What can you redeem Bank of America points for?

With the Bank of America Travel Rewards credit card, you can redeem your points for cash, statement credits, gift cards or travel-related purchases. Unlike with other travel rewards programs, you can use your card to book travel anywhere you want, such as discount travel sites.

Do BOA credit card points expire?

As long as your account remains in good standing, Cash Rewards do not expire.

How many Bank of America points equal a dollar?

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.

How much is 2500 reward points worth?

You pay for travel as you normally would, using your credit card, and when the charge appears on your statement, you can erase the charge using “travel credits.” You’ll need 2,500 points to buy a $25 travel credit (1 cent per point). No need to plan ahead, book through a special portal or redeem anything in advance.

How do I claim my Bank of America Cash Rewards?

How to redeem cash rewards from Bank of America: Sign into your Online Banking account, select your Bank of America card, and click on the Rewards tab. If redeeming by phone, call (800) 434-8313. You will need to enter your account number and state that you’d like to redeem cash rewards.

What can you get with 25000 Bank of America points?

Bonus: 25,000 Points The Bank of America Travel Rewards card comes with a one-time 25,000-point welcome bonus after you spend $1,000 on your card in the first 90 days from account opening. Each point is valued at one cent; so the 25,000-point bonus is the equivalent of a $250 statement credit towards travel purchases.

How much are Bank of America points worth in cash?

between 0.6 cents and 1 cent per point
Bank of America Travel Rewards points have a value that can vary between 0.6 cents and 1 cent per point. Bank of America Premium Rewards points have a flat value of 1 cent per point, so cash back is your best option.

What are BofA points worth?

Bank of America rewards points are worth up to $0.01 (1 cent) per point, depending 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).

What is one Bank of America point worth?

How much are Bank of America points worth?

Bank of America Points have an average value of 1 cent per point. So 25,000 points would be worth $250 for example. The value of your points and how you can redeem them will vary based on whether you have a Premium Rewards or Travel Rewards credit card from Bank of America. Bank of America Points will have the best value when redeemed for travel.

How can I redeem my bank of America points?

Bank of America Points can be redeemed towards travel purchased through the Bank of America Travel Center. This will give your points a value of 1 cent each for Premium and Travel Rewards credit cards.

What are my bank of America preferred rewards benefits?

As a Preferred Rewards member, you can receive a 0.25%, 0.35% or 0.50% interest rate discount on a new Bank of America auto purchase or refinance loan. Overdraft Protection Transfer Fees waived on Balance Connect™ for overdraft protection transfers from your eligible linked savings, checking, credit card, or home equity line of credit accounts.

How do you View Bank of America catalog items online?

In order to see the catalog items, you need a Bank of America online ID and passcode. Create an ID and passcode by enrolling in the Bank of America online banking system. WorldPoints are points earned by using an eligible Bank of America credit card to make purchases, according to Bank of America.