3 Best Bank of America Balance Transfer Offers

Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse our editorial content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

We think it's important for you to understand how we make money. It's pretty simple, actually. The offers for financial products you see on our platform come from companies who pay us. The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.

Compensation may factor into how and where products appear on our platform (and in what order). But since we generally make money when you find an offer you like and get, we try to show you offers we think are a good match for you. That's why we provide features like your Approval Odds and savings estimates.

Of course, the offers on our platform don't represent all financial products out there, but our goal is to show you as many great options as we can.

These offers are no longer available on our site: BankAmericard® credit card, BankAmericard® credit card for Students

Here are our picks for the best Bank of America balance transfer cards.

Bank of America® Customized Cash Rewards credit card
BankAmericard® credit card
BankAmericard® credit card for Students

Bank of America® Customized Cash Rewards credit card

From our partner

Annual Fee

$0
Intro Purchase APR

0% Intro APR for 15 billing cycles for purchases*
Intro Balance Transfer APR

See Terms*
Regular Purchase APR

18.24% – 28.24%* Variable
Regular Balance Transfer APR

18.24% – 28.24%* Variable

Additional Rates and Fees

Cash Advance Rate	See Terms*
Cash Advance Fee	See Terms*
Late Fee	See Terms*
Penalty APR	Up to 29.99% APR
Balance Transfer Fee	3% for 60 days from account opening, then 4%
Foreign Transaction Fee	3%
Return Payment Fee	See Terms*

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishing purchases.
If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
No annual fee and cash rewards don’t expire as long as your account remains open.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% – 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
Contactless Cards – The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

^*See the online provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the provider's website.

See details, rates & fees

Here’s why: The Bank of America® Customized Cash Rewards credit card comes with rewards that could provide long-term benefits once your balance is paid down.

The Bank of America® Customized Cash Rewards credit card also offers a $0 annual fee and an intro 0% APR on purchases and on balance transfers made in the first 60 days from account opening. This introductory APR lasts for 15 billing cycles from account opening. After the intro period is up, there will be a variable APR of 18.24% - 28.24% on balance transfers and purchases. Plus, the card charges a balance transfer fee of 3% for 60 days from account opening, then 4%.

If you think you can pay off your balance during the intro period and want a card with rewards, the perks could make this card worthwhile. Take a look at what the card has to offer.

First, there’s a sign-up bonus: Earn $200 in online cash rewards after spending at least $1,000 on purchases within the first 90 days of account opening (just be careful that you’re not adding to your debt).

You can also earn rewards for your spending in certain categories. Once a month, you can choose one category to earn 3% cash back: gas and EV charging stations, online shopping/cable/streaming/internet/phone plan, dining, travel, drugstores, or home improvement and furnishings. You’ll also earn 2% back at grocery stores and wholesale clubs. Just know that each quarter, you can only earn the 3% cash back in your choice category and 2% back at grocery stores and wholesale clubs on the first $2,500 in combined choice category/grocery store/wholesale club purchases. You’ll get unlimited 1% cash back on all other purchases and after the quarterly cap is met.

Read our review of the Bank of America® Customized Cash Rewards credit card for more details.

BankAmericard® credit card

Here’s why: The BankAmericard® credit card offers an intro 0% APR for 18 billing cycles on purchases and balance transfers. But there are a few things you should know.

You have to transfer your balance within the first 60 days of your account opening to qualify for the intro APR offer.
After the 18 billing cycles are up, there will be a variable APR on purchases and balance transfers of 16.24% to 26.24%.
There’s a balance transfer fee: 3% of the amount of each transaction.

It also charges a $0 annual fee.

Check out our review of the BankAmericard® credit card to take a closer look.

BankAmericard® credit card for Students

Here’s why: If you’re a student focused on paying down debt while also learning how to build good credit habits, the BankAmericard® credit card for Students could be the card for you.

The card comes with an intro 0% APR on purchases and balance transfers for the first 18 billing cycles — as long as you transfer your balance in the first 60 days your account is open. But you’ll pay a balance transfer fee of 3% of the amount of each transaction. After the intro 0% APR period, there’s a variable APR of 16.24% – 26.24%.

For students who have some credit card debt to pay down and are trying to build credit history, these features could help.

How to make the most of balance transfer cards

No matter which Bank of America card you might choose, know that regular interest rates kick in after the intro APR expires.

Make sure you pay off any balance transfers and purchases before the rates go up to avoid paying interest.

About the author: Christy Rakoczy Bieber is a full-time personal finance and legal writer. She is a graduate of UCLA School of Law and the University of Rochester. Christy was previously a college teacher with experience writing textbo… Read more.

The 3 best Bank of America balance transfer offers

Advertiser Disclosure

Here are our picks for the best Bank of America balance transfer cards.

Bank of America® Customized Cash Rewards credit card

Bank of America® Customized Cash Rewards credit card

Bank of America® Customized Cash Rewards credit card

BankAmericard® credit card

BankAmericard® credit card

BankAmericard® credit card

BankAmericard® credit card for Students

BankAmericard® credit card for Students

BankAmericard® credit card for Students

How to make the most of balance transfer cards