The Bank of America Travel Rewards credit card minimum payment is $35 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $35, the Bank of America Travel Rewards credit card minimum payment will be equal to the balance. In addition, if you recently missed a payment, Bank of America may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re required to pay by the due date to keep your Bank of America Travel Rewards credit card account in good standing. Failure to pay at least this amount by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
This answer was last updated on 02/12/24 and it was first published on 04/19/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
