How to redeem Bank of America Travel Rewards points for maximum value
Bank of America has a slew of cashback and travel rewards cards under its own banner, and it even added 2 new cashback cards to its offerings last year - the Unlimited Cash Rewards and the Premium Rewards Elite credit cards. One of its older offerings is the no fee Bank of America Travel Rewards credit card which earns 1.5 points everywhere. Comparing 4 Bank of America Rewards cards. All images from bankofamerica.com. If you go through the usual Travel Rewards redemption options, then the maximum value that you can get by using the points is as travel statement credit. That is, you can get 1 cent a point towards purchases made on the card in the travel category which includes airfare, hotels, transit and tolls, etc. Bank of America Travel Rewards Card's basic redemption options. But if you were a heavy spender on the card, for example because of an extra 2% offer , then you might soon run out of travel purchases to redeem, leaving you with poor redemption options like gift car...