Lawrence Stone, Former bank manager
@lawrence50
A Bank of America credit card’s interest rate can be anywhere from 14.74% to 24.99% (V). It depends on both your creditworthiness 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: 12.99% - 22.99% Variable regular APR. 0% on purchases and balance transfers for 12 billing cycles.
- Bank of America Cash Rewards: 13.99% - 23.99% Variable regular APR. 0% on purchases and balance transfers for 12 billing cycles.
- Bank of America Travel Rewards for Students: 14.99% - 22.99% (V) regular APR. 0% on purchases for 12 billing cycles.
- Bank of America Cash Rewards for Students: 13.99% - 23.99% (V) regular APR. 0% on purchases and balance transfers for 12 billing cycles.
- Bank of America Travel Rewards: 14.99% - 22.99% Variable regular APR. 0% on purchases for 12 billing cycles.
- Bank of America Premium Rewards: 15.99% - 22.99% Variable regular APR. No intro APR.
- BankAmericard Secured: 22.99% (V) regular APR. No intro APR.
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 14.74% to 24.99% (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%. The APR for cash advances can be anywhere from 17.74% to 26.99%, depending on your creditworthiness and 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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@icytom
The Bank of America credit card interest rate will almost always depend on your credit standing and it can start low, at slightly under 15% and go all the way up, to almost 25%.
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