Bank of America Mastercard

Bank of America’s World Mastercard credit cards are the Norwegian Cruise Line Credit Card, the MLB Credit Card, the Amtrak Credit Card, the Sonesta Credit Card, the Business Advantage Travel Rewards World Mastercard, the Allegiant World Mastercard, and the Spirit Airlines World Mastercard. Cardholders receive World Mastercard benefits such as travel insurance, special privileges at certain hotels, 24/7 assistance and more.

World Mastercards also have purchase protection, which is insurance for things you buy with your card. In addition, you’ll get extended warranties and price protection on eligible items you purchase with a World Mastercard. Lastly, there are benefits that deal with special experiences. For example, you can get VIP access to exclusive events.

Keep in mind that credit card benefits provided by a card network, such as Mastercard, are not necessarily on every credit card in that network by default. In other words, not every World Mastercard will have all the World Mastercard benefits. Ultimately, the card issuer – in this case, Bank of America – decides which cards get which benefits. So it’s best to refer to the benefits guide that was mailed with your card.

Bank of America issues credit cards on both the Visa and Mastercard card networks.

The only real difference that stands between Visa and Mastercard is that your card works on the payment network that the company operates. A Visa card won't work on Mastercard's network, and vice versa. Ultimately, any other differences in cards come from the specific card you have.

Bank of America World Mastercard benefits include rental car insurance, extended warranty coverage, and price protection for up to 120 days. Cardholders with a BofA World Mastercard also get travel insurance for trip cancellations, trip interruptions, and trip delays. These cards come with ID theft alerts and ID resolution services, too.

Each of the Bank of America World Mastercard credit cards that are available will have similar benefits, but it’s possible that not all of the cards will offer every benefit named above. This is partly because the cards are often co-branded with an airline, cruise line, or other partner company. To determine which benefits are included, refer to the benefits guide that came with your World Mastercard, use the chat function on the BofA website, or call 1-800-592-4089.

The Bank of America Mastercard foreign transaction fee is either 3% or 0% of all international transactions, depending on your card. At 3%, the Bank of America foreign transaction fee is too steep for anyone planning to make international purchases, but the cards that charge it are meant more for everyday spending than travel.

The most popular Bank of America no-foreign-transaction-fee Mastercards are co-branded: the Amtrak Credit Card, the Air France KLM Credit Card and the Virgin Atlantic Credit Card.

The bank's general travel cards, including the Bank of America Travel Rewards credit card and the Bank of America Premium Rewards credit card, do not carry foreign transaction fees, but they're Visa credit cards. Worldwide acceptance is pretty much the same, however, they're better suited for occasional travelers or people who spend on many different categories. 

The Bank of America Mastercard benefits are the following:

Zero liability: waives the $50 maximum liability to cardholders for fraudulent charges
Mastercard Global Service: emergency assistance including card replacement and cash advances if your wallet or card is lost or stolen
Identity theft resolution service.
Price protection: you can be reimbursed if an eligible purchase experiences a price drop within 60 days of purchase.
Extended warranty: doubles the manufacturer’s warranty for periods of up to 12 months on eligible purchases
Rental car insurance: reimburses you in case of damage or theft up to the cash value of most rental vehicles.

The guide to benefits that was sent to you with your credit card contains all the benefits details. If you need to obtain a copy of your benefits guide, please call the number on the back of your credit card.

A Bank of America corporate Mastercard is a special type of business credit card account that’s issued to a corporation (generally one with $10+ million in annual revenue), rather than an individual representing a business. As a result, individuals are not liable for corporate credit card debt, unlike balances on traditional business credit cards.

To get a Bank of America Mastercard securecode contact your transaction processor to confirm that they support the Mastercard SecureCode program.

If they do, install a Mastercard SecureCode compliant "plug-in" application on your site. Test your site with Mastercard to ensure that SecureCode is working properly.

You can display the Mastercard SecureCode logo to let your customers know that you are working to secure online shopping.

The Bank of America Mastercard rewards program works differently, based on what Bank of America Mastercard credit card you own. You can get additional information on the reward programs at the following links:

• Air France KLM Flying Blue
• Amtrak Guest Rewards®
• Norwegian Cruise Line®
• Sonesta Travel Pass
• Spirit Airlines Free Spirit™
• Virgin Atlantic Flying Club

To get the Bank of America Mastercard travel insurance, you need to charge the travel expenses on your Bank of America Mastercard credit card, which may include your tickets, prepaid accommodation and other prepaid items.

There are six different types of Bank of America Mastercard travel insurance available:

• Travel accident insurance;
• Trip cancellation/interruption insurance;
• Trip delay insurance;
• Insurance for lost or delayed baggage;
• Rental car insurance.

While your included insurance may be pretty comprehensive, it might not cover absolutely everything. Make sure you understand what isn’t covered by reading the insurance exclusions in the terms mailed with your credit card.

Standard Mastercards only give a mere $100 in travel accident insurance and $100 in trip interruption/delay insurance. Aside from that, they offer the regular baggage delay insurance and rental car insurance amounts.

You can quickly check your Bank of America Mastercard balance on bankofamerica.com or on your mobile device.

Sign in to online banking and select your credit card account. In addition to checking your balance, you can:

• Get a summary of your current account status, including balance, available credit and information on when your next payment is due
• Request up to 12 months of detailed transaction information
• Download transactions for use with financial management software
• Make a payment online
• Contact customer service

On your mobile device, sign in to the mobile banking app and select your credit card account, or you can set up the My Balance feature to view account balances without signing in to the app.