Refer to bankofamerica.com/savings for current rates. 8 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the ...
Refer to bankofamerica.com/savings for current rates. 8 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the ...
One of the biggest benefits of a Bank of America HELOC is the option to convert a portion of your line of credit into afixed-rate loan. HELOCs typically have variable interest rates that fluctuate depending on the economy and interest trends overall. If you’re looking forthe flexibility of...
Refer to bankofamerica.com/savings for current rates. Footnote 8 Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the submittal of home equity application (for ...
Bank of America Advantage Savings SafeBalance Banking® SIMPLE BANKING Simple banking with an easy-to-use experience. Open account Minimum account opening $25 $4.95 or $0 monthly maintenance fee Learn more Spend only the money you have2— no overdraft fees No interest earned Advantage ...
That certainty allows you to better budget your money, as you’ll never have to guess the monthly payment amount or face higher payments if rates rise.Types of fees charged If you get a Bank of America HELOC, you won’t pay any application fee, closing costs or annual fees. There are ...
Interest Rate:The annual percentage rate (APR) on your credit card plays a significant role in determining the minimum payment. Higher interest rates lead to increased finance charges, which in turn elevate the minimum payment amount. Fixed Minimum Amount:Some credit card issuers establish a minimu...
As a Preferred Rewards member, you’ll gain access to other benefits — including discounts on investment services, mortgage origination fees, HELOC and car loan interest rates, as well as no charge for select banking services. Maximizing the Bank of America Customized Cash Rewards card To get...
(HELOC) account into a Fixed-Rate Loan Option, resulting in fixed monthly payments at a fixed interest rate. The minimum HELOC amount that can be converted at account opening into a Fixed-Rate Loan Option is $5,000 and the maximum amount that can be converted is limited to 90% of the ...
If your enrollment in the Preferred Rewards program is discontinued, the interest rate booster may be discontinued. Refer to bankofamerica.com/savings for current rates. 4 Credit Card Preferred Rewards Bonus. Certain credit cards are eligible to receive a Bank of America Preferred Rewards® ...