The Bank of America Travel Rewards credit card is a flexible and rewarding option for frequent travellers. Cardholders can use any airline and earn points on all spending, with no annual fee. Points can be redeemed for credit on flights, hotels, car rentals, cruises, restaurants and more. The card is especially beneficial for Bank of America banking customers, who can earn bonus points and enjoy extra perks.
Characteristics | Values |
---|---|
Airlines | Any airline |
Points redemption | 2,500 points |
Points redemption value | 1 cent per point |
Points expiration | Points don't expire as long as the account is open |
Points redemption time limit | 12 months |
Rewards rate | 1.5 points per dollar spent |
Foreign transaction fees | None |
What You'll Learn
- Any airline can be used with the Bank of America Travel Rewards card
- Points can be used to pay for upcoming flights
- Points can be used to cover the cost of any flight charged to the card in the past 12 months
- Points are worth more when redeemed for travel and dining purchases
- Points can be redeemed for statement credits to cover travel purchases
Any airline can be used with the Bank of America Travel Rewards card
The Bank of America Travel Rewards card is a great option for those who want to accrue points to put towards their travel expenses. The card allows you to use any airline and gives you the freedom to book your trip how and where you want, without being restricted by specific websites with blackout dates or other restrictions.
The card is especially rewarding for Bank of America banking customers. Cardholders earn an unlimited 1.5 points per dollar spent on all purchases. Rewards don't expire as long as the account is open, but the travel and dining purchases you can redeem them for have a time limit. You can redeem points for a statement credit toward travel or dining purchases made within 12 months prior to the date of redemption.
Bank of America has one of the broadest definitions of "travel" of any major issuers. You can use points to get credit for airfare, hotel stays, cruises, car rentals, campgrounds, art galleries, amusement parks, carnivals, circuses, aquariums and zoos. Points are also good for credit on restaurant purchases.
If you are a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
The Bank of America Travel Rewards card is a great option for those who want flexible rewards without the annual fee of a credit card.
Unveiling the Global Entry Card's Traveler Number Location
You may want to see also
Points can be used to pay for upcoming flights
Points from the Bank of America Travel Rewards credit card can be used to pay for upcoming flights. The card allows you to use points to pay for flights through the Bank of America Travel Center or to cover the cost of any flight charged to the card. You can start redeeming rewards for travel once you've earned 2,500 points.
The Bank of America Travel Rewards credit card gives at least 1.5 points per $1 spent, with no annual fee and no foreign transaction fees. Points don't expire as long as your account remains open.
You can redeem your points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, and baggage fees. You can also use your points for restaurant purchases, including takeout.
The Bank of America Travel Center is the bank's travel booking platform, designed for travel rewards cardholders to easily redeem their points for flights, hotels, and car rentals. Eligible cardholders can access the Travel Center directly from their online account to book their next vacation.
When you search for your preferred flight in the Bank of America Travel Center, you can easily filter between your preferred airlines. Each search result has a score out of 10 to help you determine if it's a good deal and flight path.
In addition to airlines, hotels, and car rentals, you can also use your points for other travel-related purchases such as eligible cruise lines, parking garages, travel agencies, tourist attractions, art galleries, and amusement parks.
Is December the Perfect Time to Visit London? Here's Why You Should Consider It
You may want to see also
Points can be used to cover the cost of any flight charged to the card in the past 12 months
The Bank of America Travel Rewards credit card is a flexible and convenient option for cardholders. The card allows you to use your points to pay for any upcoming flights or to cover the cost of any flight charged to the card in the past 12 months. This means you can book your travel independently and still benefit from the rewards.
To redeem your points, you must have earned a minimum of 2,500 points. You can then log in to your account online or on the BofA mobile app, or call (888) 268-7800 to redeem. Your points can be used for a statement credit to cover travel purchases made in the past 12 months.
The card's points can also be redeemed for non-travel expenses, such as cash back via a paper check or a Bank of America deposit-account credit, or for gift cards. However, it is worth noting that the value of your points may be lower for these non-travel options.
The Bank of America Travel Rewards credit card is a great choice for those seeking simple rewards without an annual fee. The card offers 1.5 points per dollar spent, and these points can be redeemed for credit against any travel or restaurant purchase. There are no foreign transaction fees, and your points do not expire as long as your account remains open.
The card is also beneficial for Bank of America Preferred Rewards® members, who can earn 25%-75% more points on every purchase. This means that instead of earning 1.5 points for every $1 spent, members can earn up to 2.62 points for every $1 spent.
The Mystery of Travel Size Cologne: Unveiling Its True Proportions
You may want to see also
Points are worth more when redeemed for travel and dining purchases
Points accrued from Bank of America Travel Rewards credit cards are worth more when redeemed for travel and dining purchases. This is because travel purchases are broadly defined by Bank of America to include flights, hotels, car rentals, cruises, tourist attractions, art galleries, circuses, and more.
The best redemption value for credit card travel points is typically around 1 cent per point. However, the value of points can vary depending on how they are redeemed. For example, redeeming points for a travel statement credit may offer a lower redemption value compared to redeeming them through a rewards program travel portal.
Additionally, transferring points to an outside loyalty program, such as an airline or hotel partner, can often result in higher-value redemptions. This is because these programs may offer better redemption rates or allow you to take advantage of special deals or promotions.
It's important to note that the value of points can also depend on the specific rewards program and the type of points being redeemed. For instance, fixed-value points have an explicit, published dollar value, while variable rewards, like airline and hotel programs, do not have a strict dollar value attached to points.
When deciding how to redeem your points, it's recommended to consider your goals and motivations for collecting travel rewards. If your goal is to save money on travel, using your points for travel purchases or transferring them to an outside loyalty program for a better redemption rate can be a good strategy. On the other hand, if you're aiming for a specific travel experience that you wouldn't typically pay cash for, you may want to save your points for that purpose.
In summary, maximizing the value of your Bank of America Travel Rewards points involves understanding the nuances of the rewards program, planning your redemptions in advance, and being flexible with your travel choices to take advantage of peak and off-peak pricing.
The Debate: Should Guys Always Pay for Travel?
You may want to see also
Points can be redeemed for statement credits to cover travel purchases
Points earned with the Bank of America Travel Rewards credit card can be redeemed for statement credits to cover travel purchases. This can be done by signing in to your account online or on the BofA mobile app, or by calling (888) 268-7800. Points can be redeemed to cover travel purchases made in the past 12 months.
The Bank of America Travel Rewards credit card offers a lot of flexibility when it comes to redeeming points for travel purchases. The card has a broader definition of travel expenses than most other travel cards. Bank of America defines travel purchases as including flights, hotels, car rentals, cruises, tourist attractions, art galleries, circuses, and more. This means that you can use your points to cover a wide range of expenses when you travel.
For example, if you're planning a family road trip, you can rent an RV or camper and use your points to cover the cost. Or, if you're visiting a theme park like Disneyland or Six Flags, your admission tickets could be considered a travel purchase that can be covered with points. Even fortunetellers, dolphinariums, and art galleries are considered travel purchases by Bank of America, so you can use your points for unconventional vacation experiences.
Additionally, the Bank of America Travel Rewards credit card allows you to earn bonus points when you book travel through the Bank of America Travel Center. This includes flights, hotel nights, rental cars, and more. So, not only does the card offer flexibility in redeeming points, but it also provides opportunities to earn extra points on your travel bookings.
Overall, the ability to redeem points for statement credits towards travel purchases gives you a lot of freedom in how you use your rewards. You can book travel however you want, fly with any airline, stay at any hotel, and still take advantage of the benefits offered by the Bank of America Travel Rewards credit card.
Understanding the Visa Requirements for Travel to Brazil
You may want to see also
Frequently asked questions
The Bank of America Travel Rewards program is a flexible and lucrative way to earn points on travel purchases, with no annual fee. Points can be redeemed for eligible travel purchases, cashback, and gift cards.
The Bank of America Travel Rewards program has two main credit cards: the Bank of America Travel Rewards Credit Card and the Bank of America Premium Rewards Credit Card. The former offers 1.5 points per dollar on all purchases, while the latter offers 2 points per dollar on travel and dining, and 1.5 points per dollar on all other purchases.
Points can be redeemed for a statement credit to cover travel purchases made in the past 12 months. They can also be used for gift cards or cashback via paper check or a Bank of America deposit-account credit.