If you frequently charge an EV at a public charging station, your credit card may be able to give you a break on the price. Bank of America will reward Customized Cash Rewards credit cardholders with 3% to 5.25% cash back for charging an EV, the company announced last week.
Bank of America is the latest issuer to reward electric vehicle charging, largely in response to increased customer spending. The bank said EV charging transactions grew by 44% during the first half of 2023.
