Bank of America Accelerated Rewards American Express Card Review

The Bank of America Accelerated Rewards™ American Express Card is a very good reward credit card with a reward program that offers travel, shopping and cash back rewards. There is no annual fee, the apr is low and you can earn unlimited points.

Bank of America is the biggest bank in the United States. American Express is the busiest creditor in the United States. When both of these companies collaborate on a credit card offer that includes a rewards program, it’s a joint effort of epic proportions. But in order to ascertain whether or not this card is a good fit for you depends on the rates and the rewards, and how they stack up to what other banks are offering.

The Bank of America Accelerated Rewards American Express Card boasts an array of all the best features that a good credit card should have:

* No annual fee

* APR is 12.99% to 20.99%, depending on your credit.

* 0% APR on purchases and balance transfers for the first seven to ten billing cycles, depending on your credit score, as long as you keep your account in good standing during that time

* 3% fee on all balance transfers, cash advances, and advance checks, with a minimum charge of $10

* Grace period on purchases is twenty-five days

* Overlimit fees and late payment fees run from $15-$29. The amount depends on what your balance is on the statement date.

* No foreign currency conversion fee on this card