BANKAMERICARD TRAVEL AWARDS - MONEY - 2020 - News-Credit-Mortgage-Coin


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Monday, March 9, 2020


It is one of three travel award cards in our review for which there is no annual fee.

There are not many travel benefits with this card. There is a lack of priority boarding and free baggage control.

The BankAmericard Travel Rewards® is an airline miles credit card that uses a points system. Earn 1, 5 points for every dollar you spend, which you can redeem for a number of different travel rewards, including airline miles rewards.

While this airline miles credit card does not offer travel benefits, it does include a concierge service and annual bonus points for eligible members. As with the other frequent flyer credit cards we've reviewed, you don't have to worry about using your points to book travel. In addition, this award card for airline miles offers new cardmembers an average registration offer. If you spend $ 500 within the first 90 days of receiving your card, Bank of America will give you 10,000 bonus airline miles.

The main features of this air miles map are a little tricky. Bank of America does not automatically offer many common functions such as breakdown assistance or an extended product guarantee. These are only available to card members, depending on the approval of the account. This means that the benefits can be different for each person. You must, therefore, check whether the desired functions are available in the cardmember agreement. However, Bank of America is automatically not responsible and there is no expiry date or total points limit.

This air mileage card is one of two in our review that provides an introductory 0% annual percentage for purchases made in the first 12 months that you have the card. After the first 12 months, you can expect a variable annual interest rate of 14.99% to 22.99% for your purchases as well as for all balance transfer transactions. If you want to use this card for cash advances, the annual interest rate is a bit tricky. For direct deposits and check advances, your annual interest rate is 22.99%, while bank advances have a higher annual interest rate of 24.99%. In addition, a 29.99% penalty interest rate is attached to this card.

The best thing about this airline mileage card is that it doesn't charge an annual fee, which makes it an attractive and affordable option. This card is also free for international purchases. So you can also buy goods while traveling abroad without paying an additional fee for the items you bought.

Other fees associated with this card are the minimum fee of $ 10 or 3% for each prepayment or transfer you make. If you fail to make your monthly payment within the 25 day grace period, a fee of up to $ 35 will be added to your account.

With Bank of America, it is very easy to contact member support. The company is available 24 hours a day, 7 days a week, and you can also reach a customer service representative via live chat. In addition, Bank of America lists many frequently asked questions on its website for reference.

The BankAmericard Travel Rewards® airline miles credit card is great for earning points that you can redeem for travel. However, it is used in many areas, such as. B. the travel benefits and main features, not met. However, with this card you do not pay an annual fee.

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