Bank of America has a wide range of credit cards. Their BankAmericard is a well-rounded choice for a user looking for an easy-to-use card. These days, there are a ton of credit cards on the market with a wide range of frills. But sometimes, you need a card that is safe to use and does exactly what it is designed to do: give you credit to use when you don't want to use cash.
Every option a credit card has or doesn't have affects what the credit card company offers. If a credit card doesn't have an annual fee, then maybe the interest rate is higher. Or a credit card may have a high interest rate but an amazing rewards program. Or maybe it has no interest for a year.
Make sure you look into the details of any card you are considering applying for and that it is suited to your lifestyle needs. We're going to tell you about BankAmericard, a safe, reliable card without annual fees that offers a special interest rate for new cardholders.
What are the Benefits of a BankAmericard Credit Card
BankAmericard proves to be a reliable option for many cardholders. For one, you can get one without spending too much. You do not have to pay yearly fees, making this MasterCard an affordable choice for many people. In terms of savings, you can rely on this card for more worthwhile banking.
Aside from being reliable, the bank also took the time to ensure this card was secure. You do not have to worry about fraudulent transactions because the bank recognizes and analyses patterns and blocks abnormal activity from your card. Should any of these unauthorized transactions fall through, worry not because you are covered with the $0 Liability Guarantee.
Security measures in place include chip cards, paperless options, digital wallet integration, and mobile and online banking services.
Also Read: How to Apply for a Bank of America Travel Rewards Credit Card
What are the Fees for the BankAmericard Credit Card
BankAmericard does not have an annual fee. It also offers an introductory annual percentage rate of 0% for the first fifteen statement closing dates after the card issuance. After, you will be charged an APR of 14.99% to 24.99%, depending on your credit status. Remember that any cash advances, whether direct deposit or check cash advance, will be charged USD 10 or 3% of the transaction amount. Late payments are also penalized for up to $38.
Annual Fee: $0
Interest: 0% for the first 15 statements and 14.99% to 24.99% depending on your credit score.
Cash Advance: 3% or $10 minimum
Late Fee: $38
How to Apply for a BankAmericard Credit Card
Applying for a BankAmericard is easy, but keep a few things in mind. You must be at least 18 years of age and a legal resident of the US. Ensure you provide documents showing your name, residential status, address, date of birth, and signature. You must also provide your social security number, a valid email address, and a contact number. Moreover, prepare financial documents such as income statements and employment information.
To submit your application, you can visit their website and fill out their online form or visit a branch near you. While you’re at it, keep in mind that credit cards such as BankAmericard have credit limits that can be determined based on your credit status.
How to Contact BankAmericard
Head office
Bank of America Corporate Center,
100 North Tryon Street
Charlotte, NC 28255.
Telephone: 1-800.932.2775
Note: There are risks when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
