How To Redeem Your Bank Of America Travel Rewards

How to redeem your Bank of America travel rewards
Sara Valeria 2nd Nov, 2022 Travel

If you're a Bank of America customer, you may be wondering how to redeem your travel rewards points. Here's a step-by-step guide.

1. Log in to your online banking account and navigate to the travel rewards section.

2. Find the redemption option that best suits your needs. You can book travel directly through the Bank of America travel center, transfer points to one of the bank's airline or hotel partners, or use points to cover travel expenses that you've already charged to your credit card.

3. If you're booking travel through the Bank of America travel center, search for flights, hotels, or rental cars and select the option to pay with points.

4. If you're transferring points to an airline or hotel partner, you'll first need to create an account with that partner. Then, log in to your online banking account, navigate to the travel rewards section, and select the option to transfer points. Enter the number of points you want to transfer and follow the instructions to complete the transaction.

5. If you're using points to cover travel expenses that you've already charged to your credit card, log in to your online banking account and navigate to the travel rewards section. Select the option to redeem points for travel expenses and enter the amount you want to redeem. Your points will be applied to the charges on your credit card statement.

Bank of America offers a few different ways to redeem your travel rewards points. You can book travel through the bank's online portal, over the phone, or through a travel agent. You can also redeem points for cash back, gift cards, or merchandise.

If you book travel through Bank of America, you'll get a 10% points bonus. That means if you have 20,000 points, you'll get 2,000 extra points to use toward your travel. You can book airfare, hotels, rental cars, and more through the bank's portal.

You can also redeem your points for cash back. You can get a statement credit or have the cash deposited into your Bank of America account. The cash back redemption option starts at 2,500 points for a $25 credit or deposit.

If you prefer, you can redeem your points for gift cards. Bank of America offers a variety of gift cards, including ones for restaurants, retail stores, and more. The number of points you'll need for a gift card varies, but starts at 2,500 points for a $25 gift card.

Finally, you can also redeem your points for merchandise. Bank of America has a partnership with Amazon, so you can use your points to shop on the site. The number of points you'll need for an Amazon purchase varies.

No matter how you redeem your points, Bank of America travel rewards points are worth 1 cent each. So, 20,000 points is worth $200.

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