Bank of America
BankAmericard Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | None |
| Rewards Rate | None |
| Intro APR | Introductory 0% APR for your first 21 billing cycles for purchases, and for any balance transfers made within 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 14.99% to 25.99% will apply. |
| Regular APR | Standard APR 14.99% - 25.99% variable |
| Other Fees | Balance Transfer Fee 5% of each transaction |
About this card
The BankAmericard Credit Card is a very specialized product excelling in one area: providing a lengthy 0% introductory APR period for both purchases and balance transfers. This strength is reflected in its APR and Fees ratings. However, it offers no ongoing rewards, resulting in a low Rewards rating. The card's reputation is solid within its niche, but it's not a general-purpose card. Overall, the BankAmericard is a good choice for individuals specifically seeking to manage debt or finance a large purchase interest-free, but it lacks broader appeal due to the absence of rewards and a relatively high ongoing APR. Given the mixed profile—excellent for a specific need but limited otherwise—an overall rating of 3.1 is appropriate.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Fraud protection
- Access to credit education
Things to consider
- High regular APR
- No sign-up bonus
- No rewards
- Balance transfer fee
What this card offers
Sign-up bonuses
Rewards
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
- 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.
- 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.
- Opt for paperless credit card statements and increase account security while reducing paper consumption.
- 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.
- 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.
- 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.