It is important to get the right credit card so that you can build or maintain your credit. If you have bank accounts with Bank of America, you have a few options available to you. Here are some of the best Bank of America credit card offers. Finding out about each of them will allow you to make a decision as to which one is the right credit card for you.
The BankAmericard Credit Card is a MasterCard that is appropriate for people who have good to excellent credit. You will have no annual fee for which to be responsible. Enjoy a zero percent introductory APR for the first 18 billing periods on your balance transfers made over the initial 60 days. That amount increases from 11.24 to 21.24 percent thereafter. If you have any other credit cards that have a higher interest rate, you can actually save money on interest when transferring from it to this card. Get access to your free FICO score while doing your banking online or through the mobile app. Overall, this is probably the best Bank of America credit card if you have large balance transfers.
If you travel frequently, the BankAmericard Travel Rewards Credit Card is probably your best bet if you do your banking with Bank of America. This card carries zero annual fees and has no foreign transaction fees. It offers an introductory APR of zero percent for the initial 12 billing periods, with the APR increasing to 15.24 to 23.24 percent afterward. You can earn an unlimited 1.5 points for each dollar spent on purchases anywhere, with no risk of your points expiring. Additionally, you can earn 20,000 bonus points upon making a purchase of at least $1,000 within the first 90 days of opening your account. These bonus points can be redeemed toward a statement of $200 on travel purchases. This credit card was named as the best in the travel rewards category by Kiplinger in 2015.
The BankAmericard Cash Rewards Credit Card has zero annual fees and an initial zero percent APR in the first 12 billing cycles toward purchases and balance transfers within 60 days of opening an account. Thereafter, that amount increases to 13.24 to 23.24 percent, with a three percent fee toward balance transfers. With this card, you can earn $100 in cash rewards following purchases amounting to $500 in the first 90 days of holding it. Get one percent cash back on all purchases, two percent back on grocery purchases and three percent toward wholesale club purchases.
The BankAmericard Better Balance Rewards Credit Card allows you to earn $25 each quarter each time you pay over the monthly minimum. There are no annual fees and the introductory APR is zero percent for the first 12 billing periods on all balance transfers for up to 90 days. Afterward, the APR increases to 12.24 to 22.24 percent, along with a three percent fee on balance transfers. If you also have a savings or checking account with Bank of America, you can earn a $5 bonus each quarter.