Bank of America Travel Reward – How to apply

By Marcos • 01/06/2025

This credit card is perfect for those who want many benefits and enjoy all related advantages.

The Bank of America Travel Rewards credit card is a great option for frequent travelers who want simplicity and attractive rewards. It offers unlimited 1.5 points per dollar on all purchases, with no changes to categories or limits, allowing cardholders to earn points instantly.

In addition, this card has no foreign transaction fees and no annual fee, making it perfect for international travel and for those who prefer a card with no additional costs. 

Earn a welcome bonus of 25,000 points (equivalent to US$250 in travel credits) after spending US$1,000 in the first 90 days. 4,444 International travelers also benefit from no foreign transaction fees, reducing additional costs when exploring new destinations. 

In addition, the referral bonus and 0% referral fee on purchases make this card attractive for those who plan to spend a lot in the short term.

Customers of the Preferred Rewards program can further increase the value of their benefits, making this card an even better choice for customers already affiliated with Bank of America.

With flexible redemptions and additional benefits for Preferred Rewards customers, Bank of America Travel Rewards is the smart choice to maximize your travel experience.

Widely accepted and with integrated financial management tools, this card combines benefits and convenience with easy redemption for travel expenses such as flights, hotels and car rentals.

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.

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

Bank of America Travel Rewards credit card offers 0% introductory APR on purchases for 18 billing cycles, giving you more financial flexibility when planning your trips and large purchases.

After the introductory phase, the variable interest rate will be an effective annual rate of 18.24% to 8.24%, depending on the cardholder’s creditworthiness.This card does not charge an annual fee or foreign transaction fees, making it an economical option for frequent travelers and those shopping abroad.

How to apply for the Bank of America Travel Reward

Bank of America Travel Rewards credit card is easy and can be done online on the official Bank of America website. This process requires you to fill in a form with your personal information, income and financial history.

This card is intended for individuals with good or excellent credit and requires credit analysis for approval.Approved cardholders will receive their card within 7 to 10 business days of approval.

Once approved, your card will be activated immediately and can be used to accumulate points. Cardholders can also track spending, view points earned and manage payments using the Bank of America app.