Bank of America Amtrak Credit Card 20,000 Points + $100 Statement Credit Offer

The Offer

Direct link to offer (shows on the homepage)

  • You can now receive a sign up bonus of 20,000 points and a $100 statement credit after $1,000 in spend within 90 days of account opening on the Bank of America Amtrak Credit card.

Card Details

  • Annual fee of $79 is not waived
  • Complimentary Companion Coupon, One-Class Upgrade and a single-day ClubAcela® pass for access to ClubAcela, Amtrak Metropolitan LoungeSM or First class
  • Card earns at the following rates:
    • 3 points per $1 spent with Amtrak
    • 2 points per $1 spent on all other qualifying travel purchases
    • 1 point per $1 spent on all other purchases
  • No foreign transaction fees
  • 5% Amtrak Guest Rewards point rebate when you book your Amtrak redemption

Our Verdict

Standard bonus is 20,000 points but we’ve seen 30,000 points and 20,000 + $100 before as well. In terms of the value of Amtrak points they are as follows:

  • Non-Acela tickets points are worth 2.9¢ each
  • Acela tickets points are worth 2.56¢ cent

Personally I think the recent 30,000 point offer is much better due to the Amtrak point values above but others might disagree. For more information on best uses and valuation read this post. This can be a valuable bonus for those that take advantage of/enjoy train travel. If you have any questions about Bank of America credit cards I’d recommend reading this post first. I will not be adding this to our list of the best credit card bonuses due to the fact that 30,000 points was so recently offered.
    William Charles
  • On March 10, 2019, 22:07

View Comments (8)

  • With the current waves of plane crashes may be we should ask for our government to invest more in rail travel.

    • Um, for those that use the points enough and value them at that 2.5 cents each... This card blows the water out of all other cards, other than very specific categories. And I'd probably drop 3% cards if I valued their points like that. That would make this a 7.5 Amtrak, 5% travel, and 2.5% everything else card.

      Only problem, I don't use Amtrak.

      • only if you do enough travel and amtrak to override the annual fee. I agree the 2.5% on everything is good value... but the no annual fee version offers that too. the annual fee version gets an extra 2.5% on travel, so you would need to spend $79/.025= $3160 on travel just to break even (this is of course ignoring the value of the companion pass)

    • The companion pass can more than offset the annual fee each year - useful if you live on the NE Corridor.

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