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The Bank of America® Premium Rewards® credit card, popular among travelers, is bolstering rewards on spending in a non-travel category.
Through Dec. 31, 2021, cardholders can earn 2 points for every $1 spent on grocery store purchases. (Grocery store spending usually earns only 1.5 points per dollar.)
The issuer has offered other non-travel incentives throughout the pandemic as travel remains largely curtailed.
Other card features are unchanged
2 points per $1 spent on travel and dining purchases.
1.5 points per $1 on all other spending.
Cardholders who are members of Bank of America’s Preferred Rewards program with at least $20,000 in combined balances in Bank of America® or eligible Merrill accounts can also earn a 25% to 75% boost in points on every purchase.
Annual fee: $95
Sign-up bonus: Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening.