How does Bank of America Travel Rewards work?

The Bank of America Travel Rewards program is simple and can help you earn points on all your purchases. It offers 1.5 points per every $1 you spend on all purchases with no expiration date. This means no matter what you are doing you can always earn points towards your next big purchase. What is even better is that you can earn 25,000 points if you make $1,000 in purchases within the first 90 days of account opening. With this card, you can earn points towards all of your travel-related purchases. 

Bank of America Preferred Rewards Program

Bank of America also offers a preferred rewards program that lets you earn more points based upon your balance with the bank. You can earn more rewards with every purchase if you have the required bank balance with Bank of America. If you're a Preferred Rewards member, you can earn 25% - 75% more points on purchases. 

What can I use my Rewards Points on?

You can use your rewards points on all travel-related purchases because the points are redeemed in the form of travel credit which is applied to your payments as a statement credit to offset any travel purchases you made. Furthermore, when you book through the Bank of America Travel Center, you get the equivalent value of 3 points per every $1. These points can go towards any travel-related purchase and are not restricted to a specific airline or hotel chain.

How do I redeem my points?

You can redeem points as travel credit starting at 2500 points meaning that you must have a minimum of 2500 points before you can start earning rewards. These rewards can be used on all travel-related purchases from airfare to parking expenses and will be directly applied to your account. All you have to do is use your card to make the purchase and then either call or use the online banking app to apply the rewards. These rewards have no blackout dates or restrictions which gives you the flexibility to apply them anywhere. 

Takeaways

The Bank of America Travel Rewards program is perfect for anyone who wants a flexible travel rewards program. Although the rate at which you earn points is not as high, they can be applied to anything travel-related and never expire so you can save them up for a big purchase. You even get more rewards by booking through the Bank of America Travel Center. Overall, this rewards program is simple and can help you save on all travel purchases.