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.
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Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.