3.7 / 5 \u00b7 Bonus Eagle score
Bank of America
Bank of America® Travel Rewards Credit Card
Welcome bonus
25,000Points
after $1,000 in 3 mo
Annual fee
$0
Purchase APR
17.49% – 27.49%
Credit needed
Good to Excellent (690–850)
on Bank of America's secure site
The bottom line
For a points-and-miles audience, the honest framing matters: this is a fixed-value travel card, not a transferable-points card. Points are worth a flat 1 cent each as a statement credit against travel, and they don't transfer to airline or hotel partners — so the ceiling is lower than a Sapphire, Venture, or Strata card.
At a glance
Pros and cons.
Pros
- No annual fee and no foreign transaction fee
- Flat 1.5x on everything with simple travel redemptions
- 0% intro APR for 15 billing cycles (purchases and early balance transfers)
- Preferred Rewards members can earn up to ~2.62x
- Points don't expire while the account is open
Cons
- Points are fixed-value (1 cent) and do NOT transfer to airlines/hotels
- Base 1.5x trails the best no-fee earners for non-BofA customers
- Best rates require large BofA/Merrill balances
- No premium perks or bonus categories beyond the travel portal
The editorial review
Our take on this card.
For a points-and-miles audience, the honest framing matters: this is a fixed-value travel card, not a transferable-points card. Points are worth a flat 1 cent each as a statement credit against travel, and they don't transfer to airline or hotel partners — so the ceiling is lower than a Sapphire, Venture, or Strata card. Within those limits, it's a clean no-fee option: 1.5x on everything, easy redemptions, no foreign transaction fee, and a genuinely long 15-billing-cycle intro APR. Where it gets interesting is Preferred Rewards — big balances at Bank of America or Merrill can push earning toward 2.62%, which is strong for a free card. The bottom line: for existing BofA customers it's a quietly powerful flat-rate earner; for everyone else it's a fine beginner card that a transferable-points site should present with its main limitation stated plainly.
How you earn
Rewards by category.
BofA Travel Center bookings
3x
Everything else
1.5x
Rates and fees
The full disclosure.
All rates and fees current as of publication. Verify against the issuer's official Terms and Conditions before applying.
Annual fee
$0
Purchase APR
17.49% – 27.49%
Balance transfer APR
17.49% – 27.49%
Penalty APR
29.99%
Foreign transaction fee
None
Balance transfer fee
3% intro for 60 days, then 5% ($10 minimum); verify on issuer page
Late payment fee
Up to $40
Frequently asked
Questions readers ask.
Do the points transfer to airlines?
No — they're fixed at 1 cent each, redeemable as a travel statement credit.
Is there an annual fee or foreign transaction fee?
Neither.
Can I boost the earn rate?
Yes, up to ~2.62x through Bank of America Preferred Rewards tiers.
Is there an intro APR?
Yes — 0% for 15 billing cycles on purchases and early balance transfers.
Who is it best for?
Beginners and existing BofA/Merrill customers.
