Bank of America Travel Rewards credit card Review

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Bank of America Travel Rewards credit card offers unlimited 1.5 points per dollar on all purchases and no annual fee. Enjoy a 25,000-point welcome bonus after spending $1,000 in the first 90 days, which could translate to $250 in travel credits. Redeem your points flexibly for flights, hotels, car rentals, dining, and more, with no blackout dates or restrictions. This card also comes with a 0% introductory APR for 15 months.

 

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Bank of America Travel Rewards credit card offers a straightforward approach to earning travel rewards, unlimited 1.5 points per dollar on all purchases, and no annual fee. Enjoy a 25,000-point welcome bonus after spending $1,000 in the first 90 days, which could translate to $250 in travel credits. Redeem your points flexibly for flights, hotels, car rentals, dining, and more, with no blackout dates or restrictions. This card also boasts a 0% introductory APR for 15 months on purchases and balance transfers (with a fee), making it ideal for financing more considerable travel expenses or paying down existing debt.

Quick Highlights

  • Enjoy unlimited 1.5 points on every dollar spent, whatever you buy, wherever you go.
  • Score a bonus: Get 25,000 points (worth $250 in travel credits!) after spending $1,000 in the first 90 days.
  • Redeem points for statement credits towards flights, hotels, car rentals, dining, and more.
  • There are no blackout dates or restrictions.
  • No foreign transaction fees mean you can use your card abroad without extra charges.
  • Enjoy an APR of 0% on purchases and balance transfers for 15 months, perfect for financing travel or paying off debt.
  • Enjoy 25% and 75% more points on every purchase.
  • If you’re a Bank of America Preferred Rewards® member, earn up to 75% more points on every purchase!
  • Enjoy the security of a chip card with the tap-and-go ease of contactless payment.

Rewards and Benefits

Rewards

  • 5x points per dollar spent on all Purchases

Benefits

  • 0% introductory APR for 15 months on purchases and balance transfers (then a variable APR applies).
  • Unlimited 1.5 points per dollar spent on all purchases, with no expiration date, as long as your account remains open.
  • A 25,000-point welcome bonus after spending $1,000 in purchases within the first 90 days is equivalent to a $250 travel statement credit.
  • Flexible redemption: Use points for travel statement credits on flights, hotels, car rentals, baggage fees, and dining (including takeout).
  • No blackout dates or restrictions: Book your travel how and where you want.
  • Bonus for Preferred Rewards members: Earn up to 75% more points on every purchase.
  • No annual fee: Keep more of your hard-earned money.
  • No foreign transaction fees: Use your card abroad without extra charges.
  • Contactless payment convenience – Tap and go for secure and speedy transactions.
  • Preferred Rewards bonus (if applicable): Earn 25%-75% more points on every purchase

Redemption Flexibility

  • Use points for statement credits towards: Flights
  • Hotels
  • Car rentals
  • Vacation rentals
  • Baggage fees
  • Restaurants (including takeout)
  • No blackout dates or restrictions– Book travel how and where you want.

Rate and Fee

  • 0% Intro purchase APR applies to purchases for 15 billing cycles.
  • Regular APR: After the introductory period, a variable APR of 24% – 28.24% will apply to purchases and balance transfers.
  • Intro Balance Transfer APR: 0% intro balance apr for 15 billing cycles for BTs made in first 60 days.

Fees

  • Annual Fee:$0
  • Balance Transfer Fee: 3% of each transfer amount.
  • Foreign Transaction Fee: None
  • Late Payment Fee: Up to $40

Redemption options

  • Travel: This is the most valuable redemption option, with a 20% discount when you use points through the Bank of America Travel Center. You can book flights, hotels, car rentals, cruises, and more.
  • Cash back: Redeem points for a statement credit or direct deposit to your Bank of America or Merrill account.
  • Gift cards: Choose from a wide variety of retailers and brands.
  • Statement credit: Pay for eligible travel and dining purchases (including flights, hotels, restaurants, and takeout) with a statement credit.
  • Experiences: Use your points to book unique experiences through Bank of America’s Concierge service.
  • Points don’t expire.
  • Travel redemption offers the best value for your points.
  • You can redeem points through online banking, the Bank of America mobile app, or by calling customer service.

Eligibility Criteria

The eligibility criteria for the Bank of America Travel Rewards credit card

General Requirements

  • Be at least 18 years old.
  • You have a valid Social Security or Individual Taxpayer Identification Number (ITIN).
  • Be a U.S. citizen or lifeline resident.

Fico Score

  • While Bank of America doesn’t publicly disclose the exact minimum credit score requirement, generally, a good to excellent credit score (670-850 good to perfect score) will increase your chances of approval.

How to apply

  • You can apply online, by phone, or with a Bank of America travel rewards card.
  • The online application is the fastest and easiest way to use it.
  • You will need to provide your personal information, income information, and employment information.
  • You will also need to agree to a credit check.

Decision

  • Bank of America will typically inform you if you have been approved within a few days.
  • If approved, you will receive your credit card in the mail within 7-10 business days.

Required Information

  • Personal information (name, address, date of birth, Social Security number)
  • Employment information (income, employer)
  • Housing information (rent or mortgage payment)
  • Contact information (phone number, email address)

Customer Service

Conclusion

The Bank of America Travel Rewards credit card is a solid no-fee travel credit card that earns unlimited 1.5 points per dollar spent on all purchases. The points can be redeemed for travel statement credits, gift cards, or merchandise. This card does not have foreign transaction fees, and your points don’t expire as long as your account remains open. However, the card doesn’t offer travel-specific perks like airport lounge access or travel insurance. The Bank of America Travel Rewards credit card is perfect for those new to the world of travel points or for existing Bank of America customers. With no annual fee and a straightforward rewards system, this card is a great starting point for anyone looking to earn travel rewards.

Whatcard recommended Credit card:

Frequently asked Questions(FAQs) of Bank of America Travel Rewards credit card

Earning Rewards:

  • Introductory rate: Earn unlimited 1.5 points per dollar spent on all purchases, everywhere, every time.
  • Welcome bonus: Earn 25,000 bonus points (worth $250 in travel statement credits) after spending $1,000 within 90 days of account opening.
  • Bonus with Preferred Rewards: If you have a qualifying Bank of America Preferred Rewards® account, you can earn bonus points based on your tier level. For example, Platinum Honors members can earn up to 2.62X points on all purchases and 5.25X points on Travel Center purchases.
  • Extra points: Earn 3 points per dollar spent on travel booked through the Bank of America Travel Center (flights, hotels, rental cars, etc.)
5.5Expert Score
Student
Bank of America Travel Rewards credit card offers unlimited 1.5 points per dollar on all purchases and no annual fee. Enjoy a 25,000-point welcome bonus after spending $1,000 in the first 90 days, which could translate to $250 in travel credits. Redeem your points flexibly for flights, hotels, car rentals, dining, and more, with no blackout dates or restrictions. This card also comes with a 0% introductory APR for 15 months.  
Student Rating:
5.9
Introductory Offer
5.3
Interest and Fees
2.5
Rewards Program
9.6
Features:
6.5
Issuer Customer Experience:
3.3
PROS
  • No Annual Fee: This makes it attractive for casual travelers who don't travel frequently but still want some travel reward flexibility.
  • Flat-Rate Rewards: Earn 1.5 points per dollar on all purchases, making it easy to understand and track rewards.
  • Flexible Redemption: Redeem points for travel statement credits towards any travel or dining expense, including flights, hotels, restaurants, baggage fees, etc.
  • No Foreign Transaction Fees: Use your card abroad without worrying about additional charges.
  • Welcome Bonus: Earn 25,000 points (worth $250 in travel statement credits) after spending $1,000 within 90 days of account opening.
  • Bonus Points with Preferred Rewards: You can earn even more points if you have a qualifying Bank of America Preferred Rewards® account.
CONS
  • Lower Rewards Rate: 1.5 points per dollar is not the highest rate available, especially for specific travel categories.
  • No Specific Travel Benefits: Unlike other travel cards, it doesn't offer airport lounge access, travel insurance, or other travel-specific perks.
  • Points are Less Valuable with Other Redemption Options: Redeeming points for cash back, gift cards, and merchandise offers lower value than travel statement credits.
  • Not ideal for Frequent Travelers: If you travel often, you might find better reward rates and benefits with other cards.

Specification: Bank of America Travel Rewards credit card Review

Best For:

Travel

Intro Offer:

Earn 25,000 points

Rewards

1.5 points per $1 spent on all purchases

Annual Fee:

No Annual Fee

Regular APR:

18.24% – 28.24% Variable

Intro Balance Transfers APR:

0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account.

Intro Purchase APR:

0% Introductory APR for the first 15 Statement Closing Dates following the opening of your account.

Intro Purchase APR Period:

15 Months from Account Opening

Balance Transfers Fee:

3% of the amount of each transaction.

Foreign Transaction Fee

No Foreign Transaction Fee

Cash Advance Fee

3% of the amount of each cash advance

Late Payment Fee:

Up to $40

Cash Equivalent Fee

N/A

Convenience Check Fee

N/A

Returned Payment Fee:

N/A

Over Limit Fee:

N/A

Credit Card Limit:

Starting from minimum $500

Credit Card Type

Travel

Credit Card Features

0% Introductory APR, Airline, Dining, EMV, Excellent Credit, free FICO® credit score, Hotel, Low Interest, Mobile Pay Ready, No Annual Fee, No Foreign Transaction Fees, Points, Rewards, Travel, Unsecured Credit Card, Visa Card, Zero Fraud Liability

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