Maria Adams, Credit Cards Moderator
@m_adams
Bank of America rewards points are worth up to 1 cent per point. The exact amount depends on which BofA rewards card you have and how you redeem the points.
For example, points from the Bank of America® Travel Rewards credit card are worth $0.01 each when redeemed for travel credits (1,000 points = $10). They’re worth $0.006 per point (1,000 points = $6) when redeemed for cash, and gift card redemption values vary.
Meanwhile, all points earned with the Bank of America® Premium Rewards® credit card are worth $0.01 per point.
Other points-earning BofA credit cards are co-branded with specific companies. The Free Spirit Airlines Credit Card, and the Free Spirit Airlines Credit Card with No Annual Fee are a few of them. Many have different point-redemption values, too.
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Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
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People also ask
How much are Bank of America Travel Rewards points worth?
The Bank of America Travel Rewards credit card points are worth 1 cent each when redeemed for travel and dining purchases. For example, 10,000 Bank of America Travel Rewards credit card points are worth $100 in travel expenses. Redeeming for travel and dining is your best option with this card. There are other redemption options available as well, though their value may vary.
How Much Bank of America Points Are Worth
| Number of BofA Points: | Redemption Option: | Average Value: |
How much are Bank of America points worth?
Bank of America rewards points are worth up to 1 cent per point. The exact amount depends on which BofA rewards card you have and how you redeem the points.
For example, points from the Bank of America® Travel Rewards credit card are worth $0.01 each when redeemed for travel credits (1,000 points = $10). They’re worth $0.006 per point (1,000 points = $6) when redeemed for cash, and gift card redemption values vary.
Meanwhile, all points earned with...
read full answer by Maria Adams, Credit Cards ModeratorHow can I redeem my Bank of America cash rewards?
The easiest way you can redeem your Bank of America cash rewards is either online or through the mobile app. Alternatively, you can do it over the phone, by calling customer service at (800) 434-8313.
How to Redeem Your Bank of America Cash Rewards Online
- Log in to your Bank of America credit card account.
- Select the “Rewards” tab.
- Choose a redemption option.
- Select the amount of cash back to redeem.
- ...
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