Bank of America Travel Rewards VisaBank of America Premium Rewards
Issued by Bank of America
Reviewed by the CardCurator Editorial Team
$200/year in trackable credits — never leave money on the table
Before you apply
Use this quick check so you click out only when the offer and fee structure really fit.
- Best fit: strongest ongoing earning is 2x on Travel.
- Bonus hurdle: spend $4,000 in 3 months.
- Annual fee: $95 charged each year.
- Who should skip: anyone who will not recover the annual fee through ongoing spend, credits, or the welcome bonus.
- What happens next: you will leave CardCurator for the issuer or partner application page in a new tab.
Confirm current issuer terms and approval rules before you submit an application.
Earning Categories
Current Welcome Bonus
Year 1 net value: +$505 (bonus − annual fee)
Statement Credits
Up to $100 annual airline incidental statement credit for baggage fees, in-flight refreshments, etc.
Up to $100 statement credit for TSA PreCheck® or Global Entry application fee (once every 4 years)
Maximize Your Bank of America Travel Rewards Points
Expert tips to get the most value from this program
Program Overview
Bank of America Travel Rewards is a no-annual-fee travel credit card program that earns points redeemable at 1¢ per point toward travel and dining purchases. Points do not transfer to airline or hotel programs — they're used to offset travel charges on your statement. The card earns 1.5x on all purchases (2.625x for Preferred Rewards Platinum Honors members). Best for: Bank of America relationship customers who want simple, no-annual-fee travel rewards without managing complex transfer partners.
Earning Tips
BofA Travel Rewards card: - 1.5x points on all purchases (no categories to track) - Bonus points on travel booked through BofA Travel Center Preferred Rewards multiplier: - Platinum Honors (75% bonus): effective 2.625x on all purchases — competitive with most flat-rate cards - Gold (25% bonus): 1.875x, Platinum (50% bonus): 2.25x Strategy: - Best for Preferred Rewards customers who want a simple flat-rate card - For non-Preferred Rewards customers, consider cards with higher base earning rates
Redemption Tips
Redemption: 1¢/point toward travel, dining, or any purchases classified as travel/dining. Points are redeemed as statement credits within 12 months of the travel purchase. This is a "cash toward travel" model rather than a transfer model — no airline or hotel partner redemptions available. Maximize by making travel purchases (flights, hotels, car rentals, ride-shares, restaurants) and immediately applying points as statement credits. No blackout dates or seat restrictions.
Card Details
Low intro APR on purchases and qualifying balance transfers for 15 billing cycles
Bank of America Travel Rewards Program
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Approval Insights
Recent community application data for this card. Issuers make the final decision, but this gives you a public read on how similar applicants have been doing lately.
How to use this
- Use the approval summary as a signal, not a guarantee.
- Combine it with issuer rules like 5/24, Amex lifetime language, and velocity limits.
- Open the full approval page to see recent datapoints, profile bands, and notes.
Most card pages stop at a generic credit-score range. CardCurator layers real community submissions on top of card detail, rewards value, and application strategy.
Frequently Asked Questions
- What is the annual fee for the Bank of America Premium Rewards?
- The Bank of America Premium Rewards has an annual fee of $95 per year.
- What is the best category to use the Bank of America Premium Rewards for?
- The Bank of America Premium Rewards earns 2x on Travel, making it the strongest earning category for this card.
- What is the Bank of America Premium Rewards welcome bonus in 2026?
- The Bank of America Premium Rewards currently offers a welcome bonus of 60,000 points after spending $4,000 in the first 3 months.
- Does the Bank of America Premium Rewards charge foreign transaction fees?
- No, the Bank of America Premium Rewards does not charge foreign transaction fees, making it a good choice for international purchases.
- How much are Bank of America Travel Rewards points worth?
- Bank of America Travel Rewards points are worth approximately 1.00¢ per point on average, with premium redemptions reaching up to 1.00¢ per point. Values based on industry estimates including The Points Guy and NerdWallet.
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