Bank of America
BankAmericard® Credit Card
Key Features
| Annual Fee | $0.00 |
| Intro APR | Introductory 0% APR for your first 18 billing cycles for purchases, and for any balance transfers made within 60 days of opening your account. |
| Regular APR | 14.49% - 24.49% variable After the intro APR offer ends, a Variable APR that's currently 14.49% to 24.49% will apply. |
| Other Fees | 3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%. |
About this card
The BankAmericard® Credit Card is primarily valuable for its introductory 0% APR period on purchases and balance transfers. The absence of an annual fee and the no-penalty APR feature are also positive attributes. However, the card lacks any ongoing rewards program, and the regular APR is relatively high. The bank reputation is high but the overall value proposition is limited to debt management and large purchases during the intro period. Taking these factors into account, an overall rating of 2.7 out of 5.0 is appropriate. This reflects a card that can be very useful in specific situations but is not a strong choice for general use.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- No penalty APR
Things to consider
- High regular APR
- No sign-up bonus
- Balance transfer fee
What this card offers
Other features
- No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
- Access to credit education on topics like using credit cards responsibly, budgeting and more
- Stay Protected We block potential fraud if abnormal patterns are detected and let you know if we suspect fraudulent activity. Plus, you always get a $0 Liability Guarantee for fraudulent transactions.
- Balance Connect® for overdraft protection An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America® checking account to your credit card. No transfer fees. Other fees may apply.
- Paperless Statement Option Opt for paperless credit card statements and increase account security while reducing paper consumption.
- Digital Wallet Technology Discover more ways to pay by adding your Bank of America® credit card to your mobile device then shop in-store or in-app using Apple Pay®, Android Pay™ or Samsung Pay.
- Online & Mobile Banking Access to our award-winning Online and Mobile Banking. Bank on the go from almost anywhere quickly and securely. Pay your credit card bill online, transfer funds, check available credit and more.
- Account Alerts Stay on top of your balances and due dates. Choose from several types of customer email or text alerts and let your phone tell you when payments are due and paid.
Additional Notes
This online only offer may not be available if you leave this page, if you visit a Bank of America financial center or call the bank. You can take advantage of this offer when you apply now. Note: minimum payments are applied to lower-interest balances first. Additional payments are applied to higher-interest balances first. Balance transfers may not be used to pay any account provided by Bank of America.