Advertiser & Editorial Disclosure

Bank of America® Premium Rewards® credit card

Receive 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. Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Plus, earn 2 points for every $1 spent on grocery store purchases – now through 12/31/21. Earn 1.5 points for every $1 you spend on all other purchases. No limit to the points you can earn and your points don't expires. If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. 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 $100 in Airline Incidental Statement Credits annually and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years. No Foreign Transaction Fees. Low $95 annual fee. This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Nav's Verdict

Cost
50% Complete
HighLow
Effort to Apply
10% Complete
DifficultEasy
Card Perks
80% Complete
PoorGood
Features
70% Complete
PoorGood

9/10

Bottom Line

A great travel rewards card for everyday spending, especially when paired with Bank of America Preferred Rewards.

Pros

Great rewards and benefits, including statement credits for expedited airport screening.

Cons

Annual fee and higher APR.

Rates and Fees
Intro APR
N/A
Purchase APR
15.99% - 22.99% Variable APR
Annual Fee
$95
Welcome Offer
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.
Rewards Rate
Earn unlimited 2 points for every $1 you spend on travel and dining purchases. Plus, earn 2 points for every $1 spent on grocery store purchases – now through 12/31/21. Earn 1.5 points for every $1 you spend on all other purchases.
Foreign Transaction Fee
None

Reviews

Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.