Bank of America Travel Rewards Credit Card
- Best for: Travelers who want a no-annual-fee card abroad; Bank of America and Merrill customers whose balances earn a BofA Rewards boost
- What Sets It Apart: BofA Rewards adds 10% to 75% to its 1.5 points per $1; points cover travel and dining charges from the past 12 months
- Cost: $0 annual fee; no foreign transaction fees; 0% intro APR for 15 billing cycles on purchases and on balance transfers made in the first 60 days, then 17.74% to 27.74% variable; balance transfer fee 3% for the first 60 days, then 5%
- Features: 1.5 points per $1; 3 points per $1 through the Bank of America Travel Center; 25,000 bonus points for spending $1,000 in the first 90 days; points worth 1 cent toward travel and dining or 0.6 cent as cash
- Pros: No foreign transaction fee; no blackout dates; points cover dining too; points don’t expire while the account is open
- Cons: Cash worth only 0.6 cent a point; 50% and 75% boosts need $100,000 and $1 million in balances; no travel credits or point transfers
Get the Bank of America Travel Rewards card if you want a no-annual-fee card with no foreign transaction fee for trips abroad. It pays the most to Bank of America customers, because BofA Rewards adds 10% to 75% to its 1.5 points per dollar as your bank and Merrill balances grow.
You redeem its points as a statement credit against travel and dining charges from the past 12 months, so you can book on any site and cover the cost afterward. It’s built for personal spending, so business owners should look at the bank’s Business Advantage Travel Rewards card instead.
Key Features
- No annual fee or foreign transaction fee
- 1.5 points per $1 on purchases, or 3 points per $1 on travel booked through the Bank of America Travel Center, the bank’s booking site in Online Banking
- Points worth 1 cent each toward travel and dining charges, or 0.6 cent each as cash
- 25,000 bonus points, a $250 travel or dining credit, after you spend $1,000 in the first 90 days
- 0% intro annual percentage rate (APR) for 15 billing cycles on purchases and on balance transfers made in the first 60 days, then 17.74% to 27.74% variable
Pros
- A 10% to 75% boost to its 1.5 points per $1 through BofA Rewards, the free program for Bank of America checking customers that replaced Preferred Rewards in May 2026
- Redemptions that work with any airline, hotel, or booking site, with no blackout dates
- Points that cover restaurant and takeout bills too, not just travel
- Points that don’t expire while the account stays open
Cons
- Only 0.6 cent a point as cash, so cash back seekers should pick the bank’s Customized Cash Rewards card
- A 50% boost only at $100,000 in Bank of America and Merrill balances, and 75% only at $1 million
- No travel credits, which the Premium Rewards and Premium Rewards Elite add for annual fees of $95 and $550
- No transfers to airline or hotel loyalty programs
Open it if your Bank of America and Merrill balances total $30,000 or more, since BofA Rewards’ 25% boost at that level works out to 1.875 points per $1. If you don’t bank there and spend mostly at restaurants, the Wells Fargo Autograph, also free of annual and foreign transaction fees, earns 3 points per $1 on dining to this card’s 1.5.
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