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Bank of America® Premium Rewards® Credit Card

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Our rating
Credit range: Good
Annual Fee: $95
Regular APR: 18.24%–25.24% Variable

Bank of America® Premium Rewards® Credit Card

Our rating
Good Credit range
$95 Annual Fee
Apply Now Read our Review

Highlights & Features

Rewards

  • 2X points per dollar for:
    • Travel
    • Dining
  • 1.5X points per dollar for all other purchases

INTRODUCTORY BONUS

50,000 bonus points for spending $3,000 in the first 90 days

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR None
Regular Balance Transfer APR 18.24%–25.24% Variable
Balance Transfer Fee 3%, $10 minimum

Fees

Penalty APR Up to 29.99% Variable
Late Fee Up to $39
Returned Payment Fee Up to $28
Additional Cards Annual Fee None
Foreign Transaction Fee None

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

  • Cash Advance APR: 21.24%–27.24% Variable
  • Cash Advance Fee: See Terms
ABOUT THE ISSUER

Bank of America

Bank of America has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-432-1000 or

Try a different phone number
See all Issuer Cards
Bank of America® Premium Rewards® Credit Card

Highlights

  • 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 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 Edge® and Merrill Lynch® accounts, or gift cards or purchases 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
  • No Foreign Transaction Fees
  • Low $95 annual fee

The Bank of America® Premium Rewards® Credit Card is ideal for travelers. It offers travel insurance protections and access to the Visa Signature® Luxury Hotel Collection and the Visa Signature® Concierge service, as well as other travel perks including up to $200 in travel statement credit rewards.

You’ll also get 2X points per dollar for all travel and dining purchases, and 1.5X points per dollar on all other purchases.

You have the option to receive 50,000 bonus points after you make at least $3,000 in purchases in the first 90 days of account opening.

This card has a $95 annual fee.