Bank of America® Premium Rewards® credit card

Bank of America Visa Premium Pending

Back Apply Now

13

Benefits

2

Reward Categories

2x

Max Reward

21.2%

APR From
Basic Information
PENDING

Program ID: bank-of-america-premium-rewards-credit-card

Issuer: Bank of America

Card Name: Bank of America® Premium Rewards® credit card

Card Type: Credit

Network: Visa

Card Tier: Premium

Approved: Pending

Data Complete: Complete

Created: Jan 07, 2026 07:57

Last Scraped: Jan 24, 2026 15:26

Apply URL: Visit

Home URL: Visit

Rewards Program (Detailed) 2 Categories
PENDING
Category Rate Type Description Annual Cap Status
Travel and Dining 2x Points Earn 2 points for every $1 spent on travel and dining purchases. No Cap
All Other Purchases 1.5x Points Earn 1.5 points for every $1 spent on all other purchases. No Cap
Rewards Summary
PENDING

Reward Type: Points

Base Rate: 1.5x

Bonus Rate: 3.5x

Categories: Travel, Dining

Quarterly Rotating: No

Cap Amount: $0.00

Expiration Policy: Points do not expire as long as the account is active and in good standing.

Point Value: 0.01¢

Travel Portal Multiplier: 1x

Transfer Partners: None

Redemption Penalties: None (minimum redemption amounts may apply, typically 2,500 points for $25)

Benefits & Protections (Detailed) 13 Total
PENDING
Account Management 1
Account Alerts
Customizable alerts

Get alerts for suspicious activity, payment reminders, and more, helping you manage your account effectively.

Concierge Services 1
Visa Signature® Concierge
24/7 concierge service

Enjoy complimentary 24/7 concierge services for help with travel planning, dinner reservations, event tickets, and more.

Financial Tools 1
Free FICO® Score Access
Free FICO Score

Access your FICO® Score for free within your online banking or mobile app, helping you monitor your credit health.

Payment Convenience 1
Digital Wallet Compatibility
Compatible with major digital wallets

Easily add your card to Apple Pay®, Google Pay™, and Samsung Pay for secure and convenient payments.

Rewards Earning 2
Unlimited 2x Points on Travel and Dining
2 points per $1

Earn unlimited 2 points for every $1 spent on eligible travel and dining purchases.

Unlimited 1.5x Points on All Other Purchases
1.5 points per $1

Earn unlimited 1.5 points for every $1 spent on all other purchases.

Rewards Earning Bonus 1
Preferred Rewards Points Bonus
25%-75% more points

Preferred Rewards members earn 25%-75% more points on every purchase, depending on their tier. This means 2.5 to 3.5 points per $1 on travel and dining, and 1.87 to 2.62 points per $1 on all other purchases.

Security 1
Fraud Protection
Zero liability

Zero Liability protection for unauthorized transactions, ensuring you're not responsible for fraudulent charges.

Travel Assistance 1
Travel and Emergency Assistance Services
Assistance services

Access to a wide range of travel and emergency assistance services when you're away from home.

Travel Benefits 1
No Foreign Transaction Fees
0% foreign transaction fee

Pay no foreign transaction fees on purchases made outside the U.S.

Travel Credits 2
Annual Airline Incidental Fee Statement Credit
Up to $100 annually

Receive up to $100 in statement credits annually for airline incidental fees such as seat upgrades, baggage fees, in-flight services, and airline lounge access.

Global Entry or TSA PreCheck® Application Fee Statement Credit
Up to $100 every 4 years

Receive up to $100 in statement credits for Global Entry or TSA PreCheck® application fees every 4 years.

Travel Perks 1
Visa Signature® Luxury Hotel Collection
Hotel perks

Access to premium benefits at over 900 hotels worldwide, including best available rate guarantee, automatic room upgrade upon arrival (when available), complimentary in-room Wi-Fi, complimentary continental breakfast, $25 food or beverage credit, and late checkout upon request (when available).

Benefits Summary (Flags)
PENDING

Extended Warranty

Purchase Protection

Cell Phone Protection

Travel Insurance

Primary Rental Protection

Airport Lounge Access

Trip Delay Coverage

Lost Luggage Coverage

Price Protection

Concierge Service

No Foreign Fees

ShopRunner

Global Entry Credit: $100

TSA PreCheck Credit: $100

Sign-Up Bonus
PENDING

60,000

Points/Miles

Requirement: Spend $4,000 in 90 days

Timing: Typically within 8-12 weeks after the spending requirement is met.

Fee Structure
PENDING
Annual Fee: $95.00
Year 1 Waived: No
Effective Annual Fee: $-5.00
Authorized User Fee: $0.00
Penalty APR: 0.00%
Min Interest Charge: $1.50
Additional Fees
PENDING
Late Fee: $40.00
Returned Payment: $40.00
Balance Transfer: 3% of the amount of each transfer (minimum $10)
Cash Advance: Either $10 or 5% of the amount of each cash advance, whichever is greater.
Foreign Transaction: 0.00%
Interest Rates & APR
PENDING
Standard APR

Purchase APR: 21.24% - 29.24%

Balance Transfer APR: 21.24%

Cash Advance APR: 29.99%

Intro APR Offers

Intro Purchase APR: 0% for 0 months

Intro BT APR: 0% for 0 months

Approval Criteria & Requirements
PENDING
Credit Score Requirements
740 - 850
Good
Hard Pull Only
Application Process
Not Available
Not Available
Experian, TransUnion, Equifax
Issuer Rules & Policies
PENDING

Rules: Applicants for the Bank of America Premium Rewards card in 2026 are expected to require a good to excellent credit score (typically 700+ FICO), U.S. residency, and a valid SSN/ITIN. Applicants must be 18 years or older. **Application Rules (Bank of America 2/3/4 Rule):** This rule limits new Bank of America credit card approvals to: * No more than 2 new cards within a 2-month period. * No more than 3 new cards within a 12-month period. * No more than 4 new cards within a 24-month period. These rules apply across all Bank of America credit card products. **Sign-up Bonus Eligibility:** New cardholders are typically eligible for a one-time sign-up bonus (e.g., 60,000 points after spending $4,000 in the first 3 months). Re-eligibility for the bonus on the same product is generally restricted for 24 months after receiving a previous bonus. **Key Feature:** The card's earning potential is significantly enhanced by participation in the Bank of America Preferred Rewards program, offering a 25% to 75% bonus on base earnings depending on your tier (based on combined assets with Bank of America and Merrill Lynch).

Max Cards Per Issuer: 4

Min Spend Interval: 3 months

Shutdown Risk Triggers: Manufactured spending (MS) activities, rapid accumulation of high credit limits across multiple Bank of America cards, frequent balance transfers without organic spend, defaulting on payments, suspicious account activity, or a significant drop in credit score after approval.

Cliff Effect Rules: The primary cliff effect for this card relates to the Bank of America Preferred Rewards program. If your combined assets with Bank of America and Merrill Lynch fall below the threshold for your current Preferred Rewards tier, your bonus earning rate (25%, 50%, or 75%) will decrease to the lower tier's rate or be eliminated entirely if you fall out of the program. Additionally, eligibility for sign-up bonuses for the same product is typically restricted if a bonus was received within the last 24 months.

International Friendly: Yes

User Analytics & Insights
PENDING
User Ratings

Average Rating: 4.0 / 5.0

Top Positive:
Strong flat-rate rewards, valuable travel credit, no foreign transaction fees, and enhanced rewards for Preferred Rewards members.

Top Negative:
Annual fee, points not transferable to airline/hotel partners, and limited premium travel perks compared to higher-tier cards.

Approval Experience: 80.0 / 100

Recommended Alternatives
  • Chase Sapphire Preferred Card
  • Capital One Venture X Rewards Credit Card
  • Citi Premier Card

Card Value Score: 78.0 / 100

Est. Annual Rewards: $650.00

Approval Probability: 85.0%

Version Control
PENDING

Version ID: v1.0

Last Updated: May 15, 2024 00:00