Bank of America
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Bank of America Premium Rewards
Visa
Bank of America · Mid-Tier · Personal Card
Bank of America Premium Rewards
Existing Bank of America or Merrill customers who can stack the Preferred Rewards earning bonus — the math is much less compelling without it.
Sign-Up Bonus
60,000 bonus points
after $4,000 spent in the first 90 days
Estimated value: ~$600 (at 1¢/point)
Earn Rates
2x on travel and dining, 1.5x on everything else. Bank of America Preferred Rewards banking clients can boost these rates by up to 87.5%.
2x
Travel
2x
Dining
1x
Groceries
1x
Gas & Transit
1.5x
Everything Else
Estimated redemption value: 1¢ per point/mile.
Annual Credits & Perks
~$180/yr realistic value
$100 airline incidental credit plus a $100 Global Entry/TSA PreCheck credit (once every 4 years) — realistically usable if you fly a few times a year.
Transfer Partners
This card has no airline or hotel transfer partners — points/miles redeem at a fixed rate only.
Pros & Cons
Pros
- + Straightforward fixed-value points, no transfer guesswork
- + Preferred Rewards banking clients can boost earning significantly
- + Solid airline and Global Entry/TSA PreCheck credits
Cons
- – No transfer partners means a hard ceiling on point value
- – Groceries and gas earn just 1x
- – Real value depends heavily on also banking with Bank of America for the earning boost
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