Bank of America credit cards (2026)
Bank of America is a mid-tier credit card issuer for points travelers. Most useful for the Alaska Airlines Visa Signature card and the Preferred Rewards program that boosts earning rates by 25-75% based on relationship size.
Points program: Bank of America Travel Rewards · Realistic value: 1.5-1.875¢ per point (with Preferred Rewards)
Strengths
- Alaska Airlines Visa Signature ($122 Companion Fare)
- Preferred Rewards multiplier (up to 75% bonus on earning)
- Travel Rewards card has $0 foreign transaction fees
- More lenient credit approval than Amex/Chase
Weaknesses
- Travel Rewards points value lower than Chase UR or Amex MR
- Smaller transfer partner network (limited)
- Less premium card portfolio
Bank of America cards
Best uses for Bank of America Travel Rewards
- Alaska Airlines Visa Companion Fare ($122 + taxes)
- Atmos Rewards partner awards (Cathay First, JAL, Qantas)
- Travel Rewards portal at 1¢ value
FAQ
Is the Alaska Visa Companion Fare worth it?
Yes — the $122 Companion Fare is widely considered the best airline card perk in the industry. For couples or families flying Alaska even once a year, the Companion Fare alone justifies the $95 annual fee multiple times over.
Related guides
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