Bank of America® Cash Rewards Platinum Plus® MasterCard® Credit CardIssued by Bank of America.This card received a rating of 4.00 out of 5.00 |
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Basic Credit Card Information
| Introductory Rate: | 0% APR for 12 Billing Cycles |
| Time Period: | See Terms |
| Rate Applied To: | Balance Transfers |
| Additional Details: | The introductory rate is 0% for the first 12 billing cycles on balance transfers and cash advance checks. |
| Regular APR: | 9.99% / 15.99% |
| Variable or Fixed: | Fixed |
| Annual Fee: | $0 |
| Annual Fee Details: | None |
| Application Fee: | n/app |
| Participation Fee: | n/app |
| Reload Fee: | n/app |
| Inactive Fee: | n/app |
| Total First Year Fees: | n/app |
| Type Of Rewards: | Rebate |
| Be sure to read the card's Data before applying! | |
Credit Card Review
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 reasonably 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.This review was updated 2008-08-19T00:00:00.0000000-07:00
Reward Program Information
| Type Of Rewards: | Rebate |
| Reward Program Optional: | No |
| Optional programs may have a fee. See Data for details. |
| For Cards with Cash Back Incentives | |
| Lowest Possible Rebate: | 1% |
| Highest Possible Rebate: | 1% |
| Additional Rebates: | None |
| Rebate Details: | For every $2,500 the cardholder spends, they are eligible to receive a $25 statement credit. Cardholders must call and request the rebate in order to receive it. |
| For Cards with Point Incentives | |
| Points Per Dollar Spent: | n/app |
| Additional Points: | n/app |
| Point Details: | n/app |
| For Cards with Airline Incentives | |
| Miles Per Dollar Spent: | n/app |
| Additional Miles: | n/app |
| Program Details: | n/app |
Rewards Expiration Period: 5 Years
Annual Limit: None
Additional Credit Card Perks
Special Notations about the Bank of America® Cash Rewards Platinum Plus® MasterCard® Credit Card
This card is issued by FIA Card Services, N.A. The fixed APR for purchases and balance transfers varies according to the applicant's credit history and will be either 9.99% or 15.99%. See website for complete terms and conditions of card usage and application disclosure.Always read the credit card's Data before applying!
