Rewards Rate
points per $1 spent on all purchases.
point welcome bonus – valued at $250 when redeemed for travel, after spending $1,000 in the first 90 days.
Welcome Bonus
The Bank of America® Travel Rewards Card offers 25,000 bonus points, equivalent to $250 when redeemed for travel. To earn this, you need to spend $1,000 within the first 90 days of account opening. This is a generous bonus given the no-annual-fee structure.
APR
18.24-28.24% Variable APR
Pro & Cons
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Unlimited 1.5 points on every purchase.
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No annual fee and no foreign transaction fees.
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Competitive welcome bonus for a no-fee card.
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Enhanced rewards for Bank of America Preferred Rewards members.
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Points are most valuable when redeemed for travel-related expenses.
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Limited additional perks compared to premium travel cards.
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Requires good to excellent credit for approval.
Bank of America® Travel Rewards Card
The Bank of America® Travel Rewards Card is an excellent choice for frequent travelers and everyday spenders who want flexible rewards. Offering a straightforward earning structure, generous welcome bonus, and no annual fee, this card is perfect for those seeking hassle-free travel perks. What sets it apart is the unlimited 1.5 points per dollar spent on all purchases, plus extra rewards for Bank of America Preferred Rewards clients.
Miles per dollar on every purchase
Miles per dollar on hotel and rental car purchases through Capital One Travel
Free lounge visits each year
Bonus miles after spending $4,000 on purchases within 3 months of opening an account
Credit for either TSA PreCheck or Global Entry
miles on every dollar spent with no category restrictions.
Capital One SavorOne Cash Rewards
Good for:
Variable Rate Cash Back Rewards
cash back on select purchases (through Uber and Uber Eats) — good through November 14, 2024
cash back on Capital One Entertainment purchases
cash back on rental cars and accommodations purchased through Capital One Travel
cash back on qualifying entertainment purchases, dining, groceries, and popular streaming services
cash back on other purchases
cash bonus when you spend at least $1,000 within 3 months of opening an account
introductory APR on both balance transfers and purchases made in the first 15 months
Card Highlights
- Unlimited 1.5 points per $1 on every purchase – no categories or caps.
- 25,000-point welcome bonus – valued at $250 when redeemed for travel, after spending $1,000 in the first 90 days.
- No foreign transaction fees – ideal for international travelers.
- No annual fee – enjoy all the benefits without a yearly cost.
- Bonus for Preferred Rewards Members – up to 75% more points, which could mean earning up to 2.62 points per $1.
Rewards Redemption
With this card, you’ll earn 1.5 points per dollar on every purchase, and the points can be redeemed for a wide range of options:
- Travel: Book flights, hotels, vacation rentals, and more through the Bank of America travel portal.
- Statement Credits: Redeem points for travel-related expenses or as a credit toward your monthly bill.
- Cash Back and Gift Cards: Use points to get cash back or exchange them for gift cards from top brands.
There’s no limit to the number of points you can earn, and points never expire.
Card Terms, Rates, and Fees
- Annual Fee: $0
- APR for Purchases: 0% intro APR for 18 billing cycles, then 18.99% – 28.99% variable APR.
- Balance Transfer Fee: 3% of each transfer (minimum $10).
- Foreign Transaction Fee: $0
- Late Payment Fee: Up to $40.
Maximize Benefits and Avoid Fees
To get the most out of your Bank of America® Travel Rewards Card:
- Use for All Purchases: The flat 1.5 points per dollar on every purchase makes earning rewards across all spending categories easy.
- Leverage the Welcome Bonus: Spend $1,000 within the first 90 days to earn the 25,000-point bonus.
- Travel Abroad: With no foreign transaction fees, this card is perfect for international use.
- Enroll in Preferred Rewards: If you qualify, you can increase your rewards rate by up to 75%.
Qualification Requirements
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Requirement |
Description |
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Credit score & credit history |
Good to excellent credit (typically 700+) |
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Income |
Sufficient income to meet credit obligations. |
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Job-status |
Stable employment preferred |
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Citizenship/residency |
US citizen or permanent resident |
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Age |
18+ with a valid SSN or ITIN |
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Required documents |
Valid ID and proof of income. |
What Makes This Card Appealing?
The Bank of America® Travel Rewards Card is an excellent no-annual-fee option for those who want to earn travel rewards on all purchases without the hassle of rotating categories or high annual costs. With a competitive welcome bonus, unlimited 1.5 points on all spending, and no foreign transaction fees, it’s a great choice for frequent travelers and everyday users alike.
How to Apply
Applying for the Bank of America® Travel Rewards Card is easy:
Get started with personal information
Phone number, email , citizenship & employment status
Income information
Terms & Conditions
- Visit the Bank of America Website: Go to the official Travel Rewards Card page.
- Click “Apply Now”: Begin your application by selecting this option.
- Complete the Application Form: Provide personal details such as:
- Full name
- Social Security number
- Residential address
- Employment and income information
- Review Terms: Carefully read the card’s terms and conditions, focusing on APR, fees, and rewards.
- Submit Your Application: Once all details are filled in, submit the form. You may receive instant approval, though some applications may require further review.
FAQ
Does the Bank of America® Travel Rewards Card charge an annual fee?
No, this card has no annual fee, making it a cost-effective option for earning travel rewards.
Can I use the Bank of America® Travel Rewards Card internationally?
Yes, with no foreign transaction fees, this card is ideal for international travel.
How can I redeem my points?
Points can be redeemed for travel, statement credits, cash back, or gift cards through the Bank of America rewards portal.
