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The BankAmericard® credit card is unavailable on The Ascent. All information was collected independently and not reviewed for accuracy or provided by the credit card issuer. Some items may be out of date.
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 personal finance goals.
BankAmericard® credit card
Good/Excellent (670-850)
Intro APR 0% Intro APR for 18 billing cycles for purchases. 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% - 26.24% Variable APR on purchases and balance transfers will apply. A 3% fee applies to all balance transfers.
Purchases: 0% Intro APR for 18 billing cycles for purchases
Balance Transfers: 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days
Regular APR
16.24% - 26.24% (Variable)
Rewards
N/A
Annual Fee
$0
Welcome Offer
N/A
Few cards in this category can compete with this offers long 0% intro APR offer.
This credit card is a good fit for: Cardholders who want to finance purchases or transfer credit card debt to pay off over time.
This is a no annual fee credit card, so if saving a little extra money is important for your budget, this might be a good fit.
The BankAmericard® credit card has a lengthy 0% APR offer. You can get 0% Intro APR for 18 billing cycles for purchases. This card also offers 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days, after which the go-to rate of 16.24% - 26.24% (Variable) APR applies. This generous no-interest offer could help you save money on credit card interest charges.
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.
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 helpful. The score is updated every billing cycle and can be accessed in the issuer's online banking portal or mobile app.
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.
The BankAmericard® credit card includes contactless chip technology, allowing cardholders to tap and pay at eligible retailers.
The card's 3% balance transfer fee is common in this category, but it is a fee, nonetheless.
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.
Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.
Read more: Best Bank of America Credit Cards
The 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 indicate that applicants should have a FICO® Score of at least 670 to be considered.
It's important to know that a credit score is not the only measure issuers use when deciding whether to issue you a card. Credit utilization matters greatly, as does a history of paying statements on time and hopefully in full.
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:
For more options, review our picks for the best balance transfer credit cards to see if one is right for you.
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
The credit limit varies by consumer and depends on several factors, including income, credit score, payment history, and other criteria used by Bank of America.
Yes, you can use the BankAmericard® credit card internationally. However, it carries a 3% foreign transaction fee. You can avoid these fees while traveling abroad by using a credit card with no foreign transaction fees.
No, the BankAmericard® credit card is not metal.
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The Motley Fool owns shares of and recommends Mastercard.