Bank Of America Travel Rewards Credit Card Benefits
- $0 Liability Guarantee: Cardholders are not liable for fraudulent transactions.
- Digital Wallet Compatible: Compatible with Apple Pay, Google Pay and Samsung Pay.
- FICO Score: Free monthly FICO Score update within the mobile or online banking apps.
- Visa Signature Perks: As a Visa Signature card additional perks include extended warranty protection, travel emergency assistance, lost luggage reimbursement, roadside dispatch, auto rental collision damage waiver and purchase security.
- Travel and Emergency Assistance Services: Get access to a multilingual call center 24 hours a day 365 days of the year. Services include pre-trip assistance, medical referral assistance, emergency transportation assistance, emergency message service, prescription assistance and valuable document delivery arrangements, legal referral assistance, emergency ticket replacement, lost luggage locator service and emergency translation service.
Does Bank Of America Credit Card Have Extended Warranty
The Bank of America Cash Rewards card offers a maintenance agreement program that pairs the producers guarantee term, however just up to a limit of one extra year. The maximum coverage amount is $10,000, and cases must be documented inside 60 days of the loss event.
Maintenance agreement benefits are commonly overseen with Visa installment organizations- American Express, Visa and Mastercard- as opposed to credit card issuers like Chase, Citi, Wells Fargo or your nearby bank. The only network that doesnt offer service agreements is Discover, which discontinued in 2018.
Travel Insurance Is A Perk Frequently Offered By The Best Travel Credit Card Select Reviews The Most Common Types Of Travel Insurance Offered By The Best Travel Rewards Credit Cards So You Can Make Sure Your Next Trip Is Protected
Selects editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
Vacation should be relaxing, but there are plenty of things that can go wrong: Your flight is delayed or your luggage gets lost. You may wind up booking last-minute hotel accommodations or repurchasing the lost items, and find yourself spending a lot of extra money you didn’t plan for.
But it can be a lot less expensive managing these travel disruptions if you paid for eligible travel, such as the flight, hotel or car rental, with a credit card. Many of the best travel credit cards offer travel insurance that can cover the cost of unexpected expenses.
The specific terms of the travel insurance benefits vary by card issuer. In most cases, you have to pay for your trip in full with your credit card, though some card issuers only may require a portion of the trip to be paid with the eligible card. And card issuers often implement different limitations on the coverage you receive and what expenses are eligible for protection. Make sure you review the specific terms before booking travel.
Below, Select reviews the types of travel insurance offered as a credit card benefit, along with a list of cards that provide these kinds of travel protections.
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Bank Of America Credit Card Benefits Guide
If you own a Bank of America Credit Card, there are certain benefits and perks that come with it. Lets get into details.
Museums: If you love visiting museums and make a trip frequently, you must be hating the entry fees that come with each visit. Bank of Americas Museums on Us credit card benefit can help. Simply present your Bank of America, Merrill, or U.S. Trust credit card or debit card with a matching photo ID and youll get one free admission to participating museums.
Rewards Program: With the improved version of Bank of Americas rewards program, you can receive a cashback of 3% on these categories: gas, online shopping, dining, travel, drug stores and home improvement/furnishings.
Bonus rewards: The Preferred Rewards Program by the Bank of America gives users a benefit of 25% to 75%- for gold members it is 25%, for platinum it is 50% and for platinum honors it is a cashback reward of up to 75%. The cards that qualify for this bonus are:
- Bank of America Cash Rewards credit card
- Bank of America Travel Rewards credit card
- Bank of America Premium Rewards credit card
- Most Bank of America branded consumer credit cards qualify as long as the account is open and in good standing.
Purchase protection perks: If you have made a purchase with Bank of Americas credit cards, and the items are damaged or lost within 90 days of purchase, you can make a reimbursement claim of $10,000.
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Bank Of America Credit Card Benefits And Perks
Modified date: Dec. 16, 2021
Bank of America offers a handful of rewards credit cards worth considering solely on the merits of the rewards you can earn. They offer strong cash back categories that many consumers will appreciate.
When you add in some of the unique benefits that Bank of America offers on some or all of their credit cards, it makes the decision to apply for one of their credit cards much easier. Here are some of the best Bank of America credit card benefits you should know about.
Which Travel Protections Should You Look For
These are some of the most common travel protections youll find among travel credit cards:
- Trip delay insurance: If your flight is delayed more than a set amount of hours, you can receive reimbursement for meals and lodging
- Baggage insurance: If your baggage is delayed more than a certain amount of time or lost, you can be reimbursed for part of the cost of your luggage and belongings
- Trip cancellation/interruption coverage: If your trip is canceled or cut short by covered situations , you can get reimbursed for prepaid, non-refundable expenses
- Travel accident insurance: Receive coverage for accidental death or dismemberment during your travels
- Auto rental coverage: If your rental car is damaged or a theft occurs during your rental period, you can be reimbursed. Primary insurance means that this coverage applies first, no matter what type of other personal insurance you might have secondary insurance means that your credit card issuer will pay the amount not covered by your other personal insurance policy.
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Does Bank Of America Reimburse Stolen Money
What do I do if my card or checks were lost or stolen? You’re protected by Bank of America’s $0 Liability Guarantee: Fraudulent transactions made using Bank of America credit and debit cards are covered as long as you report them promptly please visit our account and card security page for additional details.
Have A Lost Stolen Or Damaged Card Need Emergency Cash
Visa will block your card and connect you with your financial institution/Bank. Following bank approval, cardholders can also get an emergency card replacement within one to three business days*. Alternatively, Visa can arrange for cash to be available at a location near you usually within hours of your bankâs approval.
*Some restrictions/limitations apply
If your Visa card is ever lost or stolen, weâll help you notify the appropriate parties and replace your card.
No one can prevent all identity theft, so staying informed and knowing what to do when your identity is threatened can give you greater peace of mind. ID Navigator Powered by NortonLifeLock provides you with the tools to help keep you informed of potential threats to your identity so you can act quickly.
Bank Of America Travel Rewards Credit Card Review: Simple Rewards For Travel
The Bank of America® Travel Rewards credit card is a good option for those who prefer simple travel rewards with $0 annual fee especially Bank of America Preferred Rewards program members.
Advertiser Disclosure: ValuePenguin is an advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on our site . To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.
Editorial Note: The content of this article is based on the authors opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
Earn 25000 Bonus Points
With the Bank of America® Travel Rewards credit card, you can earn 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening which can be redeemed for a $250 statement credit toward travel and dining purchases.
Since points earned with this card are worth one cent each when redeemed for travel or dining purchases, these points are worth $250 in restaurant bills, hotels, rental car charges or flights.
This bonus is not as high as many other travel credit cards on the market today, especially since some top travel credit cards are offering initial bonuses of $600 or more right now. However, it’s pretty standard among travel credit cards with no annual fee.
What it’s worth: $250
Who’s eligible to earn this offer?: Customers opening a new account in response to this offer the offer does not apply to existing accounts. The fine print also states that “your account must be open with active charging privileges in order to receive this offer.”
Bank of America also has some unpublished rules regarding sign-up bonuses and how many cards you can have:
- According to user reports, you can be approved for two new cards within two months of account opening, three new cards in a 12-month period and four new cards every 24 months.
- You may also be limited to seven new cards from Bank of America every 12 months if you’re a checking or savings account customer, or three new cards every 12 months if you’re not.
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Bank Of America Customized Cash Rewards Credit Card
The Bank of America® Customized Cash Rewards credit card is a flexible rewards card that earns 3 percent cash back in your category of choice, including gas, online shopping, dining, travel, drugstores or home improvement or furnishing purchases, plus 2 percent at grocery stores and wholesale clubs . All other purchases earn 1 percent back.
As a welcome offer, you can get $200 cash back by spending at least $1,000 in combined purchases during your first 90 days.
Youll also get Visa Signature perks, including extended warranty coverage, concierge, roadside dispatch, lost luggage reimbursement and travel and emergency assistance.
The Platinum Card From American Express
The Amex Platinum card removed travel accident insurance in 2020. However, the card offers one of the most generous emergency evacuation insurance of any card. Theres no cost cap and benefits are extended to immediate family and children under 23 or under 26 if enrolled full-time in school. Best of all, you dont even have to use the card to pay for the trip.
You must be on a trip less than 90 days in length and at least 100 miles away from your residence. A Premium Global Assist administrator must coordinate everything in order not to incur any cost. The benefit will also pay economy airfare for a minor under 16 to be returned home if left unattended, pay for an escort to accompany that minor if required to get them home, and get a family member to the place of treatment if hospitalization of more than 10 consecutive days is expected.
Other American Express cards offer access to the Premium Global Assist Hotline, however, anything they coordinate will be at your expense. Make sure you read your Amex cards benefits guide carefully.
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How Do I File A Citi Travel Insurance Claim
Heres how to file an insurance claim with Citi:
- Report your loss to Citi within 60 days using the number 866-918-4670.
After processing your call, Citi will send you a claims form along with a list of any required documentation. You can also visit www.cardbenefits.citi.com to download a claims form.
- Gather your documentation. Fill out your claim form and make copies of all requested documentation.
- Submit your documentation. Youll need to submit your claims form and documentation within 180 days of the loss incident. From here, Citi will contact you with further details on the status of your claim.
Read more about credit card travel insurance offered by different brands
What Is The Difference Between Trip Cancellation And Trip Interruption Coverage
The main difference between trip cancellation and trip interruption coverage is timing. Trip cancellation insurance protects your trip from when you make the initial payment to the time of your scheduled departure. On the other hand, trip interruption insurance covers your trip from the day of your scheduled departure to your scheduled date of return.
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United Club Infinite Card: Best For United Flyers
The United Club Infinite Card doesnt offer as many travel protections as some of the other high-end cards on our list. But if youre flying United and want to reap the travel benefits of using the airlines premium credit card, youll still receive a number of important protections with this card.
Trip cancellation and trip interruption insurance both come with the United Club Infinite Card, as well as primary car rental insurance. Youll also get trip delay reimbursement coverage, although travel must be delayed at least 12 hours or require an overnight stay to apply.
The United Club Infinite Card also offers baggage delay reimbursement, which means if your bags are delayed in getting to your final destination by six hours or more, you can be reimbursed for essential toiletries and clothing until your bags arrive, up to $100 per day. However, you can only submit a claim for the first three days with this card, while many other cards provide reimbursement for up to five days.
Despite not covering every travel protection on the list, the United Club Infinite Card also comes with United Club membership, a $100 statement credit for Global Entry or TSA Precheck and the ability to check your first and second bag for free when flying United, and it earns 4 miles for every dollar you spend on United purchases,
Premium Chase Credit Cards
The Chase credit cards in the table below provide trip cancellation and interruption insurance with relatively high maximum coverage amounts.
|Up to $5,000 per covered person with a maximum of $10,000 per trip||$95|
I obtained the following information from the Chase Sapphire Preferred Cards guide to benefits dated Dec. 1, 2019 . I believe the other Chase premium cards listed above provide similar benefits. But check your cards guide to benefits to ensure your coverage is the same.
When you use an eligible Chase card to pay for select travel expenses, you and your immediate family may be covered when:
- You charge a portion of the cost to your Chase credit card.
- The trip will not exceed 60 days in duration .
Suppose you used Chase Ultimate Rewards to pay for part or all of your eligible trip expenses. In that case, Chase will reimburse you the redemptions monetary value or 1 cent per point if the value doesnt appear on your itinerary or confirmation.
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Your Car Insurance Provider
Some car insurance policies offer optional RV insurance. You should call your insurance agent to review your coverage options. Your auto policy may automatically extend to tow-behind trailers or the motorhomes that you drive if the rental period is shorter than 30 days. In other instances, you may have to purchase an add-on policy for your rental period.
If youre going to be buying a camper or RV, specify if youre staying for leisure or full-time. Your monthly rates are different depending on how frequently you use your RV.
Also, make sure you have the minimum coverage amounts for your state. You may decide to get more extensive coverage amounts for additional peace of mind.
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