Bank of America® Premium Rewards®

Bank of America® Premium Rewards®
Issued by Bank of America
Advertiser Disclosure
Annual Fee
Regular APR
17.99% - 24.99% Variable

Additional Information

Balance Transfer Fee
3% (min $10)
Purchase Intro APR
Not Offered
Transfer Intro APR
Not Offered
Late Payment Fee
Returned Payment Fee
Up to $27
Cash Advance Rate
See Terms
Cash Advance Fee
See Terms
Foreign Transaction Fee
Smart Chip
Yes, chip-and-PIN
Sponsored Links

Sign-up Bonus

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 client, you can get a 25%-75% rewards bonus on every purchase.
No limit to the points you can earn and your points don’t expire
Flexibility to redeem for a statement credit, deposit into eligible Bank of America® or Merrill Lynch® accounts like checking, savings, and 529, for gift cards or use 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

Application Requirements

Minimum credit score
Minimum Age
18 years of age

How To Apply Bank of America® Premium Rewards®

  1. Press the “Apply” button below!
  2. Complete the application with your personal details and financial details.
  3. Review and submit your application.
Sponsored Links

How To Use Bank of America® Premium Rewards®

  1. You can only use the Bank of America® Premium Rewards® at Store
  2. You can use the Bank of America® Premium Rewards® anywhere that Visa/Master is accepted
  3. Pay your balance on time.
  4. Avoid unnecessary interest and fees.
  5. If you have any question, you can contact the credit card's customer service.

Credit Card Reviews

11 Reviews
Post A Reviews

Write A Review

User Name

Customer BEWARE!!!!
1 year ago

If you would like a horrible credit card with even worse customer service then this card is for you. This company has the worst customer service that I've ever dealt with and I was a card holder for over 16 years. I paid my card off and they indicated they didn't have my social security number after a 16 year card holding time frame. I filled out their form as requested and returned it in their envelope.. They cancelled my card as they said I did not return the form but get this, they did NOT send a letter to inform me that my card was cancelled..After three calls I finally got a lady who said they left me a voicemail to inform me they cancelled my card after 16 years. No voicemail...What a pathetic joke of a company. If you are unfortunate enough to select this card may God have mercy on your soul.

Great cash bonus but try and file a trip cancellation claim..... it will not happen.
1 year ago

The cash bonus on this card is amazing, I qualify for the 75% bonus. Four months ago I tried to claim a trip cancellation claim and the 3rd vendor that Bank of America uses and I get transferred to says that my card does not cover trip cancellation. Call back to Bank of America and they say they have issues with their databases linking with the 3rd party. I understand that could happen but after 4 months it should be fixed.

Great card for 5.25 years
1 year ago

This is strictly when comparing the Bank of America Travel Rewards (Blue Card) and the Bank of America Premium Rewards (Grey Card). I currently own the blue card and have been reaping the rewards for the last several years. Recently the grey card has come into my scope so I started crunching the numbers. At the end of the day, the grey card will give you 0.5% more back on travel purchases over the blue card. This comes at a cost of $95/year. To make up for that annual fee, you would need to spend $19,000/year on qualifying travel purchases. However, signing up for the grey card will get you a $500 credit, therefore, the first 5.25 years worth of annual fees could be covered by that bonus. *This doesn't account for the $100 credit for TSA/Airline fees. Just something for those already rocking the blue card to consider.

Best benefits on everyday purchases!
1 year ago

Annual fee is recovered for 5 years if you purchase $3000 in first 90 days. 

Simple and great bonus
1 year ago

This card is the best simple rewards card, in my opinion. IF you can get to the 50% or 75% bonus level with Merrill account that is. Then you have an all around excellent card, 3.5% cash back on dining / travel, 2.6% on everything else, 0% foreign transaction fee, excellent ancillary benefits, reasonable annual fee (which can be offset), and extremely easy cashback redemptions.

View More Reviews

More Credit Cards Like Bank of America® Premium Rewards®

About Cards-Offer

About three-quarters of Americans have at least one credit card,In fact, the average person has 3.4 cards. But whether you have a wallet full of plastic or have never charged a purchase in your life, you should know how to apply for a credit card the right way when the time comes. getting approved for a credit card requires proactive planning that should start long before you apply. That's why Cards-Offer born, we aim to help you to find the right credit card, and then successfully apply a credit card.

How To Apply For A Credit Card

Credit card applications are straightforward, but you'll need to meet some minimum financial requirements to get approved for the best credit card offers. Learn how to apply for a credit online and what to expect after you click submit.

  • Knowing your credit score and what's on your credit report can help you determine what products to apply for. If you have fair credit, for example, you may not want to apply for a card that clearly states that only applicants with excellent credit will be approved.
  • If you don't have good credit, you may find it difficult to get approved for a card with a large sign-up bonus and a lucrative reward structure. Each credit card application ends up on your credit report, so the Nerds recommend using our credit cards comparison tool to find a card that fits your credit profile before applying.
  • If the card allows balance transfers, you may request to have balances transferred from other credit card accounts to the new card.
  • To apply for a credit card in the US, you’ll need a valid Social Security number and a positive credit history. The best rewards credit cards may require at least three to five years of good credit history, and some more than seven.
Join Cards-Offer Newsletter Now!

Never miss a good chance to get a better Credit Card. Get top Credit Card Notifications from more than 100 Credit Card Categories!

We will not share your email in any cases.

Popular Credit Card