Bank of America® Travel Rewards

Issuer

Bank of America

Network

Visa

Regular APR

18.24% - 28.24%

Credit Score

690 - 850 (Good - Excellent)

Rewards Rate Details

Earn unlimited 1.5 points per $1 spent on all purchases and your points don't expire as long as your account remains open.

Intro Offer Details

25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.

Pros

• No annual fee makes it an attractive option for budget-conscious travelers.
• Earn unlimited 1.5 points per $1 spent on all purchases, with no categories to manage.
• Bank of America Preferred Rewards® members can earn up to a 75% bonus on points.
• No foreign transaction fees, making it suitable for international travel.
• Flexible redemption options, including travel statement credits, dining, and cash rewards.
• Lengthy introductory 0% APR period on purchases and balance transfers (15 months).

Cons

• Limited travel benefits compared to other travel-focused cards, with no perks like lounge access or travel protections.
• Minimum redemption of 2,500 points ($25) for travel or cash back, higher than some competitors.
• No bonus points for specific categories, limiting potential earnings for targeted spending.
• Requires good/excellent credit, making it less accessible to some applicants.
• No airline or hotel transfer partners for points redemption, restricting flexibility.