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The Bank of America® Travel Rewards credit card isn't a perfect card for everyone, but it's quite competitive in a crowded field. In fact, Bank of America credit cards often find their way into many people's wallets, thanks to the bank's size and coverage area. This specific card has a great deal to like, particularly for its target no annual fee audience. Find out more details in our Bank of America® Travel Rewards credit card review below.
Rating image, 5.00 out of 5 stars. Credit Score: Intro APR Info IconCircle with letter I in it. 0% Intro APR for 18 billing cycles for any purchases, or any balance transfers made in the first 60 days Purchases: 0%, 18 billing cycles Balance Transfers: 0%, 18 billing cycles Regular APR 16.99% - 26.99% Variable APR Rewards 1.5 points per dollar Welcome Offer Info IconCircle with letter I in it. 25,000 online bonus points after making at least $1,000 in purchases within the first 90 days of account opening 25,000 points
Full Bank of America Travel Rewards credit card reviewThis credit card is a good fit for: Consumers who want a no annual fee travel card. Bank of America clients can earn bonus rewards if they meet balance minimums in their banking or investment accounts. Top perksThe Bank of America® Travel Rewards credit card comes with a variety of desirable features. 25,000 bonus points offerA sign-up bonus provides a serious head start in the points total. This card's 25,000 bonus points offer is worth $250 for travel. The minimum spend is low, too -- the bonus kicks in after you make at least $1,000 in qualifying purchases within 90 days of opening the account. It's worth noting that this is one of the biggest bonuses in a travel card with no annual fee. Unlimited 1.5 points per $1The card keeps it simple with a what-you-see-is-what-you-get 1.5 points per $1 on transactions. There are no spending caps and earning is unlimited. 0% Intro APR offerYou'll pay 0% APR for 18 billing cycles on any purchases, and on any balance transfers made within the first 60 days. After that period, a variable APR applies. No annual feeThis no annual fee credit card still offers many of the perks and features of rival cards that do charge a yearly fee. No foreign transaction feeForeign purchases aren't charged the de facto standard 3% fee that many other credit cards levy. If you plan to travel abroad with this card, this is a helpful perk that can save you money. See more: Best No Foreign Transaction Fee Credit Cards Up to 75% bonus for Preferred Rewards membersPeople loyal to Bank of America's products can earn 25% to 75% point bonuses through the Preferred Rewards program. The Preferred Rewards card bonus tiers are as follows:
Preferred Rewards program members can boost the value of their credit card rewards. If you're eligible to earn the maximum 75% bonus, you would earn 2.62 points per $1 instead of 1.5 points per $1 with this credit card. Related: Best Rewards Credit Cards
If you travel more than a couple of times per year: You might want to consider the Bank of America® Premium Rewards® credit card. This card charges an annual fee but offers a higher rewards rate on travel and dining as well as a sign-up bonus that's twice as big. If you want to earn bonus points on travel, groceries, select streaming services, and dining : Another great option is the Chase Sapphire Preferred® Card. It earns 5x points on travel booked through the Chase Ultimate Rewards portal, 3x points on dining, 2x points on travel, and 1x points on other purchases. It also comes with a generous sign-up bonus and points can be transferred to many travel partners. Learn more: Best Sign-Up Bonus Credit Cards As of Nov. 08, 2022
What could be improvedThe Bank of America® Travel Rewards credit card falls short in a couple obvious areas. No bonus points for travel spendingIt's unusual that a card billed as a travel rewards card doesn't offer bonus points for travel-related purchases, though this card has other perks for travelers. (The story is different with the Bank of America® Premium Rewards® credit card). Yes, the Bank of America® Travel Rewards credit card earns cash back on purchases at a flat rate, but there are no annual fee cards that feature a higher bonus rate for certain spending categories, such as groceries or travel. Clumsy points redemptionIt takes some hunting around Bank of America's site to find the redemption options, and even then it isn't 100% clear how to redeem points. Some cardholders may have to resort to calling the bank's customer service line for clarification on how to redeem points. An intuitive online redemption process would be preferable. Find the best credit card for your needsCompare credit card rewards, fees, APRs, and more using our side-by-side comparison tool. Suggested credit scoreBank of America says that good to excellent credit is required to obtain this card, so you should have a FICO® Score of at least 670 before applying. That said, approval is never guaranteed no matter your score, and some consumers with lower scores may still be able to qualify for this card. Read more: Best Bank of America Credit Cards The Bank of America Travel Rewards credit card is right for you if:The Bank of America® Travel Rewards credit card is best for occasional travelers looking for a good travel credit card with no annual fee. The intro bonus is one of the biggest in the no annual fee category and it's also very well suited to existing Bank of America customers, especially if they are enrolled in one of the Preferred Rewards programs. You won't find a no annual fee travel card that offers such a lucrative earnings rate for the highest Preferred Rewards tiers nor will you find many competing cards with such a long intro APR offer. Keep reading: Best Credit Cards FAQs
How do I check my Bank of America Travel Rewards?To check your credit card rewards balance and cash in or redeem your rewards points online, log in to Online Banking and select your credit card then select the Rewards tab. To redeem your credit card rewards by phone, call 800.434. 8313 and select option 2 (Mon-Fri 9 a.m.-9 p.m. ET).
How do I redeem Bank of America Travel Rewards points?Just sign in to your Online Banking account at bankofamerica.com, select your account, select “Rewards,” and click “Redeem Points,” or call 888.268. 7800. Points are available for redemption as soon as they appear on your monthly billing statement.
Do Bank of America Travel Rewards points expire?Bank of America® Travel Rewards Credit Card for Students. Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points.
Does Bank of America Travel Rewards card pay for TSA PreCheck?Bank of America® Premium Rewards® credit card. Get up to $200 in combined Airline Incidental and TSA PreCheck®/Global Entry Statement Credits.
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