Key takeaways
- In terms of travel-related card perks, the Chase Sapphire Most popular is an total more sensible choice than the Financial institution of America Journey Rewards bank card, however the Journey Rewards can nonetheless be the proper alternative for some individuals.
- Financial institution of America presents a Most popular Rewards program that reinforces the rewards charges of its bank cards, so if you happen to’re already a member of this program, you’d get much more worth out of this card
- The Sapphire Most popular additionally has a greater welcome bonus supply and the next total rewards fee, however the Journey Rewards card has no annual price and presents a 0 p.c introductory APR on purchases and steadiness transfers.
In case you’re making an attempt to determine between the Financial institution of America® Journey Rewards bank card and the Chase Sapphire Most popular® Card, you could have fairly a bit to consider. For instance, you’ll have to think about your routine spending habits, the kind of rewards you wish to earn and whether or not you’re snug paying an annual price.
Within the meantime, you also needs to contemplate whether or not you may gain advantage from a 0 p.c APR on purchases for a restricted time. Why? As a result of solely certainly one of these playing cards provides you this chance.
Whereas the Financial institution of America Journey Rewards card and Chase Sapphire Most popular have fairly a bit in frequent, there are some areas the place one card undoubtedly beats out the opposite. Learn on to be taught which of those playing cards wins in an important classes, in addition to causes to join both possibility.
Principal particulars
| Chase Sapphire Most popular | Financial institution of America Journey Rewards bank card | |
|---|---|---|
| Welcome bonus | 60,000 bonus factors after you spend $4,000 on purchases inside 3 months of account opening | 25,000 bonus factors after spending $1,000 on purchases inside 90 days of account opening |
| Rewards fee | 5X factors on journey booked by means of Chase Final Rewards and Lyft Rides (Lyft supply by means of March 2025); 3X factors on eating (together with eligible supply companies), choose streaming companies and on-line grocery purchases (excluding Walmart, Goal and wholesale golf equipment); 2X factors on different journey purchases; 1X factors on the whole lot else | Limitless 1.5X factors on all purchases |
| Intro APR | N/A (21.49% – 28.49% variable APR) | 0% intro APR on purchases and steadiness transfers for 18 billing cycles (18.24% – 28.24% variable APR after) |
| Annual price | $95 | $0 |
| Redemption choices | Redeem factors for:
|
Redeem factors for:
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Financial institution of America Journey Rewards card vs. Chase Sapphire Most popular highlights
Each playing cards supply beneficiant rewards for journey and allow you to redeem your factors for versatile choices. Nonetheless, the Chase Sapphire Most popular beats out the Financial institution of America Journey Rewards card within the extra necessary classes.
Welcome bonus winner
Rewards fee winner
Which card earns essentially the most?
Now for the attention-grabbing half. Which of those journey bank cards will web you essentially the most in rewards? That basically will depend on how you utilize your card and the classes you spend essentially the most in.
Our spending instance reveals how a lot the common household may earn with both card.
Financial institution of America Journey Rewards card vs. Chase Sapphire Most popular spending instance
This instance situation reveals the common rewards for a household of 4 with a person and girl beneath the age of fifty and two youngsters between the ages of 9 and 11. The typical meals spending for this household would work out to $1,324.30 per thirty days (or $15,891.60 per 12 months) on a average plan, in keeping with the USDA.
Since we’re evaluating playing cards for individuals who journey, let’s additionally estimate that this household spends $5,000 per 12 months on airfare, motels and different journey purchases, with half of it in a position to be booked by means of the Final Rewards portal. Add onto that $300 per thirty days ($3,600 per 12 months) in restaurant purchases and $1,000 per thirty days ($12,000 per 12 months) on miscellaneous purchases.
| Factors | Financial institution of America Journey Rewards | Chase Sapphire Most popular |
|---|---|---|
| Groceries | No Most popular Rewards tier: 23,836
Gold: 29, 795 Platinum: 35,754 Platinum Honors or greater: 41,634 |
47,673 |
| Journey by means of Chase Final Rewards | N/A | 12,500 |
| Basic journey | No Most popular Rewards tier: 7,500
Gold: 9,375 Platinum: 11,250 Platinum Honors or greater: 13,100 |
5,000 |
| Eating out | No Most popular Rewards tier: 5,400
Gold: 6,750 Platinum: 8,100 Platinum Honors or greater: 9,432 |
10,800 |
| Extra purchases | No Most popular Rewards tier: 18,000
Gold: 22,500 Platinum: 27,000 Platinum Honors or greater: 31,440 |
12,000 |
| Complete factors |
No Most popular Rewards tier: 54,736
Gold: 68,420 Platinum: 82,104 Platinum Honors or greater: 95,606 |
87,973 |
With the Financial institution of America Journey Rewards bank card, earnings would whole 68,420 to 95,606 factors, relying on their Most popular Rewards membership standing. With the Chase Sapphire Most popular bank card, earnings would whole 87,973 factors. As you possibly can see, the Chase Sapphire Most popular would web extra factors total — however with some caveats.
Which card will fit your spending habits?
The Chase Sapphire most well-liked solely has boosted rewards charges on grocery purchases if you happen to make these purchases on-line, and its 5X rewards fee on journey solely applies to purchases made by means of the Chase Final Rewards portal. With out procuring on-line or utilizing the Chase Final Rewards portal, you’d get much less factors.
Additionally, the Financial institution of America Journey Rewards bank card might earn extra if you happen to’re no less than on the Most popular Rewards Platinum Honors member tier or greater.
In case you’re already a Financial institution of America loyalist and plan on maintaining your Platinum Honors standing or greater, then the Journey Rewards card could be higher off in your price range. However if you happen to’re not a Most popular Rewards member, you’ll possible get extra mileage out of your Sapphire Most popular — particularly provided that their factors are price way more if you happen to switch them to a high-value journey associate.
Why do you have to get the Chase Sapphire Most popular?
The spending instance above reveals that the Chase Sapphire Most popular might help the common household earn extra rewards on their spending, however there are different causes to join this card.
Why do you have to get the Financial institution of America Journey Rewards card?
Whereas the Chase Sapphire Most popular is difficult to beat, there are some compelling causes to decide on the Financial institution of America Journey Rewards card as an alternative — its lack of an annual price among the many largest. Different causes to enroll embrace a beneficiant intro APR interval and distinctive alternatives to spice up your earnings.
The underside line
The Chase Sapphire Most popular undoubtedly has extra to supply out of those two playing cards, but the Financial institution of America Journey Rewards card’s lack of an annual price and beneficiant intro APR makes it possibility, too — particularly if you have already got a big amount of cash saved up in Financial institution of America accounts.
In case you nonetheless can’t determine between these two playing cards, nevertheless, it by no means hurts to match them to different journey bank cards from Chase, Financial institution of America and different main issuers.
Issuer-required disclosure assertion
Details about the Financial institution of America® Journey Rewards bank card was final up to date on February 7, 2024.
