Bank Of America Locations Near Me – Consider This..

The introduction of credit cards has brought a revolution in the payment system. The conventional way of purchasing things with cash is done away with and what can be more convenient than buying items on credit and repaying the amount after a month from the day you have bought the item?

Credit cards are making shopping easy and convenient. And with the number Online users gradually increasing, the future of online shopping is bright. It is not an exaggeration to say that online shopping is experiencing a boom. Such market condition, using credit and debit card will almost certainly increase manifold. Buying items and services over the Internet saves time and energy. As opposed to standing in a long queue, you can book your tickets or buy things with just several clicks on your mouse.

One of the market leaders of charge card issuers is Bank Of America Atm Near Me. In fact, Bank of America will be the largest issuer of charge cards in the US. It has surpassed its nearest rival J.P. Morgan Chase as the largest charge card issuer after its merger with one of the leading charge card issuers – MBNA.

With this particular merger, Bank of America Card Services organization has a lot more than 40 million active U.S. accounts. It is actually worthwhile to take note that Bank of America is also the largest issuer of atm cards.

Bank of America bank cards are among the most flexible credit cards available in the market. Its credits cards are made to suit extensive credit situations and special needs of students and large businessmen.

Just about the most interesting features of Bank of America credit cards is its low Annual Percentage Rate (APR). Though some of the Bank of America credit cards have introductory APR, these are quite low, that is usually 1.9% for a period of usually six months. It’s quite a great deal if your regular APR is fixed at 6.99% even though there is an introductory APR of 1.00% for a time period of 6 months. The majority of credit cards from Visa and MasterCard have higher regular APRs.

For example, Mexicana® Airlines Visa® Platinum includes a regular APR which is 6.99% plus an introductory APR which is fixed at 1.9%. Though it carries a yearly fee of $45, its benefits are immense. After your first purchase, you obtain 1 free companion ticket coupon. Thereafter, you will receive a $99 companion ticket coupon annually. You can also earn 1 Frecuenta Mile for every dollar spent and two Frecuenta Miles for each dollar spent with Mexicana Airlines. Annually you will receive 2,000 anniversary mile and 4,000 Welcome Miles once you have joined the Frecuenta Program. These miles can be redeemed on Mexicana or on some of its 15 partner airlines.

On the flip side, a lot of the Bank of America credit cards carry an annual fee. Like every other bank cards, Bank of America credit cards have reward cards, credit cards for college students, corporate etc. Its cards can also be made to serve the numerous needs of its diverse range of consumers. It provides reward programs designed for air travelers and frequent shoppers. In additions a few of its credit cards has additional benefits and perks.

Though Bank of America is definitely the largest issuer of credit and debit cards, it does not have its very own electronic payment processing network. Its smart fees to card issuers Visa and MasterCard to process charges made with cards issued by Bank Of America Customer Service Phone Number. After MBNA merged with Bank of America, it is considering acquiring its own electronic payment processing network. When it succeeds by doing this, it will no doubt akzgrb being a serious competitor to market leaders Visa and MasterCard.

With the merger of MBNA, Bank of America charge cards have likewise acquired a whole new dimension. MBNA was the pioneer in issuing specialty charge cards to universities, colleges, and business. It will definitely the break the marketplace monopoly of Visa and MasterCard.

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