The University of Texas credit card is offered to alumni, who can demonstrate their connection to the school every time they pull it out of their wallet. Affinity credit cards like this one offer a simple way to benefit the organizations you care about.
Customers who choose this card can also support their alma mater simply by using it. Bank of America is involved in helping to provide funding to deserving university students. Find more online credit cards now!
The University of Texas credit card offers new customers an attractive introductory Annual Percentage Rate (APR) for an extended time.
University of Texas Credit Card Features
The introductory APR for this card is 0% for the first 12 billing cycles after the new account is opened, and it applies to new purchases only. After that point, the regular APR is set at a rate between 12.00-20.99%. The actual rate charged to a customer depends on his or her creditworthiness. The APR is a variable one and is subject to change as the U.S. Prime Rate rises and falls.
The APR for balance transfer credit card transactions is 24.24%. This rate applies to direct deposits, cash advances made through an ATM, bank cash advances and overdraft protection. The APR for cash advances also varies with changes to the prime rate.
The grace period for new purchases with this card is 25 days after the end of each monthly billing cycle. Interest is not charged on new purchases if the amount is paid in full within this time.
University of Texas Credit Card Benefits
One point is credited for each purchase made by a customer using the rewards credit card. A customer can collect points and then redeem them at a later time for the reward of his or her choice from a selection of offerings that includes hotel stays, airline credit card rewards and merchandise. There is also the option of redeeming the points for cash back credit card rewards.
University of Texas Credit Card Helps Support Students
Every time a purchase is made with the University of Texas credit card, a donation is made on the cardholder’s behalf to the university. The funds raised using this method are used to fund scholarships at the University and Camp Texas. Compare other online credit cards now!