The Bank of America® Premium Rewards® Credit Card offers a lucrative online bonus points offer, unlimited points earning potential, premium benefits, and security features. Learn more about its advantages, disadvantages, and how to apply.

Advantages of the card Bank of America® Premium Rewards®

The card offers a generous online bonus points offer of 60,000 points, equivalent to a $600 value, after making $4,000 in purchases within the first 90 days of account opening. It provides unlimited 2 points for every $1 spent on travel and dining purchases and 1.5 points per $1 on all other purchases. Additionally, there’s no limit to the points you can earn, and they never expire. Cardholders can redeem points for various options including cash back, statement credit, or gift cards. The card also offers up to $200 in travel statement credits annually, including $100 for airline incidental statement credits and $100 for Airport Security Statement Credits.

Disadvantages of the card Bank of America® Premium Rewards®

While the card offers substantial benefits, it does come with a $95 annual fee. Additionally, the APR ranges from 20.24% to 27.24%, which might be high for some users.

Extra features offered by Bank of America® Premium Rewards®

The card provides premium benefits such as travel protections including trip delay, cancellation, and baggage delay insurance, purchase protections like Warranty Manager Service, and automotive protections including Roadside Dispatch Program. Cardholders also get access to the Visa Signature Luxury Hotel Collection and Visa Signature concierge service. Security features include fraud detection, $0 Liability Guarantee, and Contactless Chip Technology for secure payments.

Learn how to apply for your credit card Bank of America® Premium Rewards®

To apply for the Bank of America® Premium Rewards® Credit Card, visit the Bank of America website or use the mobile app. Alternatively, you can apply at a Bank of America financial center or call the bank.

Discover the main ways to apply for the card Bank of America® Premium Rewards®

You can apply for the card directly from the Bank of America website by filling out an online application. Alternatively, you can download the Bank of America mobile app and apply through it. If you prefer a more personal approach, you can visit a Bank of America financial center and apply in person, or you can call the bank’s customer service to apply over the phone.

Prerequisites for request

To apply for the Bank of America® Premium Rewards® Credit Card, you need to meet certain criteria including having a good credit score, being a U.S. citizen or resident, and meeting the income requirements set by Bank of America. Additionally, you’ll need to provide personal information such as your Social Security number, income details, and employment information.

From the site

Visit the Bank of America website, navigate to the credit cards section, and select the Premium Rewards® Credit Card. Fill out the online application form with your personal and financial details, and submit it for review.

From the site App

Download the Bank of America mobile app from your app store, log in or create an account, and navigate to the credit cards section. Select the Premium Rewards® Credit Card and fill out the application form provided. Submit the application for review.

By agency

Visit a Bank of America financial center near you, speak to a representative, and express your interest in applying for the Premium Rewards® Credit Card. The representative will assist you with the application process and guide you through the necessary steps.

The Bank of America® Premium Rewards® Credit Card offers a plethora of benefits including a generous bonus points offer, unlimited points earning potential, premium benefits, and security features. While it comes with an annual fee and variable APR, the rewards and perks outweigh the costs for frequent travelers and diners. With multiple redemption options and additional rewards for Preferred Rewards members, this card proves to be a valuable addition to one’s wallet.