Bank of America Allegiant World MasterCard Credit Card Review

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From Seek Capital - Best for Allegiant Flyers

Welcome Offer

Earn 15,000 bonus points

equal to $150 off your next Allegiant trip, after you make $1,000 or more in purchases within the first 90 days of account opening

Earn

3xPoints
Earn 3x points on all Allegiant purchases
2xPoints
On qualifying dining purchases, earn 2x points
1xPoints
On all other card purchases, earn 1x point
0%Introductory APR
0% APR for 12 months on purchases and balance transfers

Bank of America Allegiant

The Bank of America Allegiant World MasterCard comes with an easy bonus and rewards structure that can quickly earn you $450 in points value toward vacations, hotel bookings, car rentals or airfare. We cover everything you need to know to make a decision about this card below.

Rewards Highlights

  • 0% Introductory APR
  • 3x Points on purchases on Allegiant
  • 2x Points on Restaurants
  • 1x Points on everything else

Expert Review

The Pros

  • 0% Introductory APR
  • 3x Points on purchases on Allegiant
  • 2x Points on Restaurants
  • 1x Points on everything else

The Cons

  • No Lounge Access
  • Limited to Allegiant

Recommended Credit Profile

Rates & Fees

  • Annual Fee$59
  • Regular APR17.49% to 25.49%
  • Great ForAllegiant AirDiningGas
  • Regular Purchase APR17.49% to 25.49%
  • Regular Balance Transfer APR17.49% to 25.49%
  • Cash Advance APR20.49% to 26.49%
  • Balance Transfer Fee$10 or 3%
  • Cash Advance Fee$10 or 3%

Easy, Straightforward Bonus Sign Up Offer

Some bonus offers can get a bit complex, but the Bank of America Allegiant World MasterCard is straightforward and easy to earn. All you have to do is spend $1,000 on the card in the first 90 days after opening the account. That might sound like a chunk of change, but over the course of three months, that's only $334 per month. If all you paid for with the card was groceries and a couple fill-ups at the gas tank, you'd probably more than make it.

Once you spend the $1,000, you get 15,000 in bonus points. That's enough for $150 off an Allegiant airfare — all for doing nothing more than choosing to pay with the Allegiant World Mastercard when you're making purchases you'd already have to make.

Continue Earning Rewards

Get your rewards on the fast track with the bonus offer, but keep earning with all other qualifying purchases. Like most cobranded travel rewards credit cards, the Allegiant World MasterCard provides the most rewards points when you spend directly with Allegiant. That includes any air, hotel, attraction or car rental purchase made with the brand; those purchases net you three points per dollar spent.

You'll also earn two points per dollar spent on eligible dining purchases and one point per dollar on all other qualifying purchases. Generally, same-as-cash purchases, such as money orders, don't qualify for reward points.

How fast can the rewards value rack up? Let's look at some numbers.

  • If you travel with Allegiant twice this year and spend $2,000 total, that earns you 6,000 points.
  • Let's assume you eat out twice a week and spend a total of $75 each week doing so. That earns you 150 points per week — or 7,800 for the entire year.
  • Finally, if you use the card to pay for groceries, fuel, a few bills and other regular expenses, you could easily spend $1,500 a month. That's 1,500 points a month or 18,000 for the entire year.

Add up all those rewards and you have 31,800 — enough for over $300 off of an Allegiant trip. Combine that with the bonus points you easily scored, and you have $450 in Allegiant travel rewards value the first year you own this card. In some cases, that's easily enough to cover two flights with the brand, and if you know how to find the right deals, you could get away with three or four flights covered!

And because there aren't minimum points requirements, destination restrictions or blackout dates, you can use your rewards points exactly how you like. You can redeem your points for more than just flights through Allegiant. You can also use them to cover car rentals or hotels booked through Allegiant's website.

Other Travel Perks of the Allegiant World MasterCard

While you're earning rewards toward free travel, you can take advantage of several other card perks. Show your Allegiant card when you fly, and you'll get complimentary priority boarding so you're not standing around on the concourse. And once you're in the air, your cardholder status gets you a complimentary beverage. That's a nice perk to have when flying the discount airline rewards because you may otherwise have to purchase your in-flight drink.

Booking a vacation package through Allegiant with your card also gets you some automatic savings. You can get buy one, get one free airfare when you book a package that includes seven or more rental car days or four or more hotel nights. That's a savings of at least $100 — and typically more.

Security, Shopping and Account Management Features

The Allegiant World MasterCard comes with all the financial and security perks we expect from a Bank of America product. They start with security and fraud features that keep your information safe whether you're swiping at the register or shopping online. The ShopSafe feature creates a temporary credit card number so you don't have to use your real number when you shop online, and fraud detection notifies you and puts activity on hold if any abnormal patterns are detected. You also get a $0 liability guarantee, which means you're not held liable for fraudulent transaction on your account.

To help you manage your account, Bank of America provides paperless statement options so you can go green, and you can opt for banking via text, online or mobile app. Plus, you can customize account alerts to remind you when a payment is due or let you know a payment has processed, so you're never in the dark about the details of your account. And if you want insight into your overall credit status, you can opt in to receive complimentary access to your updated FICO score each month.

For convenience at checkout, you can connect your card to mobile wallet tech and use Apple Pay, Samsung Pay or Google Pay to make purchases.

Fees and Fine Print

The card does come with a 0 percent introductory offer for balance transfers. You can transfer a balance from a higher interest credit card, paying it down over the course of 12 months without any interest accruing. While that can help you get a grip on credit card debt, it may tie up your credit on this card so you can't rack up the rewards you need to make the card worthwhile, so we don't especially recommend this as a balance transfer card.

Plus, the card comes with an annual fee of $59, so we think it's only worth it if you're going to use the rewards structure so the balance nets out in your favor.

This Card Is Right for You If. . .

You're an Allegiant regular who plans on taking at least a few trips via air or booking a full vacation through Allegiant this year. If you land the sign up bonus, you more than cover the annual fee, and it's easy to earn enough reward each year to do the same.

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