Bank of America® Premium Rewards®

#Travel #Rewards #No Foreign Transaction Fee #Excellent Credit #Good Credit

Issuer

Bank of America

Visa

20.24% - 28.24%

$95.00

60,000 Points

1.5x-2x Points

690 - 850 (Good - Excellent)

✅ Preferred Rewards® members can earn a 25%–75% rewards boost, providing excellent value for eligible users.

✅ Generous sign-up bonus of 60,000 points ($600 value) after meeting spending requirements.

✅ Offers $100 annual airline incidental statement credit, effectively reducing the $95 annual fee.

✅ Provides up to $100 TSA PreCheck® or Global Entry credit every four years.

✅ No foreign transaction fees, making it suitable for international travel.

✅ Flexible redemption options for points, including cash back, travel, and statement credits.

❌ Rewards rates are less competitive without Preferred Rewards status, requiring $50,000 in qualifying Bank of America or Merrill accounts.

❌ Minimum redemption requirements: 2,500 points for cash back or travel, 3,125 points for gift cards.

❌ No airline or hotel transfer partners, limiting travel redemption flexibility.

❌ The $100 airline credit is restricted to incidental fees, not applicable to airfare or broader travel purchases.

❌ No intro APR offer on purchases or balance transfers.

❌ Annual fee of $95 may not appeal to users who want no-fee cards.

No combinations available.