New Bank of America Better Balance Rewards Credit Card Pays You for Paying On Time and Over the Minimum

Bank of America launched the Better Balance Rewards MasterCard immediately, a card that pays you for paying your invoice on time every month and paying above the minimal fee.

In contrast to different rewards playing cards, the Better Balance Rewards bank card doesn’t pay money again on purchases, however as a substitute pays you $25 per calendar quarter in the event you’ve paid your invoice on time every month and have additionally paid above the minimal fee. You can earn $100 per yr, or you possibly can even earn $120 per yr (an additional $5 per quarter) you probably have different Bank of America accounts apart from the Better Balance card.

Whereas the card is rewarding you for paying on time and holding your bank card steadiness in verify, it could even be engaging in the event you don’t cost massive quantities annually however would love extra rewards. For instance, to earn $100 in money again with most rewards bank cards, you would need to cost $10,00Zero in purchases in your card. (That is assuming a 1% money again fee, which is the commonest money again method.)

The Bank of America Better Balance Rewards Card presents an rate of interest of 11.99% – 21.99% relying in your credit score historical past. It additionally presents a 0% fee on purchases and on steadiness transfers for the first 12 months you have got the card.

For more information on the Better Balance rewards card, and/or to use on-line, click here.

See additionally: Rewards Credit Cards, Bank of America Credit Cards, Gasoline Credit Cards