Bank of America
Royal ONE™ Visa Signature® Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | 45,000 bonus points |
| Rewards Rate | 1x-3x points |
| Intro APR | None |
| Regular APR | Standard APR 17.49% - 27.49% variable |
| Other Fees | Balance Transfer Fee 5% of each transaction No foreign transaction fees |
| Network | Visa |
About this card
The Royal ONE™ Visa Signature® Credit Card earns a 'Good' overall rating of 3.8 out of 5.0. This card presents a compelling value proposition for its specific target audience: loyal customers of Royal Caribbean, Celebrity Cruises, and Silversea. Its strengths lie in an outstanding fee structure and a very generous rewards program for its niche. The card boasts a $0 annual fee and crucially, no foreign transaction fees, which is excellent for a travel-focused card. The sign-up bonus is exceptionally strong for a no-annual-fee product, offering a $450 value, and the earning rates of 3x points on cruise purchases and 2x on grocery/gas are very competitive. Additional perks like an annual cruise discount and priority boarding further enhance its appeal for frequent cruisers. However, the card is significantly hampered by its extremely restrictive rewards redemption, as points are exclusively redeemable for discounts or onboard credit with the specified cruise lines. This severely limits its universal appeal and flexibility, making it a much less attractive option for those seeking general travel rewards or other redemption choices. The card's major drawback is its APR offering: it lacks any introductory APR period for purchases or balance transfers, and its regular APR can be quite high (up to 27.49% variable) for a card targeting the 'Very Good' credit tier. While the lower end of the APR range is competitive, the potential for a high rate makes it an expensive card to carry a balance on, directly conflicting with consumer interests. The high 5% balance transfer fee is another notable negative. In summary, the Royal ONE™ Visa Signature® Credit Card is a solid, well-designed card for a very specific segment of the market. Its excellent fees and strong niche rewards are balanced against a poor APR offering and highly inflexible redemption. For a consumer who pays their balance in full and frequently cruises with Royal Caribbean or its partner lines, this card offers substantial value. For anyone outside this narrow demographic, or those who occasionally carry a balance, its limitations become quite significant.
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- High rewards rate on specific travel and everyday purchases
- No foreign transaction fees
- Travel perks
Things to consider
- No intro APR period
- High regular APR
- High balance transfer fee
- Rewards are highly concentrated on specific travel purchases
What this card offers
Sign-up bonuses
- Limited-time online offer: 45,000 bonus points, redeemable for $450 in onboard credit or cruise discounts
- 45,000 bonus points, redeemable for $450 in onboard credit or cruise discounts, after spending $2,000 on purchases within the first 90 days of account opening
Rewards
- 3 points per dollar spent on eligible Royal Caribbean®, Celebrity Cruises® and Silversea® purchases
- 2 points per dollar spent on eligible grocery, gas and EV charging station purchases
- 1 point per dollar spent on all other purchases
Other features
- Anniversary Reward $100 cruise discount after spending $10,000 on purchases every year
- Your card also unlocks special cruise perks like priority boarding and access to exclusive cardholder events.
- Enjoy Royal ONE RewardsSM
- Redeem your points for cruise discounts or onboard credit to use toward cruise favorites like specialty dining, beverage packages, Wi-Fi, shore excursions and more.
- Stay Protected We block potential fraud if abnormal patterns are detected and let you know if we suspect fraudulent activity. Plus, you always get a $0 Liability Guarantee for fraudulent transactions.
- Balance Connect® for overdraft protection An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America® checking account to your credit card. No transfer fees. Other fees may apply.
- Paperless Statement Option Opt for paperless credit card statements and increase account security while reducing paper consumption.
- Digital Wallet Technology Discover more ways to pay by adding your Bank of America® credit card to your mobile device then shop in-store or in-app using Apple Pay®, Google Pay™ or Samsung Pay.
- Online & Mobile Banking Access to our award-winning Online and Mobile Banking. Bank on the go from almost anywhere quickly and securely. Pay your credit card bill online, transfer funds, check available credit and more.
- Account Alerts Stay on top of your balances and due dates. Choose from several types of customer email or text alerts and let your phone tell you when payments are due and paid.
Additional Notes
This offer may not be available elsewhere if you leave this page. Note: minimum payments are applied to lower-interest balances first. Additional payments are applied to higher-interest balances first. This card is unavailable.