Bank of America Accelerated Rewards™ American Express® Card Application
DETAILS OF RATE, FEE, FEE, AND OTHER COST INFORMATION As required by law, rates, fees, and other costs of this credit card offer are disclosed here. All account terms are governed by the Credit Card Agreement sent with the card. Account and Agreement terms are not guaranteed for any period of time; all terms, including the APRs and fees, may change in accordance with the Agreement and applicable law. We may change them based on information in your credit report, market conditions, business strategies, or for any reason.
Annual Percentage Rate (APR) for Purchases Standard APR: 7.9%. See explanation 1 below for Default APR
†Other APRs Balance Transfers : 0% Introductory APR applies to Balance Transfers through your first twelve statement Closing Dates (the Promotional Period). When the Promotional Period ends, the Standard APR for Balance Transfers is 7.9%. The Promotional Period will end sooner if your payment is late or the account balance is over the credit limit. See 1 and 2 below for explanation. Cash Advances : 0% Introductory APR applies to Direct Deposits that are not processed online (non-online Direct Deposits) and Check Cash Advances through your first twelve statement Closing Dates (the Promotional Period). When the Promotional Period ends, the Standard APR for non-online Direct Deposits and Check Cash Advances posted to your account either during the Promotional Period or before August 11, 2007 is 7.9%. Non-online Direct Deposits and Check Cash Advances posted to your account on or after August 11, 2007 and after the end of the Promotional Period will be subject to the Standard APR for Direct Deposits and Check Cash Advances of 19.99%. The Promotional Period will end sooner if your payment is late or the account balance is over the credit limit. See 1 and 2 below for explanation. The Standard APR for Bank and ATM Cash Advances and for online Direct Deposits is 19.99%. Cash Equivalents posted to your account on or after August 11, 2007, will be Cash Advances subject to the Standard APR for Bank and ATM Cash Advances. Cash Equivalents include the purchase of money orders, foreign currency, and travelers checks from a non-financial institution, person-to-person money transfers, bets, lottery tickets, casino gaming chips and, as of August 11, 2007, will include fines and bail bonds. Default APR : Up to 24.99% for all Purchase, Balance Transfer, and Cash Advance balances if late or overlimit. See 1 below for explanation.
Grace period for repayment of balance for Purchases At least 20 days from the statement Closing Date (provided you fully paid your New Balance Total from the previous statement by its Payment Due Date). See ■ below for explanation.
Annual fee None.
Method of computing the balance for Purchases Average Daily Balance (including new transactions).
Transaction fee for Purchases Transaction fee for the purchase of wire transfers from a non-financial institution: 3% of each such purchase (minimum $10). Transaction fee for Cash Equivalents posted either during the Promotional Period for Purchases or before August 11, 2007: 3% of each such purchase (minimum $10). Cash Equivalents posted to your account on or after August 11, 2007 will be Cash Advances and will be subject to the transaction fee for Cash Equivalents as noted below.Transaction fee for the purchase of wire transfers from a non-financial institution: 3% of each such purchase (minimum $10). Transaction fee for Cash Equivalents posted either during the Promotional Period for Purchases or before August 11, 2007: 3% of each such purchase (minimum $10). Cash Equivalents posted to your account on or after August 11, 2007 will be Cash Advances and will be subject to the transaction fee for Cash Equivalents as noted below.
Foreign Transactions None.
Transaction fee for Balance Transfers and Check Cash Advances: 3% of each such cash advance (minimum $10). Transaction fee for Bank and ATM Cash Advances and online Direct Deposits: 3% of each such cash advance (minimum $10). Transaction fee for Overdraft Protection Bank Cash Advances (if enrolled): None of each such cash advance (minimum $0). Transaction fee for Cash Equivalents: 3% of each such cash advance (minimum $10). See 3 below for explanation. Late-payment fee: Based on your balance as of the day the fee is assessed- $15 if $100 or less; $29 if between $100.01 and $250; $39 if over $250. Over the credit limit fee: Based on your balance as of the day the fee is assessed - $15 if $500 or less; $29 if between $500.01 and $1000; $39 if over $1000. 1 Each time your minimum payment is late (i.e., not received by 5 p.m., ET, on its Payment Due Date), or the account balance is over the credit limit, we may increase each of your account's Standard APRs up to the Default APR. The Default APR will be applied to all new and outstanding balances. If your account has balances with different APRs, payments are applied to the balance with the lowest APR before any payments are applied to balances with higher APRs. This means that balances with higher APRs are not reduced until balances with lower APRs have been paid off. 2 The Introductory APR is effective upon the opening of your account and does not apply to Purchases, Bank and ATM Cash Advances, or online Direct Deposits. When a Promotional Period ends, the Standard (non-introductory) APR is applied to the new and outstanding balances (consisting of Balance Transfers, non-online Direct Deposits, and Check Cash Advances). If your payment is late or the account balance is over the credit limit, either the Standard APR or the Default APR will be applied to those balances as of the first day of the billing cycle in which the payment was late or the balance exceeded the credit limit. We reserve the right to change the Standard APRs and the Default APR on your account. REMINDER: To preserve the grace period for new purchases, pay your New Balance Total in full and on time. The 0% APR does not apply to Purchases. ■ The number of days between your statement Closing Date and your Payment Due Date (the grace period) may vary from one Billing Cycle to another. 3 We include Transaction Fees when computing finance charges. Incurring Fees results in an APR exceeding 0% for the billing statement on which Fees appear. The Daily Periodic Rate (DPR) will remain 0% as disclosed. ▲ American Express (1) converts charges made in foreign currencies to U.S. dollars using a rate selected on the business day prior to the day on which the charges are processed by American Express and (2) applies a 1% commission to the converted amount. See the Credit Card Agreement for details. American Express Cards are not presently accepted for the purchase of bets, lottery tickets, or casino gaming chips.
The information contained in this advertisement was accurate as of 4/1/2007. The information may have changed after that date. To find out what may have changed you may contact FIA Card Services, N.A., for specific information by calling 1-800-932-2775 or by writing to P.O. Box 15020, Wilmington, DE 19850. TTY users, please call 1-800-833-6262. § WORLDPOINTS REWARDS. Rewards begin at 2,500 points for cash/merchandise and 25,000 for air. Air rewards subject to maximum dollar value and special air arrangements require payment of additional points and a processing fee. Earn unlimited points. Earn 1 point per dollar of new net retail purchases charged to the card each month. Point earnings are rounded to the nearest whole point. Cash advances, including balance transfers, purchases of money orders or other cash equivalents, out-of-network payments made through Bill Pay Choice SM , purchases made by or for a business or for a business purpose, and unauthorized/fraudulent transactions do not earn points. Points valid for 5 years. Air rewards from AK, HI, or PR limited to mainland U.S. unless fare paid to U.S. gateway. Points and/or rewards may not be combined with other discount or reward programs, unless specifically authorized by Bank of America. Online merchandise catalog has widest selection of rewards; abridged catalog sent upon request. Cash reward check expires 90 days after date of issue. Cash rewards not transferable. Other significant terms apply. Program terms may change. For more information, visit www.bankofamerica.com/worldpoints . Details accompany new account materials. Total comprised of Travel and Foreign Exchange Services locations of American Express. Not all services are available at all locations and services are subject to local laws and cash availability. Limitations and exclusions apply to benefits described here and in the Guide to Coverage. Refer to Guide for complete details and restrictions. Car Rental Loss & Damage Insurance (which provides coverage in excess of other insurance) and Travel Accident Insurance plans underwritten by Federal Insurance Company, a member insurer of the Chubb Group of Insurance Companies, Warren, N.J. Emergency Assistance Service and Emergency Roadside Assistance provided by AXA Assistance USA, Chicago, IL. Emergency Assistance and Emergency Roadside Assistance available to you when you have made at least one (1) purchase with your Card in the prior 12 months. Retail Protection and Extended Warranty plans provide coverage in excess of other insurance under a master policy of insurance issued by Virginia Surety Company, Inc., Glenview, IL. In arranging card benefits, an American Express entity may act on behalf of the insurer and receive compensation that may vary by insurance provider and product. An American Express entity also may act as reinsurer and receive reinsurance income. Concierge service provided by Les Concierges, Inc. You are responsible for the cost of goods and services arranged on your behalf. The Identify Theft Recovery Unit is provided by Intersections, Inc. *BALANCE TRANSFERS. If the total amount you request exceeds your credit line, we may either send full or partial payment to your creditors in the order you provide them to us or we may send you Cash Advance Checks. Allow at least 2 weeks from account opening for processing. Continue paying each creditor until the transfer appears as a credit. Transfers are processed as cash advances as described in the Credit Card Agreement. Cash advances incur finance charges from the transaction date. Balance Transfers and Cash Advance Checks are subject to transaction fees in the amount of 3% of the transaction (minimum $10). If you have a dispute with a creditor and pay that balance by transferring it to your new account, you may lose certain dispute rights. Balance Transfers and/or Cash Advances Checks may not be used to pay off or pay down any account issued by FIA Card Services, N.A. **Certain restrictions apply to each benefit. Details accompany new account materials. The WorldPoints program is managed in part by independent third parties, including a travel agency registered to do business in California (Reg. No. 2036509-50); Ohio (Reg. No. 87892086); Washington (6011237430) and other states, as required. Intersections and Identity Theft Recovery Unit are service marks of Intersections, Inc. Bank of America is a registered trademark of Bank of America Corporation. American Express is a federally registered service mark of American Express, and is used by the issuer pursuant to a license. FIA Card Services, N.A., is the issuer and administrator of this credit card program. ©2007 Bank of America Corporation
Bank of America Accelerated Rewards™ American Express® Card Application
Bank of America Accelerated Rewards™ American Express® Card Review
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