There's a reason people who travel a lot tend to seek out travel rewards credit cards. Although these cards commonly charge an annual fee, they often include extra perks that make the fee worth paying.

But what if you're someone who travels on occasion, but not so often? You may not want to spend money on a credit card you only get modest benefits from.

If this sounds like you, then the Bank of America® Travel Rewards credit card could be a good choice. That's because the card not only allows you to earn unlimited 1.5 points per dollar spent on all purchases, but there's no annual fee to pay at all.

The upside

The Bank of America® Travel Rewards credit card has some key benefits. First, it's nice to earn 1.5 points on all purchases without having to keep tabs on revolving bonus categories. You just buy the things you normally would and swipe your card.

Also, the card has a pretty generous welcome offer that's fairly easy to snag. Right now, you can snag 25,000 points worth $250 in travel if you spend $1,000 within 90 days of opening an account. That threshold is well below the $3,000 or more many other travel cards impose.

You should also know that there are no foreign transaction fees to worry about with the Bank of America® Travel Rewards credit card. Given that plenty of cards charge an extra 3% or so on purchases abroad, that could be a big money-saver right there. Plus, there are opportunities to earn even more rewards through Bank of America's Preferred Rewards program, if you're a member.

The downside

The Bank of America® Travel Rewards credit card is an affordable option for occasional travelers. But if you're a more frequent traveler, you may want to look elsewhere, like our best travel rewards credit cards list.

The reason? The card offers no bonus rewards for travel-related spending.

Sure, you'll still get the 1.5 points per dollar spent. But flight and hotel purchases don't snag you extra points, which isn't really what you'd expect from a travel rewards credit card.

Also, the process of redeeming points can be a little tricky. That alone is something you can probably learn to navigate once you do it the first time, but the lack of bonus points on travel purchases may be a turnoff.

It's also common for travel rewards credit cards to offer perks like an annual hotel credit or airport lounge access. But you won't find that here. To be fair, that's a more common benefit on cards with an annual fee.

That's why the Bank of America® Travel Rewards credit card is generally a good choice for people who travel a few times a year at most. If you're someone who's boarding a plane every month, you may want to look into other credit cards that offer superior perks. Granted, you might end up paying an annual fee for one of those cards. But that fee might more than make up for itself with the benefits you get.