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Bank of America Interest Rate!

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Anonymous
Not applicable

Re: Bank of America Interest Rate!



gordonbs wrote:
Odd, does BoA have different APR levels?
 
Mine is 12.9% AFAIK. I never carry a balance, but I'm fairly certain it's a fixed rate card.


Yes, they have different APR tiers, even on the same product.  The Rewards Amex, for example, will have an APR of 9.99% or 15.99%, depending on your credit at the time you apply.

 
Message 11 of 14
FretlessMayhem
Senior Contributor

Re: Bank of America Interest Rate!



@Anonymous wrote:







@Anonymous wrote:

Odd, does BoA have different APR levels?

 

Mine is 12.9% AFAIK. I never carry a balance, but I'm fairly certain it's a fixed rate card.





Yes, they have different APR tiers, even on the same product.  The Rewards Amex, for example, will have an APR of 9.99% or 15.99%, depending on your credit at the time you apply.


 






They have specific terms to denote it also, I've noticed. I think it is Preferred for the higher rate and Platinum Plus for the lower.
Here we go again...
Message 12 of 14
Anonymous
Not applicable

Re: Bank of America Interest Rate!

my student visa with them is 15.99% and my world points master card is 9.99%. I've always asked for CLI's so far. Since I hit the 10K mark, now I'm gonna go for lower APR's..
Message 13 of 14
Uncle_Money
Established Contributor

Re: Bank of America Interest Rate!

Very good point, hauling. Especially at 15.99%.
 
One thing I noticed with BOA is they sometimes make notes on how many times you call. I'm wondering if I should just keep trying?

Personal: American Express Platinum - NPSL | American Express Blue Cash Preferred - $15,000 | Chase Sapphire Reserve - $38,500 | Chase Amazon Prime Visa - $7,200 | Chase Freedom - $500 | Barclaycard Arrival+ - $18,600 | PenFed Platinum Rewards - $25,000 | PenFed LOC - $10,000 | Navy Federal Credit Union Platinum Visa - $25,000 | Navy Federal Credit Union LOC - $10,000 | Citi Double Cash - $12,170 | Citizens Cash Back+ - $8,650 | Citizens LOC Overdraft - $8,000 | Discover - $10,000 | Capital One Quicksilver One - $3,600 | Capital One Platinum - $750 | Valero - $600 | Dell - $3,000 | Lowes Advantage - $30,000 | Macys Amex - $25,000 | The Home Depot - $7,500 | Tourneau - $15,000
Business: American Express Business Platinum Card - NPSL | American Express Plum Card - NPSL | American Express SimplyCash Plus - $10,000 | American Express Gold Card - NPSL | Bank of America Cash Rewards - $100,000 | Capital One Spark Business - $54,000 | Chase Business Preferred - $34,000 | Chase Business Ink - $15,000 | PNC Bank Cash Rewards Visa Signature - $19,000 | PNC LOC $100,000 | BP Business Solutions - $1,500 | KeyBank Mastercard - $6,000 | Staples More Account - $3,500

Message 14 of 14
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