Bank of America Travel Reward – How to apply

By Raquel Oliveira • 03/18/2025

Bank of America Travel Reward Earn 1.5 points per dollar spent on all purchases.

The Bank of America Travel Rewards credit card is an excellent choice for those seeking simple and flexible travel rewards. With 1.5 points per dollar spent on all purchases—regardless of category or location—it offers effortless earning potential.

Unlike many travel cards, there are no complex spending categories to track, making it ideal for users who prefer straightforward rewards. Plus, with no annual fee, cardholders can enjoy perks without added costs.

A standout benefit is the lack of foreign transaction fees, making this card a great companion for frequent travelers looking to avoid extra charges when spending abroad.

In this article, we’ll break down how the card works, its key benefits, potential drawbacks, fees, and the application process, helping you decide if it aligns with your travel and financial goals.

How does the Bank of America Travel Reward credit card work? 

The Bank of America Travel Rewards credit card is based on a simple and efficient rewards system. Cardholders earn 1.5 points per dollar spent on all purchases, with no restrictions or specific categories, allowing them to continuously accumulate points on all types of spending. 

The  points you earn can be exchanged for travel credits to cover expenses such as flights, hotels, car rental and even travel packages. In addition, the card allows cardholders to redeem points with any provider without restrictions on dates or specific partners.

This card also offers an introductory period of 0% APR on purchases for 18 billing cycles, perfect if you’re planning a big trip or thinking of making larger purchases. Floating interest rates will apply from the introductory period.

Main benefits of Bank of America Travel Reward

• Main benefits Easy points earning: Earn 1.5 points per dollar on every purchase, with no restrictions or category changes and consistent benefits.
• No foreign transaction fees: This card charges no additional fees on purchases outside the United States, making it perfect for international travelers.
• Welcome bonus: Earn 25,000 bonus points equal to $250 in travel credits after spending $1,000 in the first 90 days.

In addition, cardholders who participate in Bank of America’s Preferred Rewards program can earn up to 75% additional points based on the average balance of eligible accounts.

Who Should Apply for the Bank of America Travel Rewards Credit Card?

The Bank of America Travel Rewards credit card is best suited for individuals who want a hassle-free rewards system that earns points on every purchase without category restrictions or spending limits.

It is an excellent choice for frequent travelers, as it offers no foreign transaction fees, ensuring that international purchases do not incur additional costs.

Additionally, it is a strong option for those who want a long introductory APR period, providing 15 months of interest-free financing on purchases and balance transfers.

However, individuals looking for more flexible redemption options beyond statement credits for travel or dining expenses may find other rewards credit cards more beneficial.

Cons of Bank of America Travel Reward

• No personalized bonus categories: Earn 1.5 points per dollar on all purchases, but for those who prefer specific spending categories with higher returns, these cards may not be very favorable.
• Focus on travel: Points are most valuable when used for travel expenses, which limits their usefulness for those who prefer cash back and other types of rewards. Credit requirements

This card is intended for individuals with good or excellent credit history and has limited availability for individuals with low credit scores. 

Although the simplicity of the card is an advantage, it may not be the best option for those looking for greater rewards or a more comprehensive loyalty program in certain categories.

APR and Fees of the Bank of America Travel Rewards Credit Card

Understanding the costs associated with this credit card is crucial for managing spending and maximizing benefits while avoiding unnecessary fees.

• There are no foreign transaction fees, making this card a strong option for international travelers who frequently use their credit card abroad.
• The card offers a 0% introductory APR for the first 15 months on purchases and balance transfers, providing interest-free financing for eligible transactions.
• After the introductory period, the APR adjusts to a variable rate ranging from 18.24% to 28.24%, depending on the cardholder’s creditworthiness and financial history.
• Balance transfers incur a 3% fee for transfers made within the first 60 days, increasing to 4% after this period, which can add costs to debt consolidation.

How to Apply for the Bank of America Travel Rewards Credit Card

Applying for this credit card is a quick and straightforward process that can be completed online with fast approval times for most applicants.

• Once approved, the card will be delivered within 7 to 10 business days, after which it can be activated and used for purchases and rewards accumulation.
• Visit the official Bank of America website and navigate to the travel rewards credit card section to begin the online application process.
• Fill out the application form with your personal and financial details, including your name, address, income, and Social Security number for credit evaluation.
• If you are an existing Bank of America customer, log into your account to speed up the application process and verify any pre-approval offers.

Final Considerations

This credit card is a great option for travelers and everyday spenders, offering consistent rewards with no annual fee or complicated spending categories to track.

While its points redemption is limited to travel and dining statement credits, its no foreign transaction fees and 0% introductory APR make it a practical choice for many users.

Before applying, consider whether the fixed rewards rate and redemption structure align with your financial habits, ensuring that you get the most value from this credit card.