Bank of America is offering
25,000 online bonus points after you spend at least
$1,000 on purchases in the first
90 days of account opening - that can be a
$250 statement credit toward travel purchases - with their
Bank of America® Travel Rewards credit card. No Annual fee.
Card Details:
- Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
- 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
- Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
- Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
- If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Slickdeals may be compensated by Bank of America.
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49 Comments
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As mentioned in the post,
"Redeem points for a statement credit to pay for travel or dining purchases"
Historically, in addition to the more obvious travel categories, I've also been eligible to claim points on transactions for public transport, rideshare, bike share, restaurants, bars, and food delivery apps. It is also possible to claim points for public parking and tolls.
Super useful abroad as well (no annual fee, no foreign transaction fee, flat 1.5% points rate, and don't need to worry about categories). Every category listed above applies even when the businesses are in other countries.
I never run out of transactions to apply my points to. I imagine the demographic that's typically interested in a 1.5% everything, no foreign transaction fee card would be in a similar boat!
Domestically, Citi Double Cash is a great no annual fee option for those who don't want to think about categories (2% everything).
Instead of Citi double cash which gives you 1 % in the next statement and 1% after you pay, Wells Fargo active cash is also a good alternative which 2% cash back on the statement date.
Its the highest cash back, no annual fees, no foreign transaction fees.
I am planning to move all my cash from Bank of america checking/savings to fidelity brokerage account for 4.99$ APR. So now my cash back will drop from 2.62% to 1.5%. I have citi bank with 2% cash back. Wondering if there are any other cards with more than 2% cash back with no annual fee?
Bank of America Customized Cash Rewards Credit Card (the red one) will give you 3% back on your selected category (I've chosen "online shopping") though there is a quarterly limit. If you're a BofA Preferred customer you'll get a 25-75% bonus on your cash back depending on your tier (yes, you could get up to 5.25% back). There's no annual fee however it does have foreign transaction fees as I accidentally discovered a few years ago (thanks Mojang). Right now there is a $200 sign-up bonus when you spend $1000 in the first 90 days.
If you're a Costco member then it's a no brainer to get the Citi Costco Anywhere Visa card - 4% on gas and EV charging (for the first $7000/yr), 3% on restaurants and travel, 2% on Costco warehouse and Costco.com online purchases. There are no annual fees and no foreign transaction fees either.
The Discover it Cash Back Credit Card will give 5% cash back on up to $1500 in different category purchases each quarter (need to activate the category however). At the end of your first year they will match all of the cash back you've earned with no limit.
Bank of America Customized Cash Rewards Credit Card (the red one) will give you 3% back on your selected category (I've chosen "online shopping") though there is a quarterly limit. If you're a BofA Preferred customer you'll get a 25-75% bonus on your cash back depending on your tier (yes, you could get up to 5.25% back). There's no annual fee however it does have foreign transaction fees as I accidentally discovered a few years ago (thanks Mojang). Right now there is a $200 sign-up bonus when you spend $1000 in the first 90 days.
If you're a Costco member then it's a no brainer to get the Citi Costco Anywhere Visa card - 4% on gas and EV charging (for the first $7000/yr), 3% on restaurants and travel, 2% on Costco warehouse and Costco.com online purchases. There are no annual fees and no foreign transaction fees either.
The Discover it Cash Back Credit Card will give 5% cash back on up to $1500 in different category purchases each quarter (need to activate the category however). At the end of your first year they will match all of the cash back you've earned with no limit.
With that being said, i still might get the BoA card. I have a checking account there too since i will be traveling abroad more.
I am considering a move in the opposite direction, just not sure all the work is worth the trouble.
Merrill Edge® Individual Cash Management Account®???
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I plan to by extended warranty for my car and I can use this card?
I recently learned that auto rental insurance is excluded from Tesla specifically in the documents.
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