Bank of America Travel Rewards

Earning Rates

Key Benefits

• 1.5x everywhere
• No annual fee
• No foreign tx fees
• Preferred Rewards boost

All Benefits

• Welcome offer: 25,000 online bonus points after spending $1,000 on purchases within the first 90 days from account opening — equal to a $250 statement credit toward travel or dining purchases.
• Earn unlimited 1.5 points per $1 spent on all purchases, everywhere, every time — no rotating categories, no caps, no enrollments to track.
• Points are worth a fixed 1 cent each when redeemed as a statement credit against eligible travel and dining purchases (flights, hotels, vacation rentals, car rentals, baggage fees, restaurants, takeout, food delivery).
• $0 annual fee for the life of the account — one of the simpler no-AF travel cards in market.
• No foreign transaction fees on any purchases made outside the United States, making this a viable companion card for international trips.
• 0% Intro APR for 15 billing cycles on purchases from account opening; after the intro period a variable APR applies (recent disclosure range: ~18.24%–28.24% variable, see issuer rates & fees disclosure at application).
• Preferred Rewards bonus (Gold tier, $20K+ in BoA deposit / Merrill investment assets): earn an extra 25% on every purchase — effective 1.875 points per $1.
• Preferred Rewards bonus (Platinum tier, $50K+ combined balances): earn an extra 50% on every purchase — effective 2.25 points per $1.
• Preferred Rewards bonus (Platinum Honors tier, $100K+ combined balances): earn an extra 75% on every purchase — effective 2.625 points per $1, which is competitive with $95-AF travel cards for everyday spend.
• Points never expire as long as the account remains open — no use-it-or-lose-it pressure.
• No minimum redemption amount — you can apply points against any qualifying travel or dining purchase as soon as the transaction posts.
• Redemption window: statement-credit redemptions must be applied to eligible travel/dining purchases that posted within the last 12 months.
• $0 fraud liability for unauthorized charges, with real-time account alerts and instant card lock via the BoA mobile app.
• Chip-enabled contactless card with mobile-wallet support (Apple Pay, Google Pay, Samsung Pay) for tap-to-pay at terminals worldwide.
• Visa Signature card with access to Visa Signature Concierge service 24/7 by phone for travel, dining, and entertainment requests.
• Travel and Emergency Assistance Services via Visa Signature: 24/7 hotline that helps coordinate medical, legal, and travel referrals while traveling (cardholder pays third-party service costs).
• Roadside Dispatch via Visa Signature: pay-per-use roadside assistance dispatch hotline (per-incident service fee applies).
• FICO Score for free — BoA cardholders can view their FICO Score within Online Banking and the mobile app, updated monthly, at no cost.
• Add authorized users at no additional cost; their purchases earn points into the primary cardholder's account at the same earning rates.
• Digital wallet provisioning supported during the application process so an approved card can often be used within minutes of approval, before the physical card arrives.
• Balance-transfer option available at application (intro 0% APR window applies to transfers made within the first 60 days; balance-transfer fee applies per terms — typically 3% with a $10 minimum, see disclosure).
• BoA card application 2/3/4 rule applies: BoA limits new cards to 2 per 2 months, 3 per 12 months, 4 per 24 months per applicant — plan applications accordingly if pairing with other BoA products.
• Pairs efficiently with the no-AF BoA Customized Cash Rewards and a Merrill Edge Self-Directed brokerage account (free to open) — moving $100K of investable assets to Merrill can unlock the Platinum Honors 75% bonus without paying a card annual fee.
• Not Offered: Airport lounge access — no Priority Pass, no BoA-operated lounges (this is a $0-AF card; lounge benefits are reserved for the $95-AF BoA Premium Rewards and $550-AF Premium Rewards Elite).
• Not Offered: Global Entry / TSA PreCheck application fee statement credit (Premium Rewards and Premium Rewards Elite benefit only).
• Not Offered: Travel insurance package — no trip cancellation, trip interruption, trip delay, baggage delay, or lost-luggage reimbursement on this card (Premium Rewards Elite carries those benefits).
• Not Offered: Travel accident insurance (common-carrier coverage) — not included on Travel Rewards; Visa Signature dropped this benefit for U.S. consumer cards.
• Not Offered: Auto rental Collision Damage Waiver — Visa discontinued auto rental CDW for U.S. consumer Visa cards in 2024, so Travel Rewards no longer carries this benefit.
• Not Offered: Transfer partners — Travel Rewards points cannot be transferred to airline or hotel loyalty programs; redemptions are statement credit only at a fixed 1¢ value.
• Not Offered: Annual travel credit or anniversary point bonus (Premium Rewards Elite has a $300 annual airline incidental credit and other recurring credits).
• Not Offered: Cell phone protection — no carrier-bill insurance benefit on this card.
• Not Offered: Purchase protection and extended warranty — Visa discontinued these benefits for U.S. consumer cards in April 2024, so Travel Rewards cardholders do not have them today.
• Not Offered: Hotel elite-status credits, airline fee credits, or dining-platform credits — none of the Premium Rewards Elite recurring credits apply to this no-AF tier.