Travel Rewards Bank Of America Card

A white circle with a black border surrounding a chevron pointing up. It indicates 'click here to go back to the top of the page.'

Many or all of the offers on this site are from companies from which Insider receives compensation (for a full list see here). Advertising considerations may impact how and where products appear on this site (including, for example, the order in which they appear) but do not affect any editorial decisions, such as which products we write about and how we evaluate them. Personal Finance Insider researches a wide array of offers when making recommendations; however, we make no warranty that such information represents all available products or offers in the marketplace.

Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon LinkedIn Link icon An image of a chain link. It symobilizes a website link url. Copy Link

Bank Of America Premium Rewards Credit Card 2024 Review: Should You Apply?

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

The information for the following product(s) has been collected independently by Business Insider: Bank of America® Travel Rewards Credit Card for Students. The details for these products have not been reviewed or provided by the issuer.

The Bank of America® Travel Rewards credit card is a good travel credit card for beginners or those who prefer simplicity in earning and redeeming rewards. It's got a solid bonus for a no-annual-fee card, and you can use your points toward a wide variety of travel purchases.

Bank Of America® Customized Cash Back Rewards Credit Card

0% intro APR for the first 15 billing cycles for purchases and for any balance transfers made within the first 60 days of account opening

25, 000 online bonus points after you make at least $1, 000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases

The Bank of America® Travel Rewards credit card is a good travel credit card for beginners or those who prefer simplicity in earning and redeeming rewards.

Bank Of America Card Design Update?

If you're in search of a no-annual-fee travel credit card that offers a straightforward points program, the Bank of America® Travel Rewards credit card is worth considering. This card offers a flat earning rate of 1.5 points per dollar on all purchases, and you can redeem your rewards toward travel expenses you charge to your card.

However, if you're a Bank of America Preferred Rewards member, the card can be much more lucrative. Depending on your rewards tier, you can earn 25% to 75% more points with this card.

The Bank of America® Travel Rewards credit card is a good choice if you don't like dealing with complicated frequent flyer or hotel rewards programs that limit award availability and make their points hard to use. And on the earning side, there are no bonus categories or spending caps to track, either. If you're new to travel rewards, this could be a great way to start earning and redeeming points.

Better With The Preferred Rewards For Business Program: Bank Of America Business Advantage Travel Rewards Card Review

With the Bank of America® Travel Rewards credit card, you can earn a welcome bonus of 25, 000 online bonus points after making at least $1, 000 in purchases in the first 90 days of account opening of account opening. Each point is worth 1 cent, so the welcome bonus offer is worth $250 in travel.

New cardholders also receive a 0% intro APR for the first 15 billing cycles for purchases and for any balance transfers made within the first 60 days of account opening, after which a 18.24% - 28.24% Variable APR applies. This can save you money if you plan to make a large purchase but want to spread the payments out over several months — as long as you have a plan to pay off the debt before the introductory period runs out.

Bank of America® Travel Rewards credit card cardholders earn 1.5 points per dollar on all purchases, with no categories or limits to keep track of.

Is The Bank Of America Travel Rewards Credit Card Worth It? Editor's Review For 2024

Things get more interesting if you're a Bank of America Preferred Rewards customer. The amount of money you have on deposit (like savings or investments) with Bank of America and Merrill (Bank of America's wealth management division) determines your rewards tier. Depending on your tier, you could earn 25% to 75% more rewards.

One other way to boost your returns from the Bank of America® Travel Rewards credit card is by purchasing travel through the Bank of America travel center. In that case, you'll earn 3 points per dollar (instead of 1.5 points per dollar) for your purchase.

With the Bank of America® Travel Rewards credit card, you'll earn points that are easy to redeem for a wide variety of travel expenses. Once you charge a travel purchase to your card, you can apply points at a rate of 1 cent each toward a statement credit to cover the purchase. The minimum redemption amount is 2, 500 points ($25), and you'll have 12 months from the transaction date to apply your points.

Bank Of America Travel Rewards Card Review: 2.6x Everywhere With Relationship, No Annual Fee, And No Foreign Transaction Fee

Bank of America has a broad definition of travel, including some purchases most would classify as entertainment. Categories that qualify for a Bank of America® Travel Rewards credit card travel statement credit include:

If you're not traveling, the Bank of America® Travel Rewards credit card allows you to use points for non-travel redemptions, but the rates aren't as attractive. For example, you can use points for gift cards starting at 3, 125 points ($31.25), and the value per point varies.

If you prefer cash back, you can redeem points for a check or electronic deposit into a Bank of America checking or savings account, or for credit to an eligible Cash Management Account with Merrill. In that case, your points are only worth 0.6 cents apiece, which is not a great value.

The Best Travel Credit Cards For Every Type Of Traveler

The Bank of America® Travel Rewards credit card doesn't have a ton of valuable cardholder perks, which is common among credit cards with no annual fee.

The Bank of America® Travel Rewards credit card comes with a 0% intro APR for the first 15 billing cycles for purchases and for any balance transfers made within the first 60 days of account opening. After that, there's a 18.24% - 28.24% Variable APR.

Using a 0% APR credit card offer can be a good way to spread out payments for a big purchase over time without incurring huge interest charges, but you'll want to be sure you have the means and a plan to pay it off. Otherwise, you'll end up with high-interest debt after the introductory period expires.

Bank Of America Cards: Awesome With Platinum Honors Status

Keep in mind there are longer intro periods on the best 0% APR credit cardsavailable right now, and some also include balance transfers in their offers.

Good travel credit cards don't charge foreign transaction fees, and the Bank of America® Travel Rewards credit card is no exception. Because it doesn't tack on these fees, you can use the card for international purchases and not get stung with extra charges.

Primary cardholders with the Bank of America® Travel Rewards credit card can check their FICO score for free through Bank of America's online banking, mobile website, or mobile banking app for iPhone and Android. This is a useful tool for keeping tabs on your credit, especially if you don't have another credit card that offers free credit scores,

How To Redeem Bank Of America Travel Rewards Points

The Bank of America® Travel Rewards credit card comes with an optional Balance Connect overdraft protection feature that lets you link your eligible Bank of America deposit account to your card. If you choose to use the service, Bank of America automatically transfers funds from your credit card account to cover overdrafts on your deposit account, as long as you have credit available on your credit card.

When you add your Bank of America® Travel Rewards credit card to digital wallets like Apple Pay, Google Pay, or Samsung Pay, you can use it for in-person, online, or in-app transactions. Because your actual card number isn't stored on your device or shared with most merchants, you'll have more security when you make purchases.

Losing a credit card or having it stolen stinks, but you won't have to worry about fraudulent or unauthorized transactions on your Bank of America® Travel Rewards credit card as long as you report the issue promptly.

Approved For Bofa Travel Rewards Visa

Along with not having an annual fee and offering an intro APR, the Bank of America® Travel Rewards credit card doesn't add foreign transaction fees, which makes it a good pick to have in your wallet when you travel abroad.

Before you decide on the Bank of America® Travel Rewards credit card, you'll want to consider similar no-annual-fee cards, because some have better earning rates and more flexible options for redeeming rewards. For example, the Wells Fargo Active Cash® Card earns 2% cash rewards on purchases, and you can use your rewards for whatever you like — not just travel.

Similarly, the Discover it® Miles earns 1.5 miles per dollar on all purchases, and at the end

How To Apply: Bank Of America Travel Rewards Credit Card

Berbagi :