What are the benefits of Bankamericard?

Find out why it's worth ordering yours now

• It is considered one of the fastest card issuers in this segment.
• Enables the construction of a solid purchase history.
• Checks from time to time whether you are eligible to upgrade your card based on your account details and history.
• If you change your card, your entire deposit is refunded.
• It offers a flexible credit limit, with amounts ranging from $300 to $4,900.
• You can choose which credit limit best fits your needs.
• Offers an activity report from the three credit bureaus. Bank of America describes its payments and other credit card-related activities to Equifax, Experian and TransUnion.
• As you use your card correctly, your credit score will increase across all three agencies, improving your financial reputation.
• Free FICO score tracking.

Check out some other benefits

You may even consider that Bankamericard has some limited functions when compared to other cards, but this is because its main objective is to settle your credit, being an ideal solution if you find yourself in this situation.

If you want to take advantage of this and other benefits of this agency, just join the additional and exclusive functions it can offer.

BankAmeriDeals

BankAmeriDeals is a program that guarantees 5 to 15% cashback on businesses that are associated with the program. So you can take advantage of limited-time offers at restaurants and stores, as well as secure bigger bonuses as you use them over time.

Bankamericard Fees

Regarding interest and fees, BankAmericard was designed to be accessible to everyone, in the most diverse areas. In addition to an initial 0% APR on credit transfers made within the first 60 days, it enables a qualified credit score, yielding a variable APR of 12.99%.

Another highlight of the card is its lower limit, with a transfer fee of 3% or $10. In addition, there are no annual fees and there is no increase in APR interest rates if you miss the payment deadline. It is common for other cards to cover an APR of 29.99%.

It is important to be aware only in the case of international transactions, as there is a 3% fee and possible additional US$40 for late payment. If you travel abroad a lot, there are other credit card options that offer benefits for this type of transaction.

Credit Score

Some card users claim to have been able to apply for it with a score of less than 500 points, but you need to know that this is not guaranteed.

First, Bank of America will assess your credit history and current financial condition, then approve your card and set your maximum credit limit, which may increase over time.

If you make a deposit in excess of what Bank of America charges, Bank of America will offer a lower limit and refund the difference.

Once you have your credit card in hand, your main goal should be to pay off your debts and not apply for another card to make up for it. That way, you will increase your credibility and get even better benefits.

Is BankAmericard right for me?

With all that said, you might be wondering if BankAmericard is really the best option for you. So, with all its features and advantages that we have put in this post for you to know more about it, you need to assess your current situation and decide if it meets your needs and goals.

Finally, about Bankamericard and its advantages, it is one of the best options for people who are trying to accumulate funds and increase their credit score, but don’t have a lot of resources or credibility.

The minimum deposit is US $300, so make sure you have the amount when you drop your BankAmerica credit card and start enjoying benefits.

What do you think of BankAmerica? Have you had any experience with it? Feel free to tell us and share your experience!