Evelyn Boros, Credit Cards Moderator
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The best way to use Bank of America points is for travel, dining, cash back or gift cards, depending on the card. Bank of America® Travel Rewards credit card points are worth 1 cent when used for travel, for example, while Bank of America® Premium Rewards® credit card points are worth 1 cent when used for travel, cash back or gift cards.
Best Ways to Redeem Bank of America Points by Card
- Bank of America® Travel Rewards credit card: Travel (1 cent per point)
- Bank of America® Premium Rewards® credit card: Travel, dining, cash back, and gift cards (1 cent per point)
- Bank of America® Premium Rewards® Elite Credit Card: Travel and dining (1 cent per point)
You can learn more about the best ways to use Bank of America points from WalletHub’s Bank of America rewards program review.
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