Bank Of America Travel Rewards Vs Chase Sapphire
Are you a frequent traveler? Do you love earning rewards while spending on your credit card? If yes, then you must have come across the Bank of America Travel Rewards and the Chase Sapphire. These two credit cards are popular among frequent travelers as they offer impressive rewards and benefits.
In this article, we will compare the Bank of America Travel Rewards and the Chase Sapphire credit cards. We will evaluate their rewards, benefits, fees, and other features to help you make an informed choice about which card to choose.
Bank of America Travel Rewards
The Bank of America Travel Rewards credit card is an excellent option for individuals who love to travel. The card offers 1.5 points for every dollar spent on purchases, and there are no limits on the number of points you can earn. Additionally, the card offers 25,000 bonus points if you spend $1,000 in the first 90 days of opening the account.
Furthermore, the Bank of America Travel Rewards credit card has no annual fee, and there are no foreign transaction fees, making it an excellent choice for frequent international travelers. Plus, cardholders can redeem their points for travel purchases through the Bank of America Travel Center or as a statement credit for recent travel purchases.
Chase Sapphire
The Chase Sapphire credit card is another favorite among frequent travelers. The card offers two points for every dollar spent on travel and dining and one point per dollar spent on other purchases. Furthermore, if you spend $4,000 in the first three months of opening an account, you can earn 80,000 bonus points, which is equivalent to $1,000 in travel rewards.
The Chase Sapphire credit card has a $95 annual fee, but it's waived for the first year. Although there are no foreign transaction fees, the card is not a good option for individuals who frequently travel overseas as it doesn't have a chip-and-PIN capability, which is necessary for many international transactions.
Comparison of Rewards and Benefits
When it comes to rewards and benefits, both the Bank of America Travel Rewards and the Chase Sapphire credit cards have their pros and cons.
The Bank of America Travel Rewards credit card is ideal for individuals who want a no-frills card with no annual fee and no foreign transaction fees. Additionally, the card has a simple and easy-to-understand rewards system, making it easy for cardholders to redeem their points for travel-related purchases.
On the other hand, the Chase Sapphire credit card offers excellent rewards for frequent travelers, especially for those who spend a lot on dining and travel. The card's bonus points and redemption options make it an attractive choice for individuals looking for a more luxurious travel experience.
Comparison of Fees and Other Features
When it comes to fees, both credit cards have their respective advantages and disadvantages.
The Bank of America Travel Rewards credit card has no annual fee, no foreign transaction fees, and a 0% introductory APR period of 12 billing cycles for purchases (after that, it's 14.99% to 22.99%). On the other hand, the Chase Sapphire credit card has an annual fee of $95 (waived for the first year) and no foreign transaction fees. Additionally, the card has a 0% introductory APR period of 12 billing cycles for purchases and balance transfers (after that, it's 15.99% to 22.99%).
Furthermore, the Bank of America Travel Rewards credit card has a lower APR range than the Chase Sapphire, making it a better option for individuals who tend to carry a balance on their credit card.
Conclusion
So which credit card is the best for frequent travelers? The answer depends on your spending habits, travel goals, and preferences.
If you're looking for a straightforward rewards system with no annual fee and no foreign transaction fees, the Bank of America Travel Rewards credit card is an excellent option. However, if you're a frequent traveler who spends a lot on dining and travel, the Chase Sapphire credit card may be a better choice.
Ultimately, choose a credit card that best suits your needs, whether it's earning travel rewards or avoiding foreign transaction fees. Both the Bank of America Travel Rewards and the Chase Sapphire credit cards have their respective advantages and disadvantages, so choose wisely.
