The Bank of America Visa Signature® WorldPoints® Rewards, issued by FIA Card Services, N.A., is designed for those with excellent credit who plan to take advantage of the reward program that it offers.
Cardholders earn one point for every dollar spent on general purchases, which can be redeemed for a variety of benefits including merchandise, gift certificates, cash rebates, and travel rewards. There is no limit to the amount of points that may be earned per year; however, points will expire after five years.
This card has no annual fee, and the APR for purchases and balance transfers is reasonably low. There is also a 0% introductory APR for balance transfers and cash advance checks for the first twelve billing cycles.
In addition to the reward program, cardholders can expect common benefits such as fraud protection services, online access, and a personal concierge service.
Therefore, those who plan to take advantage of the introductory offer, the very low APR for purchases and balance transfers, the reward program, and the various benefits and services may find the Bank of America Visa Signature® WorldPoints® Rewards to be a suitable option.
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 is 0% for the first 12 billing cycles on balance transfers and cash advance checks. |
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Purchase APR:
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9.99% / 15.99% (Fixed)
The APR for purchases is based on the Prime Rate. |
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Cash APR:
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19.99% (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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None |
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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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Minimum Credit Limit:
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$5,000 |
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Points Per Dollar:
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1 Point |
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Point Details:
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Points are redeemable for travel, merchandise, gift certificates, cash, and more. |
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Expiration:
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5 Years |
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Yearly Limit:
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None |
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Most Attractive Feature(s):
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| No yearly limit on points earned; no annual fee; very low APR on purchases. |
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Least Attractive Feature(s):
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| Points expire five years after they are earned. |
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Additional Features:
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| See website for additional benefits. |
| This card is issued by FIA Card Services, N.A. The fixed APR for purchases and balance transfers varies according to the applicant's credit history and will be either 9.99% or 15.99%. See website for complete terms and conditions of card usage and application disclosure. |
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