Bank of America Travel Rewards
Visa travel card with no annual fee. Earns 1.5% on everything else.
Terms read from Bank of America's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- None
- Purchase APR
- 17.74% to 27.74%
- Intro APR on purchases
- 15 months
- Intro APR on balance transfers
- 15 months, 3% fee
Rewards
- 1.5% on everything else
Earns cash back.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $427 | $177 | $782 | Month 1 |
| Family | $853 | $603 | $2,059 | Month 1 |
| Frequent traveller | $948 | $698 | $2,345 | Month 1 |
Frequently asked questions
Is the Bank of America Travel Rewards worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $853 in year 1 and $603 a year after that, after no annual fee. It pays for its fee by month 1.
What is the Bank of America Travel Rewards welcome bonus?
25,000 points ($250 toward travel and dining) after $1,000 in purchases in the first 90 days.
Does the Bank of America Travel Rewards charge foreign transaction fees?
No. It charges no foreign transaction fee.
What isn't counted in its value?
Points are worth 1 cent as a statement credit toward travel and dining purchases.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.