Bank of America Travel Rewards Points Calculators

Bank of America Travel Rewards Points Calculators for calculating points based on monthly/yearly spend on BOA credit cards and cash value by redemption.

Program Details

The Travel Rewards Program is a bank rewards program offered by Bank of America. What makes this program stand out from others is that you can earn up to a 75% point bonus based on how much money you have invested with Bank of America, Merrill Edge and Merrill Lynch investing and trading accounts. For personal accounts the benefit is called Bank of America Preferred Rewards Client and for business accounts it's referred to as a Bank of America Business Advantage Relationship. This boosts from these benefits applies to all Bank of America Travel Rewards credit cards, Bank of America cash back credit cards and even some of their other credit cards such as the Norwegian (NCL) Mastercard and the AAA Member Rewards Visa.

The amount you have invested is based on a 3-month average in combined balances. The table below shows the bonuses you'll receive based on that average balance.

Bank of America Investment Bonuses
Level Bonus Rewards Required Balance
Gold 25% Bonus $20k to <$50k
Platinum 50% Bonus $50k to <$100k
Platinum Honors 75% Bonus $100k+

Along with bonus points, you'll also receive several other benefits when investing which includes:

  • Up to 20% Boost On Savings Account Interest Rate
  • Unlimited No-Fee ATM Transactions
  • Up to 100 $0 Stock and ETF Trades
  • Up to 0.15% Fee Discount
  • Up to $600 Reduction in Origination Fee For Mortgage
  • Up to 0.50% Interest Rate Discount on Auto Loans

Credit Card Rewards Calculators

The Bank of America Travel Rewards Credit Card Point Calculators will calculate how many Bank of America Points you can earn based on your monthly/yearly spend across categories. It will also output the cash value of the card based on your spend, how much you have invested with Bank of America, how much you value the card benefits, and annual fees.

compare bank of america credit cards
Compare credit cards side by side based on spend, investments, benefits and fees.

You can compare the results side by side any credit cards featured on the site to find out which earns you the most rewards and the best return. If cookies are enabled, all spend entered (primary/first column only) will carry over to all credit card calculators on the website.

Travel Rewards Credit Card Calculators

Bank of America has three Travel Rewards credit cards. This consists of two personal cards and one business card. The Premium Rewards Card offers points across travel & dining along with a few travel perks and credits. The personal and business Travel Rewards Card both offer a flat earning rate on all categories and double points on purchases made on the Bank of America Travel Portal.

Redeeming Rewards & Cash Value

Bank of America Points are worth 1 cents each and can be used for travel, gift cards, and cash back. You cannot transfer Bank of America points to other programs such as frequent flyer or hotel loyalty programs. The program is pretty straightforward.

Travel Rewards Points Value Calculator
All Redemptions
1 cent

Bank of America Travel Center

Travel Rewards Points used in the Bank of America Travel Center are worth 1 cents each. Since Travel Rewards Points aren't transferable, this is your only option when it comes to booking travel directly. The Bank of America Travel Center allows you to book flights, hotels, and car rentals. While this is another straightforward option, this is not the best use of points since you cannot double and triple dip rewards.

Gift Cards

Bank of America Travel Rewards Points can be redeemed for gift cards for a value of 1 cents per point. Bank of America has a hefty amount of gift card options to choose from ranging from dining to entertainment to retail.

Earn Expedia Rewards, cash back with Rakuten, AND redeem your Bank of America Travel Rewards Points.

Cash Redemptions

Bank of America Travel Rewards Points are valued at 1 cent apiece for cash redemptions. This is the best redemption method for using BOA Points since it allows you to double/triple dip on rewards.

For this example, lets say you have 30,000 Travel Rewards Points and you're looking to book a stay at a hotel that costs a total of $300. Redeeming your points directly on the Bank of America Travel Center would save you the full $300 since points are worth 1 cent each. You would pay nothing out of pocket and would also not earn any type of rewards.

Now lets say you use the Bank of America Travel Rewards Card to pay for your hotel either direct or through an online travel agency (OTA) using a cash back portal. Once the charge posts, you can use the same 30,000 points to wipe cover the $300 hotel cost, but you've now earned BOA Points on the booking, either hotel rewards points or points with the OTA, and cash back booking through the portal. Cash redemptions is the way to go.

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