How much are Bank of America Travel Rewards points worth? This question is about the Bank of America® Travel Rewards credit card

How much are Bank of America Travel Rewards points worth?

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

Michael Battle, WalletHub Credit Card Analyst

@mikebattle • 02/10/23 This answer was first published on 02/06/20 and it was last updated on 02/10/23.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 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.

The points are significantly less valuable when redeemed for gift cards or cash back. For example, each point is worth 0.6 cents when redeemed for cash back. Gift card redemption values vary by merchant.

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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 much are Bank of America Power Rewards points worth?

Bank Of America Power Rewards points are worth 1 cent each. You will get 3 points per $1 on gas, groceries or drugstores within the first 6 months of account opening and 1 point per $1 on all other purchases.

If you want to get more details on how the Bank Of America Rewards Program works, you can check out this review.

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How much is 25,000 travel points?

25,000 travel points are worth $250, on average, though the value depends on the card’s rewards program and the redemption method. For example, Bank of America Travel Rewards points are worth 1 cent per point when redeemed for travel, so 25,000 points are worth $250. For the best redemption value, travel rewards cardholders should redeem their points for travel.

A great travel rewards credit card is essential for any traveler who wants to make the most of their purchases....

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