What's the value of Bank of America points?
Bank of America points are worth 1 cent apiece on average. This means that 10,000 points are worth $100 in value.
Here's our breakdown on Bank of America points value based on redemption:
| Redemption option | Bank of America points value (in cents) |
|---|---|
| Redeeming points for airfare | 1 - 1.2 |
| Redeeming points for other travel | 1 |
| Redeeming points for dining | 1 |
| Redeeming points for cash back | 0.6 |
Bank of America Travel Center
Bank of America points can be redeemed towards travel purchases made through the Bank of America Travel center. This will give you a value of 1 cent per point meaning that 10,000 points is equal to $100 in travel value.
If you have the Bank of America® Premium Rewards® Elite credit card you'll save 20% on domestic or international airfare for any class when you pay with points. This gives you a slightly higher value of 1.2 cents per point.
Travel purchases made to the card
Travel purchases made to a Bank of America Travel Rewards or Premium Rewards card can be wipe away using points for a statement credit at a value of 1 cent each. This means that 10,000 points can wipe away $100 in travel charges made to the card.
Travel includes airfare, hotels, car rentals, cruises, campgrounds, amusement parks, aquariums, and zoos.
Dining purchases made to the card
Dining purchases made to a Bank of America Travel Rewards or Premium Rewards credit card can be wiped away using points for a statement credit at a value of 1 cent apiece. This means that 10,000 points can wipe away $100 in dining charges.
Cash back
Bank of America points can be redeemed for cash back at a value of 0.6 cents per point. This means that 10,000 points could be redeemed for $15 in cash back. I highly recommend avoiding this redemption as this offers the lowest value.
Calculator: Convert Bank of America points to cash
Use the Bank of America Points Value Calculator to determine the cash value of Travel Rewards and Premium Rewards points. This will give you an idea of how much your Bank of America points are worth on average.
Bank of America Points Value Calculator
| Redemption | Average Dollar Value |
|---|---|
| Bank of America Travel Center airfare as a Premium Rewards Elite cardholder | $0 |
| Redeeming points for airfare and other travel | $0 |
| Redeeming points for dining | $0 |
| Redeeming points for cash back | $0 |
Bank of America points value versus other travel programs
Here's how the value of Bank of America points compare against rewards earned with other travel programs:
FAQs
How much are Bank of America Points worth?
Bank of America points earned with Travel Rewards and Premium Rewards credit cards are worth 1 cent each on average.
How much are 1,000 Bank of America points worth?
1,000 points are worth $10 in travel or dining with Travel Rewards cards and $10 for all redemptions for Premium Rewards credit cards.
How much are 2,500 Bank of America points worth?
2,500 points are worth $25 in travel or dining with Travel Rewards cards and $25 for all redemptions for Premium Rewards credit cards.
How much are 10,000 Bank of America points worth?
10,000 points are worth $100 in travel or dining with Travel Rewards cards and $100 for all redemptions for Premium Rewards credit cards.
How much are 25,000 Bank of America points worth?
25,000 points are worth $250 in travel or dining with Travel Rewards cards and $250 for all redemptions for Premium Rewards credit cards.
How much are 50,000 Bank of America points worth?
50,000 points are worth $500 in travel or dining with Travel Rewards cards and $500 for all redemptions for Premium Rewards credit cards.
We've run the calculations and checked them twice — here are the credit cards that consistently provide outstanding value to our users:
- Best flexible travel card: Capital One Venture Rewards Credit Card
- Best overall value year after year: Chase Sapphire Preferred® Card
- Best for high cash back: Blue Cash Preferred® Card from American Express
- Best for lounge access & luxury travel: The Platinum Card® from American Express
- Best for business travel rewards: Ink Business Preferred® Credit Card
- Best for heavy business spend: Capital One Spark Cash Plus
