Bank of America · Visa
Premium Rewards Card
The Premium Rewards card earns 2 points per dollar spent.
ByHillel Sonnenschine·
The Premium Rewards card earns 2 points per dollar spent. Bank Of America Preferred Rewards customers can get an additional 25-75% reward bonuses on every purchase. Card benefits include an annual $100 airline incidental credit. Global Entry or TSA Precheck, no foreign transaction fees, purchase protection, baggage insurance, and more!
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Annual fee
$95
Welcome bonus
~$600
Purchase APR
Charge card
Foreign tx fee
None
Welcome bonus
Earn 60,000 points after spending $4,000 within the first 90 days.
Estimated value: ~$600
Benefits
- Auto CDW Insurance: Primary coverage on rentals outside your county of residence for collision damage and theft (excluding Israel, Jamaica, the Republic of Ireland, or Northern Ireland).
- Credits: Get a $100 airline incidental fee credit each calendar year to cover purchases like seat upgrades, luggage overweight fee, etc.
- Extended Warranty: Get your original manufacturer’s warranty time doubled (up to a year). (Will only cover if the original warranty is for 3 years or less). Max $10,000 per claim, $50,000 per account.
- Extra Redemption Value: Bonus rewards with Bank Of America Preferred Rewards.
- Global Entry and TSA pre-check: Get up to a $100 statement credit for Global Entry or TSA Pre-Check every 4 years.
- Lost Luggage Insurance: Get up to $3,000 per trip for lost or stolen luggage. Max is $2,000 per bag for NY residents.
- Trip Delay Insurance: If your flight is delayed for 12+ hours, you can claim up to $500 per person to cover expenses like meals, lodging, toiletries, medication, and other personal use items.
- : If your flight is delayed for 12+ hours, you can claim up to $500 per person to cover expenses like meals, lodging, toiletries, medication, and other personal use items.
Best for
Recommended credit
Good
Terms shown are illustrative based on publicly available information and may have changed. Always confirm current rates, fees, rewards, and terms with the issuer before applying.
