The Bank of America Travel Rewards Credit Card is a popular choice for those who enjoy traveling and want to earn rewards on their purchases. This card offers a simple yet effective rewards program, no annual fee, and a 0% introductory APR on purchases for the first 12 billing cycles. Additionally, there are no foreign transaction fees when using the card to purchase outside the United States, making it an excellent option for international travel. The card also provides access to 24/7 travel and emergency assistance services and lost luggage reimbursement. With the Bank of America Travel Rewards Credit Card, cardholders earn 1.5 points per dollar on purchases. These points can be redeemed for statement credits towards travel purchases or deposited into a Bank of America savings or checking account. This flexibility allows cardholders to use their issues to best suit their needs.

Features

The Bank of America Travel Rewards Credit Card offers the following features:

• Sign-up bonus: New cardholders can earn 25,000 bonus points after spending $1,000 on purchases in the first 90 days of account opening. This bonus is worth $250 in statement credits toward travel purchases.
• Rewards program: Cardholders earn 1.5 points per dollar spent on all purchases. Points can be redeemed for statement credits towards travel purchases or deposited into a Bank of America savings or checking account.
• Introductory APR: The card offers a 0% introductory APR on purchases for the first 12 billing cycles.
• No foreign transaction fees: There are no foreign transaction fees when using the card to purchase outside the United States.
• No annual fee: The card has no annual fee, making it an excellent option for those who want to avoid paying an annual fee to earn rewards.

Benefits

The Bank of America Travel Rewards Credit Card offers several benefits, including:

• Flexibility: Cardholders can redeem their points for statement credits towards any travel purchase, including flights, hotels, car rentals, and more. There are no blackout dates or restrictions on travel, making it easy to use your points whenever and wherever you want.
• Easy redemption: Redeeming points is easy. Cardholders can log into their account and select the travel purchase they want to apply their points towards. Points can also be redeemed for cash back or deposited into a Bank of America savings or checking account.
• Chip technology: The card comes with chip technology, providing an added security layer when making purchases in-store.
• Travel and emergency assistance: Cardholders can access 24/7 travel and emergency assistance services, including emergency ticket replacement, emergency cash advances, and medical and legal referrals.
• Lost luggage reimbursement: If your luggage is lost or stolen while traveling, the card offers up to $3,000 in lost luggage reimbursement.

Drawbacks

While the Bank of America Travel Rewards Credit Card offers many benefits, there are also some drawbacks to consider:

• Limited rewards-earning potential: The card only earns 1.5 points per dollar spent on all purchases, which may need more for frequent travelers looking to maximize their rewards-earning potential.
• No bonus categories: The card doesn't offer bonus points for specific categories like dining, gas, or groceries, limiting your rewards-earning potential.
• No travel benefits: Unlike other travel credit cards, the Bank of America Travel Rewards Credit Card doesn't offer travel benefits like airport lounge access, travel credits, or complimentary hotel upgrades.
• Foreign transaction fees for cash advances: While there are no foreign transaction fees for purchases, there is a fee for foreign cash advances.
• Average APR: After the introductory APR period, the card's APR is average compared to other travel credit cards, which may make it less appealing to those who carry a balance.

Conclusion

The Bank of America Travel Rewards Credit Card is an excellent choice for those who enjoy traveling and want to earn rewards on their purchases. The card offers a simple and flexible rewards program with no annual fee, making it a low-cost option for earning rewards. The 0% introductory APR on purchases for the first 12 billing cycles can also be helpful for those who want to make a large purchase and pay it off over time without accruing interest. The lack of foreign transaction fees is another significant advantage of the card, making it an excellent option for international travel. Additionally, the card offers travel and emergency assistance services and lost luggage reimbursement, providing cardholders with added peace of mind when traveling. The Bank of America Travel Rewards Credit Card is an excellent choice for those looking for a low-cost card with flexible redemption options and added travel benefits.