The bonus points could be redeemed for a $250 statement credit toward travel or dining purchases.
Another solid alternative is the Capital One Venture X Rewards Credit Card.
You could also earn 75,000 miles when you spend $4,000 on purchases in the first a few months from account opening.
This card supplies a fairly generous bonus for eligible new card members.
You obtain 25,000 points when you make at the very least $1,000 in purchases within 3 months of opening your account.
This bonus is worth $250 if taken as a travel or dining statement credit.
No, the Bank of America Travel Rewards card does not charge foreign transaction fees.
The card offers flexible redemption options at 1 cent per point towards the Chase travel portal, cash-back, and much more.
Plus, those with a premium Ultimate Rewards card just like the Chase Sapphire Preferred® Card can pool their points together to redeem through one of many Chase transfer partners.
You’ll get probably the most value with the lowest number of points required to redeem in the event that you apply them as a travel statement credit for a price of $0.01 each.
Is The Bank Of America® Travel Rewards Charge Card Right For You Personally?
THE LENDER of America Travel Rewards card doesn’t offer quite as many perks as a few of its competitors.
However, cardholders who would like a top travel card that doesn’t charge a hefty annual fee may be very content with what it has to offer.
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They don’t take into account any bonus rewards you may earn when you book trips through the Bank of America Travel Center or the added value you could get if you qualify for Bank of America’s Preferred Rewards program.
Students look to study abroad may also reap the benefits of no foreign transactions fees.
- Rewards card could be redeemed for statement credits to reimburse eligible travel and dining purchases or redeemed for cash or gift cards.
- That doesn’t mean, however, that the card comes without the perks.
- If you’re in the market for a travel rewards charge card, but don’t desire to deal with complicated rewards structures or spending limits, you should look at the lender of America® Travel Rewards credit card.
- program may help you obtain upgraded deals.
If you don’t travel frequently and “flexibility” means occasionally redeeming for cash rewards, you’re probably better off with a true flat-rate cash back card.
The Bank of America Travel Rewards charge card is really a decent flat-rate rewards card for travelers who want to avoid an annual fee.
It’s an excellent fit for occasional travelers who only have a few trips per year and want to earn rewards on everyday spending, not only travel purchases.
How Bank Of America® Travel Rewards Credit Card Compares To Other Cards
With no annual fee, it is possible to maximize the amount of points you earn to utilize on travel purchases without fretting about whether you may spend enough to justify the high cost that come with some travel rewards cards.
You can earn unlimited 1.5X points for every $1 you spend on all of your purchases.
You can use your points toward eligible travel expenses and, just like with many comparable travel credit cards, your points never expire.
Most people who regularly work with a credit card could have no problem reaching this affordable spending threshold.
For a card with no fee and a minimal minimum spend, it’s worth having on your radar.
I have been attempting to resolve two charge card disputes with Bank of America for six months now where I was charged incorrect amounts by merchants.
I submitted substantial evidence for both claims, have spoken to about 10 reps who’ve not been helpful.
The client representatives often don’t have accurate information.
THE LENDER of America travel portal allows you to redeem your points for any travel-related purchase
- On the high end, cardholders have reported limits of $50,000 or even more.
- Still, the Bank of America Travel Rewards card is really a decent option, especially if you earn Preferred Rewards status.
- 2 January 2023 Athleta Rewards Mastercard® 2023 Review Although the is unlike other Gap, Inc. store cards for the reason that it can be used anywhere Mastercard is accepted, you’ll probably be better served sh…
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Chase’s Ultimate Rewards points are worth 1 cent each when redeemed for a statement credit, which can be applied to any charges.
You can utilize the rewards earned from your own Bank of America Travel Rewards charge card to reimburse yourself for just about any travel or restaurant expenses at the rate of 1 cent per point.
Additionally, it is possible to redeem your points as cash back by means of a statement credit.
However, at one-half cent per point, the cash-back rate only offers half of the value.
Also you can redeem your rewards points for gift cards at varying values, depending on current promotions.
Understand that there exists a minimum redemption of 2,500 points per transaction.
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The information, including card rates and fees, presented in the review is accurate as of the date of the review.