Bank Of America Unlimited Cash Rewards Vs Travel Rewards
Are you looking for a credit card that rewards you for your spending? Bank of America offers two credit cards that can give you great rewards - the Bank of America Unlimited Cash Rewards and the Bank of America Travel Rewards credit cards. Both cards can earn you rewards for your purchases, but which one is better for you?
Bank of America Unlimited Cash Rewards Credit Card
The Bank of America Unlimited Cash Rewards credit card is a cash back credit card that can reward you for your everyday spending. You can earn unlimited 1.5% cash back on all your purchases, with no annual fee. Plus, you can earn a $200 cash rewards bonus after you spend $1,000 in the first 90 days of account opening.
One of the best things about this credit card is that there are no rotating categories or limits on the amount of cash back you can earn. You can redeem your cash rewards for statement credits, deposits made directly into a Bank of America checking or savings account, or even use them for travel purchases.
Another great feature of this credit card is the 0% introductory APR for purchases and balance transfers for the first 15 billing cycles. After that, the standard variable APR will apply. If you're looking to transfer a balance from another credit card, this card could be a great option for saving on interest charges.
Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards credit card is a travel credit card that can earn you points for your purchases. You can earn unlimited 1.5 points for every dollar spent on all purchases, with no annual fee. Plus, you can earn 25,000 bonus points after you make $1,000 in purchases in the first 90 days of account opening - that's a $250 value when you redeem for travel purchases.
One of the best things about this credit card is that there are no blackout dates or restrictions when redeeming your points for travel purchases. You can redeem your points for flights, hotels, vacation packages, cruises, rental cars, and more. Plus, if you're a Bank of America Preferred Rewards member, you can earn up to 75% more points on every purchase.
Another great feature of this credit card is the 0% introductory APR for purchases for the first 12 billing cycles. After that, the standard variable APR will apply. If you're planning to make a large purchase or several smaller purchases over time, this card could be a great option for saving on interest charges.
Which Card Is Better For You?
Both the Bank of America Unlimited Cash Rewards and Travel Rewards credit cards can offer great rewards for your spending. The best card for you will depend on your spending habits and your travel goals.
If you're looking for a cash back credit card with no annual fee and unlimited rewards, the Bank of America Unlimited Cash Rewards credit card could be a great option. This card can earn you 1.5% cash back on all your purchases, with no limits, and you can redeem your cash rewards for statement credits, deposits, or even travel purchases.
However, if you're a frequent traveler or planning a big trip, the Bank of America Travel Rewards credit card could be a better fit. This card can earn you points on all your purchases, with no limits, and you can redeem your points for a variety of travel purchases. Plus, if you're a Bank of America Preferred Rewards member, you can earn even more points on every purchase.
Ultimately, the decision comes down to what kind of rewards you want and how you plan to use them. Both cards can offer great rewards and benefits, so take some time to consider your options and choose the card that's right for you.
Conclusion
Whether you choose the Bank of America Unlimited Cash Rewards or Travel Rewards credit card, you can get rewarded for your spending. With no annual fees and great rewards, these cards can help you save money and earn points on your purchases. Just be sure to use your credit cards responsibly and pay your balances in full each month to avoid interest charges and maintain a good credit score.
