Everything you need to know about the BankAmericard Credit Card

You won't get rewards or perks, but you’ll get debt free fast. Smart? Let’s find out.

The Bank Americard credit card isn't your usual fancy, credit card. But it’s got one job to do and it gets that done. It saves you money on interest.

The card derives its value derives largely from its 0% period. It comes with $0 annual fee and no sign up bonus, and nada rewards. It however has a balance transfer fee of either $10 or 3% of the amount of each transaction, whichever is greater and foreign transaction fees of 3%.

It offers a 0% intro APR on Purchases for 21 billing cycles and 0% intro APR on Balance Transfers for 21 billing cycles for any balance transfers made in the first 60 days, and then the ongoing APR of 14.24%-24.24% Variable APR.

Why does this card make sense?

It helps you pay off debt for cheap
The BankAmericard credit card offers one of the longest 0% period available anywhere, giving you nearly two years' worth of relief from interest. What’s more? Your interest rate won’t go through the roof after a late payment, as the card doesn't charge a penalty APR.

Bottom Line

The BankAmericard credit card is a great option for anyone looking to kill debt. But if you're looking for a card you can continue using after you tackle that balance, this might not be one for the long game.