What's the Bank of America Cash Rewards 0% APR offer?

The Bank of America Customized Cash Rewards credit card has an introductory purchase APR of 0% for 18 billing cycles after account opening. Once this intro period expires, any remaining balance on the Bank of America Customized Cash Rewards credit card will be subject to the regular APR of 16.99% - 26.99% Variable.

Since the average 0% intro APR for new purchases lasts 12 months, the Bank of America Customized Cash Rewards credit card offer isabove average.  The Bank of America Customized Cash Rewards credit card also has a 0% intro APR for balance transfers, lasting 18 billing cycles for any balance transfers made in the first 60 days. It is accompanied by a balance transfer fee of 3% (min $10).

It’s important to remember that even though you don’t pay interest during 0% APR periods, you still must make timely minimum payments each month. You should also consider paying more than the minimum, since you’ll want to pay off the credit card balance before the regular APR kicks in. For help planning your payments, try out WalletHub’s Credit Card Calculator.

The Bank of America Cash Rewards 0% APR offer consists of 0% promotions on purchases and balance transfers.

More specifically, you get 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. That gives you plenty of breathing room to pay down a big-ticket purchase.