Bank of America Credit Cards

The Bank of America foreign transaction fee is 3% or 0% of all international transactions, depending on the BofA card. There are 9 Bank of America credit cards with no foreign transaction fees, including the Bank of America® Premium Rewards® credit card and the Bank of America® Travel Rewards credit card.

Those no foreign fee BofA cards clearly are a better choice for international spending than the ones with a 3% surcharge for everything you buy abroad. That’s actually one of the highest foreign fees on the market. So international shoppers need to be careful when picking a Bank of America credit card and perhaps consider cards from other issuers too.

• Some Bank of America credit cards have a 3% foreign transaction fee.
• Other Bank of America credit cards have no foreign transaction fee.
• Foreign transaction fees can apply when you travel abroad or make online purchases from foreign merchants.

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 good news is there are a handful of foreign fee-less alternatives.

1. Bank of America® Premium Rewards® credit card: Biggest Bonus
2. Bank of America® Travel Rewards credit card: No Annual Fee
3. Alaska Airlines Credit Card: Best Airline Rewards
4. Bank of America® Travel Rewards Credit Card for Students: Best Student Card

Plus, more and more cards from other issuers are shedding their foreign fees. So you can shop around for the best deal.

To cancel a Bank of America credit card, call the bank at 800-732-9194 and enter your account number, Social Security number or telephone access ID when prompted. Then choose the option to speak to a customer service representative and tell the representative that you want to close your account. The representative may try to keep you as a customer by offering some kind of retention offer (such as a special bonus), but you can decline and have them close the account anyway.

Another way to close your Bank of America credit card account is to visit a branch location in person. Or you can send a written request with your credit card number to: Bank of America / P.O. Box 982234 / El Paso, TX 79998-2234.

Keep in mind that canceling your Bank of America credit card may lead to a drop in your credit score, especially if it’s an old account. You can see how closing the card is likely to impact your score using WalletHub’s free credit score simulator.

There is only one Merrill business card, the Merrill Business Credit Card. This card offers 1 point per $1 spent on all purchases. Points are worth 1.5 cents each. When you’ve earned a minimum of 3,000 points, you’ll be eligible to receive rewards in the form of a check or a direct deposit into an eligible Bank of America or Merrill Edge account. The card’s annual fee is: None.

The Merrill Business Credit Card stacks up favorably against other BofA business cards in some categories. However, it lags far behind on others. It requires excellent credit in order to be approved, the same as all other Bank of America business credit cards. But there’s no initial bonus or low introductory APR, and it offers far less in rewards.

One good alternative is the Business Advantage Travel Rewards World Mastercard® Credit Card, which offers 3 points / $1 spent on travel booked through the Bank of America Travel Center and 1.5 points / $1 on all other purchases. There’s also a bonus of 30,000 points when you spend $3,000 in the first 90 days. Similarly, the Business Advantage Customized Cash Rewards Credit Card gives 1 - 3% cash back on select purchases and has a $300 bonus for spending $3,000 in the first 90 days.

To get a Bank of America credit card without an SSN, go to a Bank of America branch to apply in person or call 800-932-2775. Applicants with no Social Security number cannot apply for a BofA credit card account online, and they must have an Individual Taxpayer Identification Number when applying in person or by phone. In addition, the only cards you’ll be able to apply for without an SSN are the Bank of America Cash Rewards and Travel Rewards cards.

You’ll need to fulfill Bank of America’s normal eligibility requirements to be approved for a credit card, too. Applicants must be at least 18 years old and must agree to a hard credit pull on their credit report. During the application process, you’ll also be asked for your annual income, source of income, and date of birth. If you’re opening the account in person, you’ll have to bring two forms of ID as well, such as a passport and a driver’s license.

Yes, Bank of America does have credit cards with no annual fee. The best Bank of America credit card with a $0 annual fee is the Bank of America Travel Rewards credit card, which offers 1.5 points per $1 on purchases and an intro bonus of 25,000 points for spending $1,000 in the first 90 days.

Best Bank of America Credit Cards With No Annual Fee

• Bank of America® Travel Rewards credit card
• Bank of America® Customized Cash Rewards credit card
• BankAmericard® credit card
• Bank of America® Travel Rewards Credit Card for Students
• Bank of America® Customized Cash Rewards Credit Card for Students

A Bank of America card with a $0 annual fee will save you around $19 each year, compared to the average credit card offer. You shouldn’t completely rule out cards with annual fees, however. If you use enough perks and make enough purchases on a rewards card with an annual fee, the rewards can more than make up for the cost of having the card.

For more $0 annual fee credit card suggestions, try WalletHub’s CardAdvisor tool or create a WalletHub account to get free, personalized credit card recommendations.

You can check your Bank of America credit card status online. Unfortunately, there is no Bank of America credit card status phone number. But if you have trouble checking online, you could try to call customer service at (800) 732-9194.

In order to see whether your application is approved, denied or still pending, you’ll need to give some basic personal information like your zip code and the last four digits of your Social Security number. This ensures that Bank of America can match you to your application. You can check your application status as often as you like, as it’s free and quick.

How to check your Bank of America credit card status:

1. Go to Bank of America’s application status page.
2. Enter your last name, date of birth, last four digits of your Social Security number and zip code.
3. Click “Submit.”

You’ll now be able to see any applications you’ve submitted and whether they have been approved or denied yet. If your application is still pending, don’t worry. It may take up to 30 days from when you submitted your application to receive a decision. If you are approved, you can expect your card in 7-10 business days. But if you’re denied and think you can justify why you should be approved, you can call customer service and ask for reconsideration. 

All Bank of America credit cards are Chip-and-PIN-enabled. To determine which Bank of America credit card to get, start by checking your credit score.

After getting your credit score and determining which cards you can qualify for, it’s important to compare fees, interest rates, perks and more. The best credit card for you will depend on the types of perks you value, as well as the fees and interest rates that are affordable to you.

Use the filters on this page to narrow down your choices and determine the best Bank of America credit card for you.

There are six types of Bank of America travel insurance: trip delay insurance, trip cancellation/interruption insurance, travel accident insurance, baggage delay insurance, baggage loss insurance and rental car insurance. Not every BofA card will include every type of Bank of America travel insurance. And the BofA website does not give specific information about travel insurance for each card. You’ll have to call customer service about the individual card you’re interested in.

In addition, some Bank of America credit cards are on the Visa network and some are Mastercards. So the coverage levels may differ there as well. Just remember that in all cases you must have paid for the trip using your card.

Types of Bank of America Travel Insurance:

• Trip delay insurance: Reimburses you when a trip starts late because of things you can’t control (bad weather, mechanical breakdowns, etc.).
• Trip cancellation/interruption insurance: Pays out when your trip ends early or gets cancelled because of something out of your control. Reasons include sickness and death of a family member.
• Travel accident insurance: Reimburses you if someone in your party is killed or seriously injured by a travel provider.
• Baggage delay/loss insurance: Pays you when a travel provider loses your baggage, damages it or sends it late. Some items are excluded, like medical equipment, documents and animals.
• Rental car insurance: Reimburses you in the event of collision damage or theft. Certain car types and driving situations are excluded.

If you’re looking for a Bank of America credit card with travel insurance, consider either Bank of America Travel Rewards or Bank of America Premium Rewards. The Travel Rewards card gives up to $250,000 in travel accident insurance. It also offers rental car insurance and lost luggage insurance.

The Premium Rewards card has up to $1 million in travel accident insurance. And it gives insurance for rental cars as well as cancelled, delayed and interrupted trips. There’s coverage for delayed and lost baggage, too.

Bank of America Travel Rewards rental car insurance covers damage, theft, loss of use and towing charges for any rental car paid for with the BofA Travel Rewards card. It’s a free benefit that pays up to the actual cash value of a rented vehicle. To get coverage, the cardholder must decline the rental agency’s insurance and pay for the entire rental with the Travel Rewards card. The benefit covers domestic rentals up to 15 consecutive days. It’s 31 days for rentals in another country. Coverage does not apply to vehicles rented in Israel, Jamaica, Northern Ireland and the Republic of Ireland.

Bank of America does not directly provide the rental car insurance on its cards. The Visa and Mastercard networks actually administer this benefit on all Bank of America credit cards. Your coverage depends on which network the card is on. For example, the Bank of America Travel Rewards card is a Visa Signature card. As such, it comes with Visa Signature’s car rental insurance.

Bank of America Travel Rewards rental car insurance does not cover certain types of vehicles and situations. For example, the benefit covers only the rented vehicle. It does not cover damage to other vehicles, property or personal injuries. Coverage also does not apply to cargo vans, trucks, motorcycles or several other types of vehicles. And you won’t be covered for any damages caused by drunk or reckless driving, among other situations.

The Bank of America credit card payment address is:

P.O. Box 15019
Wilmington, DE 19850

When paying Bank of America credit card bills by mail, be sure to submit either a check or money order for the payment amount. Bank of America does not accept cash.

Tips for Mailing Bank of America Credit Card Payments

• Include your credit card number on your payment to avoid processing delays.
• Allow enough time for Bank of America to receive your payment on or before the due date, or it will be considered late.
• Send your payment via overnight mail, if necessary. The Bank of America overnight payment address is:

Attn: Payment Processing
DE5-023-03-02
900 Samoset Drive
Newark, DE 19713

Credit card payments by mail take the longest to process of all the available payment methods. Alternatively, you can submit a payment from your online account, through the Bank of America mobile app, or by calling customer service at 1 (800) 732-9194. Bank of America also allows in-person payments at local Bank of America branches. Refer to your card’s terms and conditions or cardmember agreement for any additional locations that accept in-person payments.