Bank Of America Travel Rewards Guide To Benefits
Bank of America is known for its diverse range of credit cards, each tailored to meet the unique needs of different cardholders. One such card is the Bank of America Travel Rewards credit card, an excellent choice for those who love to travel or intend to take a trip soon. If you're considering getting this card or already have one, then you'll want to know everything there is to know about its benefits. In this comprehensive guide, we'll take a closer look at the Bank of America Travel Rewards credit card's benefits, features, and how you can make the most of them.
What is the Bank of America Travel Rewards credit card?
Launched in 2014, the Bank of America Travel Rewards credit card is one of the most popular travel credit cards in the United States. This credit card allows you to earn rewards points whenever you make a purchase, which you can redeem for travel expenses such as hotel stays, flights, cruises, rental cars, or vacation packages. The card has no annual fees, no foreign transaction fees, and a relatively low interest rate, making it an affordable and practical credit card option for avid travelers.
What are the benefits of the Bank of America Travel Rewards credit card?
Here's a breakdown of some of the key benefits of using the Bank of America Travel Rewards credit card:
- 1. Earn rewards points: As mentioned earlier, you'll earn rewards points whenever you make a purchase using your Bank of America Travel Rewards credit card. You'll earn 1.5 points per dollar spent on all purchases, with no restrictions or categories. These rewards points never expire, and there is no limit to how many points you can earn.
- 2. Sign-up bonus: New cardholders will receive 25,000 bonus points after spending $1,000 in the first 90 days of account opening. This bonus is worth $250 and can be redeemed for travel purchases.
- 3. Redeem points for travel expenses: You can redeem your rewards points for travel purchases such as hotel stays, flights, cruises, rental cars, or vacation packages. Each reward point is worth one cent, meaning if you have 10,000 points, you can redeem them for $100 worth of travel expenses.
- 4. No blackout dates: Unlike other travel rewards credit cards, the Bank of America Travel Rewards credit card has no blackout dates or restrictions on when you can book your travel. You can redeem your rewards points anytime, anywhere for any eligible travel purchase.
- 5. No foreign transaction fees: If you're a frequent traveler or plan on traveling overseas, you'll appreciate that the Bank of America Travel Rewards credit card has no foreign transaction fees. You can use your credit card to make purchases abroad without worrying about incurring additional charges.
- 6. Chip technology: The card comes with chip technology, providing you with extra security when making purchases at chip-enabled terminals.
How to maximize your Bank of America Travel Rewards credit card benefits?
If you want to make the most out of your Bank of America Travel Rewards credit card, here are some tips to keep in mind:
- 1. Use the card for all your purchases: The more purchases you make, the more rewards points you'll earn. Use your Bank of America Travel Rewards credit card for all your everyday purchases, such as groceries, gas, and entertainment expenses.
- 2. Redeem points for travel purchases: To maximize your rewards points, always redeem them for travel expenses. Booking your trip directly through the Bank of America Travel Center or paying for travel expenses with your credit card will earn you additional bonus points.
- 3. Take advantage of sign-up bonus: When you first sign up for the Bank of America Travel Rewards credit card, take advantage of the sign-up bonus by putting all your purchases on the card for the first 90 days. You'll receive 25,000 bonus points, which is equivalent to $250 in travel rewards.
- 4. Check for special promotions: Bank of America regularly runs special promotions and bonuses for its credit cardholders. Keep an eye out for these promotions and take advantage of them when they arise.
- 5. Use the card when traveling abroad: Remember, the Bank of America Travel Rewards credit card has no foreign transaction fees, making it an excellent choice when traveling abroad.
Conclusion
Overall, the Bank of America Travel Rewards credit card is an excellent option for those who love to travel or plan on taking a trip soon. With its attractive rewards program, no annual fees, no foreign transaction fees, and low-interest rate, this credit card provides a practical and affordable way to fund your travels. If you're considering getting this card, make sure to take advantage of its benefits and rewards program by using it for all your purchases and redeeming points for travel expenses.