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BankAmericard Review: Among the Longest Intro APR Offers

Many or all of the products here are from our partners that pay us a commission. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

The BankAmericard® credit card is a good fit for cardholders who want to pay off debt quickly or avoid interest on purchases while taking advantage of the 0% intro APR offer. Our BankAmericard® credit card review will take a closer look at the strengths and weaknesses of this credit card to help you decide if it's the right card for your financial goals.

Rating image, 5.00 out of 5 stars.
5.00 stars
Info Icon Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor

Credit Score:
Good/Excellent (670-850) Info Icon Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Apply Now for BankAmericard® credit card

On Bank of America's Secure Website.

Intro APR Info Icon Circle with letter I in it. 0% intro APR for 21 billing cycles for purchases, and for any balance transfers made within the first 60 days. After the intro APR offer ends, 15.74% - 25.74% variable APR will apply. A 3% fee (min $10) applies to all balance transfers.

Purchases: 0%, 21 billing cycles

Balance Transfers: 0%, 21 billing cycles

Regular APR

15.74% - 25.74% (Variable)

Rewards

N/A

Annual Fee

$0

  • Few cards in this category can compete with this offers long 0% intro APR offer.

    • No annual fee
    • FICO® Score for free
    • No penalty APR
    • Great 0% intro APR offer
    • No rewards
    • Balance transfer fee
    • 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, 15.74% - 25.74% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
    • No annual fee.
    • No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
    • Access your FICO® Score for free within Online Banking or your Mobile Banking app.
    • Contactless Cards - The security of a chip card, with the convenience of a tap.
    • 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.
BankAmericard® credit card
Apply Now for BankAmericard® credit card

On Bank of America's Secure Website.

Full BankAmericard review

This credit card is a good fit for: Cardholders who want to finance purchases or transfer credit card debt to pay off over time.

Top perks

0% Intro APR

Many competing 0% intro APR cards offer either a long 0% intro APR for purchases or for balance transfers, but typically not both at the same time. This card offers both, with a 0% intro APR for 21 billing cycles on purchases and balance transfers made within 60 days. We list this perk first, as it's the truly unique offer for this card that stands out in a crowded marketplace.

No annual fee

This is a no annual fee credit card, so if saving a little extra money is important for you budget, this might be a good fit.

No penalty APR

It's common for credit card issuers to slap late-paying cardholders with a raised or penalty APR. This one says that a tardy remuneration won’t automatically hike a customer’s APR, so cardholders shouldn’t have a heart attack if they aren’t timely with a payment.

FICO® Score for free

An increasingly common perk in the credit card world, the FICO® Score for free is nevertheless a fine benefit BankAmericard® credit card holders will find useful. The score is updated every billing cycle, and can be accessed in the issuer’s online banking portal, or through its mobile app.

$0 liability guarantee

Bank of America helps to ensure that you (or your family/associates) will be the only entity shopping with the card. The issuer’s $0 liability guarantee covers fraudulent purchases made by bad guys using your digits.

Contactless capabilities

The BankAmericard® credit card includes contactless chip technology, allowing cardholders to tap and pay at eligible retailers.

Alternatives to consider

  • If you want a long 0% intro APR offer and no late payment fee: The Citi Simplicity® Card offers a 21-month 0% intro APR period on balance transfers and includes no late payment fee.
  • If you want to earn rewards and save on interest charges: The Discover it® Balance Transfer allows you to secure a long 0% intro APR offer (the go-to variable rate applies after the 0% intro APR expires), and some real cash back.

Learn more: Best Bank of America Credit Cards

As of Dec. 02, 2022
Image for
Image for
Image for
BankAmericard® credit card Citi Simplicity® Card Discover it® Balance Transfer
Rating image, 5.00 out of 5 stars.
5.00 stars
Info Icon Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Rating image, 4.50 out of 5 stars.
4.50 stars
Info Icon Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Rating image, 5.00 out of 5 stars.
5.00 stars
Info Icon Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Apply Now for BankAmericard® credit card

On Bank of America's Secure Website.

Apply Now for Citi Simplicity® Card

On Citi's Secure Website.

Rates & Fees

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Credit Rating Requirement:

Good/Excellent (670-850) Info Icon Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Welcome Offer:

Welcome Offer: Info Icon Circle with letter I in it. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening.

Lower intro balance transfer fee

Welcome Offer: Info Icon Circle with letter I in it. Discover will match all the cash back you’ve earned at the end of your first year.

Cashback Match

Rewards Program:

N/A

Rewards Program:

N/A

Rewards Program: Info Icon Circle with letter I in it. 5% cash back at different places each quarter up to the quarterly maximum when you activate. 1% unlimited cash back on all other purchases - automatically

1% - 5% Cashback

Intro APR: Info Icon Circle with letter I in it. 0% intro APR for 21 billing cycles for purchases, and for any balance transfers made within the first 60 days. After the intro APR offer ends, 15.74% - 25.74% variable APR will apply. A 3% fee (min $10) applies to all balance transfers.

Purchases: 0%, 21 billing cycles

Balance Transfers: 0%, 21 billing cycles

Intro APR:

Purchases: 0%, 12 months

Balance Transfers: 0%, 21 months

Intro APR:

Purchases: 0%, 6 months

Balance Transfers: 0%, 18 months

Regular APR:

15.74% - 25.74% (Variable)

Regular APR:

17.74% - 28.49%

Regular APR:

15.74% - 26.74% Variable APR

Annual Fee:

$0

Annual Fee:

$0

Annual Fee:

$0

Highlights:

  • 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, 15.74% - 25.74% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers.
  • No annual fee.
  • No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
  • Access your FICO® Score for free within Online Banking or your Mobile Banking app.
  • Contactless Cards - The security of a chip card, with the convenience of a tap.
  • 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.

Highlights:

  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 17.74% - 28.49%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is an introductory balance transfer fee of $5 or 3% of the amount of the transfer, whichever is greater, for balance transfers completed within 4 months of account opening.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges

Highlights:

  • INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.
  • Every $1 you earn in cash back is $1 you can redeem.
  • No annual fee.
  • Click "Apply Now" to see terms and conditions.
Apply Now for BankAmericard® credit card

On Bank of America's Secure Website.

Apply Now for Citi Simplicity® Card

On Citi's Secure Website.

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What could be improved

Balance transfer fee

The card's 3% ($10 min.) balance transfer fee is common in this category but it is a fee, nonetheless.

Rewards

This card is a fairly no-frills product, which is part of its appeal, but it would be nice if purchases earned points or miles. Such programs are a magnet for credit card holders, who like that their purchases generate earnings.

Find the best credit card for your needs

Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.

Suggested credit score

BankAmericard® credit card is intended for those with good to excellent credit, although those with relatively modest scores may qualify if they have a good credit history.

The issuer does not publicize the specific credit scores that would entail; anecdotal evidence and evaluations from around the web seem to indicate that applicants should have a FICO® Score of at least 670 to be considered.

It nearly goes without saying -- but we’ll say it anyway -- that a credit score is not the only measure issuers use when deciding to issue you a card. Credit utilization matters greatly, as does a history of paying statements on time and hopefully in full.

The BankAmericard is right for you if:

BankAmericard® credit card is a clear leading pick in its category. Simply put, few cards we've come across can match the feature set of the intro APR offer, no annual fee, and no-penalty APR. These are strong inducements for several types of credit card customers:

  • You're worried about making payments on time and need the flexibility of a card with no penalty APR.
  • You have a need now, or in the very near future, to buy something and want to avoid paying interest on a large purchase. Opening a BankAmericard® credit card account, then making this purchase immediately would allow the customer to gradually pay it back over the intro APR period without incurring any interest charges.

For more options, take a look at our picks for the best balance transfer credit cards to see if one is right for you.

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