Bank of America Student Visa® Platinum

For discussion of rewards cards targeted at students, just starting out.

Bank of America Student Visa® Platinum

Postby Peter » Tue Aug 15, 2006 1:10 pm

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The Bank of America Student Visa® Platinum is ideal for students who would like to begin building their credit. Although this card does not have a reward program, it does offer various benefits and services such as access to online banking, Total Security Protection®, and an optional Mini Card. The interest rate for purchases and balance transfers is above average for a student card and it is not ideal if you plan to carry a balance. However, there is no annual fee, and you only need a minimal amount of monthly income to qualify for the card without a co-signer.

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Re: Bank of America Student Visa® Platinum

Postby bell22 » Tue Jan 26, 2010 1:44 am

Hi, thanks for informing, but I heard many rumors that BOA is not really good in terms of loan. Is that correct? I have to make sure first.
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Re: Bank of America Student Visa® Platinum

Postby creditcruncher » Fri Jan 29, 2010 10:15 pm

The Bank of America Student Visa Platinum is pretty good, not sure what bad things that you have heard about it???

There is reasonable low APR and also you don't get stung with annual fees, which is great for students.
The main goal is help build credit history for students which is going to help them down the track
when they need to call on it.

It even comes with theft protection too.

You get 14.25% APR for purchases, but you need to be aware that cash advances are
subject to 19.24% and late fees for balance payments go up depending on your level
of debt; I think it about $25 when you go over $100.

I think its a good card.

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