Bank of America Premium Rewards
60,000 points welcome · 2x on travel · $95/yr
The Premium Rewards keeps things simple: 2 points per dollar on travel and dining, 1.5 on everything else, and no foreign transaction fees, so there are no categories to track and no penalty for spending abroad. Against the $95 annual fee sit a $100 annual airline incidental credit and up to $100 for Global Entry or TSA PreCheck every four years, which means the card pays for itself in any year you actually use the airline credit. The opening offer is 60,000 points after $4,000 of spending in the first three months. The flat 1.5x floor is the honest tradeoff: it is a fine default rate rather than a standout one, so the case for the card rests on the credits and the 2x on travel and dining. It suits someone who wants one uncomplicated travel card and will remember to spend that airline credit each year.
Earn rates & credits
| Category | Rate |
|---|---|
Travel | 2x |
Dining | 2x |
Everything Else | 1.5x |
| Benefit | Value |
|---|---|
Airline Incidental Credit Annual statement credit for qualifying airline incidentals like seat upgrades, baggage fees, and in-flight services | $100 /yr |
Global Entry / TSA PreCheck Credit Up to $100 statement credit for Global Entry or TSA PreCheck application fee every four years | $100 every 4 yr |
| Total annual credits | $125 |
Card details
Regular APR | 19.49%–27.49% variable |
Foreign transaction fee | None |