Bank of America takes care of its bank account holders who also are in the business of racking up travel rewards. Here's a key thing to remember about accumulating points for travel with the Bank of America® Travel Rewards credit card.
Investment rewards: Cardholders of the Bank of America® Travel Rewards credit card earn 1.5 points per dollar spent. Members of the Preferred Rewards Program can earn even more, though. Cardholders can earn a 25%-75% bonus if their combined balance across Bank of America®, Merrill accounts hits certain tiers.
Gold: Cardholders must have a combined balance of at least $20,000 to earn a 25% bonus.
Platinum: Cardholders must have a combined balance of at least $50,000 to earn a 50% bonus.
Platinum Honors: Cardholders must have a combined balance of at least $100,000 to earn a 75% bonus.
Additionally, cardholders earn 3 points per dollar at the Bank of America® Travel Center.
And here's why our Nerds love this Bank of America card for booking travel and maximizing existing Bank of America accounts:
How to Maximize Your Rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:
Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Bank of America® Travel Rewards credit card
Flat-rate travel rewards: Capital One Venture Rewards Credit Card
Bonus travel rewards and high-end perks: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card
Planning a trip? Check out these articles for more inspiration and advice: 5 top perks of the Bank of America Travel Rewards credit card Bank of America credit cards mobile app review Fall 2018 hotel points promotions: Which ones are worth your time?