How do I transfer Bank of America points? This question is about Bank of America Credit Cards

How do I transfer Bank of America points?

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This question is about Bank of America Credit Cards

Cameron DiGiovanni, Writer

@cdigiovanni20 • 06/16/21 This answer was first published on 06/16/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Bank of America cardholders cannot transfer points to travel partners such as hotels or airlines. Instead of transferring points, Bank of America cardholders can redeem points for travel through the Bank of America rewards program. When booking travel through Bank of America, you can still pay for flights and hotel rooms with providers such as Alaska Airlines, Virgin Atlantic, and Sonesta.

Redeeming Bank of America rewards points for travel will get you up to 1 cent per point. Also, remember that if you have multiple Bank of America cards, you may be able to pool your points from all your cards.

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How much are Bank of America rewards points worth?

Bank of America rewards points are worth up to 1 cent per point. The exact ammount 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...

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How do I redeem my Bank of America rewards?

To redeem Bank of America rewards, sign in to your online account and select the “Rewards” tab, which will show the available cash back, points, or miles, along with the different redemption options. It’s also possible to redeem rewards through the Bank of America mobile app or by calling (800) 434-8313 and pressing 2. This line is available Monday to Friday, 9 a.m. to 9 p.m. ET.

Best Way to Redeem Bank of America Rewards

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Cash back vs. points: does it make a difference?

The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...

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