Wake Forest University from Bank of America Review
Wake Forest University from Bank of America ā all information about the credit card.
Updated November 01, 2023
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Recommended credit score
Good to Excellent (670-799)
- Rewards Rate:
- 3% Cash Back in the category of your choice (on the first $2,500 each quarter).
- 2% Cash Back at grocery stores and wholesale clubs (on the first $2,500 each quarter).
- 1% Cash Back on all other purchases.
- Intro Offer:
- $200 Cash rewards bonus after making at least $1,000 in purchase(s) within the first 90 days of account opening.
- Annual Fee:$0
- Purchase Intro APR:0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account
- Regular APR:18.24% - 28.24% Variable
- Balance Transfer APR:18.24% - 28.24% Variable
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Bank of America Wake Forest University Rewards Calculator
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All benefits
- Cash back
- 3% In the category of your choice (on the first $2,500 each quarter).
- 2% At grocery stores and wholesale clubs (on the first $2,500 each quarter).
- 1% On all other purchases.
Rate and fee information
- Purchase Intro APR
- 0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account
- Purchase APR
- 18.24% - 28.24% Variable
- Intro Balance Transfer APR
- 0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account for transactions made within 60 days of opening your account
- Balance Transfers APR
- 18.24% - 28.24% Variable
- APR for Cash Advances
- 21.24% - 29.24% Variable (for Direct Deposit and Check Cash Advances)
29.24% Variable (for Bank Cash Advances)
- 21.24% - 29.24% Variable (for Direct Deposit and Check Cash Advances)
- How to Avoid Paying Interest
- Your due date is at least 25 days after the close of each billing cycle. You will not be charged any interest on Purchases if you pay your entire balance by the due date each month. You will be charged interest on Cash Advances and Balance Transfers on the transaction date.
Fees
- Annual Fee
- $0
- Fees for Balance Transfer
- 3% of the amount of each transaction
- Fees for Cash Advances
- 3% - 5% of the amount of each transaction
- Penalty Fees
- Up to 29.99%
- Late Payment
- Up to $40
Pros & Cons
Pros:
- No Annual Fee
- Intro APR period
Cons:
- Foreign Transaction Fee
- High APR
Features
- 0% Intro APR
- No Annual Fee
- Cashback
- Payment Flexibility
- Rewards
- Student
- Good Credit
- Excellent Credit
About the issuer
Bank of America has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your
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See Another Credit Cards in the Bank
The Wake Forest University Credit Card from Bank of America is an option for those, who need Classic features. With an APR of 18.24% - 28.24% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With Bank of America Wake Forest University you will get such features as 0% Intro APR, No Annual Fee, Cashback, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.