![]() Such dual-service customers can also link their card account to their Bank of America account and use the card to cover overdrafts, which the bank then considers to be cash advances (and charges accordingly). It might also appeal to students who already do their banking with Bank of America and want to start building credit while managing a checking and savings account. Students will earn the same rewards rate whether they're booking a trip or picking up dorm snacks at the grocery store. This card is a worthy pick for students who want to earn travel rewards on every purchase they make, everywhere they go, without paying an annual fee or foreign transaction fees. However, it's still higher than for some other cards and merits some caution from students on modest budgets who want to avoid racking up debt. This is not a super excessive or outrageous threshold. To earn it, you must spend $1,000 in the first three months of having the card. Spending Requirement to Earn the Bonus Is on the High Side: There's an introductory bonus offer available for new cardmembers of 25,000 bonus points-worth $250.This card allows no such point transfers rewards for travel can be redeemed only through Bank of America. Reward Points Aren't Transferable: A travel rewards credit card that allows you to transfer its points or miles to your accounts with partner hotels and airlines gives you more potential to maximize the value of your rewards.There is no foreign transaction fee, which is a money-saver considering that many cards charge between 1% and 3% to convert purchases made abroad to U.S. Friendly to Foreign Travel: This card also has potential for students who are planning a spring break trip overseas or want to spend a semester or two abroad.After that, the rate reverts to a regular variable APR of 18.24% to 28.24%, based on creditworthiness. New members can take advantage of a 0% introductory APR on purchases and balance transfers for the first 18 billing cycles. Pay No Interest During the First 18 Billing Cycles: This card could be a good choice for students who plan large purchases and need time to pay them off without incurring interest charges.The Bank of America Travel Rewards credit card for students makes earning travel rewards easy, with one flat rewards rate that applies to every dollar you spend. Some student credit cards and regular travel rewards cards tier their rewards programs, meaning you earn more points or miles in one category versus another. When redeemed for travel, each point is worth a cent, which is also fairly standard. Decent Travel-Rewards Earnings and No Tiers to Manage: At 1.5 points earned for every dollar spent, this card is competitive in rewards with other no-fee travel cards.Spending requirement to earn the bonus is on the high side
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