A deep dive into one of the most versatile and rewarding travel cards for high-value redemptions, everyday spending, and luxury perks.
Luana Ribeiro · May 26, 2025 · 3 minutes
The Bank of America® Premium Rewards® Credit Card combines powerful rewards with travel-friendly features, making it a solid choice for both frequent travelers and everyday spenders.
With a compelling welcome bonus, high earning rates, and flexible redemption options, this card is engineered to provide real long-term value.
Right out of the gate, new cardholders can earn 60,000 online bonus points, worth $600, after spending $4,000 in the first 90 days.
This sign-up bonus alone can cover flights, hotels, or statement credits — providing instant value to offset the card’s $95 annual fee.
Earning rewards is simple and rewarding: you get 2 points per dollar on travel and dining purchases, and 1.5 points per dollar on everything else.
Unlike many cards with rotating categories or caps, the Premium Rewards® card gives you consistent value across the board — and points never expire as long as your account is open.
If you’re a Bank of America Preferred Rewards® member, you can unlock even more value: up to 75% more points on every purchase.
That boosts your rewards potential to 3.5 points per dollar on travel and dining, and 2.62 points on general spending — making it one of the most generous programs in its category.
What truly sets this card apart are the premium benefits: up to $100 in airline incidental credits each year, which can be used for seat upgrades, baggage fees, or lounge access.
Plus, receive another $100 credit every four years for TSA PreCheck® or Global Entry — helping you skip long security lines during your travels.
The card has no foreign transaction fees, making it ideal for international travel.
It also includes travel and purchase protections, Visa Signature® Luxury Hotel Collection perks, and access to concierge service, offering convenience and peace of mind on the road.
For those who value both rewards and protection, the Bank of America® Premium Rewards® card strikes a strong balance.
It isn’t just about points — it’s about travel confidence, flexible redemptions, and maximizing your everyday purchases.
Luana Ribeiro
I'm Luana Ribeiro, a 24-year-old from São Paulo, Brazil. I have a degree in Psychology, but I currently work as a writer and head of content at Cashflowlr. My job is to turn ideas into engaging, clear, and relevant content. I specialize in strategic communication, copywriting, and SEO. I’m skilled at adapting language to different audiences and niches, always aiming to create value and connection through words. Organized and passionate about writing, I continue to grow in the content field, constantly learning and crafting texts that inform, inspire, and communicate with purpose and authenticity.