Bank of America Money Return Visa® Platinum

• Get a 0.00% APR for 6 months on purchases & transfers!
• No annual fee.
• Get back 10% of yearly interest charges! Every year, you will receive
  a check from the interest you paid over the previous year.

General Card Information: Issued By:  Bank of America Rating: Categories:  0% Interest Cards  Instant Credit Cards  Reward Credit Cards  Cash Rebate Cards Credit Type:  Good / Excellent Positives: + Relatively Low APR + 0% Introductory Rate + Earn 10% of Interest Negatives: - Short Intro Period

A unique cash back reward card, the Bank of America Money Return Visa Card is designed for people with good to excellent credit who regularly carry a balance.

While most cash back programs allow you to earn directly from new purchases, the Money Return Visa Card allows you to earn a 10% rebate on all interest charges accumulated in the previous year. If you carry a balance regularly, this could equate to big savings. Rebates of $2 or more are mailed via check. Rebates of less than $2 are credited to the account. Rebates are automatic with no cap on earnings.

Obviously, the major drawback of the Money Return Card is that cardholders have to carry a monthly balance in order to receive rebates, which can prove costly over time. But for people who expect to carry a balance from month-to-month, the Money Return Visa Card can help offset higher interest charges. Plus, the card has a reasonably low ongoing APR, no annual fee and a great 0% introductory APR

Other platinum benefits that cardholders can expect include online banking, Total Security Protection®, auto rental insurance, travel assistance and more.

Features summary:

- 0% intro APR (see details above)
- Low ongoing interest rate (see details above)
- No Annual Fee
- Earn 10% cash back of the total interest paid on the card annually
- Total Security Protection® against fraud and unauthorized use of your card
- Award-winning online banking service
- Travel and emergency assistance
- Automatic auto rental insurance
- Purchase Replacement on stolen, damaged or lost purchases within 90 days of purchase.
- Purchase Guard which may double the manufacturer's original US warranty of a year or less.
- Convenience checks at no extra charge
- Additional cards at no extra charge
- Bilingual (English/Spanish), braille and large-print credit card statements