Bank of America® Premium Rewards® Visa® credit card
on Bank of America's website
Bank of America® Premium Rewards® Visa® credit card
Card details
Receive 50,000 bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
No limit to the points you can earn and your points don't expire
Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
No Foreign Transaction Fees
Low $95 annual fee
Rates, fees & offers
Annual fee
$95
Rewards rate
1.5x-2x
Bonus offer
Receive 50,000 bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening.
Intro APR
N/A
Ongoing APR
APR: 17.49% - 24.49% Variable APR
Penalty APR: up to 29.99% APR
Balance transfer fee
Either $10 or 3% of the amount of each transaction, whichever is greater.
Foreign transaction fee
None
Recommended credit score
NerdWallet review
By Ellen Cannon
Rating details
4.2
Editor's overall rating
Pros and cons
Pros
Sign-up bonus
Earn more points on travel and dining
Premium travel protections
Higher rewards rates for Bank of America and Merrill customers
Cons
Annual fee
Highest rewards rate limited to certain customers
Frequent travelers looking for flexibility in credit card rewards ought to take a look at the Bank of America® Premium Rewards® Visa® credit card — especially if they’re already Bank of America® customers with significant balances in their accounts. For a relatively modest annual fee, cardholders can earn a great sign-up bonus, good reward rates and points that have the same value regardless of how you redeem them.
For more information, and a calculator to estimate the annual rewards you'd earn with this card, see our full editorial review.
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