Evelyn Boros, Credit Cards Moderator
@evelyn_boros
The Bank of America Travel Rewards credit card minimum payment is $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the Bank of America Travel Rewards credit card minimum payment will be equal to the balance. In addition, if you recently missed a payment, Bank of America may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your Bank of America Travel Rewards credit card account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
Bank of America® Travel Rewards credit card
People also ask
How do I set up automatic payments on my Bank of America credit card?
The easiest way you can set up automatic payments on your Bank of America credit card is by logging in to your online account. Alternatively, you can set up autopay by using the Bank of America mobile app. But in order to be eligible to make automatic payments on your Bank of America credit card, whether online or via the app, you must first be enrolled in electronic billing.
How to Set Up Bank of America AutoPay Online
- Log in to your...
How much is the Bank of America credit card late fee?
The Bank of America credit card late fee is up to $40 for personal cards and up $49 for business cards. Bank of America charges a late fee if you don’t make at least the minimum payment by your due date. A late payment fee will not exceed the total minimum payment that was due.
If your balance is $100 or less on the due date, you will not be charged a Bank of America credit card late...
read full answerWhat is my Bank of America credit card due date?
Your Bank of America credit card due date is at least 25 days after the end of each monthly billing cycle. Cardholders can find their specific Bank of America credit card due date listed on the online account details page, as well as on the monthly statement. The exact due date differs from person to person, depending on when the account was opened.
The monthly statement will also list the minimum amount the cardholder has to pay by...
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