Bank of America Travel Rewards Card: fees, benefits and how to apply
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If you’re searching for a travel credit card that enhances both your trips and everyday purchases, the Bank of America Travel Rewards Card is an excellent option.
It offers a practical points program, cash-back-like flexibility, and zero annual fees, making it ideal for frequent users.
In addition, it is issued by one of the most reputable financial institutions in the United States.
Read on to discover how this card works and how to request yours!
What are the card fees?
The Bank of America Travel Rewards Card does not charge an annual fee. However, it’s important to consider other costs that may apply:
- Interest Rate: The regular APR ranges from 19.24% to 29.24%, depending on your credit profile.
- Balance Transfer Fee: A 3% charge applies to transferred balances.
- Late Payment Fee: A $35 fee is applied to overdue payments.
- Returned Payment Fee: A $35 fee is charged for insufficient payment.
Before applying, make sure to review the full fee schedule to avoid unexpected charges.
Learn about the Card’s benefits
Discover the key features of the Bank of America Travel Rewards Card, which provides valuable advantages for cardholders.
Unlimited points
This card allows you to earn 1.5 points per dollar on every eligible purchase, regardless of category.
It’s an appealing option for users who want to accumulate points quickly and use them for future trips or rewards.
You can redeem points in several ways, turning your expenses into meaningful returns, whether for travel or everyday spending.
Various rewards
Your accumulated points can be redeemed for flights, hotels, car rentals, travel experiences, and more.
They may also be used at participating merchants to purchase products and services.
Since this is a rewards-based card, frequent use can lead to excellent benefits, especially if you enjoy traveling or shopping with partners.
Digital wallet compatibility
The Travel Rewards Card integrates seamlessly with Apple Pay and Google Pay, enabling convenient contactless payments through your phone or smartwatch.
Simply add the card to your digital wallet and start using it securely with just a tap.
Total security
This card includes enhanced protection features such as:
- Fraud monitoring
- Travel coverage
- Purchase protection
These tools offer greater confidence when traveling or making daily purchases.
Online bonus
A welcome bonus of 25,000 points is available once you spend at least $1,000 within the first 90 days of account opening.
With no annual fee and flexible redemption options, this card is an appealing way to begin earning travel perks immediately.
If your goal is to save on travel while earning rewards, this card is definitely worth considering.
How to apply for the Bank of America Travel Rewards
Applying is quick and easy. Just follow these online steps:
- Visit the Bank of America Travel Rewards Credit Card webpage.
- Review the full card details to ensure you understand the terms.
- Click “Apply Now”.
- You’ll be redirected to a secure application page.
- If you already have a Bank of America account, sign in to streamline the process.
- If not, complete the form with your personal and contact information.
- Provide employment and income details.
- Upload any documentation requested.
- Review everything carefully and agree to the terms.
- Submit the application.
After completing the process, wait a few business days for the approval review.
Approval is based on the bank’s income and credit analysis.
Once approved, your card will be issued so you can start taking advantage of its benefits.
Done!
Now you’re ready to enjoy everything the card has to offer. And remember, you can browse additional credit card alternatives on our website as well.
FAQ – Bank of America Travel Rewards Card
1. Does the Bank of America Travel Rewards Card have an annual fee?
No. The card has no annual fee, making it a cost-effective option for those who want to earn travel rewards without fixed costs.
2. How do travel rewards work?
The card offers unlimited points on all purchases, which can be redeemed as statement credits for travel expenses such as flights, hotels, and car rentals.
3. Are there foreign transaction fees?
No. The Bank of America Travel Rewards Card does not charge foreign transaction fees, making it ideal for international travel.
4. Is there a welcome bonus for new cardholders?
Yes. New cardholders may earn a bonus after meeting the minimum spending requirement within the first few months, based on the current offer.
5. Who is this card best suited for?
It is ideal for occasional and frequent travelers looking for simplicity, no annual fee, no foreign transaction fees, and easy reward redemption.