Secured Credit Cards

A secured credit card requires a cash collateral deposit that becomes the credit line for that account. For example, if you put $500 in the account; you can charge up to $500. You may be able to add to the deposit to add more credit, or sometimes a bank will reward you for good payment and add to your credit line without requesting additional deposits.

Interest on Credit Cards

If you are currently paying interest on credit or store cards, for example, then you need a credit card that offers 0% interest on balance transfers for up to 12 months. You can then transfer the debts from your other cards to your interest-free card, and aim to pay off the balance before the end of the interest-free period.

Executive Card feature:

Provides enhanced program benefits to your executives including comprehensive concierge services, lost luggage insurance and increased travel accident insurance.

Some other Special services for travelers :

• 24–hour roadside assistance
• Liability protection coverage
• Primary auto rental insurance
• Legal and medical referral assistance
• Extended warranty benefits and more
• Emergency cash and card replacement
• 24/7 professional help desk support

Capabilities Features

Multiple card functions Purchasing: Helps companies maintain control while reducing administrative costs associated with authorizing, tracking, paying and reconciling small purchases.

Travel: Provides comprehensive travel and entertainment cost management. Fleet: Helps companies monitor and control fleet fuel and maintenance expenses. Comprehensive spending controls with flexible authorization features. Designated individual spending authority and defined limits for dollar amounts, vendor categories and spending frequency. Flexible liability, billing and payment options.


Works service: Web-based card management and reporting tool accommodates declining balance transfer cards, management of encumbered funds, pre– and post–approval workflow, complex GL allocation functionality and easy integration with existing processes and ERP systems.

Corporate Credit Card

Corporate Credit Card the specialized features and benefits of Purchasing, Travel and Fleet cards into one powerful and flexible business tool.our Corporate Card eliminates the need for multiple cards, managing various types of expenditures with the convenience of a single card.

Who can benefit :

Large corporations whose employees encounter a variety of business expenses will find the Bank of America Corporate Card valuable in streamlining purchases and expense management, as will employees of city and state government agencies, school districts and universities.For more details please wait my next post..............