Bank of America serves its broad customer base throughout the world. Understanding the needs and demands of customers, it has introduced the Bank of America Platinum Credit Card, which is very suitable for those customers who have a great credit history. The best benefits of the card are, without a doubt, its low APRs (which are given to you only if you can keep your credit rating in top shape).

key features

The American Platinum Credit Card allows users to take advantage of a 0% introductory APR on cash advances and balance transfers for the first six months.

Once the introductory period expires, you are provided with a very reasonable APR on cash advances and balance transfers. However, you have to be careful about one thing: you will have to be very particular with the payments. Missing payments, say late payments, account closure and/or going over the credit line will cost you your introductory rate.

You may even have to repay for default. The late payment fee is $15 for balances up to $100. If your balance is over $100, you will be paid $29. The fee is $39 for a balance over $250. If your balance is up to $500, then you will have to pay a $15 overlimit fee. Over $500 the fee is $29 and over $1000 the balance is $39.

The infinity of benefits offered by the card

The Bank of America Platinum Credit Card allows its customers to enjoy a remarkable $25,000 of credit. As such, it is an ideal card for balance transfers. There is no balance transfer fee and transfers made within the initial six months have no or minimum APR.

The card allows users to access online banking services. This allows them to request line of credit transfers, check account balances, make balance transfers and all these facilities from the comfort of their home.

The platinum benefits offered by this card are like purchase insurance, automatic rental insurance, purchase guard, purchase replacement, travel and emergency assistance services such as emergency travel assistance and many more. Cardholders can also enjoy free cash advances with the use of this card.

Equipped with this card, you can be sure of your safety and security. If an unauthorized purchase is made with the card, you will not be responsible for it. Since the card is liability-free, it protects you against fraudulent and unauthorized use of the cards.

You can also have cash advance checks at no additional charge, add-on cards at no additional charge, full security protection for your purchases, purchase guard, and many travel/emergency services.