Looking for an easy, interest-free way to tackle debt or finance large expenses? The BankAmericard credit card from Bank of America offers one of the most extended 0% introductory APR offers on purchases and balance transfers—with no annual fee or penalty APR. Ideal for borrowers with excellent credit who want a clean financial slate.
💸 Save on Interest with 0% Intro APR for 18 Billing Cycles
- Receive 0% introductory APR on both purchases and balance transfers for 18 billing cycles when initiated within the first 60 days of account opening.
- After the intro period ends, variable APRs range from 15.24% to 25.24%, depending on creditworthiness.
- The balance transfer fee is 3% (minimum $5) if completed within 60 days; rises to 4% thereafter.
This makes BankAmericard® a top choice for interest avoidance—especially when compared to average intro periods closer to 15 months .
🎁 No Rewards—but Also No Distractions
- This card has no rewards program, so it’s not for everyday spending perks. Instead, it’s focused on giving you a clear path to debt elimination without interest distractions.
- If you’re chasing cashback or points, consider pairing with a rewards card—but use this one strategically when financing or transferring balances.
🔧 Financial Tools & Fee Protections That Matter
- Enjoy free access to your FICO® Score, updated monthly via Bank of America Online Banking or the mobile app.
- The card comes with Zero Liability Protection and fraud alerts, so you’re protected from unauthorized charges. No penalty APR, either—late payments won’t trigger higher rates, though fees and credit impact may still apply.
📱 Seamless Digital Convenience
- Built for easy account access: Bank of America’s mobile app lets you manage alerts, balances, and payments on the go.
- Contactless chip card provides secure and easy tap-to-pay access. Paperless statements are an option for added convenience.
📄 Key Terms & Smart Tips
| Feature | Detail |
|---|---|
| Intro APR | 0% on purchases & transfers for 18 billing cycles, if done within 60 days |
| Ongoing APR | 15.24%–25.24% variable after intro period |
| Balance Transfer Fee | 3% (min $5) within 60 days; 4% afterwards |
| Annual Fee | $0 |
| Penalty APR | None—missed payments don’t trigger higher interest rates |
| Other Fees | Cash advance APR ~28% + 5% fee; foreign transaction fee may apply |
💡 Smart Move: Use this card for debt consolidation or large purchases—then clear your balance before the intro period ends. Consider pairing it with a rewards card for everyday credit usage.
✅ Who Should Consider BankAmericard—and When
Best For:
- People with excellent credit looking to eliminate high-interest debt quickly.
- Those needing extended interest-free flexibility on new purchases.
- Individuals who want to avoid penalty APR and sticky fees.
Less Ideal If:
- You’re looking for a rewards structure (cash back, points, travel perks).
- You’re not confident you can pay off your balance within the introductory window.
🚀 How to Apply in Simple Steps
- Visit the Bank of America Official Page: Search for “BankAmericard credit card” on Bank of America’s website to access the current offer.
- Check Prequalification First: Use Bank of America’s Offers Tool to see if you prequalify with a soft credit inquiry—no impact on your score.
- Submit Your Application Online: Provide basic personal information (name, address, SSN, employment, income).
- Complete Balance Transfer Requests (if desired): Do this within your first 60 days for intro APR eligibility.
- Activate AutoPay & Monitor: Avoid interest and build responsible habits.
🧭 Final Takeaway
The BankAmericard® credit card stands out for its industry-leading 18-month 0% APR window, no annual fee, and no penalty APR structure. If you’re focused on manageable debt repayment or financing a major purchase without extra cost—and you have excellent credit—this card is a smart, straightforward tool.
Apply today and gain nearly two years of interest-free breathing room.
