Bank of America® Travel Rewards Credit Card for Students

The Bank of America® Travel Rewards Credit Card for Students is for students who love to travel. This card offers 1.5x points on purchases and comes with no annual fee. You also get a generous 0% introductory APR offer on balance transfers and purchases for the first 15 months, then 18.24% - 28.24% variable APR. The intro APR only applies to purchases balance transfers made within 60 days of opening your account. There are no foreign transaction fees, and there is a welcome bonus. Unlike many travel rewards cards, you can’t transfer your points to travel partners but you can redeem them for a statement credit to pay for travel or restaurant purchases. We dive into the details and your approval odds in this Bank of America Travel for Students review.

Bank of America Travel Rewards for Students

Our Rating

4.5/5.0

Welcome Offer

Earn 25,000 online bonus points

Annual Fee

$0

0% on Purchases

15 months

Reward Rate

1.5x points

0% on Balance Transfers

15 months

Welcome Offer

Earn 25,000 online bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening – which can be redeemed for a $250 statement credit toward travel and dining purchases

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Identity theft protection
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsFree credit score access, 24/7 customer service
Travel PerksConcierge Services, Emergency Travel Assistance, Roadside Assistance

Rewards

1.5x points
All eligible purchases
Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points as long as your account remains open

Interest Rates & Fees

Annual Fee$0
Foreign Transaction FeeNone
Regular APR18.24% - 28.24% (V) APR
Balance Transfers0% Intro APR for 15 months on balance transfers, then 18.24% - 28.24%(V) APR after that.
Balance Transfer Intro Fee3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%.
Balance Transfer Fee3% of each transaction intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%.
Purchases0% Intro APR for 15 months on purchases, then 18.24% - 28.24% (V) APR after that.

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • No foreign transaction fee
  • 1.5x points on all purchases
Cons
  • High APR
  • Requires good credit
  • No transfer of points

What Are the Best Alternatives?

Capital One SavorOne Student Cash Rewards Credit Card
Capital One SavorOne Student Cash Rewards Credit Card

Rating

4.5

Rewards Range

1% to 8% cash back

Annual Fee

$0

Bank of America® Customized Cash Rewards Credit Card for Students
Bank of America® Customized Cash Rewards Credit Card for Students

Rating

4.5

Rewards Range

1% - 3% cash back

Annual Fee

$0

Capital One Quicksilver Student Cash Rewards Credit Card
Capital One Quicksilver Student Cash Rewards Credit Card

Rating

4.4

Rewards Range

1.5% - 10%

Annual Fee

$0

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