Does BankAmericard have an over limit fee? This question is about the BankAmericard® credit card

Does BankAmericard have an over limit fee?

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This question is about the BankAmericard® credit card

James D Richard, WalletHub Analyst

@b2bfever • 09/23/19 This answer was first published on 09/23/19. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The BankAmericard over limit fee is $0. If you spend above your available credit limit, your transactions will be declined. You will not be able to make any more purchases until your balance is below the credit limit. Bank of America does not charge a fee or a penalty APR for over the limit transactions.

Some issuers, however, will charge this fee for any transaction that exceeds the credit limit. It’s usually a $25 penalty the first time you exceed the credit limit. It can increase to as much as $35 if you go over the credit limit a second time within the next six months.

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