Bank of america interest charged on purchases

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Just noticed that Boa has charged me $ labeled as "Interest charged on Purchases". Is this penalty for not paying CC in time? and for any balance transfers made within the first 60 days of opening your account. After that, a Variable APR that's currently % to % will apply. 3%. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and.

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If you travel often, you may want to consider one of our credit cards with no foreign transaction fees Visit Better Money Habits for more information about choosing the right card for you. Limited Time Offer. Add to compare. Bank of America does not charge for this service but your mobile carrier's message and data rates may apply. Improving your credit Better credit habits can lead to a better credit score.