Bank of America Choice Privileges

Est Annual Rewards, Net
$459
of Choice Points
 Bank of America Choice Privileges Credit Card
Reward RateReward DetailsAnnual Fee & PromosAPR, variableIntro APR Promotions
2.00%
  1. Earn 2 points per $1 spent on purchases
  1. Earn 15x at Choice hotels, 2x elsewhere
 Fee:$0
Promo: 8,000 Choice Points Bonus 		Min Apr: 13.24%
Default: 27.24%
Cash Adv: 19.24% 		Purchase:1.99% for 6 mos.
Transfer:1.99% for 6 mos.
Finance Charge Calculator
Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.
Finance Charge, Balance Transfer*
TypeInterest
Balance Transfer Fee, 0.0%$0
Promo APR, First 6 months$100
APR, 30 months$3,937
Total$4,037
* calculations assume a balance transfer of $10,000 over 3 years.

Effective Annual Rate for Balance Transfers of 12.0% includes transfer fees and APR promotions. EAR>APR because APR is compounded monthly while EAR is compounded annually.

Effective Annual Rate, Purchases
Promo EAR, 6 months2.01%
Ongoing EAR, 30 months14.07%
Total EAR, 36 months11.97%
APR Rankings
APR 13.24% ranks # 123 out of 313 cards. Average is 13.66%.
Balance Transfer Fee 0% ranks # 1 out of 305 cards. Average is 3%.
Cash Advance APR 19.24% ranks # 24 out of 304 cards. Average is 22.19%.

Rewards Rankings
Annual Fee $0 ranks # 1 out of 322 cards. Average is $19.
Base Reward Rate 2% ranks # 1 out of 248 cards. Average is 0.95%.
Effective Reward Rate 2% ranks # 1 out of 248 cards. Average is 1.04%.
Sign-up Bonus $80 ranks # 52 out of 317 cards. Average is $35.

Rewards Type: Choice Points
Signing Promotion
($80=8,000 points)/3 yrs 		$27
Estimated Annual Rewards
$21,600 * 2.00% 		$432
Annual Fee, 3 yr avg
 $0
Annual Rewards (Rewards less Fees) $459


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