How to Earn Points and Miles for Free Travel
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Our take
The Bank of America® Travel Rewards credit card has a number of things going for it. It’s free, there is a sign-up bonus, and it has the potential of earning rewards at a rate above market average.
Details
- Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points. Terms Apply.
- 25,000 bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening - which can be redeemed for a $250 statement credit toward travel purchases. Terms Apply.
- No Annual Fee.
- No Foreign Transaction Fees.
- Introductory 0% APR for your first 12 billing cycles for purchases. After that, a Variable APR that's currently 16.99% - 24.99% will apply.
- Get a 10% customer bonus every time you redeem your cash back into a BofA® checking or savings account. If you're a BofA Preferred Rewards client, you could increase that bonus to 25% - 75%.
- Redeem points for a travel credit or cash reward starting at 2,500 points; gift card redemptions start at 3,125 points.
- Enjoy Security & Benefits: Online Shopping Security, Overdraft Protection, Digital Wallet Technology and more.
- Free monthly access to FICO® Score.
Pros
High rewards rate
Sign-up bonus
No Annual Fee
No Foreign Transaction Fees
Intro 0% APR for the first 12 billing cycles
Cons
Has interest charges
Recomended Credit score
Poor
300
Fair
630
Good
690
Excellent
720
850
Bonus offer
Bonus value
$250
25,000 bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening - which can be redeemed for a $250 statement credit toward travel purchases. Terms Apply.
This one-time promotion is limited to new customers opening an account in response to this offer.
Rewards
Travel
3 points / $1
Other
1.5 points / $1
Balance transfer offer
Balance transfer regular apr
16.99-24.99%
variable
Balance transfer fee
3%
min $10
Rates and fees
Purchase regular apr
16.99-24.99%
variable
Cash advance apr
19.99-26.99%
variable
Regular annual fee
$0
Cash advance fee
3%
min $10
Foreign transaction fee
0%
Late payment fee
up to
$38
Return payment fee
up to
$27
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