The best balance transfer cards let you take advantage of special introductory APRs, and the BankAmericard has generous intro APR offers for both purchases and balance transfers. Depending on the ongoing APR (or interest rate) you qualify for, the BankAmericard could also be an excellent low-interest credit card.

Long 0% intro APR offer The BankAmericard® credit card is primarily a balance transfer card, with one of the longest intro APR offers on the market. The card offers an introductory 0% APR promotion for 18 billing cycles on balance transfers made within the first 60 days after the account opens, as well as on purchases.

BankAmericard benefits

• 0% intro APR for 18 billing cycles.
• Lower ongoing variable APR.
• No penalty APR.
• No annual fee.
• $0 fraud liability.
• Free FICO score access.
• Museums on Us.
• BankAmeriDeals.

Top Picks for Bank of America Credit Cards: Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card: Best Bank of America business card. Bank of America® Premium Rewards® credit card: Best Bank of America travel card. Bank of America® Unlimited Cash Rewards credit card: Best for cash back.

WalletHub, Financial Company The BankAmericard credit card credit limit will vary based on each applicant's credit standing. But many cardholders report initial credit limits ranging from $1,000 to $15,000 in some online forums.

Card Details Introductory 0% † APR for your first 18 billing cycles for purchases, and for any balance transfers made within 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 16.24% to 26.24% will apply. A 3% fee applies to all balance transfers.

NerdWallet's Best Bank of America Credit Cards of October 2023

• Bank of America® Customized Cash Rewards credit card: Best for Bonus category cash back.
• Bank of America® Unlimited Cash Rewards credit card: Best for Simple cash back.
• Bank of America® Travel Rewards credit card: Best for Travel.

The four major credit card networks in the United States are Visa, Mastercard, American Express and Discover. All four are widely accepted within the U.S. Abroad, your best bet may be Visa or Mastercard, because Amex and Discover acceptance lags in some countries.

The BankAmericard was introduced by Bank of America in 1958 as the first general purpose credit card. Prior to this, credit cards were either issued by specific retailers or were used for a specific purpose (e.g. Diners' Club was originally used in restaurants).

The BankAmericard is for those with good or excellent credit, which typically includes any FICO credit score of 670 or higher. Scores of 670 to 739 are considered good by FICO, while 661 to 780 is considered good by VantageScore.

Bank of America Customized Cash pros and cons Bank of America Preferred Rewards members can earn up to 75 percent more cash back on all purchases. The card offers a generous intro APR period on purchases and balance transfers, so it's a great fit if you need to finance a purchase or pay off debt.

The Bank of America credit card annual fee ranges from $0 to $95, depending on the card. Most Bank of America consumer credit cards have $0 annual fees. The same goes for their business and student credit cards.