Here’s the really cool thing about the BankAmericard Travel Rewards credit card: If you spend over a thousand dollars in your first ninety days of using the card, you get 20,000 bonus points. That’s $200 in travel points before we’ve even counted the 1.5 points you get for every dollar spent. Essentially you could be looking at a free plane ticket if you pay for gas and groceries with the card for three months. But one really great bonus is not reason enough to settle on a card, so what else does it have to offer?
Who’s it for?
Truth be told, if you don’t do your fair share of traveling then you don’t have much reason to apply for a BankAmericard Travel Rewards credit card. It’s one of the better cards out there for building up travel points, and can really put a dent in your vacation or business travel costs, but not everyone will make the best use of the card.
What are the Rates and Fees?
- APR: Varies depending on your balance. You’ll need to see terms to check what you’ll be paying.
- Reward rate: 1.5 per $1, but this can be a bit higher depending on your balance. With a balance of $50k, for instance, you could be looking at a 2.625 percent rewards rate, placing it among the best rewards cards on the market.
- Annual fee: None
Some users have pointed out that 1.5 points per dollar spent is a little below average, while the 2.625 percent reward for those with a $50k balance is well above average, and the 20,000 bonus points offer is among the best on the market right now. In other words, while there are better cards for those who will be maintaining a smaller balance, the card is among the very best available for frequent travelers with a healthy budget.