I'm a student and already have a credit card with balance around $1,000. I would like to pay it off but not sure if I qualify for one more credit card. I do not want to lower my credit with a hard inquiry. Do you think the BofA Cash rewards is good for balance transfer?

If you do not have any negative items on your reports (like late or missed payments), you should have good chances to qualify as the Cash Rewards card from Bank of America is offered to people with limited credit. The only obstacle is credit limit you would be given. If you are not approved for a high enough credit limit, you won't be able to transfer the whole balance from your current credit card. Also, note that the card has a balance transfer fee which you will need to pay when you request a balance transfer. We would recommend you calculate if it's worth opening a new credit card and transferring your balance to it.