14 Difference Between Discover It Miles And Bank of America Travel Rewards Credit Card

1. Both cards offer the same reward rate with no annual fee and no foreign transaction fee.
Discover it miles better if you spend more than $16700 in first year.
Bank of america travel rewards card is better for international traveling and bank of america account holder with significant deposits.

2. Pros:

Discover It Miles

Bank Of America Travel Rewards Credit Card

No annual fee

No annual fee

No Foreign Transaction fee

No Foreign Transaction Fee

Uniq sign up bonus

Generous flat reward rate

Flexible redemption

Visa signature benefits

No minimum redemption ammount

High reward opportunity for bank of america customers

0% Intro apr on purchase and 10.99% for balance transfer for 14 months

 

0% on Purchases for 12 billing cycles

Free fico score, no late fee for first missed payment, us based customer service, Freeze it

 

Reward redeem value is equal for travel or cash back

 

3.Cons:

Discover It Miles

Bank Of America Travel Rewards Credit Card

Not widely accepted outside usa

Lower redemption value for cash

No bonus reward categories

No intro balance transfer offer

Not for big spenders

No premium travel perks

4. Sign Up Bonus:

Discover It Miles:

Discover will match ALL the Miles you’ve earned at the end of your first year, automatically.

Bank Of America Travel Rewards Credit Card:

25,000 online points (worth $250) after spending $1,000 in first 90 days

If you will spend more than $16667 on first year, you will get more sign up bonus with discover it miles.

5. Reward Rate:

Discover It Miles:

Earn 1.5 miles for each $1 that you charge to the Discover it Miles card.

Bank Of America Travel Rewards Credit Card:

1.5 points per dollar on every purchase

3 points per dollar spent on eligible travel booked through the Bank of America® Travel Center.

6. Annual Fee:

Discover It Miles:

$0

Bank Of America Travel Rewards Credit Card:

$0

7. Intro Apr:

Discover It Miles:

0% on Purchases for 14 months and 10.99% on Balance Transfers for 14 months

Bank Of America Travel Rewards Credit Card:

0% on Purchases for 12 billing cycles

8. Regular Apr:

Discover It Miles:

13.74% – 24.74% Variable APR

Bank Of America Travel Rewards Credit Card:

16.74% – 24.74% Variable APR

9. Other Benefits:

Discover It Miles:

No black out dates
Free credit score
Freeze your account in seconds

Bank Of America Travel Rewards Credit Card:

You can earn 25% – 75% more points on every purchase, if you are preferred rewards member.
Visa Signature benefits
Car rental insurance
Add PIN for international travel
Lost luggage insurance
Concierge services
Purchase security

10. Foreign Transaction Fee:

Discover It Miles:

None

Bank Of America Travel Rewards Credit Card:

None

11. Balance Transfer Fee:

Discover It Miles:

3% intro balance transfer fee, up to 5% fee on future balance transfers

Bank Of America Travel Rewards Credit Card:

3% of each transaction (minimum $10)

12. Credit Needed:

Discover It Miles:

690 – 850 Good to Excellent

Bank Of America Travel Rewards Credit Card:

690 – 850 Good to Excellent

14. Get bank of america travel rewards credit card if you are bank of america customer with significant account balance or you are planning to use card internationally.
Get discover it miles if you are going to spend more than $17000 in first year. It offers many features at consumer friendly terms.

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