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

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. 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.

4. 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.

5. 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.

6. 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.

7. Best for:

Chase Sapphire Preferred:

Travel rewards and a great signup bonus

Bank of America Travel Rewards:

No-annual-fee travel rewards

8. Annual Fee

Chase Sapphire Preferred:

$95

Bank of America Travel Rewards:

$0

9. Regular APR:

Chase Sapphire Preferred® Card:

18.24% – 25.24% variable

Bank of America Travel Rewards:

17.24% – 25.24% Variable APR

10. Introductory APR for Purchases:

Chase Sapphire Preferred® Card:

0% Introductory APR on purchases for 12 billing cycles

Bank of America Travel Rewards:

N/A

11. Consider Chase Sapphire Preferred® Card:

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

12. 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.

13. Cons:

Chase Sapphire Preferred® Card:

Annual fee

Base earning lower
Need to book via the Chase Ultimate Rewards website

Bank of America Travel Rewards:

Lower value for your points
No real airline miles / hotel points

14. 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)

15. Credit Needed:

Chase Sapphire Preferred® Card:

Good to Excellent 670-850

Bank of America Travel Rewards:

Good to Excellent 670-850

16. Pros:

Bank of America Travel Rewards:

No Annual fee
No Foreign transaction fee
Get cash back for every purchase – no categories
Rewards don’t expired
No travel blackout dates
Get rewards on travel booking through any website
10-75% points bonus for Bank of America customers
No limit on how much rewards you can earn.

Chase Sapphire Preferred® Card:

No foreign transaction fee
1:1 points transfer to hotels and airline travel partner
Travel insurance benefit and purchase protection
No travel blackout dates
Rewards don’t expire
No limit on the amount of rewards you can earn
25 % redemption bonus when you redeem points for travel through chase ultimate rewards portal.

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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