Bank of America Premium Rewards
60,000 points welcome · 2x on travel · $95/yr
The Bank of America Premium Rewards earns a steady 1.5 points per dollar on everything and 2 points on travel and dining, which makes it a sensible everyday card for someone who wants a travel-leaning rewards card without juggling categories. The $95 annual fee is largely covered by a $100 annual airline incidental credit for things like baggage fees and seat upgrades, and there is also a Global Entry or TSA PreCheck credit of up to $100 every four years. New cardholders get 60,000 points after $4,000 in purchases in the first three months, and there are no foreign transaction fees. The tradeoff is that the earn rates are modest, so it rarely outpaces a strong category card where you spend the most. It works best if you will use the airline credit every year, which effectively makes it a no-fee card.
Earn rates & credits
| Category | Rate |
|---|---|
Travel | 2x |
Dining | 2x |
Everything Else | 1.5x |
| Benefit | Value |
|---|---|
Airline Incidental Credit Annual statement credit for qualifying airline incidentals like seat upgrades, baggage fees, and in-flight services | $100 /yr |
Global Entry / TSA PreCheck Credit Up to $100 statement credit for Global Entry or TSA PreCheck application fee every four years | $100 every 4 yr |
| Total annual credits | $125 |
Card details
Regular APR | 19.49%–27.49% variable |
Foreign transaction fee | None |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Bank of America Premium RewardsBased on 2 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.