Bank Of America Cash Rewards Foreign Transaction Fee
Earn unlimited 1 5 points for every 1 you spend on all purchases everywhere every time and no expiration on points calculate rewards travel rewards.
Bank of america cash rewards foreign transaction fee. 5 0 1 ratings yes bank of america cash rewards does offer no foreign transaction fees. If you re planning on using a bank of america card while traveling abroad there are a few fees it ll really help to know about. Foreign transaction costs rating. The bank of america business advantage cash rewards credit card charges a 3 foreign transaction fee when making purchases or withdrawing cash using the card abroad.
No blackout dates or restrictions and points do not expire. There are 9 bank of america credit cards with no foreign transaction fees including the bofa premium rewards and travel rewards cards. If you re a bank of america preferred rewards client you ll receive a discount off the published exchange rate as well as no fee on standard shipping 7 50 value with all orders placed in online banking or through the mobile banking app. Bank of america has one of the largest networks of atms with around 16 000 locations at more than 4 000 branches in the us.
A transaction fee is a fee charged when making certain cash advance transactions such as bank or atm cash advances check cash advances balance transfers or direct deposits. This could be as high as 29 99 apr variable on all of your balances. Bank of america international atm fees a closer look. The bank of america business advantage cash rewards credit card charges a 4 balance transfer fee with a 10 minimum.
The bank of america foreign transaction fee is 3 or 0 of all international transactions depending on the bofa card. Earn 3 cash back in the category of your choice 2 at grocery stores and wholesale clubs up to 2 500 in combined choice category grocery store wholesale club quarterly purchases and 1 on all other purchases with the bank of america cash rewards credit card. How much does it cost to use bank of america s cash rewards overseas. If you carry a balance month to month this high interest rate could eat into savings from 0 foreign transaction fees.
Each bank of america no foreign transaction fee card comes with a penalty interest rate for late payments. A transaction fee may also be charged if you make a foreign transaction or if you have overdraft protection on a deposit account that s tied to your credit card. Use your card to book your trip how and where you want and pay yourself back with a statement credit towards travel purchases.