The Bank of America Platinum Plus® Visa® Card, issued by FIA Card Services, N.A., is designed for those with very good credit who will take advantage of the introductory offer and the platinum benefits.
Cardholders have access to a variety of common platinum benefits such as automatic auto rental insurance, various travel and emergency assistance services, purchase protection, and various security features.
The most attractive benefit of this credit card is the 0% introductory rate that is offered for the first twelve billing cycles and applies to balance transfers, cash advance checks, and direct deposits. In addition, there is no annual fee and the interest rate for purchases and balance transfers is reasonably low after the introductory rate expires.
Therefore, those who qualify for the lowest rate available, are not looking for any extraordinary benefits or services, and plan to take advantage of the introductory offer will benefit most from the Bank of America Platinum Plus® Visa® Card.
Review Date: August 19, 2008
Note: The review on this card was updated on August 19, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Intro Rate (Intro APR):
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0% APR for 12 Billing Cycles |
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Intro Applied Towards:
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Balance Transfers |
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Additional Intro Details:
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The introductory rate applies to the first twelve billing cycles for balance transfers, cash advance checks, and direct deposits. |
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Purchase APR:
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As low as Prime + 2.99 (Fixed)
The APR for purchases is based on the Prime Rate. |
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Cash APR:
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*See application for details (Fixed)
The APR for cash advances is based on the Prime Rate.
There is a minimum APR on cash advances. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
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Annual Fee:
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$0 |
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Additional Cardholders:
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$0 |
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Grace Period:
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20 Days (Min.) |
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Late Payment Fee:
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$15 on balances up to $100; $29 on balances over $100 up to $250; $39 on balances over $250 |
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Over the Limit Fee:
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$15 on balances up to $500; $29 on balances over $500 up to $1,000; $39 on balances over $1,000 |
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Cash Advance Fee:
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3%, $10 minimum |
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Balance Transfer Fee:
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3%, $10 minimum |
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Maximum Credit Limit:
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$25,000 |
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Most Attractive Feature(s):
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| 0% introductory rate; no annual fee; common platinum benefits. |
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Least Attractive Feature(s):
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| No rewards program option; higher APR for less qualified applicants. |
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Additional Features:
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| See website for card benefits. |
| *See website for complete terms and conditions of card usage and application disclosure. |
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