BANK OF AMERICA® Premium REWARDS CARD
A versatile travel and dining card offering elevated rewards and built-in travel perks. Ideal for Bank of America customers looking to boost point earnings through the Preferred Rewards program.
WHAT MAKES IT UNIQUE?
This card combines everyday simplicity with premium-level value, especially when paired with Bank of America banking products.
- 2X points on travel and dining
- 1.5X points on all other purchases
- Points are flexible—redeem for travel, cash back, gift cards, or Merrill investments
- Points never expire and there’s no limit to how much you can earn
- Earn up to 3.5X on travel/dining and 2.62X on other purchases with Preferred Rewards
WELCOME BONUS & CREDITS
A strong bonus and helpful credits boost value in the first year and beyond.
- 60,000 bonus points (worth $600) after spending $4,000 in the first 90 days
- $100 airline incidental credit each year (for seat upgrades, baggage, etc.)
- $100 Global Entry/TSA PreCheck® credit every 4 years
- Combine with Preferred Rewards to maximize your earning potential
PAYMENTS & TERMS
Simple structure and competitive benefits with a modest fee.
- Annual fee: $95
- No foreign transaction fees
- Standard variable APR; no intro APR period
- Best suited for those with excellent credit and/or existing BofA relationships
OTHER CARD FEATURES
Comes with a solid set of protections and premium benefits for travelers.
- Trip delay/cancellation insurance
- Lost luggage reimbursement
- Purchase security & extended warranty
- Travel and emergency assistance services
- Auto rental collision coverage
Top Credit Card Providers Compared – Rewards, Intro Apr & annual Fee
Pros of BOA® Customized Cash Rewards
- Strong Base Rewards
- Preferred Rewards Boost
- Valuable Credits
- Flexible Redemption Options
Cons of BOA® Customized Cash Rewards
- No Intro APR Offer
- Best Value Requires BofA Relationship
- Limited Travel Perks Compared to Premium Cards
- $95 Annual Fee
