Sydney Garth, Credit Cards Moderator
@sydneygarth
The best way to use Bank of America® Travel Rewards credit card points is for a statement credit for travel purchases. Bank of America Travel Rewards credit card points are generally worth 1 cent per point when redeemed this way, which is more value than the other redemption methods provide.
Ways to Redeem Bank of America Travel Rewards credit card Points
- Statement credit for travel purchases: 1 cent per point
- Gift cards: Value varies
- Cash back: 0.06 cents per point
You can learn more about the best ways to use Bank of America Travel Rewards credit card points from WalletHub’s Bank of America Travel Rewards credit card review.
Bank of America® Travel Rewards credit card
Bank of America® Travel Rewards credit card
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People also ask
How can I redeem my Bank of America Travel Rewards points?
You can redeem Bank of America Travel Rewards credit card points by logging in to your account on the BofA website or mobile app, or by calling (800) 268-7800. Points can be redeemed for statement credits to cover eligible travel purchases made within the past 12 months, as well as for gift cards or cash back.
How to Redeem Bank of America Travel Rewards credit card Points Online
- Log in to your Bank of America account online.
- Select the Bank of America Travel Rewards credit card.
- Click on the “Rewards” tab.
- Browse the...
How much are Visa rewards points worth?
Visa rewards points are worth around 1 cent each, on average, depending on the specific credit card and how you redeem the points. While Visa itself doesn't issue rewards, many credit cards on the Visa network do—through banks and credit unions that manage their own rewards programs.
Point Values for Popular Visa Credit Cards
| Visa Credit Card | Issuer | Point Value | ... |
What is the difference between cash back and points?
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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