MLB™ Cash Rewards Mastercard® from Bank of America

Robin Saks Frankel  in  0% APR Advertiser Disclosure
Bank of America Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Best for baseball fans who want cash back

Annual Fee:
Purchase Intro APR:
0% Introductory APR on purchases for 12 billing cycles
Balance Transfer Intro APR:
0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days.
Regular APR:
16.24% - 26.24% Variable APR on purchases and balance transfers
Terms and Restrictions Apply

Bankrate Rating

Commonly used for: 0% Introductory APR, Auto Rental Insurance, Balance Transfer, Cash Back, Concierge Service, EMV, Extended Warranty Program, FICO Score, Gas, Good Credit, Lost Luggage Reimbursement, Mobile Pay Ready, No Annual Fee, Price Protection, Rewards, Travel Accident Insurance, Travel Assistance, Unsecured credit card, World Elite Mastercard®, Zero Fraud Liability.

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In all things but your favorite baseball team’s logo, the MLB Cash Rewards Mastercard from Bank of America card is identical to the standard Bank of America Cash Rewards credit card. So, if you think the rewards and perks are attractive, but Major League Baseball is a turnoff, grab the regular card.

For those die-hard baseball fans, though, this is a way to show your loyalty at the cash register. The logos of all 30 MLB teams are available.


This card’s most direct competition is the Blue Cash Everyday® Card from American Express, another card that doesn’t charge an annual fee. Both cards offer extra rewards on gas and supermarket spending.

MLB Cash Rewards Mastercard from Bank of America offers 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings, 2% cash back at grocery stores and wholesale clubs and 1% back on all other purchases. You’ll earn 3% and 2% cash back on the first $2,500 in combined purchases each quarter, then earn 1%.

Who should get this card

This card is good for someone who wants an easy-to-follow cash-back card that rewards them for typical household spending. There are no rotating categories to keep track of and if you have a bank account or brokerage account with Bank of America or Merrill Lynch, the rewards value starts to exponentially increase.

This card may also be good for anyone looking to make a big purchase and wants the flexibility to pay it off over time. It comes with an introductory 0% APR for 12 billing cycles for purchases and any balance transfers made within 60 days of opening your account (16.24% to 26.24% variable APR thereafter). Keep in mind a 3% fee (min $10) applies to all balance transfers.

  • Get a $200 online cash rewards bonus after you spend at least $1,000 in the first 90 days of account opening.
  • Preferred Rewards clients get an increased bonus of 25% to 75%.
  • The 3% and 2% cash-back rates have a combined quarterly spend total of $2,500, which may be limiting for big gas or grocery spenders.
  • The balance transfer fee could mean an unwelcome addition to your debt if you transfer a significant sum.
  • There’s a 3% foreign transaction fee for every purchase made outside the U.S.

Fees and APR

  • There is no annual fee.
  • Preferred Rewards clients get a 25% – 75% rewards bonus on every purchase.
  • You’ll pay a 3% foreign transaction fee on all purchases made outside the United States.
  • There’s a 3% balance transfer fee ($10 minimum).
  • 16.24% to 26.24% variable APR on purchases and balance transfers

Extras, perks and using rewards

Cash-back rewards can be redeemed at any time in any amount as either a statement credit, deposited to your Bank of America bank account, or used to buy gift cards through Bank of America’s online shopping portal.

Preferred Rewards clients get a 25% – 75% rewards bonus on every purchase.