Bank of America® Travel Rewards Credit Card Review

Deals Points is part of an affiliate sales network and receives compensation for sending traffic to partner sites. Opinions and recommendations are ours alone. Terms apply to the offers. See our Advertising Disclosure for more information.

The Bank of America Travel Rewards credit card earns 1.5x points on all spending with no annual fee. 

The card can also earn up to 2.65x points on all spending if you qualify for Preferred Rewards by having funds in a Bank of America or Merrill account. 

No Annual Fee
Bank of America® Travel Rewards Credit Card
  • bonus_miles_full
  • 1.5X Points on All Purchases
  • 25% to 75% More Points for Preferred Rewards Members
  • 0% Intro APR for your first 18 billing cycles for purchases. After that, reg_apr,reg_apr_type.
  • No Annual Fee
Learn More

Welcome Bonus

The Travel Rewards Card currently offers the following welcome bonus:


Earning Points

The Travel Rewards Card earns 1.5 points per dollar on all purchases everywhere, every time.

Extra Points with Preferred Rewards

Members of the Preferred Rewards program earn 25% to 75% more cashback on every purchase based on the amount of money in Bank of America banking and/or Merrill Investment accounts. 

Gold ($20,000 to $49,999) = 25% rewards boost, which equals 3.75% cashback on the select category, 2.5% cashback on grocery/wholesale, and 1.25% cashback everywhere else.

Platinum ($50,000 to $99,999) = 50% rewards boost, which equals 4.5% cashback on the select category, 3.0% cashback on grocery/wholesale, and 1.5% cashback everywhere else.

Platinum Honors ($100,000+) = 75% rewards boost, which equals 5.25% cashback on the select category, 3.5% cashback on grocery/wholesale, and 1.75% cashback everywhere else.

No Annual Fee

One of the best aspects of the Travel Rewards Card is that it has no annual fee.

Travel Rewards Card Benefits

The Travel Rewards Card doesn’t offer a lot of benefits, but here are a few:

No Foreign Transaction Fees

This card has no foreign transaction fees on purchases outside the U.S., which is helpful if you travel internationally to help you avoid paying a 3% fee on those international purchases.

Santorini Europe

Secondary Rental Car Insurance

Secondary rental car insurance covers any damage to a rental car not covered by your primary insurance when you pay for the rental using this card.

Other credit cards offer primary rental car insurance, which pays before your insurance and saves you the hassle of filing multiple insurance claims.

You still need to maintain liability car insurance to cover damage to another person or property.

Top offers from our partners
75,000 Bonus Miles
Terms Apply
100,000 Bonus Points
Terms Apply
$200 Cash Back & No Annual Fee
Terms Apply