Bank of America Premium Rewards

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Annual Fee: $95

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Advertiser Disclosure

Welcome Offer

Earn 50,000 online bonus points

a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening

Points

Earn 2x points on every dollar spent on travel and dining

1.5x

Points

Earn 1.5 points on all other purchases

$200

Travel Statement Credits

Earn up to $100 Airline Incidental Statement Credit for qualifying travel purchases and $100 Airport Security Statement Credit towards Airport Security benefits

Foreign Transaction Fee

No foreign transaction fees when using this card

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Last Updated: 02/10/2020

Rewards Highlights

Receive 50,000 bonus points- a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
If you’re a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
No limit to the points you can earn and your points don’t expire
Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
No Foreign Transaction Fees
Low $95 annual fee

Card Overview

The Bank of America Premium Rewards is an amazing credit card for Travel, Gas and Groceries. When you sign up for this credit card, you get 50,000 Points as a welcome offer with an annual fee of $95. The foreign transaction fee on the Bank of America Premium Rewards is N/A. In order to get approved for this credit card, you should have a good-excellent credit rating.

The Bank of America Premium Rewards is also amazing for having for Receive 50,000 bonus points- a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening, Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases, If you’re a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase, No limit to the points you can earn and your points don’t expire, Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center, Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections, No Foreign Transaction Fees and Low $95 annual fee.

Real Reviews by Real People

If you need a credit card that gives you tons of points, perks and protections, the Bank of America Premium Rewards card should be at the top of your list. Bank of America has been one of the most respected financial institutions for decades, and it’s the second largest bank in the country, with more than $2 trillion in total assets and more than 24 million clients. The Premium Rewards card is one of the most popular and prestigious cards Bank of America offers, and with good reason. It has a killer sign up bonus, easy-to-earn points and high-level perks — and that’s just for starters.