What is the average credit score needed to get approved for the BankAmericard® credit card for Students?

Bank of America doesn’t specify an average credit score requirement for this student credit card, but you have the best chance of approval with good to excellent credit.

Does the BankAmericard® credit card for Students card report to all three credit bureaus?

Yes, it reports your student credit card account to the three major credit bureaus.

Is the BankAmericard® credit card for Students application process lengthy? Can you prequalify?

You can prequalify by visiting Bank of America’s prequalification website . Meanwhile, its online application process only takes a few minutes.

What information is needed to apply for the BankAmericard® credit card for Students?

You need to provide your personal information, contact information and financial information.

Does the BankAmericard® credit card for Students have good customer service or helpful information online?

Bank of America has a detailed FAQ page on its website. It also provides educational resources to help students establish good credit habits.

Does the BankAmericard® credit card for Students card have a mobile app or the option to pay or manage your account online?

Yes, it has a mobile app and online account access you can use to stay on top of your finances.

Does the BankAmericard® credit card for Students card raise credit limits automatically or charge for limit increases?

Yes, Bank of America provides [automatic credit limit increases](https://www.moneygeek.com/credit-cards/advice/increase-credit-limit-with-bank-of-america/). But you can also request an increase through your online account or by calling the number on the back of your card.

Does the BankAmericard® credit card for Students card offer the option to freeze your credit/account or have other security features?

Bank of America has security features to protect your credit card account from fraudulent activities.

Does Bank of America offer other credit cards besides the BankAmericard® credit card for Students?

Yes, Bank of America offers various credit cards, including BankAmericard® credit card and Bank of America® Customized Cash Rewards credit card.

MoneyGeek's Take

BankAmericard® Credit Card for Students Review

Students who want to build credit and save on interest may benefit from the BankAmericard® credit card for Students credit card. It comes with a lengthy introductory 0% APR offer and no annual fee.

Advertising & Editorial DisclosureLast Updated: 1/18/2023

Reviewed By

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

The BankAmericard® Credit Card for Students is a good credit card for students who will make a large purchase soon or want to pay down existing debt while still in school. While it doesn’t have a rewards structure, you get a 0% APR for 21 billing cycles on purchases and balance transfers posted within the first 60 days after account opening. MoneyGeek’s BankAmericard® credit card for Students review further analyzes the card’s features and benefits to help you determine if it's the right option for you.

>>MORE: YOUR GUIDE TO CARRYING OUT BALANCE TRANSFERS WITH BANK OF AMERICA

Card Details to Know Up Front

Bonus, Fee or Feature
Has or Not
Has Annual Fee
Has Balance Transfer Offer
Has APR Offer
Has Rewarding Welcome Offer
Recommended Credit
Limited–Fair
Has Balance Transfer Fee
Has Foreign Transaction Fee
High APR

Click to see this card’s rates, fees and how they compare to other cards in our dataset.

OUR REVIEW AT A GLANCE

Credit Card Details at a Glance
Pros & Cons Explained
Bonuses & Rewards Explained
Our Verdict: Is This Card for You?

BankAmericard® Credit Card for Students at a Glance

With the BankAmericard® Credit Card for Students, you won’t pay interest on purchases during the first 21 billing cycles. If you make a balance transfer within 60 days of account opening, you also get a 0% APR for 21 billing cycles, then a variable APR of 16.24% – 26.24% after that.

BankAmericard® Credit Card for Students
A good no-annual-fee students’ credit card with an intro 0% APR offer
- Limited–FairRecommended Credit
- $0Annual Fee
- 21 billing cyclesBalance Transfer Duration
- 21 billing cyclesAPR Offer Duration
Pros
No annual fees
Intro 0% APR offer
Free access to your FICO score

Cons
0% APR applies on balance transfers carried out in the first 60 days
Balance transfer fees
Foreign transaction fees
No annual fees
Intro APR offer on balance transfers and purchases for the first 21 billing cycles
Need to transfer balances within 60 days of account opening to qualify for the intro APR offer
3% balance transfer fee (minimum of $10)
3% foreign transaction fee
Get free access to your FICO score
$0$ liability guarantee
Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.
Terms, rates and fees apply
Compare this credit card with other top-rated cards from our partners.

Pros & Cons Explained

While examining the benefits of the BankAmericard® Credit Card for Students, it’s also important to pay attention to the card’s drawbacks. As part of our BankAmericard® credit card for Students review, we outlined its pros and cons, so you can see if it’s the right card for your needs.

Pros

Benefits
Description
0% intro APR
The BankAmericard® credit card for Students offers 0% APR for 21 billing cycles. That means you have well over a year to pay off the balance interest-free before the regular APR kicks in. Plus, it applies to purchases and balance transfers. So, if you have a high-interest credit card you want to save money on, you can transfer the balance and pay no interest during the introductory period.
No annual fee
There is no annual fee for this student credit card.

Cons

Drawbacks
Description
No rewards program
Unlike other student cards, the BankAmericard® credit card for Students doesn’t have a rewards program.
Balance transfer fee
You pay a 3% or $10 fee on balance transfers to the card. That fee even applies to a balance transfer made within 60 days of opening your account to take advantage of the 21 billing cycles 0% APR introductory rate.
Foreign transaction fee
The card has a 3% foreign transaction fee if you use it outside the United States.

INTERESTED IN COMPARING THE BEST CREDIT CARDS OF 2022?

Each month, MoneyGeek analyzes every card in our database and chooses the top picks for popular card categories. The BankAmericard® Credit Card for Students is not a top choice for a student credit card, but you can review the best student credit cards of 2022 to see if another is a better choice for you.

Other Features Explained

In addition to the long introductory APR period and no annual fee, the BankAmericard® Credit Card for Students has other key features worth noting.

Card Feature
Description
Better Money Habits
Bank of America has an online resource center that provides tips and other information on how to handle credit, which is helpful to students.
Mobile app
You can use the Bank of America mobile app or online account portal to stay in control of your finances and make/schedule payments.
One-on-one appointment
If you want to connect one-on-one with a credit card specialist, you can set up an appointment that works for your schedule.
Zero liability protection
The BankAmericard® credit card for Students card comes with a $0 liability guarantee, which covers fraudulent transactions made by others on your account.
FICO score access
You can access your credit score for free through your online account or mobile app. Additionally, you can opt-in to receive your score, the key factors affecting your score and other information to keep your credit healthy.

MONEYGEEK QUICK TIP

Choose to receive alerts about your BankAmericard® Credit Card for Students via text or email and let your phone inform you when payments are due to stay on top of your balances and due dates. That helps you avoid late payments and the up to $40 penalty fee and builds your credit score.

Understanding the Fine Print

Before you apply for the BankAmericard® Credit Card for Students, you need to review and understand the fine print, so you won’t be caught off guard by fees and rates.

Card Feature
Amount or Rate
APR
16.24% – 26.24% variable
Annual Fee
$0
Balance Transfer Fee
$10 or 3%, whichever is greater
Balance Transfer APR
16.24% – 26.24% variable
Late Fees
Up to $40
Cash Advance Fee
$10 or 3%, whichever is greater
Cash Advance APR
19.24% – 29.24% variable
Foreign Transaction Fee
3%

Regular APR
After the intro APR period, the card has a variable APR of 16.24% – 26.24%, based on your creditworthiness.
Annual Fee
The BankAmericard® credit card for Students doesn’t have an annual fee.
Balance Transfer Fee
This card has a 0% intro APR for 21 billing cycles on balance transfers made within the first 60 days. But you do pay a 3% or $10 fee (whichever is more) per transfer at that time and afterward.
Foreign Transaction Fee
A 3% fee applies on transactions made with the card outside the United States.
Late Payment Fee
If you miss the payment due date on this student credit card, you pay up to $40 as a penalty.

WHERE TO FIND THIS INFORMATION?

You can find the information about fees, rates and more on Bank of America’s website about the BankAmericard® Credit Card for Students to compare it to a card you already have or are considering getting. For a card you have, check your card issuer’s website, latest billing statement or the credit card agreement database maintained by the Consumer Financial Protection Bureau.

Who Should & Shouldn’t Consider BankAmericard® Credit Card for Students?

Other Considerations for BankAmericard® Credit Card for Students

Before pursuing your card application, consider how the BankAmericard® Credit Card for Students may work for you if it's your only card or an additional card in your wallet.

Things to Consider if This Will Be Your First or Only Credit Card

This card has a 0% intro APR offer that can be beneficial for consolidating debt or making a new purchase. But after the introductory period ends, the regular variable APR of this card is 16.24% – 26.24%. You might pay a lot in interest if you don’t pay the balance in full every month.

Things to Consider if This Will Be an Additional Card in Your Wallet

As an additional card in your wallet, you can use the BankAmericard® Credit Card for Students to consolidate existing debts from other cards. With the 0% introductory APR on balance transfers for 21 billing cycles, you could save money and get out of debt faster. Plus, you can keep this card without having to pay an annual fee.

WHY TRUST OUR REVIEWS:

MoneyGeek follows a defined and streamlined methodology that involves collecting information from the Consumer Finance Protection Bureau, standardizing data points for card comparison, estimating average spend profiles, establishing card values and carrying out monthly re-rankings.

How BankAmericard® Credit Card for Students Compares to Other Cards

Our BankAmericard® Credit Card for Students review found it’s a good option for a student card if your focus is on financing a purchase or paying off high-interest debt without interest for a long period. Here’s how it compares to another card in the same category.

Quick Comparison of the BankAmericard® Credit Card for Students

BankAmericard® Credit Card for Students

Annual fee: $0
Intro APR: 0% for 21 billing cycles
Regular APR: 16.24% – 26.24% variable
Rewards rate: None
Best for: Students who want to pay down debt or finance a large purchase interest-free

Chase Freedom® Student credit card

Annual fee: $0
Intro APR: None
Regular APR: 19.24% variable
Rewards rate: 1%
Best for: Students who want to earn unlimited rewards

Other Helpful Decision-Making Q&As

Our BankAmericard® credit card for Students review covered the card details, but you may still have questions. We answered frequently asked questions about the BankAmericard® credit card for Students credit card to help you.

Still not sure about this card? Consider these options.

If you’re still undecided about the BankAmericard® credit card for Students, you can check out other student credit cards. If you don’t think a student card is right for your needs, consider looking at rewards cards or travel cards.

View All Credit Cards

Learn more about credit cards in general

sources

Bank of America. "BankAmericard® Credit Card for Students." Accessed April 13, 2022.
Bank of America. "Terms and Conditions." Accessed April 13, 2022.
Bank of America. "Credit Card Account Management FAQs." Accessed April 13, 2022.

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.