Bank of America® Premium Rewards®

Dining is the strongest category at 2% effective value (2x points at about 1 cents each). That dining rate ranks higher than about 29% of the 1,547 cards we track in that category. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.

Dining is the strongest category at 2% effective value (2x points at about 1 cents each). That dining rate ranks higher than about 29% of the 1,547 cards we track in that category.

Madeen values Bank of America points at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.

The Bank of America Premium Rewards has 1 notable cap or condition rule(s) in Madeen's catalog, including activation windows, spend limits, and category exclusions. Review each bullet below before assuming unlimited earn rates. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.

• Earn unlimited 2 points for every $1 spent on dining purchases

The Bank of America Premium Rewards fits spenders who put meaningful volume in dining and can earn 2x points. Best for spenders who put meaningful volume in dining and can earn 2x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.

Bank of America Premium Rewards fits spenders who put meaningful volume in dining and can earn 2x points. Madeen ranks its dining effective rate higher than about 29% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.

Best for spenders who put meaningful volume in dining and can earn 2x points. The welcome bonus can help if you can meet the spend requirement. Travel perks may add value beyond the earn rate.

Compare it against simpler no-fee cards if you want minimum complexity.

Best for dining-heavy spend when the $95 fee fits your usage; confirm issuer terms before applying. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.

The Bank of America Premium Rewards has an annual fee of $95 and a foreign transaction fee of None. New applicants may see: 60,000 online bonus points — a $600 value — after you make at least $4,000 in purchases in the first 90 days of account opening.. Confirm current issuer terms before applying.

Annual fee

$95

Foreign transaction fee

None

Signup bonus

60,000 online bonus points — a $600 value — after you make at least $4,000 in purchases in the first 90 days of account opening.

The Bank of America Premium Rewards includes Trusted traveler credit, $100 airline incidental credit, Airport Security Statement Credits, Automotive protections in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.

• Trusted traveler creditGet up to $120 in Airline Incidental Statement Credits annually and TSA PreCheck®/Global Entry Statement Credits of up to $120, every four years.

• $100 airline incidental credit

  Get up to $100 in Airline Incidental Statement Credits annually for qualifying purchases such as seat upgrades, baggage fees, in-flight services, and airline lounge fees - automatically applied to your card statement

• Airport Security Statement Credits

  Get up to $120 in Airport Security Statement Credits for TSA PreCheck® or Global Entry application fees, every four years

• Automotive protections

  Feel safer on the road with our 24/7 Roadside Dispatch Program, plus added protection with Auto Rental Collision Damage Waiver.

• Booking.comIncluded with Visa Signature®

  Purchase qualifying stays with your eligible Visa Credit or Debit card and get up to 8% in Travel Credits to use on future flights, stays, car rentals, attractions, car rentals, taxis and more.

• Dovly Uplift™Included with Visa Signature®

  Get free access to Dovly Uplift. Dovly helps you raise your credit score and get more for your money. While Dovly's platform is designed to remove inaccuracies from your credit report, every case is different, and not everyone will achieve the same results.

• Earn more cash back

  If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. That means you could earn 2.5-3.5 points on travel and dining purchases and 1.87-2.62 points on all other purchases, for every $1 you spend.

• FICO® Score

  Now, when you opt-in you can access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking.

• Global Entry Statement CreditIncluded with Visa Signature®

  Apply for Global Entry, a U.S. Customs and Border Protection program and use your Visa Signature card to pay the application fee (currently $120) to receive a $120 statement credit.

Compare the Bank of America Premium Rewards against AMSA Customized Cash Rewards Card (3% on Dining, $0 fee); Bank of America Customized Cash Rewards (3% on Dining, $0 fee); Bank of America Customized Cash Rewards for Students (3% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.

• Dining
• Which Credit Card Should You Use to Pay Taxes?

• AMSA Customized Cash Rewards CardBank of America · 3% on dining
• Bank of America® Customized Cash RewardsBank of America · 3% on dining
• Bank of America® Customized Cash Rewards for StudentsBank of America · 3% on dining
• MLB™Bank of America · 3% on dining

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