Possible no fee BT with BofA Business card?

Plenty of no fee BTs from several issuers here.

A couple of no fee BT BofA personal cards here.

However, I'm looking specifically for a BofA business card with favorable BT terms. Why? Business lines typically don't appear on your personal credit reports.

I'm willing to bet the "No fees for balance transfers" is for the introductory period

that would be ideal.

ahself, thanks for the data point. i noticed from your AOR thread your offer was targeted. i've always been told the T&C page overrules any other promotional wording. did your T&C page have the same conflicting "3% each transaction (min. $10)" wording?

if these BofA business BT offers are truly no fee, they should start to show up on everyone's AOR radar.

Just spoke to a CSR about the card. He said he could definitely waive the fee if I applied. This is good to know. Seems like BofA CSRs are always hungry to earn that BT commission.

Reasons such as this are why I learned to document and screenshot everything of every step during any application, contract update, etc. I even go as far to record all phone calls (there is a PA law for business exceptions on commercial phone systems) so I can go back and transcript what the CSR's have said, timestamps, etc.

My last AOR I had two problems with two different banks terms. BofA was one of them, and the T&C I got stated the 0% was only good for 9 months, whereas the promo said 12. I simply gave them the screenshot of the application terms and they quickly turned it around.

The other issue was more severe was PNC Bank and the CSR stated there was NO BT fee for the 0% offer. Somehow I didn't have a T&C discussing the terms for the 0% promo so there was no paperwork to back it up, but when the first statement came I was charged $660 (3%, no cap) for the BT. I called and spoke with a first CSR and was immediately shut down, but I gathered my evidence and spoke with a manager and it was quickly resolved in my favor and the $660 charge was reversed. If I did not have such indepth documentation and proof of my claims then I'm sure it would not have gone that way. Lesson to be learned here, always document everything every step of the way, and store them when it comes to your financials.

I have this card and did a balance transfer. Here is my experience:

-even though it is a business card, it shows up against my personal lines at the bank
-the business credit card side of BoA does not let you consolidate credit limits (they did let me on their Effectiva card), so I had to close a different BoA business card and apply for a limit increase, which I received, but it wasn't as much as if I combined the two.
-I received a no BT fee, 0% for 6 month offer, which I had transferred directly into BoA checking. No problems there, customer service was pretty squared away although we did have to conference call with the fraud dept because of the size of the BT.
-I applied as part of my app-o-rama and BoA shut down 2 other credit cards I had with MBNA for 15 years. I had to beg them to re-open one. So for any app-o-rama's, you might want to try to transfer credit lines as quickly as possible before they shut them off.

Overall, a pretty good offer. I'm not sure it it is still valid, but check out Effectiva... It had the same offer when I applied and I was able to combine the limit with a huge MBNA card I have had forever. Another ok deal. 6 months, 0%, no fees.

The fine print included with my BOA biz card did state the "no fee" was for the entire 12 month term of the 0% offer. You can request the BT from their web site (but they are slow to process), and they also sent balance transfer checks at least once a month during the entire promo period of 12 months. One thing to watch out for is how the set up your billing. Initially, they had me on corporate billing. The main account number was different from the credit card issued. All payments apply to the corporate account, not the individual card accounts. I was moving quite a bit of BT money around because they were so generous with the no-fee checks, except with corporate billing any payments will not be applied to your card balance until the end of the month when the individual cards reconcile with the corporate account. As a result, there is no way to charge more than your credit limit in any given month. Because of this I got hit with an NSF even though the account was paid in full. I had them change to "individual billing" to fix this problem. On the positive side, as a result of the billing change a new card was issued with a new 12 month 0% term (extending the original offer another 8 months).

lhendricks92 said: can anyone with a BofA business card confirm it does not appear on your personal credit report?

I have the BofA business credit card and it does not show up on my personal credit report.

coacherskine ... what ya been smoking this evening?

After applying for a Bank of America card at https://offers.bankofamerica.com/ConsumerCard/OTS5Offer.aspx the link provided in the post above, I became suspicious of the site and e-mailed BoA the url at abuse@bankofamerica.com. Their customer service e-mailed me back that I most likely had my identity stolen. When you go to the link now, you can no longer access an online application.

Careful with this...originally linked page no longer includes "No fees for balance transfers" language.