5 Ways to Make Bank of America Credit Cards Work for You

Bank of America credit cards have becomeThere are many cards that are partnered with
synonymous with travel rewards. When Bank ofspecific airlines and offer bonus miles for that carrier.
America merged with MBNA a few years ago itOther rewards programs include cash back,
instantly became one of the dominant players in themerchandise, dining, hotels and more. Take your to
credit card industry. By joining with MBNA, Bank oftime read over the terms of each offer to find one
America has now become the defacto leader inthat may benefit you.
travel rewards credit cards.4. Fraud and Theft Protection - It is a rather
In addition to a wide variety of travel rewardsunfortunate fact that new technologies often breed
programs, there are also several cash back rebatenew opportunities for criminals. Credit card fraud has
deals and student credit card offers. Let us take abecome a billion dollar business worldwide. In order to
look at the features offered through Bank ofprotect yourself, always choose a credit card that
America cards to see how they may, or may not,covers you with 100% protection against theft, fraud
suit your financial needs.and unauthorized use, regardless of the bank or
1. Balance Transfers - Most Bank of America cardscredit card issuer.
offer 0% APR on balance transfers for a period of 65. Annual Fees - Annual fees have become a bit of
- 12 months. If you happen to carry a monthlyan afterthought when people review and compare
balance on your current cards, you may want tocredit cards. There is virtually no escaping balance
consider taking advantage of a balance transfer offertransfer fees. They usually run at around 3%, but are
to save money on interest payments. They alsocapped at $150. Annual fees, however, are a
allow you to pay off more of the principle with thedifferent story. You will find that most travel reward
money you would have otherwise of been spendingcredit cards have annual fees. Be sure to compare
on interest.them and decide if the rewards warrant you paying
2. 0% APR on Purchases - As an incentive to attractthose fees.
new customers, most credit card companies offerAs with all credit card offers, the terms and
0% interest on all new purchases for periods of 6 -conditions of the Bank of America credit cards that
12 months. Bank of America cards feature theseyou are interested in should be studied carefully to
introductory offers as well. These types of deals candetermine if that offer is a good financial fit for you
be beneficial to the consumer who is planning onand your consumer needs. The best way to find the
making a sizable purchase and would like some timeappropriate card for you is to do a side by side
to pay it off in fill.comparison of the benefits and features of each
3. Rewards Programs - If you travel often then youcard you are interested in. Then, upon gathering all
will definitely want to take a look at the variousthe facts, you will be prepared to apply for the card
travel rewards programs offered through B of A.of your choice.