Low balance transfer intro APR for 21 billing cycles
Low purchase intro APR for 21 billing cycles
No annual fee
Balance transfer fee of 3% (min $10)
Very high regular APR
Excellent credit required
BankAmericard credit card Review
John Kiernan
4.0 / 5
The BankAmericard credit card is a very good 0% credit card that's worthwhile for people with excellent credit who can benefit from interest-free financing for the first 21 billing cycles on new purchases as well as balance transfers made in the first 60 days. The BankAmericard credit card does not... show more
New longer intro period! 0% Introductory APR for 21 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% - 26.24% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
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No annual fee.
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No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
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Access your FICO® Score for free within Online Banking or your Mobile Banking app.
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Contactless Cards - The security of a chip card, with the convenience of a tap.
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This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
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The best BankAmericard credit card benefit is an introductory APR of 0% for 21 billing cycles for purchases, coupled with 0% for 21 billing cycles for any balance transfers made in the first 60 days. Plus, apart from $0 fraud liability guarantee, some cardholders may also get several other benefits like price protection and extended warranty.
Here are some of the best BankAmericard credit card benefits:
Introductory purchase APR:0% for 21 billing cycles. After the introductory period is over, remaining balances are subject to the card's regular APR of 16.24% - 26.24% Variable (based on creditworthiness).
Introductory balance transfer APR:0% for 21 billing cycles for any balance transfers made in the first 60 days. Balance transfers are subject to a 3% (min $10). Once the intro period is over, remaining balances are subject to the card's regular APR of 16.24% - 26.24% Variable (based on creditworthiness).
$0 annual fee:$0 extra costs just for having the card.
Extended warranty: Lengthens the original manufacturer's warranty for eligible items. For more extended warranty details, you can consult your benefits guide or call the number on the back of your card to request a copy. Keep in mind that extended warranty is not guaranteed with this card and not all cardholders may have this benefit.
Price protection: Reimburses the difference up to a set amount between the purchase price of an item and a lower price advertised within a specific time frame. For more price protection details, you can consult your benefits guide or call the number on the back of your card to request a copy. It is worth noting that price protection is not guaranteed with this card and not all cardholders may have this benefit.
$0 fraud liability: You won't be held responsible for unauthorized charges made with your card or account information.
Digital wallet options: You can add your BankAmericard credit card to your mobile device and shop in-store or in-app using a variety of digital wallets.
BankAmericard credit card is primarily designed as an option for those looking to finance their purchases or transfer existing debt.
The BankAmericard® credit card is a Mastercard, not a Visa. You can use your BankAmericard credit card at nearly 11 million merchants that accept Mastercard nationwide, and you can use it abroad in more than 200 countries and territories.
There are a few differences between Visa and Mastercard...
The BankAmericard® credit card credit score requirement is at least 750. That means people with excellent credit have a shot at getting approved for the BankAmericard credit card.
Other factors to consider when applying for the BankAmericard credit card:
Yes, the BankAmericard credit card has an introductory purchase APR of 0% for 21 billing cycles after account opening. Once this intro period expires, any remaining balance on the BankAmericard credit card will be subject to the regular APR of 16.24% - 26.24% Variable.
The BankAmericard credit card credit limit will vary based on each applicant's creditworthiness, with many cardholders reporting initial credit limits 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.
The BankAmericard® credit card foreign transaction fee is 3%. This means Bank of America will add a 3% surcharge anytime you use the BankAmericard® credit card outside of the United States. The 3% fee also applies to online purchases made through an internationally-based merchant.
Your BankAmericard credit card approval odds are good if your have excellent credit (a credit score of 750+). It's also important to have a high annual income and little existing debt. Bank of America will also review several other key criteria, too, including the applicant's payment history, employment status,...
The BankAmericard credit card has a grace period of at least 25 days, lasting from the end of each billing cycle until the payment due date. If cardholders pay their BankAmericard credit card statement balance in full every month, Bank of America will not charge any interest.
The BankAmericard credit card does not offer rental car insurance. But there are other Bank of America cards that do have this benefit, which covers physical damage and theft of a rental vehicle, reasonable towing costs, and any valid loss-of-use charges from the rental agency. Cardholders are covered up to...
Your BankAmericard balance transfer limit will be a portion of your entire credit limit. And as credit limits are individualized, there isn't a general balance transfer limit. You can look up yours on your monthly statement or by calling Bank of America's customer service department at 800-732-9194.
Share your insights and review the BankAmericard® credit card
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39%
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3.7
610 reviews
610 reviews
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Melissa C @Mchang12388
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1 Star Rating
I really don’t even want to give one star on it. A fraudulent credit card application was submitted online and despite reporting that this was a fraudulent activity, they insisted upon sending a free credit report to the address that was used to create the fraudulent application. Even if you were to do this properly, your information is not protected with this company.
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trevornhumphrey @trevornhumphrey
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1 Star Rating
We missed a payment and got charged with a late fee. Our fault, but first time, I figured it would be forgiven. So I called, and was told NO because of some program/system they have. Their program/system take into consideration all the things (they say) but they couldn't tell me why they couldn't reverse the late fee. Time to close this account.
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Rick Woods @Woodsrick479
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1 Star Rating
This card does not allow you to freeze your card while trying to sort out fraudulent charges. You can only dispute by phone. Wait times to dispute a charge are long and customer service is not very helpful. I was a thirty year card holder and finally had enough and canceled.
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Tom Harbart @Etbart
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1 Star Rating
Beware of Promotional APR offers!!
I've been a loyal customer of Bank of America for over 15yrs and I decide a few months ago to take advantage of a promotional 0% APR check they sent me in the mail. I'm doing some remodeling of my house and wanted to use this for a down payment of $7,500. So I used the check and everything was fine. I figured I would pay off my monthly purchases like I have always done minus the $7,500. Then I started getting finance charges on my daily purchases. When I called they stated as long as I had the promotional balance in my account I would be charged interest on my daily purchases! So why would a bank think this would be a benefit to their customers! In 3 months I was charged $154 in interest on my daily purchases even though I paid them off by the end of the month. So this was in the fine print so I asked for them to just credit me my $154 back and I would pay off the 7500 balance since obviously this was not a benefit to me anymore, and they would not. So beware of promotions as they are really not there to help you but find a way to get you to pay interest!
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chrisjmitroka @chrisjmitroka
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2 Star Rating
Verified Customer
This is one of those things you don't realize until it's too late, and your reading posts like this. We also got hit with a late fee because we missed a payment. Our fault, but once in 7 years I figured it would be forgiven. Autopay is nice, but then you skip any kind of audit on expenses. So my wife called, told me they said no. So I thought she was crazy, tried myself. Also a no. Asked to have it escalated to a manager. Manager said there was nothing she could do. After reading this - I believe it; the system must not allow fee reversals. So we're waiting until the final round of rewards posts and cancelling on the 20th. Card was used primarily for gas at 3%, but the Costco card is 4% on gas, so we'd likely have cancelled anyway. The just sealed the deal.
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Beth @bethford37
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1 Star Rating
Verified Customer
I cannot add a new payment method to pay my bill. I have spent hours trying to figure out how. I eventually forgot about it last month but this month I was determined to pay the bill or else. There is no way to do it. None. I am using Chrome and android. I paid all my other cards just fine. This is the only one that makes it impossible to add a new bank account to pay the credit card bill.
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cynthialrice @cynthialrice
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1 Star Rating
The worst ever. My mom had a BoA Visa, she passed away and I called to report her death and cancel. I early paid her final balance due, customer service rep acknowledged she had zero balance due and said that there was nothing else I needed to do. When her final statement processed it showed she owed money even though I had already paid the amount due, 3 phone calls in with 2 hours on phone and they still can’t straighten it out, trying to get the money they think she owes even though would create credit balance on her account.
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annebeck1300 @annebeck1300
Kindly closed the account can do much better or no bank at all
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MJ Imani @mjabbaar913
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1 Star Rating
I have been trying to resolve two credit card disputes with Bank of America for 6 months now where I was charged incorrect amounts by merchants. The process has been convoluted and confusing. I submitted substantial evidence for both claims, have spoken to about 10 reps who have not been helpful. The customer representatives often do not have accurate information. When I request to speak to a manager, I'm rarely put through. My claims continue to be denied despite providing clear evidence and speaking with multiple customer service reps.
It has been made clear throughout this process, that Bank of America does not value protecting the consumer rights of its clients. I will be canceling my credit card and plan to never use their services again after this terrible experience.
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Alex D @observer
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5 Star Rating
In full disclosure, I am a long time Bank of America customer. Not always satisfied with BOA service, but this credit card experience was flawless - instant decision with great credit limit and 0% introductory APR for 18 months as advertised. Highly recommended!
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Barry @bskc
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5 Star Rating
Verified Customer
They definitely deserve 5 stars. Great app. Also, they've raised my available credit every 6 months, by my request, WITHOUT doing a hard credit pull. Citi won't raise me without a hard pull.
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Review BankAmericard® credit card
Expert Thoughts on BankAmericard credit card
We posed the following questions to a panel of experts in order to help lend some context to BankAmericard credit card reviews from WalletHub editors and users, as well as to further inform potential applicants’ card selection overall. You can meet the panel and read their responses below.
Do you think consumers today appreciate the historical significance of the “BankAmericard” brand name?
How much longer can consumers expect credit card offers built around long introductory 0% APR periods to be available?
Is “no penalty APR” really a beneficial feature for people applying for a 0% APR credit card offer?
What are the best and worst ways to use a 0% credit card like the BankAmericard?
Cara Peters Ph.D. – Professor of Marketing at Winthrop University Read More
Geo Kelly Ph.D., Assistant Professor of Marketing, Department of Business & Computer Science, Everett Dobson School of Business and Technology, Southwestern Oklahoma State University Read More
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