Could This Cash Back Card Dethrone the American Express Blue Cash Preferred for Best Grocery Card?

Bank of America/CNET If I told you there was a credit card offering a whopping 6% cash back on any one of six common spending categories, including dining and travel, would you think it's one of the best cash back cards to consider applying for this summer? As a credit card expert who's covered this topic for years, I would. The Bank of America Customized Cash Rewards credit card is the latest addition to the list of top rewards credit cards, thanks to a new offer. In their first year, new cardholders can earn 6% back on purchases in one spending category of their choice from six available options. What's the catch? A few caveats make this card less lucrative than it seems, and it might not be the right card for everyone. Here is what you need to know. Everything you need to know about the new offer The Bank of America Customized Cash Rewards now earns double cash back in one category of your choosing for the first year. That means 6% cash back in the choice category instead of 3% ... Read full article.