Bank of America Travel Rewards Credit Card Review | Bankrate (2024)

Table of Contents
Advertiser Disclosure The Bankrate promise The Bankrate promise Editorial integrity How we make money Snapshot Bank of America® Travel Rewards credit card Bank of America® Travel Rewards credit card Overview Rewards Welcome offer 0% APR offer Rates and fees Other cardholder perks Bank of America Travel Rewards credit card pros and cons Pros Cons Why you might want the Bank of America Travel Rewards credit card Intro APR: Great length for purchases and balance transfers Welcome offer: Decent value compared to similar cards Rewards: Earn more with the preferred rewards program Redemption: Fair options for a variety of travel and dining categories Why you might want a different travel card Flexibility: Low redemption value and you can’t transfer points Perks: Doesn’t quite stand out compared to other travel cards Fees: Not terrible, but charges a balance transfer fee Staff experience: Here's what our experts say Why you might want a different travel card Flexibility: Low redemption value and you can’t transfer points Perks: Doesn’t quite stand out compared to other travel cards Fees: Not terrible, but charges a balance transfer fee Staff experience: Here's what our experts say How the Bank of America Travel Rewards credit card compares to other travel cards Bank of America® Travel Rewards credit card Capital One Venture Rewards Credit Card Bank of America® Premium Rewards® credit card Best cards to pair with the Bank of America Travel Rewards Card Who is the Bank of America Travel Rewards Card right for? Bankrate’s Take — Is the Bank of America Travel Rewards credit card worth it? How we rated this card Frequently asked questions Up next FAQs

Great for Bank of America loyalists who travel occasionally.

Bank of America Travel Rewards Credit Card Review | Bankrate (1)Written by

Re'Dreyona Walker

Bank of America Travel Rewards Credit Card Review | Bankrate (2)Edited by

Courtney Mihocik

Bank of America Travel Rewards Credit Card Review | Bankrate (3)Reviewed by

Antonio Ruiz-Camacho

/ 21 min

The Bankrate promise

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict,this post may contain references to products from our partners. Here's an explanation for andhow we rate our cards.The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

Snapshot

4.1

Bankrate rating

Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards.

Rating: 4.1 stars out of 5

Bottom line

This no-annual-fee travel card is a flexible alternative to more complex travel rewards cards that may take more work to maximize. However, since you can’t transfer points to travel partners and there aren’t any travel-specific benefits, it can feel like a flat-rate cash back card with more red tape.

  • Rewards value

    Rating: 1.4 stars out of 5

    1.4 / 5

    APR

    Rating: 4 stars out of 5

    4 / 5

    Rewards flexibility

    Rating: 5 stars out of 5

    5 / 5

    Features

    Rating: 3 stars out of 5

    3 / 5

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Recommended Credit

Intro offer

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.

$250

Offer valuation

We calculate this number by multiplying the card's intro offer by Bankrate's valuation of this issuer's rewards program, showing you how much your points or miles are worth in dollars.

1.5X

Rewards rate

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.

Annual fee

Regular APR

On This Page

Bank of America® Travel Rewards credit card Overview

The Bank of America Travel Rewards credit card is a decent flat-rate rewards card for occasional travelers who want to avoid an annual fee.Since this travel rewards credit card offers a flat rewards rate and isn’t tied to specific hotel or airline partners, you won’t need to adjust your spending to fit into any particular category and can book your travel with any provider.

Bank of America credit cards also have a looser definition of travel than cards from other issuers. This lets you earn rewards for purchases at campgrounds, travel agencies, zoos, art galleries and more. You can also redeem your points for a statement credit toward dining purchases.

However, this card lacks travel-specific features you might find on competing travel cards, and you can’t use rewards to book travel directly through an issuer portal or a transfer partner. This could be a dealbreaker if you’re a frequent traveler since these redemption methods typically offer the best value. Chase, Capital One and American Express travel cards all offer this feature, which drastically increases the value of their reward programs.

  • Rewards

    • Unlimited 1.5X points on all purchases

    Expert Appraisal: Typical
    See our expert analysis

  • Welcome offer

    • 25,000 online bonus points ($250 statement credit value toward travel purchases) if you make $1,000 in purchases within 90 days of opening the account

    Expert Appraisal: Typical
    See our expert analysis

  • 0% APR offer

    • 0 percent Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, a variable APR that’s currently 19.24 percent to 29.24 percent will apply. A 3 percent Intro balance transfer fee will apply for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for future balance transfers is 4 percent.
    • 19.24 percent to 29.24 percent ongoing variable APR

    Expert Appraisal: Good
    See our expert analysis

  • Rates and fees

    • No annual fee
    • No foreign transaction fee
    • 3 percent balance transfer fee (for the first 60 days your account is open; after the Intro balance transfer fee offer ends, the fee for future balance transfers is 4 percent)

    Expert Appraisal: Typical
    See our expert analysis

  • Other cardholder perks

    • Bank of America Preferred Rewards®
    • BankAmeriDeals
    • Museums On Us
    • Visa Signature benefits

    Expert Appraisal: Typical
    See our expert analysis

Bank of America Travel Rewards credit card pros and cons

Pros

  • The lengthy intro APR on purchases and balance transfers offers more room for managing debt than other rewards cards.

  • You can boost your rewards rate by up to 75 percent as an eligible Preferred Rewards member, which could make it one of the most rewarding flat-rate travel cards for no annual fee.

  • You can redeem its flexible points to cover a comprehensive list of travel and dining purchases — even if those purchases are nearly a year old.

Cons

  • The minimum redemption of 2,500 points for travel or cash back (worth $25) is higher than other competing cards.

  • It offers some of the best travel-related redemption coverage, but the rewards rate is low if you aren’t a Preferred Rewards member.

  • The limited travel benefits make travel less convenient than it can be with other cards.

Why you might want the Bank of America Travel Rewards credit card

The Bank of America Travel Rewards Card offers a decent flat reward rate on every purchase. Not only that, you can pay down your purchases with an intro APR offer comparable to many dedicated low-interest cards.

Intro APR: Great length for purchases and balance transfers

The Bank of America Travel Rewards card offers a 0 percent intro APR for 15 billing cycles on purchases and balance transfers made within the first 60 days. A 3 percent balance transfer fee applies for transfers made within 60 days of account opening. After your intro balance transfer fee offer ends, the fee for future balance transfers is 4 percent. After the promotional period, an 19.24 percent to 29.24 percent variable ongoing APR applies.

Compared to competing reward cards that offer a 12-month intro APR period or shorter, this is a fairly lengthy offer that can provide you with more than enough time to pay down a transferred balance or big purchase during the first year. Once your intro APR offer ends, you’ll still enjoy long-term value from the card by earning flat-rate rewards on purchases.

Welcome offer: Decent value compared to similar cards

Bank of America offers 25,000 bonus points when you spend at least $1,000 on qualifying purchases within 90 days of opening your account. If you redeem these points for a statement credit, they’ll be worth about $250 in statement credit toward travel. This is a generous offer for a card with no annual fee.

A $250 value is slightly higher than what you’ll find with other no-annual-fee cards, but remember that some competing cards only require a $500 spend to earn a $200 bonus: You have to spend double with the Bank of America Travel Rewards card to earn an extra $50 in rewards. But on the bright side, the Bank of America Travel Rewards card doesn’t come with an annual fee that eats into your reward earnings.

Rewards: Earn more with the preferred rewards program

The Bank of America Travel Rewards credit card allows you to earn unlimited 1.5X points on all purchases. However, the Bank of America Preferred Rewards® program gives the Travel Rewards card an edge over similar competing cards if you already have an eligible account with Bank of America or Merrill.

Depending on your status tier, you can earn 25 percent to 75 percent bonus points on every purchase. That means Platinum Honors Preferred Rewards members can earn up to 2.62X points on all purchases and up to 5.25X points on Travel Center purchases. Plus, you could receive other benefits like boosted interest rates on savings accounts and reduced interest rates on your home equity and auto loans.

Here are Bank of America’s Preferred Rewards status tiers:

  • Gold (at least a $20,000 combined balance): 25 percent bonus rewards
  • Platinum (at least a $50,000 combined balance): 50 percent bonus rewards
  • Platinum Honors (at least a $100,000 combined balance): 75 percent bonus rewards

The Preferred Rewards program also offers a Diamond Tier status above the Platinum Honors Tier, but it carries the same 75 percent bonus rewards boost and is only available to account holders with a combined balance of $1 million to $10 million.

This boost results in a card with one of the best flat rewards rates available, especially for no annual fee. It could make the Travel Rewards card an exceptional deal since rival cards typically max out at 2X rewards on general spending and 5X rewards on comparable travel portal purchases through the issuer.

Redemption: Fair options for a variety of travel and dining categories

You can redeem your points for gift cards, cash or a statement credit to cover travel-related purchases. Even better, you can request credit for your travel-related purchases up to 12 months after you make them. This feature opens the door to exceptional deals you might not find with other travel reward programs, such as discounted bookings through external travel websites.

You can also redeem points for cash back as a check or direct deposit to an eligible Bank of America checking or savings account or Merrill Cash Management account, though there’s a 2,500-point redemption minimum for travel credits and cash and a 3,125-point minimum for gift cards.

One of the best features of the Bank of America Travel Rewards card’s travel credit redemption is that it covers categories that may not typically qualify as travel or dining. For example, you can redeem points on admission tickets to tourist attractions, bar and nightclub purchases, transit and RV and boat rentals.However, some travel or dining-related expenses, such as in-flight goods and services and duty-free airport purchases, aren’t eligible for statement credits.

Knowing which purchases qualify for credits can get confusing, so here’s a list of Bank of America Travel Rewards card categories eligible for travel credits:

  • Airlines
  • Hotels and motels
  • Timeshares
  • Trailer parks, motor homes and recreational vehicle rentals
  • Campgrounds
  • Car, truck, trailer and boat rentals
  • Cruise lines
  • Travel agencies, tour operators and real estate agents
  • Transit including passenger trains, buses, taxis, limousines, ferries, parking lots and garages, tolls and bridge fees
  • Tourist attractions and exhibits like art galleries, amusem*nt parks, carnivals, circuses, aquariums, zoos
  • Restaurants and eating places
  • Fast food restaurants
  • Bars
  • Taverns
  • co*cktail lounges
  • Nightclubs

Why you might want a different travel card

Though the Bank of America Travel Rewards Card has plenty of perks, it has some drawbacks compared to competitors, including a lower value for cash back redemption and the inability to transfer points to hotel or airline partners.

Flexibility: Low redemption value and you can’t transfer points

This card offers a solid rewards rate on your purchases, whether you’re traveling or at home, but these travel rewards work differently than typical bonus miles. Instead of using rewards to book travel, you can redeem Bank of America travel rewards as statement credits on travel or dining purchases, making this card function more like a cash back credit card.

When you redeem this way, they're worth 1 cent each — so 25,000 points equals $250 in statement credit. But redeeming your rewards for anything else is a value loss. When you redeem for gift cards, the value of your points will vary by retailer, leading to inconsistent value. And when you redeem for cash, your points are only worth 0.6 cents each (or $150 for every 25,000 points).

Compared to Chase and other issuers with robust travel reward programs, this card offers more flexible reward categories, but you can’t book travel with your points or transfer them to travel partners for a higher value. Bank of America Travel Rewards points are stuck at a maximum value of 1.0 cents cents per point. According to Bankrate’s point valuations, several issuers’ points or miles can be worth around 2 cents each on average with the right transfer partner.

Perks: Doesn’t quite stand out compared to other travel cards

The Bank of America Travel Rewards card isn’t as robust in perks as other travel-oriented rewards credit cards. Along with basic features like free access to your credit score, overdraft protection and account alerts, it has just a few extra benefits outside the Preferred Rewards program that might be helpful during your travels, such as:

  • BankAmeriDeals: Bank of America cardholders have exclusive access to BankAmeriDeals, the issuer’s version of card-linked limited-time offer programs like Amex Offers or Chase Offers.You can log into your account and usually earn anywhere from 5 percent to 50 percent extra cash back (up to a certain limit) or a sum of cash back (usually $4 to $35) for spending a certain amount at participating restaurants and other merchants after activating the respective offer. BankAmeriDeals won’t rake in big bucks, but the “coins” you earn for regularly using the program can help you access upgraded deals.
  • Visa Signature benefits: As a Visa credit card, your Bank of America Travel Rewards card grants access to a portfolio of Visa Signature perks that can be useful while traveling. Contact your issuer to determine the specific features your card offers. You can expect standard benefits like extended warranty protection, Visa Signature® Concierge services, Roadside Dispatch®, lost luggage reimbursem*nt and travel and emergency assistance. However, you’ll want to contact Bank of America to determine the specific features your card offers.
  • Museums On Us: If you love planning day trips to popular museums, then this benefit is an underrated gem.Simply presenting your Bank of America debit or credit card and a valid photo ID will grant you free admission to over 225 cultural institutions during the first weekend of each month.

However, in the travel card landscape, these features aren't particularly competitive.Many of the more popular travel cards offer airport perks such as TSA PreCheck or Global Entry credits, in-flight or airline credit, airport lounge access, free checked bag(s), rental car assistance and more. You’ll normally have to pay an annual fee for these types of travel cards, but these card perks typically offer enough value to offset the cost of that annual fee.

Fees: Not terrible, but charges a balance transfer fee

Though it lacks an annual fee and has a long intro APR offer for purchases and balance transfers, the Bank of America Travel Rewards card charges a 3 percent fee for each balance transfer you make (for the first 60 days; after the intro balance transfer fee offer ends, the fee for future balance transfers is 4 percent).

If one of your primary goals in opening a new credit card is to consolidate existing debt and save on interest, this fee could prove a dealbreaker. If you have an especially large debt to transfer or want to perform several balance transfers over time, a dedicated balance transfer credit card might better serve your needs.

Staff experience: Here's what our experts say

Bankrate writer Brendan Dyer likes to redeem his credit card points toward travel, but since he doesn't typically spend much on travel, he's found some of the best travel and airline rewards cards to be a poor fit. After all, many of these cards offer their highest rewards rates on purchases with airlines and hotels and only get you 1X points on general purchases.

A flat-rate rewards card like the Bank of America Travel Rewards credit card strikes him as a solid option, however, since it earns 1.5X points on all purchases — not just travel. That's 50 percent higher than you'll earn on general purchases with most travel cards.

Since I only take two or three trips each year, my travel spending doesn't come close to my everyday spending. That means I can't rely on travel purchases as my primary method of earning points, miles or cash back — I earn a lot more from groceries, restaurants, gas and the like.

If you're like me and only travel occasionally, a flat-rate rewards card like this can be a great option. These cards earn points at the same flat rate on all purchases, making it easy to earn rewards toward travel without actually spending a ton on travel.

— Brendan Dyer, Writer, Credit Cards

Why you might want a different travel card

Though the Bank of America Travel Rewards Card has plenty of perks, it has some drawbacks compared to competitors, including a lower value for cash back redemption and the inability to transfer points to hotel or airline partners.

Flexibility: Low redemption value and you can’t transfer points

This card offers a solid rewards rate on your purchases, whether you’re traveling or at home, but these travel rewards work differently than typical bonus miles. Instead of using rewards to book travel, you can redeem Bank of America travel rewards as statement credits on travel or dining purchases, making this card function more like a cash back credit card.

When you redeem this way, they're worth 1 cent each — so 25,000 points equals $250 in statement credit. But redeeming your rewards for anything else is a value loss. When you redeem for gift cards, the value of your points will vary by retailer, leading to inconsistent value. And when you redeem for cash, your points are only worth 0.6 cents each (or $150 for every 25,000 points).

Compared to Chase and other issuers with robust travel reward programs, this card offers more flexible reward categories, but you can’t book travel with your points or transfer them to travel partners for a higher value. Bank of America Travel Rewards points are stuck at a maximum value of 1.0 cents cents per point. According to Bankrate’s point valuations, several issuers’ points or miles can be worth around 2 cents each on average with the right transfer partner.

Perks: Doesn’t quite stand out compared to other travel cards

The Bank of America Travel Rewards card isn’t as robust in perks as other travel-oriented rewards credit cards. Along with basic features like free access to your credit score, overdraft protection and account alerts, it has just a few extra benefits outside the Preferred Rewards program that might be helpful during your travels, such as:

  • BankAmeriDeals: Bank of America cardholders have exclusive access to BankAmeriDeals, the issuer’s version of card-linked limited-time offer programs like Amex Offers or Chase Offers.You can log into your account and usually earn anywhere from 5 percent to 50 percent extra cash back (up to a certain limit) or a sum of cash back (usually $4 to $35) for spending a certain amount at participating restaurants and other merchants after activating the respective offer. BankAmeriDeals won’t rake in big bucks, but the “coins” you earn for regularly using the program can help you access upgraded deals.
  • Visa Signature benefits: As a Visa credit card, your Bank of America Travel Rewards card grants access to a portfolio of Visa Signature perks that can be useful while traveling. Contact your issuer to determine the specific features your card offers. You can expect standard benefits like extended warranty protection, Visa Signature® Concierge services, Roadside Dispatch®, lost luggage reimbursem*nt and travel and emergency assistance. However, you’ll want to contact Bank of America to determine the specific features your card offers.
  • Museums On Us: If you love planning day trips to popular museums, then this benefit is an underrated gem.Simply presenting your Bank of America debit or credit card and a valid photo ID will grant you free admission to over 225 cultural institutions during the first weekend of each month.

However, in the travel card landscape, these features aren't particularly competitive.Many of the more popular travel cards offer airport perks such as TSA PreCheck or Global Entry credits, in-flight or airline credit, airport lounge access, free checked bag(s), rental car assistance and more. You’ll normally have to pay an annual fee for these types of travel cards, but these card perks typically offer enough value to offset the cost of that annual fee.

Fees: Not terrible, but charges a balance transfer fee

Though it lacks an annual fee and has a long intro APR offer for purchases and balance transfers, the Bank of America Travel Rewards card charges a 3 percent fee for each balance transfer you make (for the first 60 days; after the intro balance transfer fee offer ends, the fee for future balance transfers is 4 percent).

If one of your primary goals in opening a new credit card is to consolidate existing debt and save on interest, this fee could prove a dealbreaker. If you have an especially large debt to transfer or want to perform several balance transfers over time, a dedicated balance transfer credit card might better serve your needs.

Staff experience: Here's what our experts say

Bankrate writer Brendan Dyer likes to redeem his credit card points toward travel, but since he doesn't typically spend much on travel, he's found some of the best travel and airline rewards cards to be a poor fit. After all, many of these cards offer their highest rewards rates on purchases with airlines and hotels and only get you 1X points on general purchases.

A flat-rate rewards card like the Bank of America Travel Rewards credit card strikes him as a solid option, however, since it earns 1.5X points on all purchases — not just travel. That's 50 percent higher than you'll earn on general purchases with most travel cards.

Since I only take two or three trips each year, my travel spending doesn't come close to my everyday spending. That means I can't rely on travel purchases as my primary method of earning points, miles or cash back — I earn a lot more from groceries, restaurants, gas and the like.

If you're like me and only travel occasionally, a flat-rate rewards card like this can be a great option. These cards earn points at the same flat rate on all purchases, making it easy to earn rewards toward travel without actually spending a ton on travel.

— Brendan Dyer, Writer, Credit Cards

How the Bank of America Travel Rewards credit card compares to other travel cards

If you value flexibility, the Bank of America Travel Rewards card is one of the best travel credit cards with no annual fee.It doesn’t operate like a traditional travel card with bonus points or miles, but works like a flat-rate cash back card — except your statement credits are restricted to travel and dining-related categories. But if you don’t travel frequently and you like to redeem for cash back, you’re probably better off with a true flat-rate cash back card.

Bank of America Travel Rewards Credit Card Review | Bankrate (5)

Bankrate Score

Rating: 4.1 stars out of 54.1

Apply now

on Bank of America's secure site

Annual fee

$0

Intro offer

25,000 points

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.

Rewards rate

1.5X

Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.

Recommended Credit Score

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Bank of America Travel Rewards Credit Card Review | Bankrate (6)

Bankrate Score

Rating: 4.9 stars out of 54.9

See Rates & Fees, Terms Apply

Apply now

on Capital One's secure site

Annual fee

$95

Intro offer

Earn 75,000 miles

New Venture cardholders can earn 75,000 miles once they spend $4,000 on purchases within 3 months from account opening

Rewards rate

2 Miles - 5 Miles

5 Miles per dollar on hotels and rental cars booked through Capital One Travel 2 Miles per dollar on every purchase, every day

Recommended Credit Score

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Bank of America Travel Rewards Credit Card Review | Bankrate (7)

Bankrate Score

Rating: 4.3 stars out of 54.3

Apply now

on Bank of America's secure site

Annual fee

$95

Intro offer

60,000 points

Receive 60,000 online bonus points - a $600 value - after you make at least $4,000 in purchases in the first 90 days of account opening.

Rewards rate

1.5X - 2X

Earn unlimited 2 points for every $1 spent on travel and dining purchases. Earn unlimited 1.5 points for every $1 spent on all other purchases.

Recommended Credit Score

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Best cards to pair with the Bank of America Travel Rewards Card

Since the Bank of America Travel Rewards card is a flat-rate card, the best cards to pair it with will reward your most frequent spending categories with higher rates. Your Travel Rewards card points are best used to cover travel and dining purchases, so you’ll want a card that covers spending outside those two categories.

Who is the Bank of America Travel Rewards Card right for?

The Bank of America Travel Rewards Card offers plenty of benefits, but it may not be the best option for everyone. It might be a good fit if you align with one of the following personas.

Bankrate’s Take — Is the Bank of America Travel Rewards credit card worth it?

The no-annual-fee Bank of America Travel Rewards card is a good choice for frequent travelers who value flexibility, particularly Preferred Rewards members already banking with Bank of America or Merrill.

Since you can redeem points for a travel rewards statement credit, you won’t have to deal with blackout dates or travel restrictions when redeeming, and you have the freedom to book through third-party sites for better travel deals.You can also use your points to cover a wide range of travel purchases, from aquarium tickets to hotel stays, which aren’t covered by comparable rewards cards.

However, there aren’t any travel-specific perks or opportunities to transfer rewards, so if you want richer travel opportunities you may find this card lacking. A 2 percent flat-rate cash back card may be a better option if you aren’t a Preferred Rewards member.

Dig deeper:Is the Bank of America Travel Rewards card worth it?

How we rated this card

150+

cards rated

50+

rewards programs valued

1800

data points analyzed

40+

perks evaluated

We rate credit cards using a proprietary card scoring system that ranks each card’s estimated average rewards rate, estimated annual earnings, welcome bonus value, APR, fees, perks and more against those of other cards in its primary category.

Each card feature is assigned a weighting based on how important it is to people looking for a card in a given category. These features are then scored based on how they rank relative to the features on other cards in the category. Based on these calculations, each card receives an overall rating of 1-5 stars (with 5 being the highest possible score and 1 being the lowest).

We analyzed over 150 of the most popular rewards and cash back cards to determine where each stacked up based on their value, cost, benefits and more. Here are some of the key factors that influenced this card’s overall score and how the score influenced our review:

Frequently asked questions

Compare the best excellent credit cards

Bank of America Travel Rewards Credit Card Review | Bankrate (8)

Written by

Re'Dreyona Walker

Associate Editor, Credit Cards

Read more from Re’Dreyona

Re’Dreyona Walker is an editor for Bankrate and CreditCards.com, focusing on product guides and reviews. As a personal finance expert, she is dedicated to providing honest product reviews as well as in-depth, comprehensive guides to assist readers in building credit and finding the best credit cards for their needs.

Bank of America Travel Rewards Credit Card Review | Bankrate (9)

Edited by

Courtney Mihocik

Senior Editor, Credit Cards

    Bank of America Travel Rewards Credit Card Review | Bankrate (10)

    Reviewed by

    Antonio Ruiz-Camacho

    Former Senior Director of Content

    * See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer.

    Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.

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    Bank of America Travel Rewards Credit Card Review | Bankrate (2024)

    FAQs

    Bank of America Travel Rewards Credit Card Review | Bankrate? ›

    Bankrate's Take — Is the Bank of America Travel Rewards credit card worth it? The no-annual-fee Bank of America Travel Rewards card is a good choice for frequent travelers who value flexibility, particularly Preferred Rewards members already banking with Bank of America or Merrill.

    Is it hard to get a Bank of America travel card? ›

    The Bank of America® Travel Rewards credit card is hard to get because it requires excellent credit for approval, which means you need a credit score of 750+ to have good odds of being approved. This requirement may be difficult for the average American to meet.

    What credit score do you need to get a Bank of America travel credit card? ›

    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.

    Are Bank of America travel points worth it? ›

    The Bank of America Travel Rewards credit card points are worth 1 cent each when redeemed for travel and dining purchases. For example, 10,000 Bank of America Travel Rewards credit card points are worth $100 in travel expenses. Redeeming for travel and dining is your best option with this card.

    What is the credit limit for Bank of America Travel Rewards? ›

    Here's the average credit limit of members who matched their Bank of America® Travel Rewards credit card or similar cards. The average credit limit for members who have matched with this card or similar cards is $8,814, with $10,000 being the most common.

    Which Bank of America card is easiest to get approved for? ›

    The Bank of America® Customized Cash Rewards Secured Credit Card is the easiest Bank of America credit card to get because you can get approved with bad credit. This means the odds of approval are good even with a credit score below 640.

    Is it hard to get approved for a travel credit card? ›

    You can get some travel credit cards with a low credit score, but many premium travel credit cards require a credit score above 670.

    Does Bank of America approve bad credit? ›

    If you don't have any credit history or have poor credit, consider applying for the Bank of America® Customized Cash Rewards Secured Credit Card* which is designed to help people improve their credit history. It has no annual fee and you can open it with a minimum security deposit of $200.

    Which credit bureau does Bank of America use for credit card approval? ›

    Bank of America primarily uses Experian reporting data, though it pulls Transunion reports in some states.

    What is the advantage of a Bank of America travel card? ›

    The Bank of America® Travel Rewards credit card is one of the few travel cards that features a generous 0% APR period: It boasts 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days.

    Does Bank of America Travel Rewards cover TSA PreCheck? ›

    Bank of America® Premium Rewards® credit card. Get up to $200 in combined Airline Incidental and TSA PreCheck®/Global Entry Statement Credits.

    Does closing a credit card hurt your credit? ›

    Credit experts advise against closing credit cards, even when you're not using them, for good reason. “Canceling a credit card has the potential to reduce your score, not increase it,” says Beverly Harzog, credit card expert and consumer finance analyst for U.S. News & World Report.

    Does the Bank of America Travel Rewards card charge international fees? ›

    Enjoy no annual fee and no foreign transaction fees while earning points to use for a statement credit to pay for flights, hotel stays, vacation rentals, baggage fees, and also at restaurants – including takeout.

    How many points for a flight at Bank of America? ›

    The average fare for a flight in the first half of 2021 was $221, according to the Bureau of Labor Statistics, which would require 22,100 Bank of America rewards points. You don%t have to pay for the entire ticket with points, though. You can redeem for any amount above the $25 threshold.

    Do my Bank of America Travel Rewards points expire? ›

    There is no expiration date on your Points, as long as your account remains in good standing. travel purchases. You can visit the Site or call Us to redeem Points for a travel statement credit (issued in U.S. dollars) to offset qualifying travel purchases. Eligible travel purchases can be found on the Site.

    What is the minimum payment on the Bank of America Travel Rewards credit card? ›

    The Bank of America Travel Rewards credit card minimum payment is $35 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $35, the Bank of America Travel Rewards credit card minimum payment will be equal to the balance.

    Is it hard to get approved for a Bank of America card? ›

    It is not very hard to get a Bank of America credit card because the issuer offers cards for people with bad credit or better. One of the easiest credit cards to get from Bank of America is the Bank of America® Customized Cash Rewards Secured Credit Card.

    What is the easiest U.S. Bank card to get? ›

    One of the easiest U.S. Bank credit cards you can get is the U.S. Bank Cash+® Visa® Secured Card. This card is available to applicants with bad credit, has a $0 annual fee and requires a minimum deposit of $300 to open the account. The deposit will serve as your credit limit.

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