No Annual Fee
Low Interest
Balance Transfer
Intro APR
No Penalty APR
Excellent Credit
Good Credit
Bank of America® BankAmericard®
Bank of America · Mastercard
Annual Fee
$0.00
Rewards Rate
N/A
Intro Offer
N/A
Issuer
Bank of America
Network
Mastercard
Regular APR
15.24% - 25.24%
Credit Score
690 - 850 (Good - Excellent)
Pros
- No annual fee
- 0% introductory APR for 18 months on purchases and balance transfers
- No penalty APR for late payments
- Ongoing APR is relatively low compared to many competitors
- Competitive balance transfer fee for the intro period
Cons
- No rewards program
- Limited benefits outside of the introductory APR period
- Not ideal for international use due to a 3% foreign transaction fee
- Requires good to excellent credit for approval
- Minimal perks beyond the APR offer