Earning rewards with the Bank of America Travel Rewards credit card is simple.
With no bonus categories, this card earns an unlimited 1.5 points per dollar on every purchase.
You can maximize your rewards by earning 25,000 online bonus points if you spend $1,000 in purchases in the first 90 days of account opening.
How do Points work on Bank of America travel card?
The Bank of America® Travel Rewards Visa® credit card is a simple, flat-rate card that gives you 1.5 points for every $1 you spend. Each point is worth 1 cent per point, so in essence, you will earn 1.5 cents per $1 spent in value. The main benefit of a flat-rate card is not needing to track spending categories.
Is Bank of America travel rewards a good card?
The Verdict: The Bank of America® Travel Rewards credit card is a very good option for people with excellent credit who want to reduce the cost of travel without paying an annual fee. The Bank of America Travel Rewards card’s points keep on coming, at a rate of 1.5 per $1 spent on all purchases, all the time.
How much are Bank of America travel points worth?
Bank of America Travel Rewards points have a value that can vary between 0.6 cents and 1 cent per point. Bank of America Premium Rewards points have a flat value of 1 cent per point, so cash back is your best option.
Does Bank of America Travel Rewards card have a foreign transaction fee?
The Bank of America® Travel Rewards credit card is an excellent choice for cost-conscious globetrotters. It’s one of the few high-rewards travel credit cards on the market that charges an annual fee of $0. Plus, it charges no foreign transaction fees and comes chip-enabled. This makes it good for overseas travel.
How do I redeem my travel reward points?
How to redeem rewards on the Bank of America® Travel Rewards credit card. It’s just as easy to redeem points as it is to earn them. Simply make a travel-related purchase with your card, then redeem your points for statement credit to offset the purchase. Points are worth 1 cent apiece when redeemed for travel.
Do Bank of America travel points expire?
Additionally, you can use points for travel through Bank of America’s travel portal, gift cards, or transferred to a checking account in return for cash. Plus, your points won’t expire as long as your credit card account is open and in good standing. So there’s no rush to use your points.
What credit score do I need for Bank of America Travel Rewards?
Requires Excellent Credit: The Bank of America Travel Rewards credit card would be much more appealing if more people could get it. Instead, you need a credit score of 750 or higher to have a good chance of being approved.
Is there an annual fee for Bank of America credit card?
Bank of America® credit cards are a diverse bunch. There are Bank of America® credit cards for people of all credit levels. Many offer rewards, 0% intro APRs and/or no annual fees. But it all comes down to your credit standing and whether you plan to pay your bill in full every month.
Is a travel rewards credit card worth it?
Travel Rewards and the Monthly BalanceThe more money you charge on a travel rewards card, the more points or miles you get. If you are able to pay off your credit card balance monthly, the travel rewards you get might be worth it.
How many miles do you need to get a free flight?
We sampled award miles needed for a one-way domestic flight, and found that consumers need between 5,000 and 147,000 to get a free flight. In most cases, the cost of a round trip flight is simply double what you see below.
How many points do I need for a flight with Bank of America?
There’s a 2,500-point minimum on all redemptions. Bank of America doesn’t have any airline or hotel transfer partners, but the first redemption option — “Travel” — will allow you to use your points to directly book a flight, hotel or car rental.
What can you redeem Bank of America points for?
You may be able to redeem reward points for travel purchases, cash back in the form of a check or statement credit, merchandise, or gift cards, depending on the rewards card. Redeem your rewards. Once you redeem your credit card reward points, the points will be deducted from your rewards balance immediately.