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Intro APR:
0.00%
APR for Purchases:
9.99% / 15.99%
Intro Rate:
0% APR for 12 Billing Cycles
Annual Fee: $0
Application Fee: n/app
Issued by Bank of America
Card Type: Reward - Cash
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The Bank of America Cash Rewards Credit Card, issued by
FIA Card Services, N.A., is designed for those with
good credit who want to receive cash back for their purchases.
Through the reward program, cardholders earn a 1% rebate per dollar spent on all qualified purchases. For every $2,500 the cardholder spends, they will be eligible to receive a $25 statement credit, which they must claim by calling and requesting the rebate be credited to their account. There is no limit to the amount of rebates that may be earned, and any unclaimed rebates from qualified purchases will expire after five years.
The card has
no annual fee, a low introductory rate for both balance transfers and cash advance checks for the first twelve billing cycles, and a very low fixed interest rate once the introductory rate expires. It is important to understand that the APR for purchases and balance transfers will vary according to the applicant's credit history and will be either 9.9% or 15.99%.
Therefore, those who will be able to take advantage of the reward program and the introductory rate will benefit most from what the Bank of America Cash Rewards Credit Card has to offer.
Review date: 2008-07-10 00:00:00
