Bank Of America Travel Rewards Card Annual Fee
If you are a frequent traveler, then you know how much it can cost to book flights, hotels, and rental cars. The good news is that credit card companies offer travel rewards credit cards to travelers, but the catch is that most of them come with annual fees. In this article, we will be discussing Bank of America Travel Rewards Card Annual Fee, and what you need to know about it as a traveler.
What is Bank of America Travel Rewards Card?
Bank of America Travel Rewards Card is a credit card that offers travelers rewards points for every dollar spent on purchases. These rewards points can be redeemed for travel-related expenses, such as flights, hotels, rental cars, and baggage fees. This credit card does not have any foreign transaction fees, and it offers zero liability protection against fraud.
What are the Benefits of Bank of America Travel Rewards Card?
The benefits of Bank of America Travel Rewards Card are numerous. Here are some of them:
- Earn unlimited 1.5 points for every dollar spent on purchases
- No expiration date for rewards points
- No blackout dates for redeeming rewards points
- No annual fee
- No foreign transaction fees
- Zero liability protection against fraud
What is Bank of America Travel Rewards Card Annual Fee?
Bank of America Travel Rewards Card does not have an annual fee. This is a great benefit for travelers who do not want to pay an annual fee for a credit card. However, Bank of America may change the terms of the card at any time, which means that they may add an annual fee in the future. If that happens, Bank of America will give cardholders at least 45 days' notice before implementing the fee.
How to Avoid Annual Fees for Credit Cards?
If you are a traveler who wants to avoid annual fees for credit cards, here are some ways to do that:
- Choose a credit card that does not have an annual fee, like Bank of America Travel Rewards Card
- Look for credit cards that waive the annual fee for the first year
- Call your credit card company and ask them to waive the annual fee or lower it
- Cancel your credit card before the annual fee is due
- Use credit cards that offer rewards that outweigh the annual fee
Conclusion
Bank of America Travel Rewards Card is a great credit card for travelers who want to earn rewards points for travel-related expenses. The fact that it does not have an annual fee is a big benefit that sets it apart from other travel rewards credit cards. However, it is important to note that Bank of America may change the terms of the card at any time, which means that they may add an annual fee in the future. Overall, Bank of America Travel Rewards Card is a great credit card for travelers who want to earn rewards without paying an annual fee.