Bank of America Savings Account Rates | Bankrate

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What is the interest rate at Bank of America?

Bank of America interest rates

Interest rate on balances	0.01%.
How it compares	The average national rate for savings accounts is 0.13% APY.
Monthly fees	$8, waived for the first six months.

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What is the interest rate on savings at Bank of America?

0.01%

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Which bank gives 7% interest on savings account?

As a consequence, here are the seven DICGC insured savings accounts now giving the highest interest rate of 7% in the country….Jana Small Finance Bank.

Savings Account Balance	Interest Rate Per Annum
More than 1 lakh and Upto 50 Lakhs	7.00%
More than 50 Lakhs and Upto 50 Crores	6.50%

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How do I find my interest rate on Bank of America?

Visit our savings account for details. Where can I find the interest rates for a savings account? You can view all savings interest rates online. Visit our Bank of America Advantage Savings product page for the current rates.

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What is today’s interest rate?

Today’s national mortgage rate trends

If you’re in the market for a mortgage refinance, today’s national average rate for a 30-year fixed refinance is 6.13%, increasing 18 basis points from a week ago. Meanwhile, today’s national average 15-year refinance rate is 5.35%, up 12 basis points over the last week.

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Is Bank of America good?

Overview. Bank of America has a consumer rating of 1.94 stars from 433 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about Bank of America most frequently mention customer service, credit card and business days problems.

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What will interest rates be in 2022?

Mortgage rates are currently near 5.5%, and I expect them to hover between 5.5% and 6% between now and the end of 2022.? Freddie Mac: ?We forecast 30-year fixed rates to average 5% in 2022 and rise to 5.1% in 2023.?

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Is a 2.75 interest rate good?

Is 2.875 a good mortgage rate? Yes, 2.875 percent is an excellent mortgage rate. It’s just a fraction of a percentage point higher than the lowest-ever recorded mortgage rate on a 30-year fixed-rate loan.

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Is Bank of America losing customers?

The percentage of Millennials (consumers 26 to 40 years old) who call a Bank of America checking account their primary account declined from 22% in October 2020 to just 13% in July 2021. The megabank also lost share of primary status among Gen Xers (ages 41 to 55), dropping from 18% to 10% over that same time period.

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Is Bank of America or Chase better?

Chase has a larger range of options, while BofA has slightly better rates on most of its accounts. They’re both solid choices for customers who want a traditional banking experience, but you may want to consider online banks or comparing your options to find better features or higher rates.

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What is Bank of America in trouble for?

Because of a faulty fraud detection program, Bank of America improperly froze accounts and stymied customers who sought to have them unlocked, cutting people off from desperately needed funds in 2020 and 2021, the Consumer Financial Protection Bureau said.

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Is Bank of America a good bank for checking account?

Bank of America has received several J.D. Power awards over the years. The bank received the top ranking for Retail Banking Advice in 2021. In 2020, the Bank of America Corporate, Commercial, and Business Banking Contact Centers earned J.D. Power Certification for the 11th consecutive year.

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What bank has the biggest lawsuit?

The settlement by BNP Paribas in the U.S. sanctions case for nearly $9 billion ranks among the biggest ever among banks since the early 2000s, and tops the list of those not related to the financial crisis. It is the biggest-ever fine levied against a bank for violating U.S. economic sanctions.

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Account Interest Rates for Savings, Checking, CDs & IRAs

Account Interest Rates for Savings, Checking, CDs & IRAs Sign inLog inLocationsShow/Hide  Menu   related links Bank Account InterestRates and APYsplease wait while the page loadsConsumer & Small Business Interest RatesSelect View PDF to access checking, savings, CD and IRA account rates and APYs specific to your area.View PDF Consumer & Business Online Rates View PDF Consumer & Business Online RatesInformation for:ZIP code * Please select your countySelect a countyGoEnter your zip codePlease enter the zip code for your home address so we can give you accurate rate and fee information for your location.ZIP code * GoContact usSchedule an appointmentSchedule an appointmentCall usPhone number:800.432.1000

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Mortgage Rates – Today's Rates from Bank of America

Mortgage Rates – Today’s Rates from Bank of AmericaSkip to main contentGet the right mortgage to finance your new homePlease wait a moment while we retrieve our low ratesfailureGet a call backfrom one of our lending specialistsBy submitting this form, you authorize Bank of America to contact you at the telephone number or email provided here, even if you’ve previously registered on a Do Not Call registry or requested that we not send you marketing information by email. You agree we may use an auto-dialer to reach you. You understand that you are not required to consent to receiving autodialed calls/texts as a condition of purchasing any Bank of America products or services. Any cellular/mobile telephone number you provide may incur charges from your mobile service provider.View current mortgage rates for fixed-rate and adjustable-rate mortgages and get custom ratesRates based on a $200,000 loan in ZIP code 95464Rates based on a $200,000 loan in ZIP code 95464RateThe rate of interest on a loan, expressed as a percentage.Annual percentage yield (APR)The annual cost of a loan to a borrower. Like an interest rate, an APR is expressed as a percentage. Unlike an interest rate, however, it includes other charges or fees (such as mortgage insurance, most closing costs, points and loan origination fees) to reflect the total cost of the loan.PointsAn amount paid to the lender, typically at closing, in order to lower the interest rate. Also known as mortgage points or discount points. One point equals one percent of the loan amount (for example, 2 points on a $100,000 mortgage would equal $2,000).Monthly Payment (estimated)The estimated monthly payment includes principal, interest and any required mortgage insurance (for borrowers with less than a 20% down payment). The payment displayed does not include amounts for hazard insurance or property taxes which will result in a higher actual monthly payment. If you have an adjustable-rate loan, your monthly payment may change once every six months (after the initial period) based on any increase or decrease in the Secured Overnight Financing Rate (SOFR) index.Fixed-rate mortgageA home loan with an interest rate that remains the same for the entire term of the loan.Adjustable-rate mortgage (ARM)Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Treasury-Index (T-Bill) or the Secured Overnight Financing Rate (SOFR). Bank of America ARMs generally use SOFR as the basis for ARM interest rate adjustments.Your monthly payment may fluctuate as the result of any interest rate changes, and a lender may charge a lower interest rate for an initial portion of the loan term. Most ARMs have a rate cap that limits the amount of interest rate change allowed during both the adjustment period (the time between interest rate recalculations) and the life of the loan.We need additional informationIn order to provide you with the best possible rate estimate, we need some additional information. Please contact us in order to discuss the specifics of your mortgage needs with one of our home loan specialists.We offer a…

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Bank Account Interest Rates for Savings, Checking & CDs …

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Bank of America Savings Account Rates – Bankrate.com

Bank of America Savings Account Rates | Bankrate GaudiLab/Shutterstock Jan. 26, 2022 / 1 min read Jan. 26, 2022 / 1 min read Bankrate Logo Why you can trust Bankrate Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. All of our content is authored by highly qualified professionals and edited by subject matter experts, who ensure everything we publish is objective, accurate and trustworthy. Our banking reporters and editors focus on the points consumers care about most — the best banks, latest rates, different types of accounts, money-saving tips and more — so you can feel confident as you’re managing your money. Bankrate Logo Editorial Integrity Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Here is a list of our banking partners. Key Principles We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers. Editorial Independence Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate Logo How We Make Money You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Bankrate Logo Insurance Disclosure Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy…

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Bank of America Savings Account Rates for September 2022

Bank of America Savings Account Rates for September 2022 Savings account interest rates are finally rising for the first time in years, making them a solid option for safely growing your money. Why are rates rising? The Federal Reserve is hiking interest rates to try to cool runaway inflation, which is indirectly driving up interest rates on financial accounts like credit cards, loans and mortgages, as well as savings accounts.Some banks are now offering annual percentage yields as high as 2%, making it a more attractive time to park your money in a savings account. (APY is the compounding interest rate you earn on your savings.) The higher the APY, the more you’ll earn in interest over time. Though APYs have been low for the last couple of years, many banks are boosting their APYs. But other large banks haven’t moved an inch… yet. Bank of America continues to offer relatively low APYs, even if you have tens of thousands of dollars in a savings account. However, if getting a higher interest rate is not as important as having nationwide access to physical branches or bringing all your finances under one roof, Bank of America might make sense for you.Read on for more information about Bank of America’s savings account, what APY you can earn and how it compares to other banks.Bank of America savings account optionsBank of America has just one savings account: Advantage Savings. The base APY is 0.01%, but if you’re eligible and enroll for the Preferred Rewards program, you can earn up to 0.04%.The Preferred Rewards tiers are: Advantage Savings Gold tier, Advantage Savings Platinum tier and Advantage Savings Platinum Honors tier. The only difference among them is the amount of APY you can earn. Bank of America savings account options, compared Account name APY Minimum deposit to open the account Monthly service fee* Balance required Advantage Savings 0.01% $100 $8 $0 Advantage Savings, Gold 0.02% $100 $0 $20,000 to $50,000** Advantage Savings, Platinum Tier 0.03% $100 $0 $50,000 to $100,000** Advantage Savings, Platinum Honors 0.04% $100 $0 $100,000 to $1 million** *Fees are waivable.**Three-month combined average daily balance in Bank of America deposit accounts and/or Merrill investment accounts.Note: Rates as of Aug. 31, 2022. APYs vary by region, and Bank of America’s savings account may not be available everywhere. You’ll need to check your ZIP code on Bank of America’s website to see your options.Bank of America Advantage SavingsAdvantage Savings is Bank of America’s standard savings account. You earn 0.01% APY (well below the national average APY for savings accounts) and interest compounding monthly. You can open this account with an initial deposit of $100. You’ll be charged an $8 monthly maintenance fee, unless you meet one of Bank of America’s listed criteria, such as maintaining a minimum balance of $500 or linking to Bank of America Advantage Relationship Banking®.For any new account opened, though, Bank of America will waive the fee for the first six months. Preferred Rewards Bank of America Advantage SavingsIf you maintain a higher balance, you may be eligible for Preferred Rewards membership, which can earn a higher APY on the money in your Advantage Savings account.To get approved…

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Bank of America Savings Account Interest Rates – NerdWallet

Bank of America Savings Account Interest Rates: How They Compare – NerdWalletWhile Bank of America earns 3.5 stars overall in NerdWallet’s Bank of America review, its Advantage Savings account earns 3.0 stars, partly because of its low 0.01% annual percentage yield, or APY. There are slightly better rates available, however, for customers enrolled in the bank’s Preferred Rewards program.Bank of America’s rates are similar to those at other large banks, but are much lower than what many online institutions offer. (The best savings APYs are around 1% and higher.)Bank of America interest ratesInterest rate on balances0.01%.How it comparesThe average national rate for savings accounts is 0.13% APY.Monthly fees$8, waived for the first six months.How to avoid monthly feesMaintain minimum daily balance of at least $500, orLink to a qualifying checking account, orEnroll in the Preferred Rewards Program. (To enroll, you’ll need to have qualifying accounts with a three-month combined average daily balance of at least $20,000. Other perks include loan discounts and no-fee ATM transactions.) Or,No fee if the account owner is under age 18.Minimum opening deposit$100.Interest on balances for premium savings accountsUp to 0.04% APY for customers enrolled in Preferred Rewards. (APYs may vary depending on where you live.)How Bank of America compares to online banksLarge national banks tend to have savings accounts with low interest rates, in part because the institutions spend a lot of money on physical bank branches. You can find higher rates at online banks. They tend to have savings accounts with high yields, often with no monthly fees or minimum balance requirements.Bank of America CDs and other savings optionsBank of America has other savings options, but they don’t earn much interest, either. You can open a standard Bank of America CD with a $1,000 minimum. CD terms range from 28 days to ten years. Rates may vary based on term length and deposit amount. They start at 0.03% APY and don’t increase much from there.Find out how much interest you could be earning with the calculator below. The higher the rate, the faster your money can grow.SoFi Checking and SavingsUFB Rewards SavingsCitizens Online Savings AccountMin. balance for APY$5,000CIT Bank Savings ConnectLendingClub High-Yield Savings

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Bank of America Interest Rates: How To Get the Best Rates

Bank of America Interest Rates: How To Get the Best Rates Jonathan Weiss / Shutterstock.com If you’re looking to set aside funds for a rainy day, Bank of America offers several savings account options. However, due to Bank of America’s size, its savings accounts tend to offer high fees and relatively low interest rates compared to the national average. It’s important to note that Bank of America offers different interest rates depending on customer location, so its rates may vary. To get a better interest rate on your savings accounts, you should compare the different offerings from Bank of America — and try to avoid any fees that might negate your savings. Bank of America Savings Account Rates Bank of America offers three types of savings accounts: Advantage Savings, Minor Savings and Custodial (UTMA) Savings. Here’s a look at the annual percentage yields and minimum opening deposit amounts for each of Bank of America’s savings accounts: Account APY Minimum Opening Deposit Bank of America Advantage Savings 0.01% $100 Minor Savings Account 0.01% $25 Custodial (UTMA) Savings Account 0.01% $100 How Rates at Bank of America and Other Banks Compare While Bank of America’s savings rates tend to be fairly low, so do the rates at other national banks. However, online banks commonly offer much higher rates than their brick-and-mortar counterparts. To get an idea, take a look at this table that compares the interest rates for savings accounts and one-year CD accounts at both national and online banks: Bank Savings Account APY 12-month CD Account APY Bank of America 0.01% 0.03% for all balance tiers Chase 0.01% 0.02% for balances under $10,000, then 0.05% Wells Fargo 0.01% 0.01%-0.02% Ally Bank 2.00% 2.70% Vio Bank 0.75% 2.25% Marcus by Goldman Sachs 0% 0% The rates on savings accounts for Bank of America, Chase and Wells Fargo are identical at 0.01% APY, and they’re nowhere near the rates online banks like Ally and Vio offer at 2.00% APY or better. And while Bank of America dominates in the 12-month CD category among national banks, with a 0.03% APY, the rate is still considered low relative to the top interest rates offered by online banks. How To Make the Most of Your Savings at Bank of America Because its savings rate is 0.01% APY, it’s important to avoid Bank of America’s monthly fees, which can potentially cancel out any interest you may earn. The Minor Savings account does not have a monthly maintenance fee, but both the Advantage Savings and Custodial (UTMA) Savings accounts carry an $8 monthly maintenance fee. As long as you carry a $500 balance each month in either account, however, Bank of America will waive the fee. Customers can also qualify for Preferred Rewards, which provides interest-rate boosters: Preferred Rewards Tier APY Gold 0.05% Platinum 0.10% Platinum Honors 0.20% The booster increases Bank of America’s standard rate by at least 5%, 10% or 20% as you enter each respective Preferred Rewards tier, which can help you make the most of your savings balance. Alexandria Bova contributed to the reporting for this article. This content is not provided by Bank of America. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Bank of America. Rates are subject to change; unless otherwise noted,…

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Compare Bank Of America CD Rates With 427 Banks

Compare Bank Of America CD Rates With 427 Banks (September 2022) When finding the best interest rate, Bank of America CD rates are often a top contender. However, is this the case? This guide will look at Bank of America’s CD rates and compare them to other top banks to see who offers the best interest rate.Earn The Highest Interest Rates On Savings TodayFixed annuities are almost identical to Certificates of Deposit (CDs) accounts and provide higher interest rates and penalty-free withdrawals for income.TermInsurance CompanyInterest Rate12 MonthsSaveBetter2.85%14 MonthsSallie Mae (No-Penalty)2.70%24 MonthsOceanview3.50%36 MonthsCanvas Annuity4.60%48 MonthsOceanview4.25%60 MonthsCanvas Annuity4.60%72 MonthsAthene4.60%*Fixed annuities are only for saving money to use in retirement.Disclaimer: This is a review. The Annuity Expert is not associated with a bank or credit union. However, fixed annuities are sold at most financial institutions. We aim to help you find the highest interest rates for your retirement savings. We may receive a small referral fee if you purchase something using a link in this article.Compare Fixed Annuity RatesFind the highest interest rates for your savings ranging from 2 to 10 years.Compare CD Rates From 423 Banks And Credit UnionsFind the highest interest rates for your savings ranging from 3 months to 5 years.Popular CD Rates Today3 Month CD RatesThe following banks and credit unions have the highest CD rates for 3 months.Best 3-Month CD RatesRateTermMinimumSynchrony Bank1.50% APY3 Months$0.00Popular Direct1.50% APY3 Months$10,000.00Luana Savings Bank1.92% APY3 Months$1,000.00TIAA Bank0.90% APY3 Months$1,000.00TotalDirect Bank2.00% APY3 Months$25,000.00Bethpage Federal Credit Union1.75% APY3 Months$50.00Merrick Bank2.15% APY3 Months$25,000.006 Month CD RatesBest 6-Month CD RatesRateTermMinimumCommunityWide FCU3.00% APY6 Months$1.000.00Quontic Bank1.70% APY6 Months$500.00PenFed Credit Union1.20% APY6 Months$1,000.00NASA Federal Credit Union3.55% APY9 Months$1,000.00Synchrony Bank2.00% APY6 Months$0.01Live Oak Bank2.50% APY6 Months$2,500.00First Internet Bank of Indiana2.02% APY6 Months$1,000.00Capital One1.65% APY6 Months$5,000.00Popular Direct2.35% APY6 Months$10,000.001 Year CD RatesThe following banks and credit unions have the highest CD rates for 12 months.Best 12-Month CD RatesRateTermMinimumCommunityWide FCU3.00% APY12 Months$1,000.00Bread Savings3.00% APY12 Months$1,500.00First National Bank of America2.90% APY12 Months$1,000.00PenFed Credit Union2.30% APY12 Months$1,000.00Marcus by Goldman Sachs2.70% APY12 Months$500.00Limelight Bank2.90% APY12 Months$1,000.00Popular Direct3.00% APY12 Months$10,000.00Synchrony Bank2.75% APY12 Months$0.00Alliant Credit Union2.75% APY12 Months$1,000.00Connexus Credit Union3.21% APY12 Months$5,000.00Lafayette Federal Credit Union3.14% APY12 Months$500.00Rising Bank3.10% APY12 Months$1,000.002 Year CD RatesThe following banks and credit unions have the highest CD rates for 24 months.Best 2-Year CD RatesRateTermMinimumBread Savings3.50% APY24 Months$1,500.00Synchrony Bank3.00% APY24 Months$0.01.00First National Bank of America3.05% APY24 Months$1,000.00Pentagon Federal Credit Union3.00% APY24 Months$1,000.00La Capitol Federal Credit Union2.38% APY24 Months$1,000.00Marcus by Goldman Sachs3.00% APY24 Months$500.00Connexus Credit Union3.41% APY24 Months$5,000.003 Year CD RatesThe following banks and credit unions have the highest CD rates for 3 years.Best 3-Year CD RatesRateTermMinimumQuontic Bank3.00% APY36 Months$500.00Bread Savings3.55% APY36 Months$1,500.00Pentagon Federal Credit Union3.25% APY36 Months$1,000.00Synchrony Bank3.10% APY36 Months$0.01%First National Bank of America3.15% APY36 Months$1,000.00Marcus by Goldman Sachs3.10% APY36 Months$500.00Limelight Bank3.30% APY36 Months$1,000.00Alliant Credit Union3.10% APY36 Months$1,000.00My eBanc3.51% APY36 Months$5.000.00Connexus Credit Union3.4\6% APY36 Months$5,000.004 Year CD RatesThe following banks and credit unions have the highest CD rates for 4 years.Best 4-Year CD RatesRateTermMinimumBread Savings3.60% APY48 Months$1,500.00NASA Federal Credit Union2.45% APY48 Months$1,000.00PenFed Credit Union2.80% APY48 Months$1,000.00Synchrony Bank3.10% APY48 Months$0.01First National Bank of America3.25% APY48 Months$1,000.00EFCU Financial3.50% APY48 Months$500.00Marcus by Goldman Sachs3.15% APY48 Months$500.005 Year CD RatesThe following banks and credit unions have the highest CD rates for 5 years.Best 5-Year CD RatesRateTermMinimumBread Savings3.65% APY60 Months$1,500.00Popular Direct3.40% APY60 Months$10,000.00Synchrony Bank3.50% APY60 Months$0.00PenFed Credit Union3.20% APY60 Months$1,000.00Connexus Credit Union3.01% APY60 Months$5,000.00First National Bank of America3.30% APY60 Months$1,000.00Marcus by Goldman Sachs3.25% APY60 Months$500.00EFCU Financial3.75% APY60 Months$500.00Alliant Credit Union3.25% APY60 Months$1,000.00Lafayette Federal Credit Union3.64% APY60 Months$500.00Next StepsIn conclusion, these CD rates are an excellent option for those looking for a good interest rate. However, comparing the different rates other banks offer is essential to finding the best option for you. Contact us today for a quote, and we would be happy to help!Request A QuoteGet help from a licensed financial professional. This service is free of charge. Related Posts Shawn PlummerCEO, The Annuity ExpertI’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for…

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What Is the Bank of America Credit Card Interest Rate?

What Is the Bank of America Credit Card Interest Rate? This question is about Bank of America Credit Cards Maria Adams, Credit Cards Moderator @m_adams • 05/20/22 This answer was first published on 05/14/21 and it was last updated on 05/20/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company. The Bank of America credit card interest rate can be anywhere from 14.24% (V) to 26.24% (V). It depends on both your credit standing and which Bank of America credit card you apply for. All Bank of America credit card APRs are variable, meaning they can change over time. Here are the Bank of America credit card interest rates: BankAmericard® credit card14.24% – 24.24% Variable regular APR. Intro APR of 0% for 21 billing cycles on purchases and 0% for 21 billing cycles for any balance transfers made in the first 60 days. 3% (min $10) balance transfer fee. Bank of America® Unlimited Cash Rewards credit card16.24% – 26.24% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% (min $10) balance transfer fee. Bank of America® Customized Cash Rewards credit card16.24% – 26.24% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% (min $10) balance transfer fee. Bank of America® Travel Rewards credit card16.24% – 26.24% Variable regular APR. Intro APR of 0% for 18 billing cycles on purchases and 0% for 18 billing cycles for any balance transfers made in the first 60 days. 3% (min $10) balance transfer fee. Bank of America® Premium Rewards® credit card18.24% – 25.24% Variable regular APR. No intro APR. Bank of America® Premium Rewards® Elite Credit Card18.24% – 25.24% (V) regular APR. No intro APR. BankAmericard® Secured Credit Card25.24% (V) regular APR. No intro APR. Bank of America® Customized Cash Rewards Secured Credit Card26.24% (V) regular APR. No intro APR. Credit cards for students:  Bank of America® Unlimited Cash Rewards Secured Credit Card26.24% (V) regular APR. No intro APR. BankAmericard® Credit Card for Students15.24% – 25.24% (V) regular APR. Intro APR of 0% for 18 months on purchases and 0% for 18 months on balance transfers. 3% (min $10) balance transfer fee. Bank of America® Travel Rewards Credit Card for Students16.24% – 26.24% (V) regular APR. Intro APR of 0% for 15 months on purchases. Bank of America® Customized Cash Rewards Credit Card for Students16.24% – 26.24% (V) regular APR. Intro APR of 0% for 15 months on purchases and 0% for 15 months on balance transfers. 3% (min $10) balance transfer fee. Bank of America® Unlimited Cash Rewards credit card for Students16.24% – 26.24% (V) regular APR. Intro APR of 0% for 15 months on purchases and 0% for 15 months on balance transfers. 3% (min $10) balance transfer fee. BankAmericard® Credit Card for Students15.24% – 25.24% (V) regular APR. Intro APR of 0% for 18 months on purchases and 0% for 18 months on balance transfers. 3% (min $10) balance transfer fee. Each Bank of America credit card also has more than one interest rate. There’s the regular APR, which applies to purchases and balance transfers and ranges from 14.24% (V) to 26.24% (V). Several cards have a 0% APR on purchases and/or balance transfers for a certain number of months, before the regular APR takes effect. And if you miss a payment, you could have a penalty interest rate of up to $40. Ultimately, there is also an APR for cash advances that can be anywhere between 19.24% – 29.24% (V), depending on your creditworthiness and the card.   If you want to increase the chances of getting a low Bank of America credit card interest rate, you…

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