Bank of America Travel Rewards – How to apply

By Raquel Oliveira • 04/03/2025

Bank of America Travel Rewards: Lets you earn travel points on all purchases, with no annual fees.

The Bank of America Travel Rewards credit card is an excellent choice for anyone looking for a simple, flexible way to earn travel points. You’ll earn 1.5 points per dollar on every purchase—no categories, no restrictions.

Unlike many reward cards that require tracking rotating categories, this one offers a stress-free experience. It’s ideal for those who want to earn rewards without overthinking where or how they spend. And with no annual fee, every point you earn truly adds value.

One of its standout benefits is the lack of foreign transaction fees, making it a smart option for frequent travelers who want to avoid extra charges while spending internationally.

In this guide, we’ll walk you through how the card works, its key benefits and potential drawbacks, what fees to expect, and how to apply—helping you decide if it aligns with your travel goals and financial habits.

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

The Bank of America Travel Rewards credit card is designed for individuals who want a simple and flexible way to earn points on everyday purchases. With a flat 1.5 points per dollar spent, it provides a hassle-free rewards system.

Unlike many travel credit cards, this one does not require tracking spending categories. Whether buying groceries, booking flights, or dining out, every transaction earns the same rate of rewards.

Points earned with this card do not expire as long as the account remains open, allowing users to redeem rewards at their own pace. This flexibility makes it easier to accumulate points over time without pressure.

Points can be redeemed for statement credits on travel expenses, including flights, hotels, vacation rentals, and dining purchases. There are no blackout dates, ensuring maximum usability of rewards.

Main Benefits of the Bank of America Travel Rewards Credit Card

• Earn 1.5 points per dollar spent on all purchases, with no restrictions or spending categories.
• No foreign transaction fees, making it an excellent choice for international travelers.
• 0% introductory APR for the first 15 months on purchases and balance transfers.
• Preferred Rewards members can earn up to 75% more points, increasing their total rewards.

Cons of the Bank of America Travel Rewards Credit Card

• The APR after the introductory period ranges from 18.24% to 28.24%, which can be costly for those who carry a balance.
• Balance transfers come with a 3% fee for the first 60 days, increasing to 4% afterward.
• Does not offer direct booking for travel; users must pay upfront and redeem later.
• Points can only be redeemed for travel and dining statement credits, limiting flexibility.

APR and Fees of the Bank of America Travel Rewards Credit Card

Understanding the fee structure is important to managing expenses and maximizing benefits while avoiding unnecessary costs.

• A 0% introductory APR is available for the first 15 months on purchases and balance transfers.
• After the intro period, the APR varies from 18.24% to 28.24%, depending on creditworthiness.
• Balance transfers incur a 3% fee for the first 60 days and 4% thereafter, increasing costs for debt consolidation.
• There are no foreign transaction fees, making it ideal for international spending.

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

Applying for this credit card is simple and can be completed online, with most applications receiving a quick approval decision.

• Visit the official Bank of America website and navigate to the travel rewards section.
• Fill out the application form with personal and financial details, including income and Social Security number.
• Existing Bank of America customers can log in to speed up the process and check pre-approval offers.
• Once approved, the card will be delivered within 7 to 10 business days and can be activated immediately.

Who Should Apply for the Bank of America Travel Rewards Credit Card?

This credit card is ideal for individuals looking for an easy-to-use rewards system with no spending restrictions. The flat-rate rewards make it a great option for those who want consistency in earnings.

It is especially beneficial for frequent travelers since there are no foreign transaction fees, helping users save money on international purchases. The ability to redeem points for travel and dining adds to its appeal.

For those seeking a long introductory APR period, this card offers 15 months of interest-free financing, making it useful for large purchases or balance transfers.

However, individuals who prefer more versatile and customizable redemption options—such as transferring points to travel partners, booking flights or hotels through dedicated portals, or redeeming for merchandise, gift cards, or cash back.

Conclusion

The Bank of America Unlimited Cash Rewards credit card is an excellent choice for individuals looking for a simple and effective cashback system. With unlimited 1.5% cashback on all purchases and no annual fee, it offers a hassle-free way to earn rewards.

Although redemption is limited to travel and dining statement credits, the lack of foreign transaction fees and the 0% introductory APR make it a valuable financial tool.

The welcome bonus of $200 after spending $1,000 in the first 90 days makes it even more appealing for new cardholders. Additionally, its integration with the Preferred Rewards program offers the potential for even greater rewards for qualifying customers.

While it lacks travel benefits and high-category bonus rewards, this card is perfect for those who prefer a straightforward, no-fuss cashback experience. If you want to earn consistent rewards without worrying about limits or restrictions, this card is a great option.