Does Bank of America Premium Rewards credit card have a 0% APR intro period for new purchases?

The Bank of America credit score requirement is 750 or higher for the best Bank of America credit card offers, though other options are available for people with lower scores. It is possible to get approved for a credit card from Bank of America with limited credit history or a bad credit score, for example.… read full answer

Bank of America Credit Score Requirements by Card

• Bank of America® Customized Cash Rewards Secured Credit Card: 300 (Bad credit)
• Sonesta Credit Card: 700 (Good credit)
• Alaska Airlines Credit Card: 700 (Good credit)
• Bank of America® Travel Rewards Credit Card for Students: less than 3 years of credit history (Limited History credit)
• BankAmericard® Secured Credit Card: 300 (Bad credit)
• Bank of America® Premium Rewards® credit card: 750 (Excellent credit)
• BankAmericard® credit card: 750 (Excellent credit)
• Bank of America® Travel Rewards credit card: 750 (Excellent credit)
• Bank of America® Customized Cash Rewards credit card: 750 (Excellent credit)
• Norwegian Cruise Line® Credit Card: 700 (Good credit)

Keep in mind that it’s best to wait to apply for a given card until you meet the credit score requirement. You can check your credit score for free on WalletHub.

You should also note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for a Bank of America credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

To meet the Bank of America credit card requirements, you must be a U.S. resident who is at least 18 years old. Non-resident aliens can only apply for certain Bank of America credit card offers through a local Bank of America financial center. You must also agree to let Bank of America pull a copy of your credit report and employment history. Other requirements are a completed application with all requested personal and financial information, including your name, address, birthdate, annual income and sources for that income. If under 21, the CARD Act emphasizes that you must be able to provide proof of an independent source of income for making payments. You will also be asked for your monthly rental or mortgage payment.… read full answer

Here are the Bank of America credit card requirements:

• Age: Applicants must be at least 18 years old. The CARD Act emphasizes that applicants under 21 need to be able to prove that they have an independent source of income that is enough to make credit card payments. If you're under 18, you may become an authorized user on someone else's Bank of America credit card account.
• U.S. residence: Online applicants must be U.S. residents. Non-resident aliens may apply through a local Bank of America financial center or by calling (800) 932-2775.
• SSN/ITIN: Online applicants require a Social Security Number. Applying with an ITIN requires visiting a Bank of America financial center. You can also schedule an appointment with a specialist ahead of time.
• Personal and financial information: Applicants are required to provide personal information such as their name, address, phone number, email, citizenship tatus, country of residence and date of birth. In addition to this, Bank of America also asks for financial information such as employment status, annual income, source of income, and monthly housing payments.
• Credit requirements: In addition to general requirements, each Bank of America credit card has its own requirements with regard to creditworthiness. Fortunately, Bank of America has credit card offers for most credit score ranges.

When you apply, enter complete and accurate information in each required field. Knowingly submitting false or misleading information on a credit card application is considered fraud and is illegal. Bank of America credit cards will also have specific credit score requirements. If you don't know where you stand, you can check your credit score for free, right here on WalletHub. You can also check out our editor's guide on how to improve your credit score.

Yes, there are several Bank of America 0% APR credit cards and the best among them is the BankAmericard® credit card. It offers an introductory 0% APR for 18 billing cycles on purchases and balance transfers - balance transfers are subject to a fee of 3% (min $10). Once the introductory periods are over, remaining balances are subject to the card's regular APR of 13.74% - 23.74% Variable (based on creditworthiness). The BankAmericard credit card has a $0 annual fee.… read full answer

In addition, Bank of America offers credit cards with extensive rewards that also allow you to finance your purchases and pre-existing debt. There’s also a selection of 0% APR student credit cards, some of which also offer rewards, while having more lenient approval requirements. Overall, there are many Bank of America 0% APR credit cards. Most offer intro 0% APRs on both balance transfers and new purchases, while others (mostly Bank of America business credit cards) have 0% intro promotions for one type of transaction.

Credit score requirements for Bank of America 0% APR credit cards

No matter what type of card you’re looking for, you should be able to find a 0% offer that fits your needs. But unless you’re a student, you’ll need good or excellent credit to get any Bank of America 0% APR card.

Here are some Bank of America 0% APR credit cards:

A Bank of America 0% APR can be a great tool for financing a big purchase or paying off a balance transfer. Just try to budget your monthly payments so that you pay off your entire balance by the end of the 0% introductory period. And if you’re making a balance transfer, don’t forget that a fee will also get tacked on. And any remaining balances will be subject to the card's regular APR after the introductory periods are over.