BankAmericard® credit card Reviews [2024] | WalletHub (2024)

The best BankAmericard credit card benefit is an introductory APR of 0% for 18 billing cycles for purchases, coupled with 0% for 18 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 18 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 18 billing cycles for any balance transfers made in the first 60 days. Balance transfers are subject to a 3% fee. 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 moreextended warrantydetails, 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 moreprice protectiondetails, 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 ofdigital wallets.

BankAmericard credit card is primarily designed as an option for those looking to finance their purchases or transfer existing debt.

If you want more rewards, the Bank of America® Customized Cash Rewards credit card and the Bank of America® Travel Rewards credit card are better options. Both cards offer attractive bonuses and ongoing rewards. If you're not tied to Bank of America as an issuer, feel free to also check out some ofthe best rewards credit cardson the market.

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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 210 countries and territories.

There are a few differences between Visa and Mastercard credit cards, such as the network-level benefits they offer, but those differences are relatively small. The two card networks have a lot in common, including extensive worldwide acceptance. As a result, it's more worthwhile to compare individual...

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You need a credit score of at least 750 to get the BankAmericard credit card. That means people with excellent credit have a shot at getting approved for the BankAmericard credit card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the BankAmericard credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit...

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Yes, the BankAmericard credit card has an introductory purchase APR of 0% for 18 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.

Since the average 0% intro APR for new purchases lasts 11 months, the BankAmericard credit card offer is above average. The BankAmericard credit card also has a low intro APR for balance transfers, lasting 18 billing cycles for any balance transfers made in the first 60 days. It is accompanied by a balance transfer fee of 3%.

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The BankAmericard credit card credit limit will vary based on each applicant's credit standing. But many cardholders report initial credit limits ranging 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.Just note that the issuer doesn't disclose a minimum or maximum credit limit for this card.

Keep in mind that your credit score is an important factor....

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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 fee also applies to online purchases made through an internationally-based merchant.

To learn more, refer to our guide on foreign transaction fees and our editors' picks for the best credit cards without foreign fees.

Your BankAmericard credit card card approval odds are good if you have a credit score of 750+, which is considered excellent credit. Approval odds for the BankAmericard credit card card will also be influenced by your annual income and existing debts. Applicants will need to be 18+ years old with a U.S. mailing address and an SSN or ITIN, as well.

What You Need for Good BankAmericard credit card Card Approval Odds

• Excellent credit or better+ credit score
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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.

Keep in mind that you are not required to pay the entire balance by the due date. But if you decide to pay less than the full amount due, you will...

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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 up to the actual cash value of the rented vehicle.

To get coverage, a cardholder must pay for the rental entirely with an eligible Bank of...

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The Bank of America balance transfer limit varies depending on the credit card and credit limit you have. Basically, this means that you cannot perform a balance transferexceeding the total available credit on your BankAmericard® credit card. You can look up yours on your monthly statement or by calling Bank of America's customer service department at (800) 732-9194. Keep in mind that balance transfers may not be used to pay off another Bank of America account.

You can check...

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