If you want to earn free travel, but you’re not the kind of person to geek out on points and miles, then the Bank of America Travel Rewards credit card can be a great choice. This card offers 1.5 points per dollar spent on all purchases, with no limits.

And if you’re a Bank of America Preferred Rewards customer with an eligible bank account by maintaining a minimum balance in Bank of America or Merrill investing accounts, then you can earn 1.87 to 2.62 points per dollar, which is a great rate of return.

Other perks include access to their Museums on Us program and the BankAmeriDeals® offers for additional points. There’s no annual fee for this card, and no foreign transaction fees.

While the Bank of America Travel Rewards credit card doesn’t offer any bonus categories for travel purchases, dining purchases, groceries or other common bonus categories, it does offer bonuses to members of its Preferred Rewards program – probably the most prime target for this card. You can also earn a welcome bonus by meeting the required spend within a specified timeframe after account opening.

Gold Tier members, who are those with a 3-month combined average daily balances between $20,000 and $50,000, receive a 25% bonus on their rewards, which equates to unlimited 1.875% points per dollar spent on all purchases. Platinum Tier members, those with a 3-month combined average daily balances of $50,000 to $100,000, receive a 50% bonus on their credit card rewards, which works out to 2.25% points per dollar spent. And those in the Platinum Honors Tier ($100,000 to $1 million) or the Diamond Tier ($1 million to $10 million), earn a 75% bonus, or 2.62 points per dollar spent.

Earns bonus points for spend in the following bonus categories:

While there are plenty of travel rewards enthusiasts that want to earn points and miles with a trendy new credit card, the Bank of America Travel Rewards credit card is made for others that just want to earn a free trip with a few fees and hassles as possible. It also offers 1.5 points per dollar spent on all purchases, and those points are worth one cent each as statement credits towards any travel or dining purchases. Points can also be used to pay for baggage fees in addition to other travel expenses such as flights, hotels, vacation packages, and dining/takeout purchases. (Most people would assume the credits are only towards travel so it’s nice that Bank of America includes the statement credit to be applied against dining purchases.

But the best value is offered to Bank of America Preferred Rewards members who can earn a 25%, 50% or 75% bonus, depending on their status within the program. Those with top status can earn as much as 2.62 points per dollar, which is truly exceptional for Preferred Rewards members. These points never expire so long as you account remains open.

Best of all, there’s no annual fee for this card, and no foreign transaction fees imposed on purchases made outside the U.S., so you don’t have to worry about that when traveling.

Bank of America® Travel Rewards credit card vs. Bank of America® Unlimited Cash Rewards credit card

Editor’s Note: It’s a question I had, so I thought you might too. The primary differences are that the Bank of America® Travel Rewards credit card has no foreign transaction fees but redeeming your points is slightly limited in that they can only be redeemed against travel and dinning purchases whereas the Bank of America® Unlimited Cash Rewards credit card has no limitations on cashing out your points for cash, but does charge a foreign transaction fee. So, they are pretty similar, but you would choose this one if you travel internationally and probably choose the Unlimited if you don’t leave the USA.