Whether you are dining out or exploring new destinations, this new credit card ensures you earn unlimited points on every purchase.
It is the perfect credit card for travel rewards because it combines high earning rates with statement credits that more than offset the low annual fee.
Is the Bank of America Premium Rewards a good card?
Bank of America has tailored this product for individuals who value flexibility in their personal finance management.
You can redeem your points for cash back, statement credits, or even gift cards, proving it is much more than a typical starter credit card by providing professional-grade value to every cardholder.
Pros and cons of the Bank of America Premium Rewards
Before making your decision, it’s important to weigh the pros and cons:
Pros
- Massive sign-up bonus: earn 60,000 points ($600 value) after your first $4,000 in purchases.
- Annual travel credits: get up to $200 back in credits for airline fees and airport security.
- No foreign fees: this is the ideal credit card for travel rewards as it has no foreign transaction fees.
Cons
- Annual fee: there is a modest $95 annual fee to maintain these premium perks.
- Spend requirement: the bonus requires a higher initial spend compared to a starter credit card.
How to apply for your Bank of America Premium Rewards
The current credit card offer is highly competitive, and the points you earn never expire as long as your account is open.
Start your credit card application now to secure your $600 bonus and begin enjoying the elite lifestyle that only Bank of America can provide.