Bank of America Travel Rewards Card
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The Bank of America® Travel Rewards Card allows card holders to earn an unlimited 1.5 points for every dollar that you spend on all purchases. If you bank with Bank of American or have an investment account with Merril Lynch, you can get Preferred status, which means your points can be worth 25% to 75% more, depending on your tier. Keep in mind, however, that the 1.5x reward rate applies only when points are redeemed for a statement credit for travel and dining charges. If you redeem your points for cash or gift cards, they will be worth less. We dive into the details and your approval odds in this Travel Rewards review.
Our Rating
4.0/5.0
Welcome Offer
25000 points
Annual Fee
$0
0% Intro on Purchases
15
Reward Rate
1.5 points
0% Intro on Balance Transfers
15
>>Check Out This and Other Travel Rewards Credit Cards Here
Welcome Offer
Get 25,000 bonus points when you make at least $1,000 in purchases in the first 90 days the account is open.
Editorial Review
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Extended Warranty Coverage, Free credit score access, 24/7 customer service |
| Travel Perks | Concierge Services, Emergency Travel Assistance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | $0 |
| Regular APR | 19.24% to 29.24% (V) APR |
| Balance Transfers | 0% Intro APR for 15 months on balance transfers, then 19.24% to 29.24%(V) APR after that. |
| Balance Transfer Fee | 3% of the amount of each transaction. |
| Purchases | 0% Intro APR for 15 months on purchases, then 19.24% to 29.24% (V) APR after that. |
What Credit Score Is Required to Get the Bank of America® Travel Rewards Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 759
Average Approved Credit Score: 762
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 02/17/2021 | Experian | ||
| Approved | 03/27/2020 | TransUnion |
Pros & Cons
- Earn unlimited 1.5 in points for every dollar spent on any purchase
- Signup bonus worth $250
- $0 annual fee
- 0% APR for first 12 months
- Preferred Rewards
- Points are worth $0.01 only if redeemed for statement credit for travel or dining purchases
- Points redeemed for cash are worth just $0.006.
What Are the Best Alternatives?
Capital One Venture Rewards Credit Card
Rating
4.5
Rewards Range
2x - 5x miles
Annual Fee
$95
Chase Sapphire Preferred® Card
Rating
4.9
Rewards Range
1x - 5x points
Annual Fee
$95
Blue Cash Everyday® Card from American Express
Rating
4.4
Rewards Range
1%-3%
Annual Fee
$0