BankAmericard® Review

Chip Paypass MasterCard
BankAmericard®: Interest rates, credit limits, cashback, and bonuses. Learn about the conditions for obtaining the card, registration and options for receiving it online or at a branch. Discover its features.
1000 - 50000 $
Credit Limit
16.24 - 26.24 %
APR

Details

General Info
Required documents Required documents
SSN
APR APR
16.24 - 26.24 %
Credit Limit Credit Limit
1000 - 50000 $
Interest rates
APR for Cash Advances APR for Cash Advances
29.24 %
Do I fit in?
Credit Score Credit Score
670
Age Age
from 19 years
Fees
Balance Transfers Balance Transfers
3 %
Cash Advances Cash Advances
6 %
Annual Fee Annual Fee
0 %
Foreign Transactions Foreign Transactions
3 %
Late Payment Late Payment
40 $

BankAmericard Credit Card has everything you need to save on interest and manage your finances. 0% intro APR for 18 billing cycles on purchases and balance transfers made within the first 60 days. 16.24% - 26.24% Variable APR after that. No annual fee, no penalty APR for late payments and monthly FICO Scores. Plus robust security, contactless payment, digital wallet and access to mobile and online banking.

Key Features

  • 0% Intro APR for 18 Billing Cycles. For purchases and balance transfers made within the first 60 days.
  • 16.24% - 26.24% after the intro period based on creditworthiness.
  • No fee to use the card.
  • Late payments won’t increase the interest rate.
  • Free monthly FICO Scores in mobile banking or online banking.
  • Tap to pay where contactless is accepted.

Pros and Cons

Pros

Cons

How to Apply for a BankAmericard® Credit Card

Online

Mobile App

Branch application

Infographic

BankAmericard®

Eligibility Requirements

Reasons You May Be Denied a Credit Card

How to Pay Off Credit Card Debt

Editorial Opinion

The BankAmericard, launched by Bank of America in 1958, changed everything by inventing the credit card and changing consumer behavior and retail. People were skeptical, but it showed there was demand for credit and economic growth when people could buy things on credit. Sure, the convenience and economic stimulus of the BankAmericard can’t be denied, but it also brought consumer debt and financial risk. That’s what happens when innovation cuts both ways in finance.

Additional Resources

Sources

FAQ

Is the BankAmericard® Credit Card worth it?

Who would benefit from acquiring the BankAmericard® Credit Card?

Is it hard to get a BankAmericard® Credit Card?

Zarina S
Editor
Zarina S
30.11.2022
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Update 27.06.2024