Bank of America
Bank of America® Travel Rewards Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | 25,000 bonus points |
| Rewards Rate | 1.5x points on all purchases |
| Intro APR | 0% for 15 billing cycles Applies to purchases, and to any balance transfers made within 60 days of opening your account |
| Regular APR | Standard APR 17.74% - 27.74% variable After the intro APR offer ends, a Variable APR that's currently 17.74% to 27.74% will apply. |
| Other Fees | 3% 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 5%. |
About this card
The Bank of America® Travel Rewards Credit Card earns a strong overall rating of 3.9, positioning it as an excellent choice, particularly for existing Bank of America customers and those new to travel rewards. Its standout features include a perfect 4.5 rating for fees, thanks to no annual fee and no foreign transaction fees, which immediately makes it highly competitive for international travelers and budget-conscious consumers. The rewards program is also a significant strength, earning a 4.1, offering a straightforward 1.5 points per dollar on all purchases, a generous sign-up bonus, and highly flexible redemption options for travel and dining. Critically, its value is dramatically amplified for Bank of America Preferred Rewards members, who can achieve an exceptional earning rate of up to 2.625 points per dollar. The card also offers a very attractive 0% introductory APR for 15 billing cycles on purchases and balance transfers. The primary drawback is its regular variable APR, which ranges from 17.74% to a high 27.74%. While the introductory offer provides significant value, the high potential long-term APR is a notable concern for cardholders who tend to carry a balance. The card enjoys a strong reputation as a beginner-friendly travel card due to its simplicity and fee structure, making it an excellent fit for its target audience. Despite the higher potential regular APR, the card's fee structure, strong rewards potential (especially for BofA clients), introductory APR offer, and simplicity make it a very appealing option for its target audience seeking straightforward travel rewards without an annual fee. Overall, the card represents a very good value proposition.Strengths: No Annual Fee & No Foreign Transaction Fees: Offers exceptional value for a travel card by eliminating these common costs (Fees Rating: 4.5). Strong Rewards Potential: Simple 1.5x points on all purchases, generous $250 sign-up bonus, and highly flexible travel/dining redemption. Value significantly boosted for Bank of America Preferred Rewards members (Rewards Rating: 4.1). Excellent Introductory APR: Provides 0% APR for 15 billing cycles on purchases and balance transfers, offering significant financial flexibility upfront (a key strength within the 2.8 APR Rating). Beginner-Friendly & Simple: Highly regarded for its straightforward earning and redemption, appealing to those new to travel rewards. Strong Issuer Reputation: Backed by Bank of America, ensuring reliability and a robust banking experience. Weaknesses: High Regular APR: The variable APR of 17.74% - 27.74% can be expensive if a balance is carried after the introductory period (the primary reason for the 2.8 APR Rating). Average Base Rewards Rate (for non-Preferred Rewards): While decent, the 1.5x points can be outmatched by some other flat-rate cards for those not in the Preferred Rewards program. Lacks Premium Travel Perks: Does not offer benefits like lounge access, trip delay insurance, or transfer partners found in more premium travel cards.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- High rewards rate
- No foreign transaction fees
- Flexible travel redemption
Things to consider
- High regular APR
- High balance transfer fee
What this card offers
Sign-up bonuses
- 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
Rewards
- Earn unlimited 1.5 points for every $1 you spend on everyday purchases.
Other features
- No foreign transaction fees
- No blackout dates or restrictions and points do not expire as long as your account remains open.
- Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
- Flexibility to redeem points for a statement credit to pay for travel and dining purchases, such as flights, hotel stays, vacation rentals, baggage fees, and also at restaurants – including takeout.
- 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.
- 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.
- Opt for paperless credit card statements and increase account security while reducing paper consumption.
- 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.
- 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.
- 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. You can take advantage of this offer when you apply now. You can also call 800.932.2775 Priority code: QAF2RM