Advertiser & Editorial Disclosure

Bank of America® Premium Rewards® credit card

Receive 60,000 online bonus points - a $600 value - after you make at least $4,000 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 for every $1 spent on all other purchases. No limit to the points you can earn and your points don't expire as long as your account remains open. If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means you could earn 2.5-3.5 points on travel and dining purchases and 1.87-2.62 points on all other purchases, for every $1 you spend. 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 PreCheck®/Global Entry Statement Credits of up to $100, every four years. Travel Insurance protections to assist with trip delays, cancellations and interruptions, baggage delays and lost luggage. 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
20.24% - 27.24% Variable APR on purchases
Annual Fee
$95
Welcome Offer
60,000 online bonus points – a $600 value – after you make at least $4,000 in purchases in the first 90 days of account opening.
Rewards Rate
2 points for every $1 spent on travel and dining purchases and 1.5 points for every $1 spent on all other purchases.
Foreign Transaction Fee
None

Reviews

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