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- Cardholders get 3 points per $1 spent on travel purchases (4 points for those enrolled in the PenFed Honors Advantage program) and 1.5 points per $1 spent everywhere else.
- While the Bank of America Travel Rewards credit card can be a good option for some travelers, it’s not the best credit card for everyone.
- Anyone can apply for the Bank of America Travel Rewards card, but no credit score guarantees approval.
- SkyMiles also offers 2x points on dining and grocery purchases and the same bump for reservations made with Delta.
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Diamond and Diamond Honors tiers will also receive a higher interest rate on Bank of America Advantage Savings accounts and a reduced annual fee for Merrill Guided Investing accounts. [newline]Receive 20% off the cost of airfare when redeeming points through the Bank of America Travel Center. To be eligible for the 20% discount, the airfare itinerary must be booked online at bankofamerica.com/travel or through the Premium Rewards Elite concierge service using the Bank of America Travel booking system. Only the portion of the airfare’s cost paid for with points is eligible for the discount. For example, 80,000 Points can be redeemed for a $1,000 flight (instead of the normal 100,000 points).
Why I Love The Bank Of America Travel Rewards Card
I submitted substantial evidence for both claims, have spoken to about 10 reps who have not been helpful. The customer representatives often do not have accurate information. The card also offers a plethora of travel and purchase protections to help keep you covered. The 25%-75% Preferred Rewards earning boost also apply to these purchases. For balance transfers, enjoy an intro 0% APR for the first 18 billing cycles for balance transfers made within the first 60 days. For the first 18 billing cycles, you qualify for an introductory 0% APR on purchases.
- So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
- Travel purchases through the Bank of America Travel Center earn 3 points per $1.Bank of America Preferred Rewards members can earn up to 75% more points on purchases.
- A sign-up bonus provides a serious head start in the points total.
- Travel bookings using the Bank of America Travel Center earn 3 points per $1 instead of the 1.5x standard rate.
The Bank of America® Travel Rewards credit card is a great $0-fee travel companion, but depending on how much you spend and how you prefer to redeem, a different card might better suit you. This solid no-fee travel credit card is especially rewarding for Bank of America® banking customers. Plus, as a Preferred Rewards member, you enjoy real benefits and rewards on your everyday Bank of America® banking and Merrill investment accounts.
Bank of America cardmembers can manage their accounts online or through the Bank of America mobile app. You can also add this card to digital wallets to shop in-store or in-app using Google Pay, Samsung Pay, and Apple Pay. We believe everyone should be able to make financial decisions with confidence.
Introductory 0% Apr Purchase & Balance Transfer Offer
You can use points to get credit for airfare, hotel stays, cruises and car rentals, of course — but also for things like campgrounds, art galleries, amusement parks, carnivals, circuses, aquariums and zoos. Add to that, points are good for credit on restaurant purchases, too. When you enroll in the Preferred Rewards program, you can get a 25% — 75% rewards bonus on all eligible Bank of America® credit cards. While some travel portals – like American Express Travel – allow anyone to book a trip on the site, the Bank of America Travel Center is limited to cardholders who earn travel rewards with the bank. If you have a checking or savings account with Bank of America or a card that just earns cash back, you can’t take advantage of the platform. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.
There’s no annual fee on the , and no fee is charged on foreign transactions. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. These offers do not represent all available deposit, investment, loan or credit products. We may receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. When it comes to redeeming your Bank of America travel rewards, your options can vary depending on the card you have. As do other card issuers, Bank of America monitors your account for suspected fraudulent or suspicious activity and alerts you if any unusual patterns are detected.
However, if you don’t travel often, you may benefit from a cash-back card instead. Use your Bank of America® Travel Rewards credit card to book travel however you want, and then redeem points for credit on your statement against those travel purchases. You can use points to cover expenses like flights, hotels, vacation packages, cruises, rental cars, baggage fees and more. The BankAmericard comes with a new account bonus, a valuable promotional financing offer and one of this bank’s lowest interest rates. New accounts receive 18 billing cycles of interest-free financing on both new purchases and balance transfers (then 12.99% to 22.99% variable APR).
Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first.
MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Luxury travel and lifestyle benefits, along with a dedicated concierge. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. If this card isn’t right for you, check out our recommended alternatives to find a better option.