Receive 25,000 bonus points with the Bank of America Travel Rewards credit card after you spend $1,000 in the first 90 days (ways to meet this spending requirement). Your introductory bonus points, valued at 1 cent per point, can be redeemed for a $250 statement credit. Save money on fees with this no-annual-fee, no-foreign-transaction-fee, 0% APR card. The introductory bonus is outstanding for a no-annual-fee travel card. However, we’ve reviewed cards with bigger bonuses.
If you have a checking or savings account with Bank of America, you get a 10% customer bonus on every purchase. Spending $10,000 a year and earning 1.5 points per dollar, you’ll receive $150 in rewards. With a 10% boost, that rises to $165 (1.65 points per dollar). Don’t have an existing BoA checking account? Here’s a guide to current BoA checking account bonuses to help you decide whether you should switch or not.
This credit card is also eligible to receive a Preferred Rewards bonus. The Preferred Rewards bonus will replace the 10% customer bonus. Enroll in Bank of America Preferred Rewards with at least $20,000 in combined accounts and you can enjoy a 25% – 75% rewards boost on every purchase.
Enrolled clients can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier or 75% for the Platinum Honors tier.
| Qualifying Balance | Rewards Bonus | Points per dollar |
|---|---|---|
| $20,000 (Gold) | 25% | 1.875 |
| $50,000 (Platinum) | 50% | 2.25 |
| $100,000 (Platinum Honors) | 75% | 2.625 |
*The Travel Rewards card is issued by Bank of America. BoA also offers great sign-up bonuses for their Checking/Savings accounts.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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