Bank of America® Customized Cash Rewards Credit Card vs Bread Rewards® American Express® Credit Card

Bank of America

Bread Financial

Annual Fee

No Annual Fee

Card Type

Personal

Rewards Currency

Cash Back

Bread Rewards Points

Point Value

1.00¢/pt

0.50¢/pt

Base Earn Rate

Welcome Bonus

$200 after $1,000 in 90 days

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Effective return by category

Category	Bank of America® Customized Cash Rewards Credit Card	Bread Rewards® American Express® Credit Card
Gas Stations	3.00% 3x · $2,500 cap	1.50% 3x
Amazon & Online Shopping	3.00% 3x · $2,500 cap	0.50% 1x
Dining & Restaurants	3.00% 3x · $2,500 cap	1.50% 3x
Travel	3.00% 3x · $2,500 cap	0.50% 1x
Drugstores & Pharmacies	3.00% 3x · $2,500 cap	0.50% 1x
Home Improvement	3.00% 3x · $2,500 cap	0.50% 1x
Groceries	2.00% 2x · $2,500 cap	1.50% 3x
Wholesale Clubs	2.00% 2x · $2,500 cap	0.50% 1x
Utilities	1.00% 1x	1.50% 3x
Everything else	1.00% 1x	0.50% 1x

Returns are multiplier × point value, using your “smart” setting. Caps and rotating categories affect real-world earnings.

The better question: which one adds more to your wallet?