Apple Card vs Bank of America Unlimited Cash Rewards Credit Card
Both cards cost $0/yr. The Apple Card leads on everyday spending; the Bank of America Unlimited Cash Rewards Credit Card on everyday spending.
Card data as of October 12, 2026.
Apple CardGoldman Sachs · No annual fee
Bank of America Unlimited Cash Rewards Credit CardBank of America · No annual fee
Overview
- Annual fee
- Apple Card$0Bank of America Unlimited Cash Rewards Credit Card$0
- Welcome offerCurrent public offer
- Apple Card—Bank of America Unlimited Cash Rewards Credit Card$250 cash back
- Rewards
- Apple CardCash backBank of America Unlimited Cash Rewards Credit CardCash back
- Foreign transaction fee
- Apple CardNoneLowestBank of America Unlimited Cash Rewards Credit Card3%
- Network
- Apple CardMastercardBank of America Unlimited Cash Rewards Credit CardVisa Signature
Earn ratesPer $1 spent
- Everything else
- Apple Card1%Bank of America Unlimited Cash Rewards Credit Card1.5%Highest
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 Unlimited Cash Rewards Credit Card— - Rideshare & transit
- Apple Card
- $60 Uber One trial · $60 one-time
Bank of America Unlimited Cash Rewards Credit Card— - Other credits
- Apple Card—Bank of America Unlimited Cash Rewards Credit Card
- 3% balance transfer fee
- 0% APR 15 months
Perks & access— means none on record
- Car rental
- Apple Card
- 5%+ off Hertz rentals + perks
Bank of America Unlimited 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 Unlimited 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 Unlimited Cash Rewards Credit Card— - Other protections
- Apple Card
- No late fees or penalty APR
- 24/7 lost/stolen card assistance worldwide
Bank of America Unlimited 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 Unlimited Cash Rewards Credit Card- Unlimited 1.5% cash back on all purchases
- No annual fee
- $250 welcome bonus after $1,000 spend
- 0% intro APR for 15 months on purchases and balance transfers
- No category tracking required
- 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 Unlimited Cash Rewards Credit Card- 3% foreign transaction fee
- Flat 1.5% rate, no bonus categories
- Lower earning rate than category-specific cards in bonus areas
- No premium perks or travel benefits
Category-by-Category Winner
The Bank of America Unlimited Cash Rewards Credit Card wins in 1 of 1 categories. The Apple Card leads in 0.
Everyday purchases
Bank of America Unlimited Cash Rewards Credit Card earns 1.5X on all other spending vs 1X
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.
Both scenarios favor the Bank of America Unlimited Cash Rewards Credit Card on net value (rewards, usable credits, fees, and welcome offer).
| Scenario | Apple Card | Bank of America Unlimited 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: $180 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $180 Year one: $430 | Bank of America Unlimited Cash Rewards Credit Card | Bank of America Unlimited 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: $720 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $720 Year one: $970 | Bank of America Unlimited Cash Rewards Credit Card | Bank of America Unlimited Cash Rewards Credit Card |
Which Card Is Right for You?
Get the Bank of America Unlimited Cash Rewards Credit Card if you:
- +Prefer a high flat rate across all spending
The Bottom Line
Both scenarios favor the Bank of America Unlimited Cash Rewards Credit Card on net value (rewards, usable credits, fees, and welcome offer).
Everyday (non-bonus) spend earns 1.5X on the Bank of America Unlimited Cash Rewards Credit Card vs 1X on the other card.
Frequently Asked Questions
- Which card earns more rewards, the Apple Card or Bank of America Unlimited Cash Rewards Credit Card?
- The Bank of America Unlimited Cash Rewards Credit Card has a higher base earn rate (1.5X vs 1X), but both cards have different bonus categories where they excel.
- What benefits does the Apple Card have that the Bank of America Unlimited Cash Rewards Credit Card doesn't?
- The Apple Card offers travel credits. The Bank of America Unlimited Cash Rewards Credit Card focuses more on earn rates than premium perks.
- Should I get the Apple Card or the Bank of America Unlimited 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.