Updated: Oct. 17, 2018

If you’re sick of paying over-the-top interest rates, then we have the card for you. The BankAmericard credit card just extended its 0% intro APR to a lengthy 18-month 0% intro APR on purchases and any balance transfers made in the first 60 days, cementing its place as one of the best 0% intro APR cards you can get. Balance transfers come with a balance transfer fee of 3%, with a $10 minimum, but considering how long the 0% intro APR period is, this one-time fee will still make your balance transfer worthwhile. Whether you have a big-ticket item on your shopping list, or you’re carrying some credit card debt and need relief from the interest payments, the BankAmericard credit card can help you by effectively providing a year and a half of no interest on your balances. To get all the details about this card and see if its 0% intro APR offer is right for you, keep reading.

What’s included in the new BankAmericard offer?

As mentioned before, the BankAmericard credit card provides an 18-month 0% intro APR on purchases and any balance transfers made in the first 60 days of card ownership. Since you can only get the 0% intro APR on balance transfers made in the 60-day window, it’s a good idea to have a plan of which account(s) you’d like to transfer when you apply for the BankAmericard Credit Card. Additionally noted above, there is a balance transfer fee equal to 3% of each transfer with a minimum of $10, which is standard for balance transfer credit cards. On top of that, the BankAmericard Credit Card has a reasonable ongoing APR after the 0% intro APR period expires (visit our review to see the rates). There is also no annual fee, and the card requires good to excellent credit (usually considered a credit score of 700 or higher) to qualify.

The BankAmericard credit card only has a few extra features apart from its 0% intro APR offer, but those features work to help you monitor your credit and avoid unnecessary costs. First, there is no penalty APR, so paying your bill late will not automatically raise your interest rate. If you do happen to submit a late payment, you may still have to pay a late payment fee, but unlike most of its competitors, the BankAmericard credit card does not make you deal with a heightened APR. Second, every month you’ll get your FICO score for free via your online account or mobile app to help you see how your credit is doing. Finally, this card provides $0 fraud liability, so if someone makes purchases with your BankAmericard without your permission, you are not responsible for any of those charges.

Downsides to the BankAmericard credit card

Even though the BankAmericard credit card has a great balance transfer offer, there are a few other cards that have competitive benefits. For instance, the Wells Fargo Platinum Visa Card has a very comparable offer that also grants 18 months of 0% intro APR for purchases and balance transfers (with an intro balance transfer fee of 3% for 18 months, then it’s 5%) with no annual fee. The key differences between the BankAmericard credit card and the Wells Fargo Platinum Visa are that the Wells Fargo offers a nifty mobile phone protection perk that can reimburse you up to $600 against covered damage or theft when you use the card to pay your monthly cell phone bill ($25 deductible, maximum of 2 claims per year), but in return it has higher APRs once the intro periods end (visit our review to see the card’s rates). There’s also the Citi Simplicity Card – No Late Fees Ever, which features an incredibly long 0% intro APR balance transfer period that lasts 21 months (with a 5% balance transfer fee, $5 minimum) and no annual fee. Even though its 0% purchase APR intro period is less impressive at 12 months, and it has a higher-than-average 5% balance transfer fee, it’s a difficult card to beat in terms of the sheer duration of its 0% intro APR balance transfer offer.

If you’re looking for a card that offers more than a long 0% intro APR, the Discover it Balance Transfer not only has the same 18-month 0% intro APR offer for balance transfers (with a 3% balance transfer fee) — after the 0% intro APR expires, a variable go-to rate applies — but it also earns 5% cash back on rotating categories every quarter you activate your rewards (up to the quarterly maximum, currently $1,500, then it’s 1%), and 1% cash back on all other purchases. Additionally, at the end of your first year of card ownership, Discover will match all the cash back you’ve earned for the year, effectively doubling your cash back rate for that year. That makes this an excellent credit card to keep in your wallet long after you’ve paid off your balance transfer. To top it all off, the Discover it Balance Transfer requires average to excellent credit to qualify (usually considered a credit score of 670 or higher) and charges no annual fee or foreign transaction fees, though on the downside, its 0% intro APR for purchases only lasts for 6 months (after the 0% intro APR expires, a variable go-to rate applies).

Should you apply for the BankAmericard credit card?

The BankAmericard credit card is a no-frills card with a substantial 0% intro APR offer. It’s well-suited to consumers who are looking for a card they can dedicate to making a large purchase or a balance transfer, with straightforward benefits that focus on convenience and security. To learn more about this card, or apply for it, visit our BankAmericard credit card review.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.