Ban Of America MasterCard

Answer 1

Most people would agree that credit cards offer convenience as well as security and flexibility for day to day and larger purchases. Much more convenient than carrying large amounts of cash were writing checks, credit cards long ago surpassed these other payment methods in terms of the number of transactions conducted and the amount of money spent.

Competition among credit card issuers are new customers is intense and thus offers many benefits and incentives for those applying for a new card.

One of the largest credit card issuers in the United States, Bank of America, has teamed up with MasterCard to offer several options to credit card users.

For starters, Bank of America MasterCards have no annual fee, protection from identity theft and fraudulent use and a very low introductory APR as incentives to users. The card also only earns points for purchases of gasoline, groceries and various drugstore items. These points accumulate without expiring until they are redeemed for things such as gift certificates merchandise, airline travel, hotel stays and car rentals. The key feature to this incentive program is that it offers simplicity in that there is no need to track which category of purchase is eligible for rewards, unlike some other credit cards they require registration every month to qualify.

The Bank of America MasterCard also has leading-edge technology known as PayPass that permits you to use your card for fast and secure checkouts by simply tapping the card on the merchants pay pad. This way, the card is never out of your sight.

You can also link the Bank of America credit card to a checking account to protect you against accidentally overdrafting your checking account and incurring fees.

Currently, Bank of America is offering a 0% APR on purchases for 12 months, which is great for anyone contemplating a major purchase with the ability to spread the payments out for a year without interest charges. This is also great if something unexpected and unpleasant, such as a major car repair, comes along.

The Bank of America website has complete details about these and other benefits of their MasterCard product. There is also information pertaining to interest rates, fees and other costs associated with the card.