Maria Adams, Credit Cards Moderator
@m_adams
The Bank of America balance transfer limit varies depending on the credit card and credit limit you have. Basically, this means that you cannot perform a balance transfer exceeding the total available credit on your BankAmericard® credit card. You can look up yours on your monthly statement or by calling Bank of America's customer service department at (800) 732-9194. Keep in mind that balance transfers may not be used to pay off another Bank of America account.
You can check out our editors’ latest picks for the best balance trasfer credit cards to weigh your options.
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People also ask
What is the BankAmericard credit limit?
The BankAmericard credit card credit limit will vary based on each applicant’s credit standing. But many cardholders report initial credit limits ranging from $1,000 to $15,000 in some online forums. Your BankAmericard credit card credit limit will depend on a number of factors, such as your credit history, income, and debt. Just note that the issuer doesn’t disclose a minimum or maximum credit limit for this card.
Keep in mind that your credit score is an important factor....
read full answer by WalletHub, Financial CompanyHow do I increase my Bankamericard credit limit?
You can request a BankAmericard credit card credit limit increase online, through the Bank of America mobile app, or by calling customer service at 1 (800) 732-9194. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Bank of America has on file. Bank of America will be more likely to increase your credit limit if the revised...
read full answer by Chip Lupo, Credit Card WriterWhat will my Bank of America credit card limit be?
Your Bank of America credit card limit will be based on your credit standing once your application has been approved. The lowest credit limit Bank of America would approve a card for is $200, which is the minimum deposit requirement for the BankAmericard® Secured Credit Card. Other Bank of America credit limits could start out much higher. The Bank of America® Premium Rewards® credit card, for instance, offers a $1,500 minimum credit limit for approved applicants.
Your actual credit limit will be determined based on your credit standing and income, among...
read full answer by Bogdan Roberts, Credit Cards ModeratorDid we answer your question?
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