Bank of America® Platinum Plus® Visa® Card Reviews: Is It Worth It? (2024)Reviews, rates, fees, and customer service info for The Bank of America® Platinum Plus® Visa® Card. Compare to other cards and apply online in secondsJohn KiernanWalletHubNo membership fees0% intro APR on balance transfersLow regular APRNo rewardsNo initial rewards bonusNo intro APR on purchasesBalance transfer fee
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Lower Cost of Existing Debt." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
We're sorry, but the Bank of America® Platinum Plus® Visa® Card may no longer be available to new applicants or we may no longer be able to obtain complete information related to this offer.
Bank of America® Platinum Plus® Visa® Card has a rating of 2.7/5 according to our proprietary credit card rating system. This rating reflects how appealing Bank of America® Platinum Plus® Visa® Card's terms are compared to a pool of more than 1,500 credit card offers tracked by WalletHub. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is 'Lower Cost of Existing Debt'. To break it down further, Bank of America® Platinum Plus® Visa® Card earned a score of 5.0/5 for Fees, 2.3/5 for Cost, 2.7/5 for APR, and 3.6/5 for User Reviews.
WalletHub Rating Breakdown
User Reviews
3.6/5
126 reviewsRead and write reviews
Market Comparison
Market Comparison
2.7
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Lower Cost of Existing Debt” for this card.
Fees
5.0
Cost
2.3
APR
2.7
2.7/5
Compared against 1,500+ credit cards
KEY TERMS
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Annual Fee
$0
APR on Purchases
10.24% - 16.24% (V)
Balance Transfer
0% intro APR for 7 months, 10.24% - 16.24% (V) APR after that
Balance Transfer Fee:3%
Bank of America® Platinum Plus® Visa® Card's Additional Info
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Lower Cost of Existing Debt." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
User Reviews
3.6
Market Comparison
2.7
fees: 5.0
cost: 2.3
APR: 2.7
4.2WalletHub Rating
WalletHub Rating
4.2
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Finance New Purchases." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
4.5
User Reviews
3.5
Market Comparison
4.2
fees: 5.0
rewards: 5.0
cost: 4.3
APR: 3.8
4.2WalletHub Rating
WalletHub Rating
4.2
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Finance New Purchases." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
4.8
User Reviews
3.2
Market Comparison
4.2
fees: 4.0
rewards: 0.0
cost: 4.0
APR: 5.0
(126)
(5,112)
(127)
annual fee$0
annual fee$0
annual fee$0
Purchase Intro APRNot Offered
Purchase Intro APR0% for 15 months
Purchase Intro APR0% for 21 months from account opening
transfer intro apr0% for 7 months|Transfer Fee:3%
transfer intro apr0% for 15 months|Transfer Fee:3% for the first 15 months, 4% at a promo APR that Capital One may offer you at any other time
transfer intro apr0% for 21 months from account opening on qualifying balance transfers|Transfer Fee:5% (min $5)
Can't find what you are looking for? Submit your question about Bank of America® Platinum Plus® Visa® Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this offer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page.
The Bank of America Platinum Plus Card had a variable interest ranging from 10.24% to 16.24%, depending on an applicant's creditworthiness.
However, this card is no longer available to new applicants. You may therefore want to check out our Editors' Best card picks or try our free CardAdvisor tool to find other options.
The Bank of America Platinum Plus card was unsecured, which means no security deposit was required.
However, it is no longer available to new applicants. For help choosing a card that suits your needs and preferences, we recommend trying our CardAdvisor tool.
Yes, the Bank of America® Platinum Plus® Visa® Card does have a foreign transaction fee of 3%. Remember that the foreign transaction fee is in play both when you're traveling abroad and when you're making online purchases from internationally based merchants. If prices on a website are quoted in a foreign currency, that's a good indication you are looking at an international merchant.
The Bank of America Platinum Plus travel insurance kicks in if you use the card to purchase your travel tickets. You get travel accident insurance, which provides coverage in case you suffer an accident under the responsibility of a common carrier.
You also have additional travel benefits, like auto rental insurance, and protection against accidents or medical emergencies that happen internationally.
Coverage may vary by issuer, so please call Bank of...
The Bank of America® Platinum Plus® Visa® Card's extended warranty works by doubling the period of the original manufacturer's U.S warranty if the original term is less than a year. For original U.S. warranties of 1 to 3 years, this benefit will extend that warranty by an additional year. In order for this benefit to work, you must use your Bank of America® Platinum Plus® Visa® Card to pay for your eligible item.
To find out more information about what's not covered, or to file a...
No, getting a Bank of America® Platinum Plus® Visa® Card did not waive the Bank of America checking account fee. It's worth noting that the card is no longer available to new applicants. However, depending on the account you have, there are several ways to avoid paying the fee.
Ways to Waive Your Monthly Checking Account Fee
If you are a student under age 25 enrolled in school or an educational or vocational program.
No, you only have to pay the minimum monthly due to avoid the late fee and becoming delinquent. However, if you do not pay in full, you will be charged interest on any remaining balance.
Bank of America® Platinum Plus® Visa® Card Reviews
Share your insights and review for the Bank of America® Platinum Plus® Visa® Card
5
35%
4
24%
3
21%
2
13%
1
8%
3.6
126 reviews
126 reviews
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Sommer Cummings @somtimey
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1 Star Rating
Worst card I have! The only reason I haven’t closed it is because it’s my oldest card. I’ve had this card for over 10 years and have never received a credit limit increase, neither randomly nor as requested. I’ve had a $500 limit for that entire timeframe. No late payments EVER. Credit score of 760. Six figure earner. To give context, I have a Chase Sapphire card with a limit of $30,000 (started at $6,000 but got a credit limit increase without asking after only 3 months of having it to $30,000). I’ve called as well thinking it was a glitch but still got the letter in the mail with a denial letter. Ridiculous!
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1
0
Dennis @dennisray1950
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5 Star Rating
Verified Customer
It’s a very card to have when you traveling outside of the country, and if for any reason i need more pocket money I’m not without my Bank of America platinum card. I don’t leave home without it. Thanks!
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0
0
Dorothy @dorothyf
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5 Star Rating
Verified Customer
I love my bank American credit card because I have a great rate.✅ balance transfer from higher interest rate cards…great customer service
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1
0
sayed @sayedster
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5 Star Rating
Verified Customer
This is very excellent site and assisted me boost my credit and track it along with my spending. Thanks to WalletHub that helped me in this trend and encouraged me to share it among my friends .
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1
0
Phillip @vcphilbell
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5 Star Rating
Verified Customer
Enjoy using this card as we get points and fly miles. It’s unfortunate that the interest rate can't be a little bit lower but overall it’s not too bad.
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0
0
Jonathon @jonathon_lr_bell
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3 Star Rating
Verified Customer
Nice low rate and long 0 interest entry promotion, but could use some rewards once the entry has ended. Likely to only use for large purchases where I don’t usually earn rewards after first 18 months.
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0
0
Brandi @brandit_15
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3 Star Rating
Verified Customer
Who knew BAC would be the last one standing when others bailed on me after my Divorce. But I hung in there made minimal when had too paid it down when could and now they gave me a chance to really walk with pride into any place and not be treated like a beggar of street. I still have my issues with BAC especially the lack customer service but I’m still grateful to them.
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0
0
Elizabeth N @en142798
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1 Star Rating
Verified Customer
This card is terrible. When I first got the card, it was secured and through the bank account I had with them. I put $300 down to secure the line of credit and was told that if I used it and made all of the payments on time and had a zero balance at the year mark, they would graduate it for me and turn it into an unsecured card and I'd get my deposit back. That was in 2013. I applied every year and finally at the beginning of this year, I got my graduation. I have had good credit for the last two of those years. I've never missed a payment and I haven't carried a balance on this card since right before the year mark, so 2014. Every time I've used it since, I have paid it off immediately. When they graduated me, I was approved for a $500 limit and a $39 annual fee, and this card has never had any rewards. I haven't been able to get an increase to save my life and they won't lower the interest rate or remove the fee. I called to ask and they said it was because I have serious delinquencies on my credit. I have two very old accounts in collections that are about to fall off that have not affected my ability to grow my credit score to a beautiful 700+, pick up the American Express every day blue cash card (no annual fee), Chase Sapphire with an $11,000 limit, or the ever difficult to obtain CapitalOne VentureOne card (also with no annual fee) and a $5,000 limit. Clearly I can handle my credit, but I don't know what Bank of America is doing. When I asked them to close my account, they happily said okay. This is funny because just 20 minutes prior, I requested to close my CreditOne card. I feel I have outgrown this card. They fought so hard to keep me with an annual fee refund and the possibility that I'll be able to wipe out some of the features of this card I don't like. More on that in February when I call in and request it, but, I found it a touch disheartening that the Bank of America people didn't even try to keep my business and the really kind of horrible CreditOne people did (the card is horrible, not the people). So, there is my review... take it for what it is worth. Don't be surprised if you kinda get treated like the scum of the Earth even after you've built your credit into the skies. Closing a card never felt so good.
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1
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Mike Carter @mikec_14
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5 Star Rating
I've had this card for about four and a half years now.they have pretty good service no matter what the problem is and they provide great help. I was so happy when I first started using the service, because they are not impersonal like other bank credit card companies that I have had to deal with.I will highly recommend this card because it really help me build credit and was great for loans and good service...great bank great choices two thumbs up.....
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3
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DB @db
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3 Star Rating
I've had this card for about 8 years to help me build credit. Had to put down a $500 deposit to secure it. It's okay, but very limited. The APR is pretty low, I can use it just about anywhere, and there's no smart chip so I don't have to worry about the type of identity theft so common with those type of cards now. On the downside, there's no rewards, and my credit limit is never getting extended on the card (which is the same as the deposit). If you're looking for a starter card to help build your credit, you could do worse than this one. Just don't expect it to change everything for your credit situation.
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