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Bank of America Points Value Calculator

Calculate the dollar value of Bank of America points when redeemed for airfare, cash back, dining, and more with our Bank of America Points Value Calculator.
Last Updated: 12-08-2024

Quick Overview

  • Redemption Options: Bank of America points can be redeemed for travel, dining, and cash back.
  • Maximize Value with Travel: The best value for Bank of America points is achieved through travel redemptions, offering a value of 1 cent per point. This applies to travel booked through Bank of America or charged to an eligible card.
  • Enhanced Airfare Value with the Elite Card: Points redeemed for airfare through the Bank of America® Premium Rewards® Elite Credit Card have an increased value of 1.2 cents per point, thanks to the card’s 20% boost to airfare redemptions.
  • Dining Statement Credits: Premium Rewards credit cardholders can redeem points for dining statement credits at a value of 1 cent per point.
  • Low Value for Cash Back: Cash back redemptions offer the lowest value at 0.6 cents per point.
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Bank of America points value

How much are Bank of America points worth? Bank of America points average

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:

Bank of America points value
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.

Bank of America points to dollars calculator

Use our Bank of America points to dollars calculator to convert points to cash value when redeemed for travel, dining, and cash back. This will give you an idea of how much your Bank of America points are worth on average.

Calculator: What's the cash value of your Bank of America points?

Enter any amount of Bank of America points into our calculator to find out how much they are worth based on our valuations.
Points
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

Average redemption value

The table below lists the value of Bank of America points for several denominations when valued at an average of 1 cent per point.

Bank of America points redemption value
Bank of America Points Cash Value
1 Point $0.01
1,000 Points $10
2,500 Points $25
5,000 Points $50
10,000 Points $100
20,000 Points $200
25,000 Points $250
50,000 Points $500
60,000 Points $600
75,000 Points $750
100,000 Points $1,000

How does Bank of America points compare?

Here's how the value of Bank of America points compare against rewards earned with other travel programs:

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Bank of America credit cards

Bank of America offers four credit cards which consists of three personal cards and one business credit card. All four cards participate in the Preferred Rewards program meaning that you can earn up to a 75% bonus based on your investements with Bank of America and their partners.

Click on a card to learn more. Each card has it's own rewards calculator which allows you to calculate total points and overall card value based on your monthly spend and how much you value card benefits, minus any annual fees.

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.

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