Bank of America Premium Rewards Card
| Annual fee | $95 Fact |
| Foreign transaction fee | None |
| Rewards currency | points |
| Est. point value | 1.00¢ Estimate |
Last updated Jul 24, 2026
Checked Jul 24, 2026
Before you apply
General Bank of America policies as commonly reported by applicants, not a prediction about your application.
📈 Sign-up bonus history
5-year best: 60,000 pointsView as a table
| Period | Bonus | Spend requirement |
|---|---|---|
| Jul 2021 to Sep 2023 | 50,000 points | $3,000 |
| Sep 2023 to now | 60,000 points Best | $4,000 |
Historical levels reconstructed from periodic snapshots of public offer pages; short-lived offers between samples may be missing. Elevated or targeted offers are not shown.
How you earn
| Category | Rate | Currency | Cap |
|---|---|---|---|
| Restaurants | 2x | points | No cap |
| Travel | 2x | points | No cap |
| Everything else | 1.50x | points | No cap |
Recurring credits
Estimated value| Up to $100 in Airline Incidental Statement Credits annually for qualifying purchases such as seat upgrades, baggage fees, in-flight services, and airline lounge fees, automatically applied to your card statement | $100/yr (Calendar Year) |
| Up to $100 in Airport Security Statement Credits for TSA PreCheck or Global Entry application fees, every four years | $25/yr (one-time/annual) |
Credit value depends on whether you use each credit; treat these as potential value.
Benefits & protections
Card factsEnjoy a premium set of benefits when you use your Premium Rewards card to book through the Visa Signature Luxury Hotel Collection.
The Visa Signature concierge service gives you access to concierges who can help with travel planning, restaurant recommendations and event reservations.
An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your eligible Bank of America checking account to your credit card. No transfer fees.
We block potential fraud if abnormal patterns are detected and let you know if we suspect fraudulent activity. Plus, you always get a $0 Liability Guarantee for fraudulent transactions.
Purchase protections like Warranty Manager Service, Return Protection and Purchase Security that can help with repair, replacement or reimbursement on purchases, or extend the manufacturers' warranty
Travel Insurance protections to assist with trip delays, cancellations and interruptions, baggage delays, lost luggage and emergency evacuation and transportation.
24/7 Roadside Dispatch Program, plus added protection with Auto Rental Collision Damage Waiver.
How to redeem
points don't transfer to airline or hotel partners. Redeem them by booking travel through the issuer's travel portal or converting to cash / statement credit at the estimated value shown above.