Our analysis also touches on the bank of america premium rewards credit card s rewards rate and benefits versus other cards like the chase sapphire preferred card and the chase sapphire reserve.
Chase sapphire reserve vs bank of america travel rewards.
You might assume that the chase sapphire reserve which comes.
That said the ability to 1 5 points per 1 spent on all purchases with no annual fee and no foreign transaction fees and your points don t expire is a solid offer for a flat rate card.
Bank of america travel rewards is a travel credit card.
Keep in mind the bank of america travel rewards has a 0 annual fee while the chase sapphire reserve has a 550 annual fee.
The chase sapphire preferred is the gold standard for travel cards at the 95 annual fee level but bank of america s option has some advantages too.
Read our comparison chart below.
We reviewed the bank of america premium rewards credit card to see if it is worthwhile for consumers to apply for it who it would benefit the most and how its rewards work.
The chase sapphire reserve and the chase sapphire preferred card are two of the most talked about travel credit cards thanks to the valuable ultimate rewards program top notch benefits and valuable travel protections.
However points on the chase sapphire preferred card are worth 1 25 cents apiece when you redeem them for travel booked through chase while points on the bank of america card are worth 1 cent.
Points are always worth 1 cent each and can be redeemed for a statement credit or award travel in the bank of america travel center.
With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories.
Read our comparison chart below.
Keep in mind the bank of america travel rewards has a 0 annual fee while the chase sapphire preferred has a 95 annual fee.
How does it compare to chase sapphire reserve a travel airline points and restaurant credit card.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Unlike the bank of america travel rewards credit card the chase sapphire preferred card allows you to transfer your points on a one to one basis to a wide variety of chase travel partners.
Depending on which hotel or airline you choose transferring your points to another loyalty program can potentially make your points much more valuable.
Bank of america travel rewards is a travel credit card.
Sapphire reserve is broadening your world of benefits.
How does it compare to chase sapphire preferred a travel airline points and restaurant credit card.