Bank of America offered some pretty competitive credit card balance transfer offers in the past, such as 0% balance transfers and promotional APR for as long as 15 months.

But due to the ongoing financial crisis, the bank seems to have adjusted their risk appetite and no longer offers any promotional APR on balance transfers.

I can’t recall Bank of America offering any no fee balance transfer offers, as they tend to charge a 3% balance transfer fee, but it’s somewhat possible one might come along in the future.

Keep this page bookmarked, as any Bank of America balance transfer offers that do come about will be posted here immediately.

Bank of America currently only offers 0% APR on purchases for as long as 12 months, though they may have balance transfer offers available for existing customers.

Contact Bank of America by phone to inquire about such offers.

Another popular option offered by Bank of America is it’s Home Equity Balance Transfer, whereby homeowners transfer credit card balances and other loans with high APR to a home equity line of credit with the company.

However, the rate on home equity lines is in line with the prime rate, which is always above zero, and currently around 4-5%, so it’s not as cheap as a credit card balance transfer.

The only edge it may have is a larger line of credit, allowing you to transfer all of your balances, assuming they exceed the balance transfer limit on standard credit cards.

You may also want to consider American Express balance transfer offers, Capital One balance transfer offers, Chase balance transfer offers, Citi balance transfer offers, Discover balance transfer offers, and HSBC balance transfer offers.

These credit card issuers are more aggressive in the balance transfer game, and will offer 0% APR for as long as 21 months in some cases.

In conclusion, Bank of America may be better served to handle your checking account rather than offer you a competitive balance transfer credit card.