Bank of America® Travel Rewards Review – 25,000 Bonus Points

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Overview

If you are a cost-conscious traveler, Bank of America® Travel Rewards credit card is the ideal no-fee travel card for you. This is a rewards credit card tailored for users who travel from time to time. With no annual fee, no foreign transaction fees or expiration on points, you can conveniently rack up reward points at your own pace.

Card Benefits

Sign-up bonus

If you spend at least $1,000 with the card within your first 90 days of becoming a card member, you receive a bonus of 25,000 points. It usually takes about 8 to 12 weeks from qualifying for the 25,000 bonus points to post to your rewards balance. These bonus points can be worth a $250 travel statement credit. For a card with no annual fee, this is a very valuable sign up bonus that is equivalent to 25% rewards on your first $1,000 purchases in the first 90 days.

Earn rewards points

You earn unlimited 1.5 base rewards points for every dollar you spend with the credit card. You can also receive additional rewards bonus when you book travel through Bank of America’s Travel Center, which is powered by the popular Expedia travel booking platform.. You earn 3 points (consisting of 1.5 bonus points and 1.5 base points) for every $1 in net purchases, excluding insurance purchases, made through the Travel Center, with no limit on the number of bonus points you can earn.

If you are a Bank of America Preferred Rewards customer, you can get a 25%, 50% to 75% rewards bonus on the baseline rewards, depending on your eligible tier. There are 3 tiers in the Preferred Rewards program: Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America® banking and/or Merrill investment accounts. Your Preferred Rewards status can help you earn up to 2.625 points per dollar on your purchases. For example, if you earn $100 in base rewards, your Preferred Rewards bonus will add $25, $50 or $75 to your reward earnings, totaling $125, $150 or $175. The following chart shows the minimum balance qualification requirement and rewards for Gold, Platinum, Platinum Honors tiers of Preferred Rewards.

Preferred Rewards Tier Rewards Bonus Rewards Points for the Tier
Gold – $20,000 in combined balance of qualifying accounts 25% 1.875 points for every dollar spent on all purchases
Platinum – $50,000 in combined balance of qualifying accounts 50% 2.25 points for every dollar spent on all purchases
Platinum Honors – $100,000 in combined balance of qualifying accounts 75% 2.625 points for every dollar spent on all purchases

Note: When your balances increase to qualify you for the next rewards tier, you will be moved up automatically. And once you reach a rewards tier, you’ll keep your program benefits for a full 12 months.

How to redeem points

You can redeem points for a travel credit or cash reward starting at 2,500 points, or for gift cards starting at 3,125 points. Your rewards points can be redeemed for a travel credit that is applied as a statement credit to your account to offset travel purchases from qualifying merchants in the following travel-related categories: airlines, hotels, motels, timeshares, trailer parks, motor home and recreational vehicle rentals, campgrounds, car rental agencies, truck and trailer rental, cruise lines, travel agencies, tour operators and real estate agents, operators of passenger trains, buses, taxis, limousines, ferries, boat rentals, parking lots and garages, tolls and bridge fees, tourist attractions and exhibits like art galleries, amusement parks, carnivals, circuses, aquariums, zoos and the like. Qualifying travel purchases are eligible for a travel credit for 12 months from the posting date. Each point redeemed for a travel credit is worth $0.01 (2,500 points = $25).

Fees

There is no annual fee and no foreign transaction fees, making the Bank of America® Travel Rewards credit card especially ideal for those who travel outside of the U.S. You can also use the card as little or as much as you like, without worrying about earning enough to cover an annual fee.

Is this the right card for you?

If you value simplicity and like hassle-free travel credit cards, the Bank of America® Travel Rewards credit card is the right card for you. It is one of the best travel credit cards with no foreign transaction fees and no annual fee out there. It offers a solid 1.5% back on all purchases made, which allows you to earn travel rewards without the limitations of specific purchasing categories. Furthermore, if you already bank with Bank of America or plan to in the future, you can take advantage of the extra points bonus, which may increase your rewards to 2.625% on each purchase. If you shop frequently, you can rack up enough points to use as travel credit, resulting in a significantly-sized savings on your next travel.

Similar Credit Cards

If you are interested in the Bank of America® Travel Rewards credit card, you may also consider a few other credit cards with similar benefits.

Credit CardsPurchase APRTransfer InfoAnnual Fee Credit Level
Citi Rewards+℠ Card

0% intro APR
for 15 months

13.49% - 23.49% (Variable) APR after that

0% intro APR
for 15 months

13.49% - 23.49% (Variable) APR after that

$0

Excellent CreditLearn MoreView Card Details
  • The Citi Rewards+℠ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
  • Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening; redeemable for $150 in gift cards at thankyou.com
  • 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 13.49% - 23.49%, based on your creditworthiness. Balance transfer fee - either $5 or 3% of the amount of each transfer, whichever is greater.
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.
  • The standard variable APR for Citi Flex Plan is 13.49% - 23.49%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®

15.99% - 24.99% (Variable) APR

15.99% - 24.99% (Variable) APR

$99, waived for first 12 months

Excellent CreditLearn MoreView Card Details
  • Earn 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening
  • Earn 2 AAdvantage® miles for every $1 spent at gas stations and restaurants
  • Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases
  • Earn a $125 American Airlines Flight Discount after you spend $20,000 or more in purchases during your cardmembership year and renew your card
  • No Foreign Transaction Fees
  • First checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation
  • Enjoy preferred boarding on American Airlines flights
  • The standard variable APR for Citi Flex Plan is 15.99% - 24.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Capital One® Venture® Rewards Credit Card

17.24% - 24.49% (Variable) APR

17.24% - 24.49% (Variable) APR

No balance transfer fee

$95

Excellent, Good CreditLearn MoreView Card Details
  • Earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3000 on purchases in the first 3 months
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Redeem on travel-from vacation rentals to car rentals and more. Plus transfer your miles to over 10+ travel loyalty programs
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
Capital One® VentureOne® Rewards Credit Card

0% intro APR
for 12 months

15.49% - 25.49% (Variable) APR

15.49% - 25.49% (Variable) APR

No balance transfer fee

$0

Excellent, Good CreditLearn MoreView Card Details
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 10+ travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 15.49% - 25.49% variable APR after that
  • The Citi Rewards+℠ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
  • Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening; redeemable for $150 in gift cards at thankyou.com
  • 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 13.49% - 23.49%, based on your creditworthiness. Balance transfer fee - either $5 or 3% of the amount of each transfer, whichever is greater.
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.
  • The standard variable APR for Citi Flex Plan is 13.49% - 23.49%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
  • Earn 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening
  • Earn 2 AAdvantage® miles for every $1 spent at gas stations and restaurants
  • Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases
  • Earn a $125 American Airlines Flight Discount after you spend $20,000 or more in purchases during your cardmembership year and renew your card
  • No Foreign Transaction Fees
  • First checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation
  • Enjoy preferred boarding on American Airlines flights
  • The standard variable APR for Citi Flex Plan is 15.99% - 24.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
  • Earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3000 on purchases in the first 3 months
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Redeem on travel-from vacation rentals to car rentals and more. Plus transfer your miles to over 10+ travel loyalty programs
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 10+ travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 15.49% - 25.49% variable APR after that

Editorial Note: The editorial content on this page is prepared by CardBenefit.com staff. Opinions expressed herein are author's alone, not those of the bank, credit card issuer, airlines or hotel chains, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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