Written by Amy 9 months ago
Although this card has a $95 annual fee, it offers more rewards than other Bank of America® cards and is a good fit for Bank of America customers looking for both cash back and travel redemption options.
Review of the Bank of America Premium Rewards Credit Card
With the Bank of America Premium Rewards Credit Card you earn unlimited 2X points for travel and dining and 1.5X points on everything else. Points can be redeemed for cash back as a statement credit, deposit into eligible Bank of America or Merrill Lynch accounts, gift cards, and Bank of America® Travel Center purchases.
Travelers will also appreciate up to a $100 in airline statement credits and $100 TSA Pre-check/Global Entry statement credit. These statement credits alone justify the $95 annual fee, but if you still need convincing, the 50,000 bonus point welcome offer should do the trick.
The Bottom Line
With its big 50,000 bonus points sign-up bonus, this rewards card is a great way to quickly rack up points on travel and dining purchases.