What is a Purchase Transaction? I recently recieved a pre-approved notification from Bank of America for a

I recently recieved a pre-approved notification from Bank of America for a credit card.I see this as a good opportunity to built up credit effect it has No APR for 12 months and I entail a starter Credit card. After the 12 months its 12.99% Standard APR. But Also it says "Transaction levy for Purchases" and it says subsequent to it "Transaction fee for the purchase of telecommunication transfers from a non-financial institution: 3% of each such transaction (minimum $10). Does that parsimonious I get charged for respectively purhcase I make near the card? Thank you for any help.

Answers:    it's a duty you get charged ony if you verbs cash stale the credit card :) have fun beside your new card
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