Bank of America Travel Rewards Credit Card – How to Apply

By Raquel Oliveira • 03/05/2025

The Bank of America Travel Rewards Credit Card offers a simple way to earn travel rewards.

For those who love to travel and want to earn rewards effortlessly, the Bank of America Travel Rewards Credit Card offers a simple and flexible way to accumulate points on everyday spending.

Unlike other travel credit cards that require tracking rotating categories or spending limits, this card provides unlimited 1.5 points per dollar on every purchase. This makes it an ideal option for those who prefer a straightforward rewards system.

With no annual fee and no foreign transaction fees, this card is a great companion for both domestic and international travelers. You can make purchases abroad without worrying about extra charges on your statement.

For Bank of America Preferred Rewards members, the benefits get even better. Depending on membership tier, cardholders can earn up to 2.62 points per dollar spent, making it one of the highest-earning no-annual-fee travel credit cards available.

How Does the Bank of America Travel Rewards Credit Card Work?

The Bank of America Travel Rewards Credit Card operates on a flat-rate rewards system, meaning cardholders earn 1.5 points per dollar spent on all purchases. This allows for consistent rewards accumulation without the need to track spending categories.

Points earned with this card can be redeemed for various travel-related expenses, making it easy to use rewards for trips, vacations, and other travel experiences. Eligible redemption options include:

• Flights, hotels, and vacation rentals
• Rental cars and cruises
• Baggage fees and other travel purchases

Additionally, new cardholders can earn 25,000 bonus points after meeting the required spending amount in the first 90 days. This sign-up bonus is equivalent to $250 in travel credits, helping users reduce trip costs right from the start.

Another key feature is the lack of blackout dates or travel restrictions. Unlike some travel rewards cards tied to specific airlines or hotels, this card allows redemptions toward any eligible travel purchase, providing maximum flexibility.

Main Benefits of the Bank of America Travel Rewards Credit Card

• The Bank of America Travel Rewards Credit Card offers numerous advantages, making it an excellent choice for frequent travelers and everyday spenders alike. Here are some of the top benefits:
• Preferred Rewards Program boost: Existing Bank of America Preferred Rewards members can receive a 25% to 75% boost on earned points, increasing rewards potential up to 2.62 points per dollar.
• Unlimited 1.5 points per dollar spent: Unlike category-based travel cards, this card earns points at a flat rate, ensuring that every purchase helps build travel rewards.
• No annual fee: Many travel cards charge an annual fee, but this one lets users enjoy benefits without paying extra costs to keep the card active.
• No foreign transaction fees: When traveling abroad, cardholders can use this credit card without worrying about extra charges on international purchases, making it a great option for global travelers.

Cons of the Bank of America Travel Rewards Credit Card

While this card has many advantages, it’s important to consider some of the potential drawbacks before applying.

• Lower rewards rate compared to premium travel cards: While 1.5 points per dollar is solid, premium travel credit cards offer 2x or 3x points in select categories like travel or dining.
• No airline or hotel transfer partners: Some travel credit cards allow users to convert points into airline miles or hotel loyalty programs, which can provide better redemption value. This card only allows redemptions as travel credits.
• Sign-up bonus is lower than premium travel cards: Although 25,000 bonus points ($250 in travel credits) is a nice perk, some premium travel cards offer larger welcome bonuses with more value for frequent travelers.

For travelers who want maximum redemption flexibility and prefer no restrictions on travel purchases, this card remains a strong choice despite these limitations.

APR and Fees

The Bank of America Travel Rewards Credit Card offers a 0% introductory APR on purchases for the first 15 billing cycles, making it a great option for those who want to finance travel expenses without paying interest.

After the promotional period, a variable APR applies, so it’s important to pay off the balance before interest accrues to avoid unnecessary finance charges.

Additional fees and considerations include:

• No annual fee: A major advantage for long-term cardholders, allowing users to keep the card open without incurring extra costs.
• No foreign transaction fees: Ideal for international travelers who don’t want to worry about additional charges when making purchases abroad.
• Balance transfer fees apply: If transferring balances from another credit card, be aware of associated fees that may affect cost savings.

Overall, the lack of an annual fee and foreign transaction fees makes this card an affordable and convenient choice for frequent travelers.

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

Applying for the Bank of America Travel Rewards Credit Card is a straightforward online process that typically provides fast approval decisions for eligible applicants.

To apply, visit the Bank of America website and complete the online application. Applicants will need to provide the following information. Personal and financial details, Employment and income information and Social Security Number for identity verification.

Applicants with good to excellent credit (typically 670 or higher) have the best chances of approval. Those who already have a relationship with Bank of America—such as checking or savings accounts—may receive additional benefits and faster processing.

Once approved, the card is mailed within 7–10 business days, allowing users to start earning travel rewards immediately. Cardholders can also set up online access to manage rewards, track spending, and redeem points effortlessly.

Is the Bank of America Travel Rewards Credit Card Right for You?

The Bank of America Travel Rewards Credit Card is a great fit for travelers who want a simple, flexible way to earn and redeem travel rewards without complicated point conversions or limited redemption options.

This card is perfect for:

• Frequent travelers looking for no foreign transaction fees
• Everyday spenders who want a flat-rate rewards system
• Bank of America customers who can take advantage of Preferred Rewards boosts
• People who want a no-annual-fee travel credit card

However, if you’re someone who frequently books flights and hotels with specific brands, a travel credit card with airline and hotel transfer partners might provide higher redemption value.

For those who prioritize simplicity and flexibility, this card offers a straightforward approach to earning travel rewards while keeping costs low.