
For those seeking a powerful tool to manage their finances and get ahead of interest payments, the BankAmericard credit card from Bank of America stands out as a top contender.
This card is expertly designed for individuals who are looking to make a significant purchase or consolidate existing debt without the pressure of accruing immediate interest. With one of the longest introductory APR periods on the market, the BankAmericard offers a crucial window of opportunity to take control of your balances and save money.
Key Benefits of the BankAmericard
- Exceptional 0% Introductory APR: Enjoy a 0% introductory APR for an impressive 18 billing cycles on both new purchases and any balance transfers made within the first 60 days of opening your account. This extended period allows you to pay down large purchases or consolidated debt without interest.
- No Annual Fee: Keep more money in your pocket. The BankAmericard has no annual fee, making it a cost-effective choice for managing your finances.
- No Penalty APR: A late payment won’t automatically trigger a higher interest rate. While it’s always best to pay on time, this feature provides a valuable safety net.
- Free FICO Score Access: Stay on top of your credit health. As a cardholder, you can access your FICO Score for free, updated monthly, through your online banking or mobile app.
- $0 Liability Guarantee: Shop with confidence knowing you’re protected against fraudulent transactions. You will not be held responsible for unauthorized charges.
- Contactless Technology: Enjoy the speed and security of tap-to-pay with your chip-enabled card at millions of locations worldwide.
- Robust Digital Tools: Manage your account anytime, anywhere with Bank of America’s online and mobile banking, which includes customizable alerts to help you stay on track.
- Museums on Us Program: On the first full weekend of every month, enjoy free general admission to over 225 cultural institutions across the U.S. with your BankAmericard.

Who Can Apply?
To apply for the BankAmericard, applicants should generally meet the following criteria:
- Credit Score: It is recommended that applicants have a good to excellent credit score, typically a FICO score of 670 or higher.
- Age: You must be at least 18 years old.
- Residency: Applicants must be U.S. residents.
- Identification: A valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) is required.
- Income: You will need to provide information about your income and employment status.
- Application Rules: Be mindful of Bank of America’s application frequency rules, which may affect your eligibility if you have recently opened multiple credit cards with the bank.
How to Apply
Applying for the BankAmericard is a straightforward process that can be completed online.
- Visit the Bank of America Website: Navigate to the official BankAmericard® application page.
- Check for Pre-qualification: It’s recommended to use Bank of America’s pre-qualification tool. This allows you to see if you are likely to be approved for the card with no impact on your credit score.
- Complete the Application: Fill out the secure online application with your personal, contact, and financial information.
- Review the Terms and Conditions: Carefully read and agree to the card’s terms, including the rates and fees, before submitting.
- Submit and Await a Decision: After submitting your application, you will often receive a decision within minutes.
Frequently Asked Questions
- What is the main benefit of the BankAmericard?
The standout feature of the BankAmericard is its long 0% introductory APR period of 18 billing cycles for both new purchases and balance transfers made in the first 60 days. This makes it an excellent tool for financing a large purchase or paying down existing high-interest debt. - Does this card offer rewards?
No, the BankAmericard does not offer a rewards program like cash back or travel points. Its primary focus is on providing a lengthy interest-free period to help you save on interest charges. - What are the balance transfer fees?
For balance transfers made within the first 60 days of account opening, there is an introductory fee of 3% of the transfer amount. After the first 60 days, the fee for all future balance transfers is 4%. - Is there a foreign transaction fee?
Yes, the BankAmericard has a foreign transaction fee of 3%. This means it may not be the ideal card for making purchases outside of the United States.