What is the Bank of America Travel Rewards credit card credit score requirement? This question is about the Bank of America® Travel Rewards credit card

What is the Bank of America Travel Rewards credit card credit score requirement?

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This question is about the Bank of America® Travel Rewards credit card

Lisa Cahill, Credit Cards Moderator

@lisacahill • 07/15/21 This answer was first published on 07/15/21. 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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The Bank of America® Travel Rewards credit card credit score requirement is 750 or better. That means people with excellent credit have a shot at getting approved for the Bank of America Travel Rewards credit card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Bank of America Travel Rewards credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Bank of America Travel Rewards credit card credit score requirement. You can check your credit score for free on WalletHub.

William Drake, WalletHub Analyst

@will_drake • 01/06/19 This answer was first published on 01/07/19 and it was last updated on 01/06/19.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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You will need a credit score of at least 750, which is excellent credit, to qualify for the Bank of America Travel Rewards credit card. Other than excellent credit, they'll want a credit utilization lower than 30% and flawless payment history on your other credit accounts. But I guess that comes by default with excellent credit.

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Bank of America Credit Score Requirements by Card

Bank of America® Customized Cash Rewards Secured Credit Card: 300 (Bad credit)

Sonesta Credit Card: 700 (Good credit)

Alaska Airlines Credit Card: 700 (Good credit)

Bank of America® Travel Rewards Credit Card for Students: less than 3 years of credit history (Limited History credit)

BankAmericard® Secured Credit Card: 300 (Bad credit)

Bank of America® Premium Rewards® credit card: 750 (Excellent credit)

BankAmericard® credit card: 750 (Excellent credit)

Bank of America® Travel Rewards credit card: 750 (Excellent credit)

Bank of America® Customized Cash Rewards credit card: 750 (Excellent credit)

Norwegian Cruise Line® Credit Card: 700 (Good credit)

Keep in mind that it’s best to wait to apply for a given card until you meet the credit score requirement. You can check your credit score for free on WalletHub.

You should also note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for a Bank of America credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

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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 BofA Travel Rewards points are worth $100 in travel expenses. Redeeming for travel and dining is your best option with this card.

These points are significantly less valuable when redeemed for a gift card, for cash back or for a miscellaneous item such as a charitable donation. For example, each point is worth 0.6 cents when redeemed for cash back. Gift card redemption values vary by merchant.… read full answer

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How can I redeem my Bank of America Travel Rewards points?

You can redeem Bank of America Travel Rewards points for a statement credit to cover dining or travel purchases made in the past 12 months. BofA Travel Rewards points can also be used for gift cards or for cash back, via paper check or a Bank of America deposit-account credit. You can redeem your points by signing in to your account … read full answer online or on the BofA mobile app, or by calling (888) 268-7800. The Bank of America Travel Rewards credit card gives at least 1.5 points per $1 spent on purchases, so that can add up quickly.

How to Redeem Bank of America Travel Rewards Points Online

Select the Bank of America Travel Rewards credit card.

Click on the “Rewards” tab.

Browse the rewards options and redeem your Travel Rewards points.

If you travel frequently, you should have no trouble redeeming your Bank of America Travel Rewards points. While you can’t actually use points to purchase travel directly, you can pay for a travel purchase with the card through the BofA Travel Center and earn 3 points per $1 spent. Two days later, you can redeem those points to count toward the travel purchase as long as you have at least 2,500 points ($25 travel value).

If you don’t want to wait, you can redeem immediately for cash back once you’ve collected at least 2,500 points ($15 cash back value). But you’ll need at least 3,125 points to use Travel Rewards points for gift cards.

One great thing about redeeming Bank of America Travel Rewards points for your travel purchases is BofA’s broad interpretation of what counts as a travel purchase. You can use points toward purchases at places like circuses, art galleries, amusement parks, tourist attractions, boat rental agencies, and zoos, along with your ordinary travel expenses like plane tickets and hotel reservations. And unlike a lot of other credit card companies, BofA counts Airbnb rentals in its travel category, which lets you use your points toward those purchases.

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