Bank of America Credit Card 0% for 21 Months
Bank of America offers several credit cards with introductory 0% APR periods, including the BankAmericard® credit card. This card offers 0% introductory APR on purchases for 21 months, after which the standard variable APR applies.
Here are some key features of the BankAmericard® credit card:
Benefits:
- 0% introductory APR on purchases for 21 months: This allows you to save money on interest charges and pay off your balance more quickly.
- No annual fee: You won't be charged a yearly fee for using this card.
- Rewards: Earn 1 point per $1 spent on purchases. You can redeem your points for travel, merchandise, or cash back.
- Travel benefits: Enjoy travel protections like baggage delay insurance and travel accident insurance.
- Security features: Your card is protected with chip technology and online fraud monitoring.
Considerations:
- Variable APR: After the introductory period ends, the APR on purchases is variable and based on your creditworthiness.
- Minimum interest charges: You may still have to pay a minimum interest charge even during the introductory period if you carry a balance.
- Credit limit: Your credit limit will be determined by your credit history and income.
- Late payment fees: If you miss a payment, you may be charged a late payment fee.
Eligibility:
To be eligible for the BankAmericard® credit card, you must meet Bank of America's creditworthiness requirements, which may include:
- Good credit history: You'll need a good credit score to be approved.
- Steady income: Bank of America may consider your income to assess your ability to repay.
- No recent delinquencies: You should not have any recent late payments on other credit accounts.
How to Apply:
You can apply for the BankAmericard® credit card online, over the phone, or at a Bank of America branch.
Important note: The information provided here is for general knowledge only. It's recommended to visit the Bank of America website or contact a Bank of America representative for the most up-to-date terms and conditions.
