Introduction

If you rarely travel but are looking for a credit card without an annual fee and a straightforward rewards program, consider the Bank of America Travel Rewards credit card for students. You won't find a luxury travel option on this card. The travel bonuses that Bank of America's credit card offers aren't as luxurious as those offered by some of its competitors. That's different from saying the card has no bonuses, either. It's a Visa Signature card, so you can use the card's concierge service and stay at hotels in the Visa Signature Collection.

Perks You Get From Bank of America's Travel Program

You Can Earn Decent Money For Your Next Trip Without Worrying About Any Levels.

This card offers benefits on par with other no-annual-fee travel cards, at 1.5 points for every dollar spent. Each issue is worth one penny when redeemed for airfare, which is also the norm. It's common for regular travel rewards cards and people's credit cards to have tiered reward structures, where specific actions result in a greater return than others. Earning travel points with the Bank of America Travel Rewards credit card for people is simple, as the card has a fixed rewards rate that is applied to all purchases.

Rewards That Can Be Adjusted To Fit The Situation

There are no restrictions on where you can stay or which airlines you can use with the Bank of America Rewards credit card. There are no restrictions or blackout dates when using points to pay for your trip, and you can utilize your points to cancel out the trip's cost on your account. Compared to other major issuers, Bank of America® has one of the more inclusive definitions of "travel." Travel expenses, lodging expenses, cruise expenses, and rental car expenses are all redeemable for points.

Still, they are admitted to museums, theatres, zoos, aquariums, zoos, campgrounds, art galleries, carnivals, and circuses. Restaurant purchases can also be redeemed for a credit using your points. While points do not expire, the travel and dining experiences that can be bought with them do. Travel and eating purchases made within the previous 12 months are eligible for a statement credit upon redemption. In addition, you can only redeem the most recent 2,500 in qualified travel and dining expenses.

There Will Be No Interest Charges Made For The First 18 Billing Cycles

If you're planning on making a sizable purchase and want some breathing room before being hit with any interest fees, this card may be a suitable option. For the primary 18 payments, new members get an introductory APR of 0% on all purchases. After that, the APR will fluctuate between 16.99% and 26.99% per year, dependent on the borrower's credit history.

Benefits Upon Arrival

If you're looking for a no-annual-fee travel rewards credit card, go no further than the Bank of Travel Rewards credit card. If you open an account and spend at least $1,000 within the first 90 days, you will receive 25,000 bonus points. You can put that much money toward a hotel stay or dinner out by using the points you've accumulated. There is typically a minimum spending requirement of $500 to $750 on no-annual-fee credit cards to receive the welcome bonus. However, this incentive is superior to the majority if you use your credit card for at least $334 in monthly purchases.

Fees

Bank of America Rewards credit cards does not charge additional fees for purchases made in a foreign country. Only new purchases are eligible for this promotional financing period. We're offering no-interest payments for the first 18 months on all purchases made by new clients. Transferring a balance will cost you 3%. Use your BankAmericard® credit card's introductory 0% APR promotion for 21 payment cycles to consolidate high-interest debt. Eliminating your debt could be aided by a balance transfer from a credit card that charges no interest.

Those Who Welcome International Tourists

Individuals contemplating an international spring break vacation or study abroad experience of a semester or more may also benefit from this card. Considering that many credit cards charge between 1% and 3% to convert purchases made abroad to U.S. dollars, the absence of a foreign transaction fee represents a significant saving.

Who Can Use This Gift Card?

Those who seek simple access to travel rewards may consider this card. If you have a Bank of America Travel Rewards checking or savings account, you may be eligible for the Preferred Rewards program, which can improve your rewards earnings by 25% to 75%.

Conclusion

The Bank of America Travel Rewards credit card is an excellent option if you're looking for a credit card to earn points toward travel with every transaction. The initial bonus is respectable, especially considering the more significant spending threshold and greater reward than competing travel credit cards. Suppose you already own a Bank of America account with a credit of $20,000 or more. In that case, the possibility of improving regular rewards income through the Priority Rewards program is another good reason for relatively high rollers to sign up for this card.