Bank Of America Travel Rewards Vs Discover It Miles
If you are a frequent traveler, having the right credit card can make all the difference. Two popular credit cards on the market are the Bank of America Travel Rewards and the Discover It Miles. Both offer attractive perks and benefits, so it's important to compare them to see which one is right for you. In this article, we will take a closer look at both cards and compare their features, rewards, and benefits to help you make an informed decision.
Bank of America Travel Rewards
The Bank of America Travel Rewards credit card is a popular choice for frequent travelers. One of the main advantages of this card is that it offers 1.5 points per dollar spent on all purchases. These points can be redeemed for statement credits on travel purchases, such as airlines, hotels, car rentals, and cruises. In addition, there is no annual fee for this card.
Another benefit of the Bank of America Travel Rewards card is that it offers a 0% introductory APR for the first 12 billing cycles. This can be a great way to save money on interest charges if you need to carry a balance for a short period of time. However, keep in mind that after the introductory period, the APR will revert to the standard rate.
The Bank of America Travel Rewards card also comes with some travel-related perks, such as travel accident insurance, lost luggage reimbursement, and emergency medical and dental coverage. This can be a valuable feature if you travel frequently.
Discover It Miles
The Discover It Miles credit card is another popular choice for frequent travelers. This card offers 1.5 miles per dollar spent on all purchases, and these miles can be redeemed for statement credits on travel purchases, just like the Bank of America Travel Rewards card. However, one advantage of the Discover It Miles card is that there is no foreign transaction fee, making it a great choice for international travelers.
The Discover It Miles card also offers a unique bonus feature. At the end of your first year as a cardholder, Discover will match all the miles you earned during that year. So, if you earned 30,000 miles during your first year, Discover will give you an additional 30,000 miles as a bonus. This can add up to significant savings if you use your card frequently.
In addition to its travel-related benefits, the Discover It Miles card also comes with some useful perks such as a free FICO credit score, 0% introductory APR for the first 14 months on purchases and balance transfers, and fraud protection.
Which Card is Right for You?
Both the Bank of America Travel Rewards and the Discover It Miles credit cards offer attractive rewards and benefits for frequent travelers. However, the right choice for you depends on your personal preferences and spending habits.
If you prefer a card with no annual fee and a 0% introductory APR period, the Bank of America Travel Rewards card may be the better choice for you. On the other hand, if you frequently travel internationally and want to avoid foreign transaction fees, the Discover It Miles card may be a better option.
Ultimately, the best way to decide which card is right for you is to evaluate your own spending habits, travel preferences, and priorities. Consider the rewards, benefits, and fees of each card carefully before making a decision.
Final Thoughts
Both the Bank of America Travel Rewards and the Discover It Miles credit cards offer valuable rewards and benefits for frequent travelers. By comparing their features, rewards, and benefits, you can make an informed decision about which card is right for you. Remember to consider your own personal preferences and priorities before making a final decision.
