Travel Rewards card review
Bank of America® Premium Rewards® credit card
The card gets considerably better if you already bank with Bank of America, because Preferred Rewards multiplies the earning rate.
Open to new applicantsPartly verified
At a glance
Annual fee$95
Welcome offer60,000 online bonus points
IssuerBank of America
Rewards programBank of America Rewards
Foreign transaction feeNone
Welcome offer
60,000 online bonus points.
Bank of America describes this as an online bonus and values it at $600. The spend requirement was not shown on the listing page.
Offers vary. Welcome offers on this card can differ by applicant, by referral and by the link you apply through. The figure above is what our source showed on the date given, not a guarantee of what you will be offered.
Earning rates
Not verified. We could not confirm this card's earning rates against a page we could read during this build, so none are listed. We would rather leave this blank than print a number we have not checked. The issuer's own product page has the current rates.
Benefits and credits
- No foreign transaction fees Stated on Bank of America's own listing page.
- Preferred Rewards boost Qualifying Bank of America and Merrill balances increase the earning rate substantially. The tiers are the main reason to hold this card.
Restrictions worth knowing
- Bank of America's 2/3/4 rule limits how many of its cards you can open in a rolling period.
- The Preferred Rewards boost requires qualifying deposit or investment balances.
How to use it well
- Work out your Preferred Rewards tier first. Without it the card is unremarkable; at the top tier it is competitive with cards charging far more.
- Confirm the airline incidental and Global Entry credits on the product page. They were not shown on the listing page we checked.
Sources and freshness
What we checked: Fee, no-foreign-fee status and the 60,000-point online bonus read from Bank of America's own card listing page on 2 November 2026. Spend requirement, earning rates and credits were not shown and are left blank.
- Bank of America: credit cards — read November 2, 2026
Last updated: November 2, 2026.
Other Bank of America cards
- Bank of America® Customized Cash Rewards credit card — $0, open to new applicants
- Bank of America® Unlimited Cash Rewards credit card — $0, open to new applicants
- Bank of America® Travel Rewards credit card — $0, open to new applicants