Maria Adams, Credit Cards Moderator
@m_adams
The Bank of America credit card interest rate can be anywhere from 15.49% (V) to 27.49% (V). It depends on both your credit standing and which Bank of America credit card you apply for. All Bank of America credit card APRs are variable, meaning they can change over time.
Here are the Bank of America credit card interest rates:
- BankAmericard® credit card - 15.49% - 25.49% Variable regular APR. Intro APR of 0% for 21 billing cycles on purchases and 0% for 21 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
- Bank of America® Unlimited Cash Rewards credit card - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
- Bank of America® Customized Cash Rewards credit card - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
- Bank of America® Travel Rewards credit card - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
- Bank of America® Premium Rewards® credit card - 19.49% - 26.49% Variable regular APR. No intro APR.
- Bank of America® Premium Rewards® Elite Credit Card - 19.49% - 26.49% (V) regular APR. No intro APR.
- BankAmericard® Secured Credit Card - 25.49% (V) regular APR. No intro APR.
- Bank of America® Customized Cash Rewards Secured Credit Card - 27.49% (V) regular APR. No intro APR.
- Bank of America® Unlimited Cash Rewards Secured Credit Card - 27.49% (V) regular APR. No intro APR.
Credit cards for students:
- BankAmericard® Credit Card for Students - 15.49% - 25.49% (V) regular APR. Intro APR of 0% for 21 months on purchases and 0% for 21 months. 3% balance transfer fee.
- Bank of America® Travel Rewards credit card for Students - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and Not Offered.
- Bank of America® Customized Cash Rewards credit card for Students - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
- Bank of America® Unlimited Cash Rewards credit card for Students - 17.49% - 27.49% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% balance transfer fee.
Each Bank of America credit card also has more than one interest rate. There’s the regular APR, which applies to purchases and balance transfers and ranges from 15.49% (V) to 27.49% (V). Several cards have a 0% APR on purchases and/or balance transfers for a certain number of months, before the regular APR takes effect. And if you miss a payment, you could have a penalty interest rate of up to 29.99%. Ultimately, there is also an APR for cash advances that can be up to 29.49% (V), depending on your creditworthiness and the card.
If you want to increase the chances of getting a low Bank of America credit card interest rate, you should make sure your credit is as good as possible before applying. Doing anything you can to bump up your income can also make a difference. But if you pay your credit card bill in full every month, you won’t ever have to worry about the interest rate.

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