4 Reasons to Get a Bank of America Travel Rewards Credit Card

Rewards credit cards that charge an annual fee create a dilemma: If you don’t use your card often enough, you won’t earn enough rewards to make the fee worthwhile. You can end up losing money on a card that was supposed to get you valuable travel rewards.

The Bank of America® Travel Rewards credit card’s $0 annual fee solves this conundrum. This card can gather dust in your wallet for months or even years without costing you a cent.

This card has more to offer than just its $0 annual fee. Here are several reasons to get a Bank of America® Travel Rewards credit card:

» Learn more: Bank of America® Travel Rewards review: Easy rewards for easy travel

Easy bonus points

A lot of cards make you spend $3,000 or more in the first three months to earn a welcome bonus. The Bank of America® Travel Rewards credit card offers 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.. If you pay off your balances before interest and fees accrue, it’s a nice way to generate some extra travel funds.

Straightforward earning

A lot of cards earn 1 point for every dollar you spend on most things. Some cards will give you a boost to 2 to 3 points per $1 in a few categories, like gas stations, travel or restaurants. The Bank of America® Travel Rewards credit card is simpler and more straightforward: Cardholders earn 1.5 points per $1 spent on all qualifying purchases.

This works out especially well for users who do the bulk of their spending at department stores, e-commerce sites and other merchants that don’t fit into common bonus spending categories.

You can spend your points on travel or get cash back

The points earned from the Bank of America® Travel Rewards credit card can be redeemed for travel or cash back. You can use your card to purchase travel from just about any provider you like, then redeem points for a statement credit.

» Learn more: Is the Bank of America® Travel Rewards credit card right for me?

Don’t have any travel plans? You can also redeem points for a check or electronic deposit into your Bank of America® checking or savings account at a rate of $15 per 2,500 points. Not a great redemption, but an option nonetheless.

You can see your FICO score

The days of wondering about your FICO score are over. With the Bank of America® Travel Rewards credit card, you can check your score, which is updated monthly. It’s a nice little perk that lets you stay on top of your credit and combat identity theft.