In case you journey continuously and want to earn rewards on journey and eating out, Financial institution of America® Premium Rewards® bank card is among the finest bank cards for what you do. It affords limitless 2 factors for each $1 spent on journey and eating purchases. If you’re a Financial institution of America Most well-liked Rewards consumer, your rewards can go up by 75%, which suggests which you can earn as much as 3.5 factors for each $1 spent on journey and eating out. As well as, you possibly can earn 60,000 bonus factors after certified spending, which will be redeemed for $600. You may earn one other journey credit score of $200 to pay for airline incidental and airport expedited screening, corresponding to baggage charges, in-flight companies, International Entry, TSA PreCheck, and so forth.
- NEW OFFER! Obtain 60,000 on-line bonus factors – a $600 worth – after you make not less than $4,000 in purchases within the first 90 days of account opening.
- Earn limitless 2 factors for each $1 spent on journey and eating purchases and limitless 1.5 factors for each $1 spent on all different purchases. No restrict to the factors you possibly can earn and your factors do not expire.
- In case you’re a Financial institution of America Most well-liked Rewards member, you possibly can earn 25%-75% extra factors on each buy. Which means you possibly can earn 2.5-3.5 factors on journey and eating purchases and 1.87-2.62 factors on all different purchases, for each $1 you spend.
- Redeem for money again as an announcement credit score, deposit into eligible Financial institution of America® accounts, credit score to eligible Merrill® accounts, or present playing cards or purchases on the Financial institution of America Journey Heart.
- Rise up to $100 in Airline Incidental Assertion Credit yearly and TSA PreCheck®/International Entry Assertion Credit of as much as $100, each 4 years.
- Journey Insurance coverage protections to help with journey delays, cancellations and interruptions, baggage delays and misplaced baggage.
- No international transaction charges.
- Low $95 annual charge.
- This on-line solely supply will not be out there for those who go away this web page or for those who go to a Financial institution of America monetary heart. You may reap the benefits of this supply if you apply now.
- Intro APR
- Intro APR Interval
- Common APR
- 20.24% – 27.24% Variable APR on purchases and stability transfers
- Annual Price
In case you spend not less than $4,000 in purchases inside your first 90 days of turning into a card member, you’ll obtain a bonus of 60,000 factors, which will be redeemed for money rewards of $600. It often takes about 8 to 12 weeks from qualifying for the 60,000 bonus factors to put up to your rewards stability. As well as, you possibly can stand up to $200 in journey credit score to pay for airline incidental and airport expedited screening assertion credit score.
You’ll earn limitless 2 factors for each greenback spent on journey and eating purchases. For all different purchases, you’ll earn limitless 1.5 factors per greenback. Factors will be redeemed in your on-line bank card account for money rewards, present playing cards, or journey. Every level redeemed is value $0.01 (For instance, 2,500 factors will be redeemed for $25 in money rewards or present playing cards). Due to this fact, your rewards is equal to 2% again for every greenback you spend on journey and eating purchases and 1.5% again on all different purchases.
If you’re a Financial institution of America Most well-liked Rewards buyer, you possibly can obtain as much as 75% further bonus in your base rewards, which might enhance your rewards to 3.5% for journey and eating, and 2.625% on all different purchases. Relying in your eligible tier of Most well-liked Rewards, you may get a 25%, 50% to 75% rewards bonus on the baseline rewards. There are 3 tiers within the Most well-liked Rewards program: Gold, Platinum and Platinum Honors. Your tier is predicated on the mixed balances of your qualifying Financial institution of America® banking and/or Merrill funding accounts. In case you have an IRA account or a mutual fund account, you possibly can merely select Merrill for these funding accounts to simply assist qualifying for the 75% bonus. The next chart exhibits the qualification requirement of account stability and rewards for Gold, Platinum, Platinum Honors tiers of Most well-liked Rewards.
|Most well-liked Rewards Tier||Rewards Bonus||Rewards Factors for the Tier|
|Gold – $20,000 in mixed stability of qualifying accounts||25%||
|Platinum – $50,000 in mixed stability of qualifying accounts||50%||
|Platinum Honors – $100,000 in mixed stability of qualifying accounts||75%||
There isn’t a restrict to the factors you possibly can earn, and your factors don’t expire, which suggests you don’t have to fret about dropping rewards factors.
Further Journey Advantages
The Financial institution of America® Premium Rewards® bank card has no international transaction charges, which is a pleasant function for worldwide vacationers who could use the bank card overseas. It additionally affords as much as $200 in mixed airline incidental and airport expedited screening assertion credit, plus beneficial journey insurance coverage protections – you’ll stand up to a $100 Airline Incidental Assertion Credit score yearly for qualifying purchases corresponding to seat upgrades, baggage charges, in-flight companies, and airline lounge charges, and can stand up to $100 Airport Safety Assertion Credit score in the direction of TSA PreCheck or International Entry Software charge, each 4 years
The airline incidental credit score might help you pay for charges corresponding to checked baggage or in-flight refreshments. The airport expedited screening program, corresponding to TSA PreCheck and International Entry, can save vacationers 20 to half-hour in most airports. TSA PreCheck offers expedited safety screening advantages for flights departing from U.S. Airports. International Entry offers the TSA PreCheck profit plus expedited US customs screening for worldwide air vacationers when coming into the US. TSA PreCheck prices $85 and International Entry prices $100 for a 5 yr membership. The journey credit score might be robotically utilized to your card assertion.
The right way to Redeem Rewards
When your factors stability is 2,500 factors or extra, you possibly can redeem your factors for money rewards, together with an announcement credit score, an digital deposit right into a Financial institution of America® checking or financial savings account, or for credit score to an eligible Money Administration Account® with Merrill Wealth Administration® together with 529 accounts. Factors may additionally be redeemed for journey on the Journey Heart, or present playing cards. Money rewards shall be issued for a U.S. greenback sum and could also be requested on demand. Every level redeemed is value $0.01 (2,500 factors = $25).
To redeem factors, you simply must check in to your on-line account of Financial institution of America® Premium Rewards® bank card and click on on the “Rewards” tab, which is able to present the purpose stability of your account, together with an choice to redeem the factors for money rewards, journey, or present playing cards.
Free Museum Admission
As a Financial institution of America bank card member, you’ll have a singular perk of free admission to over 200 museums on the primary full weekend of each month. Financial institution of America has been operating a program of Museums on Us for over 20 years, which affords its prospects free admission to greater than 200 museums on the primary weekend every month. You may current your Financial institution of America Premium Rewards Credit score Card and a photograph ID to achieve one free basic admission to any of 200+ museum members of the particular Museums on Us program.
There’s an annual charge of $95. With all of the journey advantages and a beneficiant bonus valued at $600, frequent vacationers can simply earn sufficient rewards to offset the price of the annual charge. It has has no international transaction charges, which is a pleasant function for worldwide vacationers who could use the bank card overseas. Most bank cards sometimes cost a transaction charge 3% in your purchases in international international locations. In case you could journey overseas, it’s all the time a good suggestion to hold a bank card corresponding to Financial institution of America® Premium Rewards® bank card as a way to keep away from the three% surcharge in your purchases.
Required Credit score Score
The Financial institution of America® Premium Rewards® bank card is for folks with good or glorious credit standing. In case you have a credit score rating of 700 or extra, you might be certified for the bank card.
Is that this the fitting card for you?
In case you worth rewards and like journey advantages corresponding to expedited safety screening or airline incidental credit score, the Financial institution of America® Premium Rewards® bank card is the fitting card for you. It’s the most effective journey bank cards with no international transaction charges. It affords a strong 2% rewards on journey and eating purchases. Moreover, in case you are a buyer of Financial institution of America or plan to take action sooner or later, you possibly can reap the benefits of the additional rewards bonus for Most well-liked Rewards members, which is able to enhance your journey and eating rewards to as a lot as 3.5% again.
This bank card has a low annual charge of $95, but it surely affords 60,000 bonus factors for brand spanking new card members, which might offset greater than 5 years of annual charge. As well as, its beneficiant rewards and beneficial journey perks make it a helpful bank card for vacationers.
Comparable Credit score Playing cards
If you’re within the Financial institution of America® Premium Rewards® bank card, you might also take into account a number of different journey bank cards with comparable advantages.
|Credit score Card||Bonus and Rewards||Annual Price|
|Wells Fargo Autograph℠ Card||
charges & charges
|Citi Customized Money® Card||
|Financial institution of America® Journey Rewards bank card||
|Wells Fargo Lively Money® Card||
charges & charges
|Citi® Double Money Card – 18 month BT supply||2% on each buy with limitless 1% money again if you purchase, plus a further 1% as you pay for these purchases.||$0|
|Financial institution of America® Personalized Money Rewards bank card||
|Financial institution of America® Limitless Money Rewards bank card||
|Citi Rewards+® Card||
|Capital One Enterprise Rewards Credit score Card||
|Ink Enterprise Money® Credit score Card||
|Chase Sapphire Most well-liked® Card||
|The American Specific Blue Enterprise Money™ Card||2% money again on all eligible purchases on as much as $50,000 per calendar yr, then 1%. Money again earned is robotically credited to your assertion.||$0
|Capital One SavorOne Money Rewards Credit score Card||
|Capital One Quicksilver Money Rewards Credit score Card||
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