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Updated 2022-08-10T16:47:30Z
Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The Bank of America® Travel Rewards credit card <desc> <g id="asterisk" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"> <path d="M29.37 0a5 5 0 014.975 4.805l.004.216-.074 17.076 16.857-9.732a5 5 0 015.196 8.542l-.196.119-16.316 9.42 16.316 9.42a5 5 0 01-4.799 8.77l-.2-.11-16.929-9.774-.07 16.27a5 5 0 01-9.996.175l-.003-.217.065-15.519-15.7 9.065a5 5 0 01-5.195-8.542l.196-.119 16.315-9.42-16.315-9.42a5 5 0 014.8-8.77l.2.11 15.776 9.11.072-16.496A5 5 0 0129.37 0z" fill="#111"> </path></g> </desc> is a good travel credit card for beginners or those who prefer simplicity in earning and redeeming rewards. It's got a solid bonus for a no-annual-fee card, and you can use your points toward a wide variety of travel purchases. Bank of America® Travel Rewards credit card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Rewards Earn an unlimited 1.5 points for each dollar you spend on your card Bank of America® Travel Rewards credit card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Rewards Earn an unlimited 1.5 points for each dollar you spend on your card On Bank of America's website Bank of America® Travel Rewards credit card from Bank of AmericaOn Bank of America's website Card DetailsRewards Earn an unlimited 1.5 points for each dollar you spend on your card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Recommended Credit Good to excellent Regular APR 16.24% - 26.24% (variable) Intro APR 0% intro APR on purchases for the first 18 billing cycles on purchases, and on any balance transfers made within the first 60 days of opening your account Pros & ConsChevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.Check mark iconA check mark. It indicates a confirmation of your intended interaction. Earns 1.5 points per dollar on every purchase Check mark iconA check mark. It indicates a confirmation of your intended interaction. No annual fee or foreign transaction fee Dash iconA dash. It often indicates an interaction to shrink a section. Some cards earn more rewards, though usually only in bonus categories Dash iconA dash. It often indicates an interaction to shrink a section. You can't transfer points to travel partners (though you can use points to cancel out travel purchases on your statement) HighlightsChevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.
Review: Is the Bank of America Travel Rewards the best credit card for you?Insider's Featured Cash Back Credit Cards
Chevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options. Chevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options. Earn unlimited 2% cash rewards on purchases. $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months from account opening Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. $200 cash back after spending $1,500 on purchases in the first 6 months of account opening
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. 5% cash back on travel purchased through Chase Ultimate Rewards®. 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases. $200 after spending $500 on purchases in the first three months from account opening If you're in search of a no-annual-fee travel rewards credit card that offers a straightforward points program, the Bank of America® Travel Rewards credit card is worth considering. This card offers a flat earning rate of 1.5 points per dollar on all purchases, and you can redeem your rewards toward travel expenses you charge to your card. With the Bank of America® Travel Rewards credit card, you can earn a welcome bonus of 25,000 points if you make at least $1,000 in purchases in the first 90 days of account opening. Each point is worth 1 cent, so the welcome bonus offer is worth $250 in travel. However, if you're a Bank of America Preferred Rewards member, the card can be much more lucrative. Depending on your rewards tier, you can earn 25% to 75% more points with this card. The Bank of America® Travel Rewards credit card is a good choice if you don't like dealing with complicated frequent flyer or hotel rewards programs that limit award availability and make their points hard to use. And on the earning side, there are no bonus categories or spending caps to track, either. If you're new to travel rewards, this could be a great way to start earning and redeeming points. New cardholders also receive a 0% intro APR on purchases for the first 18 billing cycles on purchases, and on any balance transfers made within the first 60 days of opening your account, after which a 16.24% - 26.24% (variable) APR applies. This could save you money if you plan to make a large purchase but spread the payments out over several months — as long as you have a plan to pay off the debt before the introductory period runs out. Before you decide on the Bank of America® Travel Rewards credit card, you'll want to consider similar no-annual-fee cards, because some have better earning rates and more flexible options for redeeming rewards. For example, the Wells Fargo Active Cash® Card earns 2% cash rewards on all purchases, and you can use your rewards for whatever you like — not just travel. Similarly, the Discover it® Miles earns 1.5 miles per dollar on all purchases, and at the end of the first 12 billing cycles, Discover will match all the rewards you earn. This means you'll effectively earn 3 miles per dollar in the first year, and while it's framed as a travel card, you can also redeem your miles for cash back at the same rate of 1 cent per mile. We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay. How to earn points from the Bank of America Travel Rewards cardBank of America® Travel Rewards credit card cardholders earn 1.5 points per dollar on all purchases, with no categories or limits to keep track of. Things get more interesting if you're a Bank of America Preferred Rewards customer. The amount of money you have on deposit (like savings or investments) with Bank of America and Merrill (Bank of America's wealth management division) determines your rewards tier. Depending on your tier, you could earn 25% to 75% more rewards. One other way to boost your returns from the Bank of America® Travel Rewards credit card is by purchasing travel through the Bank of America travel center. In that case, you'll earn 3 points per dollar (instead of 1.5 points per dollar) for your purchase. How to use points from the Bank of America Travel RewardsWith the Bank of America® Travel Rewards credit card, you'll earn points that are easy to redeem for a wide variety of travel expenses. Once you charge a travel purchase to your card, you can apply points at a rate of 1 cent each toward a statement credit to cover the purchase. The minimum redemption amount is 2,500 points ($25), and you'll have 12 months from the transaction date to apply your points. Bank of America has a broad definition of travel, including some purchases most would classify as entertainment. Categories that qualify for a Bank of America® Travel Rewards credit card travel statement credit include:
If you're not traveling, the Bank of America® Travel Rewards credit card allows you to use points for non-travel redemptions, but the rates aren't as attractive. For example, you can use points for gift cards starting at 3,125 points ($31.25), and the value per point varies. If you prefer cash back, you can redeem points for a check or electronic deposit into a Bank of America checking or savings account, or for credit to an eligible Cash Management Account with Merrill. In that case, your points are only worth 0.6 cents apiece, which is not a great value. Bank of America Travel Rewards card benefits and featuresThe Bank of America® Travel Rewards credit card doesn't have a ton of valuable cardholder perks, which is common among credit cards with no annual fee. Introductory 0% APR on purchasesThe Bank of America® Travel Rewards credit card comes with a 0% intro APR on purchases for the first 18 billing cycles on purchases, and on any balance transfers made within the first 60 days of opening your account. After that, there's a 16.24% - 26.24% (variable) APR. Using a 0% APR credit card offer can be a good way to spread out payments for a big purchase over time without incurring huge interest charges, but you'll want to be sure you have the means and a plan to pay it off. Otherwise, you'll end up with high-interest debt after the introductory period expires. Keep in mind there are longer introductory 0% APR credit card offers available right now, and some also include balance transfers in their offers. No foreign transaction feesGood travel credit cards don't charge foreign transaction fees, and the Bank of America® Travel Rewards credit card is no exception. Because it doesn't tack on these fees, you can use the card for international purchases and not get stung with extra charges. Free FICO scorePrimary cardholders with the Bank of America® Travel Rewards credit card can check their FICO score for free through Bank of America's online banking, mobile website, or mobile banking app for iPhone and Android. This is a useful tool for keeping tabs on your credit, especially if you don't have another credit card that offers free credit scores, Overdraft protectionThe Bank of America® Travel Rewards credit card comes with an optional Balance Connect overdraft protection feature that lets you link your eligible Bank of America deposit account to your card. If you choose to use the service, Bank of America automatically transfers funds from your credit card account to cover overdrafts on your deposit account, as long as you have credit available on your credit card. You won't be charged overdraft fees for this service, but you'll pay interest on the cash advance. Mobile walletWhen you add your Bank of America® Travel Rewards credit card to digital wallets like Apple Pay, Google Pay, or Samsung Pay, you can use it for in-person, online, or in-app transactions. Because your actual card number isn't stored on your device or shared with most merchants, you'll have more security when you make purchases. $0 liability guaranteeLosing a credit card or having it stolen stinks, but you won't have to worry about fraudulent or unauthorized transactions on your Bank of America® Travel Rewards credit card as long as you report the issue promptly. Bank of America® Travel Rewards credit card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Rewards Earn an unlimited 1.5 points for each dollar you spend on your card Bank of America® Travel Rewards credit card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Rewards Earn an unlimited 1.5 points for each dollar you spend on your card On Bank of America's website Bank of America® Travel Rewards credit card from Bank of AmericaOn Bank of America's website Card DetailsRewards Earn an unlimited 1.5 points for each dollar you spend on your card Intro offer 25,000 points if you make at least $1,000 in purchases in the first 90 days Recommended Credit Good to excellent Regular APR 16.24% - 26.24% (variable) Intro APR 0% intro APR on purchases for the first 18 billing cycles on purchases, and on any balance transfers made within the first 60 days of opening your account Pros & ConsChevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.Check mark iconA check mark. It indicates a confirmation of your intended interaction. Earns 1.5 points per dollar on every purchase Check mark iconA check mark. It indicates a confirmation of your intended interaction. No annual fee or foreign transaction fee Dash iconA dash. It often indicates an interaction to shrink a section. Some cards earn more rewards, though usually only in bonus categories Dash iconA dash. It often indicates an interaction to shrink a section. You can't transfer points to travel partners (though you can use points to cancel out travel purchases on your statement) HighlightsChevron iconIt indicates an expandable section or menu, or sometimes previous / next navigation options.
Bank of America Travel Rewards credit card fees and costsAlong with not having an annual fee and offering an intro APR, the Bank of America® Travel Rewards credit card doesn't add foreign transaction fees, which makes it a good pick to have in your wallet when you travel abroad. As with most other cards, you'll pay fees for balance transfers, cash advances, and late or returned payments. Comparison: Bank of America Travel Rewards vs other Bank of America credit cards*On the Bank of America® Customized Cash Rewards Credit Card, earn 3% and 2% cash back on up to the first $2,500 spent in these categories combined each quarter, then 1% cash back ***Eligible Bank of America® Customized Cash Rewards Credit Card 3% categories are gas, online shopping, dining, travel, drug stores, or home improvement/furnishings Bank of America Travel Rewards vs other no-annual-fee credit cardsBank of America Travel Rewards frequently asked questions (FAQ)Most people who are approved for the Bank of America® Travel Rewards credit card have at least a good credit score. That means a FICO score of at least 670 or a VantageScore of 700 or more. You still have options if your credit score is below that range. Our guides to the best credit cards for fair or average credit and for bad credit include some cards that earn solid rewards. Keep in mind there's also a student version of this card — the Bank of America® Travel Rewards Credit Card for Students <desc> <g id="asterisk" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd"> <path d="M29.37 0a5 5 0 014.975 4.805l.004.216-.074 17.076 16.857-9.732a5 5 0 015.196 8.542l-.196.119-16.316 9.42 16.316 9.42a5 5 0 01-4.799 8.77l-.2-.11-16.929-9.774-.07 16.27a5 5 0 01-9.996.175l-.003-.217.065-15.519-15.7 9.065a5 5 0 01-5.195-8.542l.196-.119 16.315-9.42-16.315-9.42a5 5 0 014.8-8.77l.2.11 15.776 9.11.072-16.496A5 5 0 0129.37 0z" fill="#111"> </path></g> </desc> — that offers most of the same benefits and can be easier to qualify for if you're a college student. </p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-bold faq-question"> Is the Bank of America Travel Rewards card worth it? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon" data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewbox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path fill="none" stroke="#6D787A" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"> </path></p></div> <div> <p>The Bank of America® Travel Rewards credit card is worth it if you're looking for a simple way to earn and use credit card rewards for travel without paying an annual fee. It's best suited for beginners or those who don't want to mess with complicated award programs, but to that end, it doesn't come with a lot of benefits.</p> <p>However, if you're interested in really maximizing your credit card spending for travel, check out our guide to the <a href="https://www.businessinsider.com/personal-finance/best-travel-rewards-credit-cards" target="_blank" rel="noopener" data-analytics-module="body_link">best travel rewards credit cards</a>. Here you'll find card options with lucrative bonus categories and more redemption options, especially transfers to airline and hotel partners that can get you outsized value.</p> </div> </div> <div data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <p>Unfortunately, the Bank of America® Travel Rewards credit card doesn't offer travel insurance like many other top travel rewards cards. This is a big drawback for those who book flights, hotels, or rental cars and want an additional layer of protection.</p> <p>If receiving perks like <a href="https://www.businessinsider.com/personal-finance/credit-cards-with-primary-rental-car-insurance" target="_blank" rel="noopener" data-analytics-module="body_link">car rental insurance</a>, trip cancellation/interruption insurance, or <a href="https://www.businessinsider.com/personal-finance/trip-delay-insurance-credit-cards" target="_blank" rel="noopener" data-analytics-module="body_link">trip delay insurance</a> is important to you, you'll want to choose a card from our list of <a href="https://www.businessinsider.com/personal-finance/best-credit-cards-travel-insurance" target="_blank" rel="noopener" data-analytics-module="body_link">top credit cards with travel insurance</a> instead.</p> </div> <section data-component-type="post-author"> <div> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/holly-johnson" target="_blank" data-analytics-product-module="author-bio"> </a> <div> <div> <a id="post-author_name-link" href="https://www.businessinsider.com/author/holly-johnson" target="_blank" data-analytics-product-module="author-bio"> <p>Holly Johnson</p> </a> <p>Freelance Writer</p> </div> <div> <p><span><span>Holly Johnson is a credit card expert, award-winning writer, and mother of two who is obsessed with frugality, budgeting, and travel. In addition to serving as contributing editor for The Simple Dollar and writing for publications such as Bankrate, U.S. News and World Report Travel, and Travel Pulse, Johnson owns </span><a target="_blank" href="http://clubthrifty.com/">Club Thrifty</a><span> and is the co-author of "Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love."</span></span> </p> <p><label for="expanded0" role="button">Read more</label> <label for="expanded0" role="button">Read less</label> </p></div> </div> </div> <div> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/jasmin-baron" target="_blank" data-analytics-product-module="author-bio"> </a> <div> <p><span>Jasmin Baron is an editor at Insider, responsible for credit card coverage on Personal Finance Insider. She is also a Certified Educator in Personal Finance (CEPF).Before joining the Insider team, she was a senior editor at The Points Guy and Million Mile Secrets, covering credit cards, points and miles, and loyalty programs. Her expertise in maximizing travel rewards grew from over two decades of experience in the aviation industry, including 18 years working as a pilot and flight instructor in her native Canada.You can reach Jasmin at <a target="_blank" href="mailto:"></a>.</span> <span><a target="_blank" href="https://www.businessinsider.com/personal-finance/personal-finance-editorial-standards">Learn more about how Personal Finance Insider chooses, rates, and covers financial products and services »</a></span> </p> <p><label for="expanded1" role="button">Read more</label> <label for="expanded1" role="button">Read less</label> </p></div> </div> </section> </div> </div> <div> <p><em>For rates and fees of Discover it® Miles, please click <a href="https://oc.brcclx.com/t/?lid=26679699&cr=28386&last_updated=1598929794" target="_blank" rel="nofollow">here.</a></em></p> <p><em>Editorial Note: 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. <a target="_blank" href="https://www.businessinsider.com/personal-finance/personal-finance-editorial-standards">Read our editorial standards</a>.</em></p><p><em>Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.</em></p><p><em>**Enrollment required.</em></p> </div> </div> <div data-analytics-product-module="multi-recirc" data-component-type="eop-recirc"> <h2>Related articles</h2> </div></div> </div> <section data-acq-source="personalfinanceverticalinline" data-list="Personal Finance" data-event-label="personal_finance" data-component-type="inline-newsletter-module" id="formContainer"> <P><svg version="1.1" xmlns="http://www.w3.org/2000/svg" role="img" width="50" height="50" viewbox="0 0 50 50" style="enable-background:new 0 0 50 50" xml:space="preserve"> <title>Loading <desc>Something is loading.</desc> <path fill="#111" d="M43.935,25.145c0-10.318-8.364-18.683-18.683-18.683c-10.318,0-18.683,8.365-18.683,18.683h4.068c0-8.071,6.543-14.615,14.615-14.615c8.072,0,14.615,6.543,14.615,14.615H43.935z"> <animatetransform attributetype="xml" attributename="transform" type="rotate" from="0 25 25" to="360 25 25" dur="0.6s" repeatcount="indefinite"> </animatetransform></path> </p> </div></div></div></div></div></div></div></article></div></section> <section data-track-event-label="category" data-e2e-name="category-wrapper" data-track-page-area="Post Bottom" data-post-bottom=""> <a target="_blank" href="https://www.businessinsider.com/category/personal-finance-insider" data-e2e-name="category-link">Personal Finance Insider</a> <a target="_blank" href="https://www.businessinsider.com/category/credit-cards" data-e2e-name="category-link">Credit Cards</a> <a target="_blank" href="https://www.businessinsider.com/category/credit-card-review" data-e2e-name="category-link">Credit card review</a> <p> More... </p> </section> </section></div> Does Bank of America travel Card have travel insurance?The answer to both of these questions is no. Although plenty credit cards offer travel insurance and rental car benefits, the Bank of America® Travel Rewards credit card does not.
Does Bank of America travel Rewards cover TSA PreCheck?Apply for Global Entry or TSA PreCheck
The Bank of America® Premium Rewards® credit card comes with a $100 Global Entry or TSA PreCheck application fee statement credit, valid every four years.
Does Bank of America travel Rewards have lounge access?The Bank of America® Travel Rewards credit card does not offer lounge access. The Bank of America Travel Rewards credit card's best benefits are its 0% foreign transaction fee, $0 annual fee, and rewards: unlimited 1.5 points / $1 spent plus an initial bonus of 25,000 points for spending $1,000 in the first 90 days.
What can you use Bank of America travel Rewards for?Points earned through the Bank of America Travel Rewards Card can be redeemed for statement credits to pay for flights, hotels, vacation packages, cruises, rental cars and baggage fees. Each point is worth one cent when redeemed this way.
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