Bank of America Travel Rewards – How to apply

By Marcos • 12/08/2024

The Bank of America Travel Rewards Credit Card lets you earn travel points on all purchases, with no annual fees.

Designed for travelers who want simplicity and value, this card makes earning rewards effortless.

Unlike other travel cards that require you to spend in specific categories, this card rewards you with unlimited 1.5 points per dollar on all purchases. Whether you’re grabbing coffee, booking a flight, or shopping online, you’ll always be earning.

If you’re looking for a card that combines flexibility, affordability, and ease of use, the Bank of America Travel Rewards Credit Card is a smart choice.

How Does the Bank of America Travel Rewards Credit Card Work?

The Bank of America Travel Rewards Credit Card is built around its straightforward rewards system.

Cardholders earn 1.5 points for every dollar spent, with no categories or limits to worry about. This makes it a great choice for anyone who wants consistent rewards without extra effort.

Redeeming points is just as simple. You can use them for flights, hotels, vacation packages, or even smaller expenses like baggage fees.

Points are applied as statement credits, giving you the freedom to book travel through any provider without restrictions or blackout dates.

The card also offers no annual fee and no foreign transaction fees, making it an affordable option for both domestic and international travelers.

Main Benefits for the Bank of America Travel Rewards Credit Card

The Bank of America Travel Rewards Credit Card shines in its simplicity and flexibility. Earning 1.5 points per dollar on every purchase means you’ll always be working toward your next trip, no matter where you spend.

The card’s lack of foreign transaction fees makes it a fantastic choice for international travelers, while the no-annual-fee policy ensures you’re not losing money just for having the card.

Finally, the flexibility in redeeming points—without restrictions or blackout dates—makes it one of the easiest travel rewards cards to use.

Cons for the Bank of America Travel Rewards Credit Card

While the Bank of America Travel Rewards Credit Card is great for straightforward rewards, it lacks some of the premium perks found in higher-end travel cards.

For instance, there are no bonus categories for higher earnings or benefits like airport lounge access.

Additionally, the card doesn’t include a sign-up bonus as competitive as some other travel cards, and the APR can be high if you carry a balance. It’s best suited for those who pay off their balance monthly.

APR and Fees

The card has no annual fee or foreign transaction fees, making it cost-effective for most users, especially those who travel internationally or make purchases from foreign merchants. The absence of foreign transaction fees is a significant benefit for frequent travelers, allowing you to use the card abroad without incurring additional charges. This makes it an attractive option for those who want to earn rewards or build credit without the extra costs often associated with travel-focused cards.

However, like any credit card, it’s essential to pay your balance in full each month to avoid interest charges. Carrying a balance can lead to high-interest costs, which can diminish the value of the rewards or benefits you’ve earned. The APR varies based on your creditworthiness, so it’s important to review the terms when applying to understand how interest will be applied if you carry a balance. A higher APR could significantly increase your expenses if you’re not able to pay off your balance in full. To maximize the card’s value, make sure to pay attention to your spending and payment habits, ensuring that you avoid any interest charges and continue to enjoy the card’s benefits cost-effectively.

How to Apply for the Bank of America Travel Rewards Credit Card

Applying for the Bank of America Travel Rewards Credit Card is quick and simple. Here’s how:

1. Start Online: Visit the Bank of America website or app and locate the Travel Rewards Credit Card page. Click on “Apply Now” to begin.
2. Fill Out the Form: Provide your personal information, including your name, address, Social Security number, and income details. This ensures that your application is processed accurately.
3. Submit Your Application: Once you’ve entered your details, double-check for accuracy and hit submit. Most decisions are instant, but in some cases, additional review might take a few days.
4. Receive Your Card: If approved, you’ll receive your card in the mail within 7–10 business days. Activate it online or via the mobile app, and start earning points right away!

This card’s easy application process and travel-friendly features make it a fantastic option for anyone looking to earn rewards without complications.