Adam McCann, Financial Writer
@adam_mcan
You need at least 2,500 points for a flight with Bank of America because BofA requires cardholders to redeem at least 2,500 rewards points at a time. Bank of America rewards points are worth 1 cent each when redeemed for travel, so 2,500 points will cover $25 in airfare
The average fare for a flight in the first half of 2021 was $221, according to the Bureau of Labor Statistics, which would require 22,100 Bank of America rewards points. You don%t have to pay for the entire ticket with points, though. You can redeem for any amount above the $25 threshold.
To figure out the number of Bank of America rewards points you would need to book a flight, simply multiply the price of your ticket by 100. And keep in mind that Bank of America points are worth the most when redeemed for travel, so other redemption options may give you less value.
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People also ask
How much are Bank of America points worth?
Bank of America rewards points are worth up to 1 cent per point. The exact amount 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...
read full answer by Maria Adams, Credit Cards ModeratorHow many miles do I need for a free flight on American Airlines?
You need 7,500 to 35,000 AAdvantage miles for a free flight on American Airlines. The number of miles you need depends on the distance, which airport you fly into, and the dates of your trip. You can redeem 7,500 AAdvantage miles for a free one way domestic award flight at the standard award price.
How Many Miles You Need For a Free Flight on American Airlines
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Do Bank of America rewards expire?
Bank of America rewards do not expire as long as the account is open and in good standing. You will forfeit any rewards you have yet to redeem if you or Bank of America closes your account for any reason.
Although Bank of America rewards don't expire until the account is closed, it's still a good idea to redeem your rewards as often as possible. Just bear in mind that Bank of America will not allow...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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