Chase Sapphire Preferred Vs Bank Of America Travel Rewards
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Chase sapphire preferred vs bank of america travel rewards. Bank of america premium rewards. Chase sapphire reserve. 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. The bank of america travel rewards credit card card skips the annual fee but offers a 25 000 point signup bonus and just 1 5x points on all purchases.
Earn 80 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening. Bank of america travel rewards is a travel credit card. You ll receive 60 000 ultimate rewards points with the chase sapphire preferred which is worth 1 200 according to tpg valuations. Keep in mind the bank of america travel rewards has a 0 annual fee while the chase sapphire preferred has a 95 annual fee.
Earn 2 points per 1 on all travel and dining and 1 5 points per 1 on all remaining purchases plus bank of america preferred rewards bonus. 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. However something to keep in mind here is the spending requirements. 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.
Depending on which hotel or airline you choose transferring your points to another loyalty program can potentially make your points much more valuable. By comparison you ll only get 25 000 points a 250 value from the bank of america travel rewards credit card.
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