Bank of America Travel Reward Credit Card

In fact, Bank of America credit cards are making their way into many people’s wallets because of the bank’s size and coverage area. This particular card has a lot to like, especially for its retired target audience.

Bank of America Travel Features

The Bank of America Travel credit card is ideal for travelers who value versatility or the casual traveler who eats more than flies. You can earn generous flat-rate rewards on all your purchases – not just travel expenses.

And since this travel rewards credit card isn’t tied to specific partner hotels or airlines. You can book your trip with any provider and receive a credit to your bank statement.

Bank of America credit cards also have a broader definition of travel compared to cards from other publishers. So you can get credit for purchases at campgrounds, travel agencies, zoos, art galleries, and more.

If you submitted your travel plans first, you can also redeem points for a credit to your dinner account.

Bank America Travel Benefits

This credit card is a good choice for: Consumers who want a free annual card. Bank of America customers can receive bonus rewards when they reach the minimum balance in their bank or investment accounts.

25,000 point sign-up bonus: A sign-up bonus offers a clear advantage in terms of the total number of points.

This card also has a very low standard. The bonus will take effect if you have made at least $1,000 in qualifying purchases within 90 days of opening your account.

It’s important to note that this is one of the biggest bonuses on an annual pass.

Unlimited 1.5 points for 1 USD: This card makes things easier with 1.5 points for 1 USD on transactions. What you see is what you get.

 No annual fee: The card still offers many advantages and features of competitive cards that charge an annual fee.

 No international transaction fees: For overseas purchases the standard 3% fee that many other credit cards charge does not apply.

0% APR introductory offer: Offer includes an introductory offer of 0% APR for 15 purchase billing cycles. This is a notable advantage for a free travel card, as most competitors don’t even offer an introductory annual rate offer.

Preferred Reward Bonus: Customers who are loyal to Bank of America products can earn 25-75%. Bonus points through the Preferred Rewards program. The Preferred Rewards card bonus levels are as follows:

• Gold Preferred Rewards: Earn a 25% point bonus.
• Platinum Preferred Rewards: Get a 50% bonus.
• Platinum Honors Preferred Rewards: Earn a 75% bonus.

Other benefits

• BankAmeriDeals

Bank of America cardholders have exclusive access to BankAmeriDeals. The issuer’s version of the card-linked limited-time offer programs such as Amex Offers or Chase Offers.

You can log into your account and generally earn an additional 5 to 15 percent refund (up to a certain limit). After activating the respective offer at participating restaurants and other retailers.

BankAmeriDeals won’t raise a lot of money. But the coins you earn for using the program regularly can help you get up-to-date deals.

• Visa Signature Benefits

Like a Visa credit card, the Bank of America Travel card has access to a portfolio of Visa Signature benefits that can be useful while traveling.

Contact your issuer to find out what features your card specifically offers, but you can expect to receive standard benefits such as:

• purchase protection
• Extended Warranty Coverage
• Visa Signature Concierge Services
• Roadside Dispatch
• Lost Baggage Refund
• Travel and emergency assistance

Bank America Travel Fees

One of the main advantages of the Bank of America Travel card is the lack of fees. There are no annual fees or overseas transaction fees, which is great news if you are planning to travel abroad.

There is also a 0 percent introductory APR for purchases over 15 billing cycles, which can be helpful in financing a large purchase in the first year.

But the normal APR is high, from 13.99% to 23.99%, and you can get up to 29.99% floating rate if you miss a payment.

Another thing to keep in mind is that this card is not the best choice for bank transfers through Bank of America.

The APR entry does not apply to credit transfers, and you will be charged $10 or a 3 percent fee for each transfer, whichever is greater.

Bank of America also charges a late fee of up to $40, a return postage fee of up to $29 and a cash advance fee of $10 or 3 percent, whichever is greater.

Credit Score

Bank of America states that you must have good to excellent credit ratings to receive this card. Therefore, you must have a FICO score of at least 670 before applying.

How to request

To request the Bank of America Travel credit card, you can follow these steps:

1. Check Eligibility: Ensure you meet the eligibility requirements, which typically include having a good to excellent credit score (typically 670 or higher).
2. Visit Bank of America’s Website: Go to the Bank of America website or visit a local branch.
3. Navigate to Credit Cards: Find the section for credit cards and locate the Bank of America Travel credit card.
4. Review Terms and Benefits: Familiarize yourself with the card’s terms, benefits, fees, and rewards structure to ensure it meets your needs.
5. Apply Online or In-Person:
   • Online: Click on the “Apply Now” button and fill out the application form with your personal information, income details, and other required information.
   • In-Person: Visit a Bank of America branch if you prefer to apply in person. A representative can assist you with the application process.
6. Submit Application: Complete the application by providing all required information accurately.
7. Wait for Approval: After submitting your application, Bank of America will review your application and credit history. You may receive a decision instantly or within a few business days.
8. Receive Your Card: If approved, you’ll receive your Bank of America Travel credit card in the mail within a few weeks.

If you have any specific questions during the application process or need assistance, the Bank of America customer service team is available to help both online and in branches.

Conclusion

The Bank of America Travel credit card is best for the casual traveler looking for a good credit card for travel without annual fees.

The introductory bonus is one of the largest in the non-annual fee category and is also very suitable for existing Bank of America customers, especially if they are participating in one of the Preferred Rewards programs.

You won’t find a free travel card that offers such a lucrative win rate for the highest levels of Preferred Rewards, nor will you find many competing cards with such a long 0% introductory APR offer.