Who is BankAmericard Credit Card Designed For?
The BankAmericard Credit Card is designed for people who want a simple, straightforward credit card with a low APR, a long 0% introductory rate on purchases and balance transfers, and no annual fee.
What are the Interest Rates for BankAmericard Credit Card?
- BankAmericard Credit Card has interest rates ranging from 11.24% to 21.24% APR for purchases and balance transfers, depending on credit. It has an 18-month 0% introductory rate on balance transfers. This is one of the longest 0% intro rate periods in the business. Cash advances come with an APR of 14.24% to 25.24%.
Heads us on the penalty rate! Cardholders who are late on a payment can be hit with a 29.99% penalty rate that will most likely stay with them for as long as the account is open.
What Are the Fees for BankAmericard Credit Card Credit Card?
- The BankAmericard Credit Card has no annual fee. However, it does have a 3% foreign transaction fee, a $10 or 3% (whichever is greater) cash advance fee, a $10 or 3% balance transfer fee, and a $10 or 5% fee on wire transfer purchases with non-financial institutions, such as Western Union or MoneyGram. There is also $37 fee on late payments and a $27 fee on returned payments.
What Is BankAmericard Credit Card's Rewards Program Like?
BankAmericard Credit Card doesn't have a rewards program.
What about BankAmericard Credit Card's Signup Bonus?
BankAmericard Credit Card doesn't have a signup bonus. This is a lean, mean, no gimmicks kind of card that doesn't offer bonuses, rewards, or perks.
Does BankAmericard Credit Card Have Any Other Benefits?
BankAmericard provides understated yet practical benefits, such as SafePass: a security feature that adds another security layer by requiring a 6-digit, one-time code every time you log in to your account; and ShopSafe, which provides a temporary credit card number so your real number is protected while you shop online.
How Is BankAmericard Credit Card Better Than Other Credit Cards?
The BankAmericard Credit Card doesn't offer much in the way of rewards and benefits, but it is great at what it does do. It has an 18-month 0% intro rate: one of the longest available. Once the intro rate expires, it continues offering a low standard APR.
The BankAmericard doesn't have a rewards program or a signup bonus, but if you're looking for a no-hassle, low APR credit card with no annual fee and a long intro rate, the BankAmericard is certainly worth a second look.