How does Travel Rewards Credit Card work?

Keep reading to find out: How it works, fees, interest rates, and much more.

Founded in 1998, Bank of America has become one of the top banks in the United States with more consumer deposits than any other U.S. bank the financial services offered by the bank have become very popular among Americans.

There are options for every need, so the bank offers everything from loans to credit cards.

In addition, the bank offers its customers exclusive security and benefits. Thus, we have selected a credit card option that may be ideal for your needs, see below.

How does it work?

It works as a rewards credit card that offers the best benefits, it’s an excellent choice for frequent travelers who want flexible rewards.

In addition to not having an annual fee, it is possible to accumulate points that you can redeem for a bunch of things.

One of the great advantages of this card is that there is no point limit, so you can accumulate as much as you want, plus you can earn up to 3 points for every $1 spent on trips booked through the Bank of America Travel Center.

What is card limit?

The bank doesn’t inform the exact credit limit but the minimum you can get is $500.

Does it have interest rates?

• Regular APR: 24% – 26.24% Variable APR on purchases and balance transfers.
• Purchase Intro APR: 0% Intro APR for 18 billing cycles for purchases.
• Balance Transfer Intro APR: non-applicable.

Does it have fees?

• Annual fee: $0.
• Cash advance: See terms.
• Foreign purchase transaction fee:

Who can get the card?

It’s possible to get it if you have a credit score of 670 or higher. Furthermore, this credit card is suitable for those who are looking for a card that offers a simple rewards system.

How to apply for it?

It is not hard to get this card, you just need to meet all the company requirements and fill the application information, see below:

• Personal information: name, social security number, date of birth, nationality.
• Contact information: zip code, residential address, email address, phone number.
• Finance information: Annual personal income, your employment status, employer contact details, etc.

What happens after you apply for Travel Rewards Credit Card?

Bank of America takes approximately 1-2 business days to review your application. Then the bank will send you an email or letter letting you know if you have been approved or not.

Frequently asked questions:

What can you use credit card points on?

Yes, you can use your points to pay for hotels, flights, vacation packages, cruises, rental cars, and baggage fees.

Do Bank of America Travel Rewards expire?

Points don’t expire as long as your card account is open.

How much are Bank of America Travel Rewards points worth?

Bank of America rewards points are worth up to $0.01 (1 cent) per point.