Bank of American has just increased their APR on a few of their reward cards. Previously, cardholders will either get an APR of 7.90% (very low) or 13.99%. Right now, this rate has increased to 9.99% or 15.99% (depending on your credit). The following cards are affected :

Bank of America Rewards American Express Card

Bank of American Visa Signature Card WorldPoints Rewards

Bank of America World Mastercard with WorldPoints

Bank of America Platinum Plus Mastercard with WorldPoints

Cards not affected

However, the good news for those looking for a really low APR credit card is that there are a couple of BOA cards that are not affected (at for now anyway). The cards are :

Bass Pro Shops® Outdoor Rewards Visa® Card

Ducks Unlimited WorldPoints™ Platinum Plus® MasterCard®

NFL Extra Points™ Visa® Card

There is no guarantee that Bank of America will not raise the APR on these cards very soon. Having said that 9.99% APR is still very low. If you have very good credit, Bank of America is the place to look for a low APR credit card.

This entry was posted on Tuesday, June 26th, 2007 at 4:41 am and is filed under Bank of America Credit Cards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.