How to do a balance transfer with Bank of America

The BankAmericard® credit card* includes a 0 percent intro APR for 18 billing cycles on purchases and on balance transfers made in the first 60 days from account opening, followed by a 15.24% – 25.24% Variable APR on purchases and balance transfers. An intro balance transfer fee of 3 percent applies for balance transfers made within 60 days from account opening, after which a 4 percent balance transfer fee applies.

This intro APR offer means you can avoid high interest rates for a year and a half, giving you plenty of time to pay off debt. Plus, with no penalty APR for late payments and a lower variable APR, this no-annual-fee card is an excellent way to save on interest.