Bank of America
Bank of America Travel Rewards Credit Card
No-fee travel rewards card earning unlimited 1.5 points per dollar spent everywhere, with a welcome bonus of 25,000 points and no foreign transaction fees.
Annual fee
None
Top rate
1.5x everything else
Welcome bonus
25,000 points
Quick look
Unlimited travel rewards with no annual fee
Earn 1.5 points on every dollar spent everywhere
3.7
out of 5
Rewards
Fees
Welcome bonus
Perks
Value
Overall score is a weighted average: Rewards 20% · Fees 20% · Welcome bonus 20% · Perks 20% · Value 20%.
Ideal for
Bank of America customers who travel occasionally, rewards beginners seeking simplicity over optimization, and travelers who value no-fee flexibility over premium perks.
The verdict
The Bank of America Travel Rewards card is built for simplicity, not optimization. You get a genuinely useful zero-fee baseline: unlimited 1.5 points on everything, no foreign transaction fees, a $250 welcome bonus reachable in 90 days, and a 15-month 0% intro APR. That combination keeps it competitive for Bank of America loyalists and people just learning rewards.
But the card's flat earning rate ranks 28th in the catalog—there are stronger flat-rate cards without annual fees (VentureOne from Capital One matches its pace). You also can't transfer points to airlines or hotels, and redemption is capped at 1 cent per point unless you boost rewards through a BofA deposit account. For frequent travelers or points enthusiasts, those limitations matter. For someone with a checking or savings account at BofA who travels once or twice a year, it's a pragmatic pick.
Pros
- No annual fee and no foreign transaction fees remove common travel headaches
- 1.5 points per $1 everywhere means consistent earning with no category tracking
- 0% intro APR for 15 months gives breathing room on transfers or big upfront purchases
- $250 welcome bonus is achievable in 90 days with everyday spending
Cons
- 1.5X earning rate ranks 28th among catalogs cards—competitors like VentureOne and Discover it Miles match it at no fee
- No transfer partners to airlines or hotels limits optimization for travel redemption
- Redemption value drops to 0.6 cents per point if you cash out instead of using travel/dining credits
Reward rates
| Category | Rate | Details |
|---|---|---|
| Everything else | 1.5x | Earn unlimited 1.5 points for every $1 on all purchases |
Unlimited 1.5X points on every purchase keeps the math simple and prevents category confusion. Many Bank of America customers can boost effective earning rates by up to 75% through Rewards Advantage membership (when maintaining higher account balances or deposit levels), but base earning is flat-rate. The card ranks 28th in the catalog's best single-category rates—solid, but not competitive for points enthusiasts chasing transfer partners.
Fees and APR
Does it pay for itself?
The $0 annual fee is the card's strongest asset. Combined with no foreign transaction fees, it removes the most common friction from travel spending. You genuinely pay nothing to carry it, making it a legitimate baseline for travelers who don't value premium perks.
Welcome bonus
Is it worth chasing?
25,000 points after $1,000 spend in 3 months is worth $250 in statement credits toward travel or dining. The $1,000 minimum is reachable in a week or two of normal spending for most people. Points never expire as long as the account is open, so there's no rush to redeem.
Other benefits
- No annual fee
- No foreign transaction fees
- Redeem points for statement credits toward travel and dining purchases
- $0 Liability Guarantee for fraudulent transactions
- Balance Connect for overdraft protection
- Digital Wallet Technology with Apple Pay, Google Pay, and Samsung Pay
- Online and Mobile Banking access
- Account Alerts for balance and payment reminders
Similar cards
Matches BofA's 1.5X flat rate with no annual fee and no foreign fees, plus slightly simpler Capital One branding—pick this if you want the same earning without a Bank of America account.
Also earns unlimited miles with no annual fee, offers a miles-match guarantee in year one (doubling first-year earning), and no foreign fees—better for year-one value.
Frequently asked questions
Can I transfer Bank of America points to airline or hotel partners?
No. BofA points do not transfer to partner programs. Your only redemption options are statement credits toward travel purchases, dining, and cash back. This is the card's biggest limitation for frequent flyers who want to transfer to their favorite airline loyalty program.
What is the actual value of a Bank of America point?
One point is worth 1 cent when redeemed for a travel or dining statement credit (the intended use), so 25,000 points equals $250. If you cash out instead, points are worth only 0.6 cents each. Always redeem toward travel or dining to get full value.
Does Bank of America offer travel insurance or trip cancellation coverage?
This card lacks premium travel protections. There's no trip cancellation insurance, no baggage delay coverage, and no airport lounge access. If travel insurance is important to you, look at cards with annual fees (like the Chase Sapphire Preferred or Capital One Venture X).
How does Rewards Advantage membership boost my earning on this card?
If you maintain a Preferred Rewards status with Bank of America (through qualifying deposit or investment balances), you can earn a 10%, 25%, or 50% bonus on all rewards depending on your tier. At the highest tier (Private Client), the bonus reaches 75%. This can push effective earning to 2.6X, but base earning without status is still just 1.5X.
Is the 0% intro APR worth opening this card if I'm not traveling?
If your main goal is balance transfer relief, yes. The 0% intro APR for 15 months is genuinely useful for moving high-interest debt. However, there are other no-fee cards with similar intro periods. The card's real value emerges when you combine the zero annual fee, strong welcome bonus, and intro APR—the full package for someone new to rewards.
Reviewed by YoungerFinance Editorial · Last updated August 10, 2026