16 Difference Between Chase Sapphire Preferred And Bank Of America Travel Rewards

Go for Chase Sapphire Preferred if you want to turn points in to airline miles and hotel points.
You will also get trip delay and cancellation coverage with this card.

 Get bank of America travel rewards credit card if you like decent cash back with $0 annual fee and $0 foreign transaction fee. You are not interested in real airline miles and hotel points.

Pros:

Bank of America Travel Rewards:

Chase Sapphire Preferred® Card:



No Annual fee

No foreign transaction fee

No Foreign transaction fee

1:1 points transfer to hotels and airline travel partner

Get cash back for every purchase – no categories

Travel insurance benefit and purchase protection

Rewards don’t expired

No travel blackout dates

No travel blackout dates

Rewards don’t expire

Get rewards on travel booking through any website

No limit on the amount of rewards you can earn

10-75% points bonus for Bank of America customers

25 % redemption bonus when you redeem points for travel through chase ultimate rewards portal.

No limit on how much rewards you can earn.

 

Cons:

Bank of America Travel Rewards:

Chase Sapphire Preferred® Card:

Lower value for your points

Annual fee

No real airline miles / hotel points

Base earning lower

Need to book via the Chase Ultimate Rewards website

1. Foreign Transaction Fee:

Bank of America® Travel Rewards credit card:

No foreign transaction fee

Chase Sapphire Preferred® Card:

$0

2. Rewards rate:

Bank of America Travel Rewards:

1.5 points per every dollar

Chase Sapphire Preferred:

2 points per dollar on travel and dining

1 point per dollar on other purchases

3. Rewards accelerators:

Bank of America Travel Rewards:

Members of the Bank of America® Preferred Rewards program can earn points bonuses of 25% to 75%.

Chase Sapphire Preferred:

Points are worth 25% more when redeemed for travel booked through Chase.

4. Intro Bonus:

Bank of America Travel Rewards:

25,000 Travel Reward Points after spending $1,000 in the first 90 days.

Chase Sapphire Preferred:

60,000 Chase UR Points after spending $4,000 in the first 90 days.

5. Best for:

Chase Sapphire Preferred:

Travel rewards and a great signup bonus

Bank of America Travel Rewards:

No-annual-fee travel rewards

6. Annual Fee

Chase Sapphire Preferred:

$95

Bank of America Travel Rewards:

$0

7. Regular APR:

Chase Sapphire Preferred® Card:

18.24% – 25.24% variable

Bank of America Travel Rewards:

17.24% – 25.24% Variable APR

8. Introductory APR for Purchases:

Chase Sapphire Preferred® Card:

0% Introductory APR on purchases for 12 billing cycles

Bank of America Travel Rewards:

N/A

9. Consider Chase Sapphire Preferred® Card:

If you want big sign up bonus.
If you are heavy traveler.

10. Consider Bank of America Travel Rewards:

If you are bank of America customer.
If you are occasional traveler.
If you do not want to pay annual fee.
If you want low maintenance travel card.

11. Cash advance:

Chase Sapphire Preferred® Card:

APR: 27.24% variable
Fee: 5% ($10 Min)

Bank of America Travel Rewards:

APR: 20.24% to 27.24% variable

Fee: 5% ($10 Min)

12. Credit Needed:

Chase Sapphire Preferred® Card:

Good to Excellent 670-850

Bank of America Travel Rewards:

Good to Excellent 670-850

Chase Sapphire Preferred Card Review With Pro And Cons

Bank Of America Travel Rewards Credit Card Review With Pro And Cons

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