Bank of America
Premium Rewards
What it is
The Premium Rewards is a Bank of America card earning BoA Points. For most, its value is mostly up front in the welcome bonus rather than ongoing perks. A low-fee travel card whose annual airline credit nearly cancels the fee. Most valuable if you bank with Bank of America or Merrill — Preferred Rewards members boost earning 25-75%, and points redeem at a flat 1¢ with no transfer partners. A reliable, low-friction welcome-bonus pickup.
Offer history
Value is the welcome bonus at your valuations. The Year 1 total also counts recurring benefits and subtracts the annual fee. Spend / mo (the dashed line, right axis) is the monthly pace to clear the minimum spend in time — shown on every view so the spend stays in context.
| Offer | Bonus | Value | Year 1 | Return | Date |
|---|---|---|---|---|---|
PUBLIC ATH | 60,000$4k · 90d | $600 | $585 | 15% | Jun ’23 |
PUBLIC | 50,000$3k · 90d | $500 | $485 | 16% | Sep ’17 |
What you get
- Airline incidental credit$100per year
Up to $100 a year in statement credits for airline incidental fees — checked bags, seat upgrades, in-flight food and entertainment, and lounge day passes. No airline to preselect; credits post automatically as qualifying charges appear.
- Global Entry credit$100one-time
Up to $100 every four years toward a Global Entry or TSA PreCheck application fee, as a statement credit.
Dollar figures are the benefit’s face value. What it’s worth to you — after realistic usage and your own point values — is in the receipt below.
The receipt
standard values| SUB value | +$600 |
| 60,000 BoA Points × | |
| Benefits (Year 1) | +$80 |
↳ $200 at sticker value — before custom valuations Ongoing Airline incidental credit($100 × ) Airline incidental credit $100 × $55 One-time Global Entry credit($100 × ) Global Entry credit $100 × $25 | |
| Annual fee | −$95 |
| Year 1 | $585 |
| Return for spending $4k | 15% |
Sign in to fold in your eligibility, spend-fit, and 5/24.
Related cards
Premium Rewards scores 32 here on standard point values. See where it ranks against every card, scored for your points, spend, and eligibility.
Open the ranked table →