
Rating: 5 Stars
Bottom Line:
Build Credit and Increase your Credit Limit
TABLE OF CONTENTS
Card Details
Regular APR: | 15.74 – 25.74 (Variable) |
Intro APR (Purchases): | 0% for 15 biling cycles |
Intro APR (Balance transfers): | 0% for 15 biling cycles for transfers in first 60 days |
Rewards Rate: | Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement / furnishings and 2% cash back at grocery stores and wholesale clubs on the first $2,500 in combined choice category / grocery store / wholesale club purchases each quarter, then earn 1% Earn unlimited 1% cash back on all other purchases |
Credit Needed: | (670 – 850) Good/Excellent |
Annual Fee: | None |
Card Brand: | Mastercard |
*See online credit card application for details on the terms and conditions.
Offer Highlights
- Click APPLY NOW to apply online
- $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening – plus now choose how you earn rewards
- Choose your favorite team from the list below when you apply – All 30 team card designs available
- Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement / furnishings and 2% cash back at grocery stores and wholesale clubs on the first $2,500 in combined choice category / grocery store / wholesale club purchases each quarter, then earn 1%
- Earn unlimited 1% cash back on all other purchases
- Go to the Mobile Banking app or to Online Banking to change your choice category for future purchases once each calendar month, or make no change and it stays the same
- Plus, Preferred Rewards members earn 25% – 75% more cash back on every purchase
- No annual fee
Is MLB Mastercard worth it?
MLB Mastercard is a great card for MLB fans. You can choose the card with your favorite team and all MLB teams are available. Cardholders get a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days.
The rewards rate is average: unfortunately the 3% and 2% rewards are only valid on up to $2,500 in combined purchases per quarter, so this is not a great everyday spend card if you spend more than $10,000 each year. However, as with other eligible Bank of America rewards cards, if you have a balance of more than $20,000 combined between any Bank of America and Merrill investment accounts, you earn a Rewards Bonus of 25% or more with the MLB Mastercard. Bank of America calls this Preferred Rewards, and it helps boost the value of the card.
Pros
- $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days
- Cash rewards can be redeemed anytime for statement credit
- You can choose the card with your favorite team and all MLB teams are available
Cons
- 3% and 2% rewards only valid on up to $2,500 in combined purchases per year
- Penalty APR
- Foreign transaction fee
Why 5 Stars?
Regular APR
4 Stars
Intro APR
5 Stars
Fees
4 Stars
Perks
5 Stars
Overall
5 Stars
Fees
Foreign Transaction Fee | 3% |
Balance Transfer Fee | Either $10 or 3% of the amount of each transaction, whichever is greater |
Cash Advance Fee | See Terms (has exception) |
Penalty APR | 29.99% |
Benefits
$0 Fraud Liability |
Auto Rental Collision Damage Waiver |
Extended Warranty Program |
Lost Luggage Reimbursement |
Purchase Protection |
Roadside Assistance |
Travel Accident Insurance |
Travel Assistance |
Editorial Note: This content is not provided by the issuer. Any opinion, analyses, reviews, or recommendations expressed on this page are those of the author?s alone, and may not have been reviewed, approved or otherwise endorsed by the issuer.
Credit Cards Research:
Best Credit Cards for 2021
These are the best credit cards for 2021.
Best Credit Cards for Excellent Credit
If you have excellent credit, check out these cards. These are the best cards for excellent credit with travel rewards and cash bonuses.
Best Credit Cards to Pay off Debt
The fastest way to pay off credit card debt is by transferring a balance to a 0% APR credit card. These are the best balance transfer cards on the market.