Spend $1,000 in purchases in the first 90 days of account opening get 25,000 online bonus points which = a $250 statement credit redeemed on your travel and dining purchases.
That’s like getting a steak dinner for 2 with wine! Or a cheaper / free airline ticket to a warm destination!
The Bank of America® Travel Rewards credit card is a great option for travelers who are looking for a no-annual-fee card that earns unlimited points. Points can be redeemed for a variety of travel rewards, including statement credits for flights, hotels, vacation rentals, and more. The card also offers a 0% intro APR on purchases for 15 billing cycles and 0% intro APR on balance transfers for 15 billing cycles for any balance transfers made in the first 60 days, then the ongoing APR of 18.24%-28.24% Variable APR.
Compare and apply for the top travel rewards credit card offers for 2023/2024!
Pros
- No annual fee
- Unlimited 1.5 points per $1 spent on all purchases
- Points don’t expire
- No foreign transaction fees
- 0% intro APR on purchases and balance transfers for 15 billing cycles
- 25,000 bonus points after you spend $1,000 in purchases within the first 90 days of account opening
- No Annual Fee: The absence of an annual fee makes it a cost-effective choice for budget-conscious travelers.
- Unlimited Points: Earning 1.5 points per $1 on all purchases provides a consistent and unlimited rewards structure.
- No Expiry: Accumulated points don’t expire, offering flexibility in redeeming rewards over time. Use them when you need them!
- No Foreign Transaction Fees: This feature makes it a suitable companion for international travelers, eliminating extra costs.
- Introductory APR: The 0% intro APR on purchases and balance transfers for 15 billing cycles can be advantageous for those planning large expenditures. Or reducing higher interest loans and re-payments on other credit cards.
- Bonus Points: A bonus offer of 25,000 points is available after spending $1,000 on purchases within the first 90 days of account opening. $250 in free food or travel (to sum it up) off your statement.
Cons
- Low rewards rate compared to other travel cards
- No travel-specific perks, such as airport lounge access or airline fee credits
- Low Rewards Rate: While the card offers a straightforward rewards system, the 1.5 points per $1 spent may be considered modest compared to other travel cards.
- Lack of Travel-Specific Perks: The card lacks additional travel-specific benefits, such as airport lounge access or airline fee credits, which some competitors may offer.
Overall
The Bank of America® Travel Rewards credit card is a good option for travelers who are looking for a simple, no-annual-fee card that earns unlimited points. The 0% introductory APR and bonus points offer add appeal, particularly for those planning immediate significant expenses. However, there are other travel cards that offer better rewards rates and more travel-specific perks. If you are a frequent traveler who is looking for the most bang for your buck, you may want to consider another card.
Here is a table that summarizes the key features of the card:
| Feature | Details |
|---|---|
| Annual fee | $0 |
| Points earned | Unlimited 1.5 points per $1 spent on all purchases |
| Points redemption | Statement credits for flights, hotels, vacation rentals, baggage fees, and restaurants |
| Foreign transaction fees | None |
| Intro APR | 0% intro APR on purchases and balance transfers for 15 billing cycles |
| Bonus offer | 25,000 bonus points after you spend $1,000 in purchases within the first 90 days of account opening |
You can apply for the Bank of America® travel rewards credit card here https://www.bankofamerica.com/credit-cards/products/travel-rewards-credit-card/?campaign=4066670~AH~en_US
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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