Overview
For budget-conscious travelers, Bank of America® Travel Rewards credit card is the perfect no-fee travel card. Designed specifically for travelers, this rewards credit card comes with no annual fee, no foreign transaction fees, and no expiration on points. This allows you to accumulate reward points at your own pace without incurring additional costs.
Card Summary
- Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
- 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.
- Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
- Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
- 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, a Variable APR that's currently 18.24% - 28.24% 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%.
- If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
- Intro APR
- 0% on Purchases and qualifying Balance Transfers
- Intro APR Period
- 15 billing cycles
- Annual Fee
- $0
- Credit Needed
- Excellent / Good
Card Benefits
Sign-up bonus
Upon spending a minimum of $1,000 with the card within the initial 90 days of becoming a card member, you qualify for a bonus of 25,000 points. It typically takes about 8 to 12 weeks for these bonus points to be posted to your rewards balance. This bonus, equivalent to a $250 travel statement credit, provides significant value for a card with no annual fee. Essentially, it represents a valuable sign-up bonus, translating to a 25% reward on your first $1,000 in purchases during the initial 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.
Preferred Rewards® Program – earn up to 75% rewards bonuses
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).
Free Museum Admission
As a Bank of America credit card member, you will have a unique perk of free admission to over 200 museums on the first full weekend of every month. Bank of America has been running a program of Museums on Us for over two decades, which offers its customers free admission to more than 200 museums on the first weekend each month. You can present your Bank of America Travel Rewards Credit Card along with a photo ID to gain one free general admission to any of 200+ museum participants of the special Museums on Us program.
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.
Introductory 0% APR
This travel credit card also offers 0% introductory APR on purchases for a period of 15 billing cycles. After the intro period ends, the go-to rate of 18.24% - 28.24% variable applies. You can use the credit card for purchases and carry a balance for an extended period without incurring interest cost.
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.
Travel Rewards Credit Cards
Credit Card | Bonus and Rewards | Annual Fee | |
---|---|---|---|
Wells Fargo Autograph℠ Card | $0 rates & fees | ||
Citi Premier® Card | $95 | ||
Bank of America® Premium Rewards® credit card | $95 | ||
Chase Sapphire Preferred® Card | $95 |
No-Annual-Fee Credit Cards
Credit Card | Bonus and Rewards | Annual Fee | |
---|---|---|---|
Citi Rewards+® Card | $0 | ||
Wells Fargo Active Cash® Card | $0 rates & fees | ||
Citi Custom Cash® Card | $0 | ||
Bank of America® Customized Cash Rewards credit card | $0 | ||
Bank of America® Unlimited Cash Rewards credit card | $0 | ||
Chase Freedom Unlimited® | $0 | ||
Blue Cash Everyday® Card from American Express | $0 (fees) | ||
The American Express Blue Business Cash™ Card | $0 (fees) | ||
USAA Preferred Cash Rewards Credit Card | Unlimited 1.5% cash back on purchases, no category restrictions, no caps on cash back. | $0 (fees) |