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Bank of America is among the most well-known banks in the world. It serves 69 million US consumer and small business clients and offers award-winning digital capabilities, with approximately 58 million digital users.
The Bank of America® Travel Rewards Credit Card provides 1.5 points for every $1 you spend on anything, and the points never expire as long as your account remains open. It has no annual or foreign transaction fee and a 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, an APR that's currently 18.74% - 28.74% variable will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
This card is best for those who want to earn travel rewards points every time they make a purchase without paying an annual or foreign transaction fee. People who travel and frequently take flights, stay in hotels, rent cars, and dine out will appreciate the card's benefits.
The Bank of America® Travel Rewards Credit Card features no annual fee and doesn’t charge a foreign transaction fee. There’s an intro APR of 0% for your initial 15 billing cycles (0% intro APR for balance transfers for 60 days from account opening). When the intro APR is over, the interest rate for purchases and balance transfers is 18.74% - 28.74% variable
| Annual fee | $0 |
| Interest rate | 18.74% - 28.74% variable |
| Late payment penalty fee | Up to $40 |
| Balance transfer fee | 3% for 60 days from account opening, then 4% |
The Bank of America® Travel Rewards Credit Card gets you 1.5 points for every $1 you spend. There are no limits to the points you can earn, and they’re earned on every purchase. Each point is the equivalent of $0.01.
There’s also a 25,000 points bonus if you spend $1,000 in the initial 90 days of opening your account.
Bank of America Preferred Rewards members can earn even more points (an additional 25% - 75%) based on their tier. This means instead of getting 1.5 points, members earn 1.87 - 2.62 points for every dollar spent.
To become a member, you must have a certain average daily balance within your deposit and/or investment accounts with the company. Here is a breakdown of the different tiers, along with how many more points they earn:
Applying for a Bank of America credit card online is quick and easy. It only takes a few minutes to fill out the form, and it asks for your:
Using the information you provide and a credit check, Bank of America will approve or deny your application. If your application is approved, you’ll receive your card within 10 business days.
Customer support is offered over the phone, via email, live chat, or social media platforms like Facebook and Twitter/X. Getting assistance is easy, and plenty of helpful FAQs and an extensive help center are available online.
While assistance for lost and stolen credit cards is available around the clock, generally, the customer service hours for Bank of America are as follows:
Bank of America has several security measures in place to keep customers safe. The website uses SSL encryption, and the company allows for the use of both two-factor and biometric authentication to protect accounts.
It has a detailed privacy policy, lets you control how your data is shared, and sets custom alerts that let you keep tabs on your account at all times.
The company also offers a $0 Liability Guarantee that ensures you aren’t charged for unauthorized and fraudulent transactions.
If your card is lost or stolen, report it to Bank of America online or call 800-732-9194. You won’t be responsible for fraudulent charges, and the company will immediately cancel your card and send a new one.
Once you’ve accumulated 2,500 points (which is equivalent to $25), you’ll have the option to redeem your points.
The Bank of America® Travel Rewards has no annual fee, lets you earn 1.5 points for each dollar you spend, and features a generous welcome bonus and 0% intro APR. It’s a great choice for travelers who want to save on everything from flights to hotels to rental cars.
This review used information from the Bank of America website.
This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
