Credit Cards»Bank of America Credit Cards»Bank of America® Premium Rewards® credit card

Bank of America® Premium Rewards® credit card

Good to Excellent Credit Recommended (670-850) ? CreditCards.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Apply Now at Bank of America's Secure Site
Good to Excellent Credit Recommended (670-850) ? CreditCards.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Apply Now at Bank of America's Secure Site
Intro Bonus
50,000 pointsReceive 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
Reward Rates
2XEarn unlimited 2 points for every $1 spent on travel and dining purchases.
1.5XEarn unlimited 1.5 points per $1 spent on all other purchases.
Balance Transfers Intro APR
N/A
Purchases Intro APR
N/A
Regular APR
15.99% - 22.99% Variable APR on purchases and balance transfers
Annual Fee
$95

Great for:

Flat-rate rewards. This card’s 1.5X points on purchases other than travel and dining beats out other top travel cards. There’s a 50,000-point sign-up bonus after a $3,000 spend within the first 90 days of card membership.

See more of the best rewards credit cards of 2020.

Highlights

  • 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 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 $100 in Airline Incidental Credits annually and TSA Pre✓ ®/Global Entry Statement Credits of up to $100, every four years
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • Contactless Cards - The security of a chip card, with the convenience of a tap

Features

  • Airline
    Airline
  • Annual Travel Credit
    Annual Travel Credit
  • EMV
    EMV
  • Excellent Credit
    Excellent Credit
  • FICO Score
    FICO Score
  • Hotel
    Hotel
  • Lost Luggage Reimbursement
    Lost Luggage Reimbursement
  • Mobile Pay Ready
    Mobile Pay Ready
  • No Foreign Transaction Fees
    No Foreign Transaction Fees
  • Points
    Points
  • Rewards
    Rewards
  • Travel
    Travel
  • Travel Accident Insurance
    Travel Accident Insurance
  • Trip Cancellation Insurance
    Trip Cancellation Insurance
  • TSA/Customs Reimbursement
    TSA/Customs Reimbursement
  • Unsecured credit card
    Unsecured credit card
  • Visa Signature®
    Visa Signature®
  • Zero Fraud Liability
    Zero Fraud Liability

Staff Review

 

Editor's Rating:

4.2-star review

4.2 out of 5

Our take: The Bank of America Premium Rewards card combines the features of a cash back card with the features of a premium travel card for a great value.

Read full review

 

All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer. The information, including card rates and fees, presented in the review is accurate as of the date of the review.

Cardholder Reviews

Bank of America® Premium Rewards® credit card

Average Ratings: (collected by Bank of America)
4.2 out of 5 stars
Ratings and reviews provided by issuer as of 2020-09-28.

For customer reviews and the most recent star ratings please click here