Cardholders of the Bank of America Travel Rewards Credit Card for Students get access to benefits including:

With 1.5 points per dollar on every purchase, the Bank of America Travel Rewards Credit Card for Students has straightforward rewards earnings. There are no special categories to maximize. The card has a 25,000-point sign-up bonus worth $250 in travel if you spend at least $1,000 in purchases in the first 90 days of your account opening.

Annual fee: The Chase Sapphire Preferred Card offers a greater potential to earn rewards, but the Bank of America Travel Rewards Credit Card for Students has a lower cost to use the card. There is a $0 annual fee with the Bank of America Travel Rewards Credit Card for Students, while the Chase Sapphire Preferred Card has an annual fee of $95.

Rewards: You’ll earn 1.5 points per dollar on all purchases with the Bank of America Travel Rewards Credit Card for Students. The Chase Sapphire Preferred Card offers double points on travel and dining at restaurants and one point per dollar on all other purchases. Your rewards might go further with the Chase Sapphire Preferred Card because the card offers 25% more value for your points when you redeem them for travel with Chase Ultimate Rewards.

Sign-up bonus: The Bank of America Travel Rewards Credit Card for Students offers 25,000 points if you make $1,000 in purchases in the first 90 days of your account opening. The sign-up bonus is larger with the Chase Sapphire Preferred Card, offering 80,000 bonus points if you make $4,000 on purchases in the first 3 months from account opening.

Benefits: Bank of America Travel Rewards Credit Card for Students card benefits include zero fraud liability and monthly FICO credit score access for free. The Chase Sapphire Preferred Card offers travel benefits including trip cancellation insurance and an auto rental collision damage waiver.