Does the Bank of America Travel Rewards Card have Car Insurance?

Overview of the Bank of America Travel Rewards Card

The Bank of America Travel Rewards Card provides a simple and straightforward way for cardholders to earn unlimited 1.5% cash back on all purchases around the world. With no rotating categories or tiered rewards, cardholders don’t have to worry about keeping track of various cash back categories. Instead, they can shop with the simplicity of knowing that all of their purchases will be rewarded.

Another great feature about this card is that cardholders don’t encounter pesky fees. The Bank of America Travel Rewards Card has no annual fee, no foreign transaction fee, and an overdraft protection system to help cardholders avoid paying overdraft fees.

Travel Services and Protections

The Bank of America Travel Rewards Card is a Visa Signature card, meaning cardholders get access to both Bank of America exclusive benefits and Visa Signature benefits. So while Bank of America may not offer certain travel protections on their website, cardholders still have access to protections and services for travel domestic and abroad. 

As part of its car insurance policy, Visa covers damages or thefts to rental cars when the Bank of America Travel Rewards Card is used to make the purchase. It is important to note that this only applies to rental cars and not personal or business vehicles. Similarly, trucks, cargo vans, and certain expensive vehicles will not be covered under Visa’s rental car insurance policy. To take advantage of this rental insurance policy, you must make sure to file your claim within 45 days of the incident or you may forfeit your right to be covered under Visa’s policies. 

Frequent drivers will also enjoy Visa’s Roadside Dispatch feature, which gives cardholders 24/7 roadside assistance. Roadside assistance includes:

• Towing for up to 5 miles free of charge
• Tire changing
• Jump starting
• Fuel delivery
• Standard winching

Lastly, if you encounter problems while traveling abroad or just want to make your trip easier, you have access to Visa’s 24/7 travel assistance hotline. You can use this feature to plan your trip, find legal assistance, contact emergency medical services, and much more. With the Bank of America Travel Rewards Card, cardholders don’t have to worry about an accident ruining their vacation on their next trip.

Conclusion

The Bank of America Travel Rewards Card offers plenty of travel protections, like car rental insurance, at an affordable price for many consumers. In conjunction with an unlimited 1.5% cash back on all purchases, cardholders are rewarded heavily for being an active user of the Travel Rewards Card. With all of this being said, the Bank of America Travel Rewards Card is a solid option to consider for cardholders looking to enjoy plenty of travel services when traveling abroad.