Bank of America Worldpoints offered one and only one redemption option of reasonable value per point — transfers to Aeroplan. With the right card you could earn 2 Aeroplan points per dollar.
Unfortunately it appears that this option will be ending on January 31.
You will still, however, be able to hire an Elvis impersonator for about 17,000 points. Or redeem for 2-D glasses, a spermbike, a McWedding, or even ice cream made from breast milk if you must.