The BankAmericard Cash Rewards Visa SignatureCard is a rewards credit card that comes with some special introductory promotions.  The credit card is marketed with a $75.00 bonus and extra credit card rewards.  This is a no annual fee credit card marketed by Bank of America.

The $75.00 statement credit can be redeemed by using a new BankAmericard Cash Rewards™ account to make a purchases totaling at least $50 on the Add It Up® website within 60 days of the credit card account open date.

The Bank of America credit card also comes with an introductory zero percent APR for purchases, balance transfers, and direct deposits for the first 7 or 10 credit card billing cycles.

The time period for the introductory credit card APR is determined based on the credit card applicant’s creditworthiness.  The introductory credit card APR is eliminated if the account holder exceeds their credit card limit or the credit card holders makes a late payment on the account.  The standard variable APR is between 12.99% and 20.99%.  The credit card APR and margin received is determined by the credit card applicants creditworthiness.

Credit card APRs may vary.  For each billing cycle, the credit card APR is determined by adding a margin to the prevailing U.S. Prime Rate.  The margin for the standard variable APR for purchases and credit card balance transfers is between 9.74% and 17.74%.

Payments made on the account will be applied to lower credit card rate balances first.

The credit card also comes with the ability to earn cash back with flexible credit card reward redemption options.  The credit card earns 3% cash back on gas, grocery and drugstore purchases for the first 6 months and 1% on all other purchases. 

The credit card rewards can be redeemed for a check, account credit, direct deposit or use the rewards to pay down an existing and eligible Bank of America home loan.  There is no limit to the number of reward points that can be earned each year.  The credit card rewards points do not expire for 5 years.

Global Card Services is the division of Bank of America that handles consumer credit cards.  Bank of America provides a broad offering of credit and debit cards and unsecured lines of credit to consumers and small businesses.  The bank products include a variety of unique credit card reward programs as well as credit and debit co-branded and affinity card products.

Bank of America is one of the world’s largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

All account terms are governed by the Credit Card Agreement. Account and Agreement terms are not guaranteed for any period of time; all terms, including the APRs and fees, may change in accordance with the Agreement and applicable law.  The bank credit card issuer may change them based on information in the credit card applicant’s credit report, market conditions, business strategies, or for any reason.

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