Bank of America Premium Rewards
With Preferred Rewards Platinum Honors, this becomes a 2.62% everything card.
★ 7.9/10Bank of AmericapersonalBank of America Points
View Current OfferBest for: BofA Preferred Rewards members
Welcome Bonus
60,000
≈$600 value
Spend Requirement
$4,000
in 3 months
Annual Fee
$95
No FTF
Credit Score
700+
(Good-Excellent)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Sign-Up Bonus (points)Spending Requirement ($)
Last verified 2026-01-15 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 2xTravel and dining
- 1.5xEverything else
Credits ($100/yr stated)
- Airline incidental credit$100
Benefits
- ✦Preferred Rewards boosts earn up to 75%
- ✦TSA PreCheck/Global Entry credit
Why it earns its spot
- +2.62% flat with Platinum Honors is the best uncapped flat rate anywhere
- +Credit + bonus easily clears the fee
Where it costs you
- −Needs $100k at BofA/Merrill to unlock the magic
- −Points are fixed-value
The Compound Verdict
If you keep investments at Merrill, this quietly beats every 2% card in existence. Without Preferred Rewards, skip it.
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