on everyday purchases. The difference is in bonus categories — check the earn rate comparison above for a full breakdown.
- What benefits does the Apple Card have that the Bank of America Customized Cash Rewards Credit Card doesn't?
- The Apple Card offers travel credits. The Bank of America Customized Cash Rewards Credit Card focuses more on earn rates than premium perks.
- Should I get the Apple Card or the Bank of America Customized Cash Rewards Credit Card?
- Both cards have the same $0/yr fee. Choose based on which bonus categories match your spending — check the earn rate comparison above.
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published October 12, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.