Cameron DiGiovanni, Writer
The Bank of America Customized Cash Rewards credit card balance transfer fee is 3%. The balance transfer fee on the Bank of America Customized Cash Rewards credit card is assessed when an eligible debt is moved to the card, and the fee amount will be automatically added to the balance.
This credit card is great for balance transfers, as it offers an introductory APR of 0% for 18 billing cycles for any balance transfers made in the first 60 days, which can help cardholders save money on interest. For reference, the average balance transfer card offers low interest for 13 months and charges a transfer fee of 2.53%.
There are very few credit cards without a balance transfer fee, so you shouldn’t rule out a balance transfer card simply because of the fee. Instead, you should take all factors into consideration using WalletHub’s Balance Transfer Calculator.
Bank of America® Customized Cash Rewards credit card
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