BoA Premium Rewards
Reddit take
Not enough linked mention summaries yet; the source excerpts below are the evidence.
Pros
- BofA Premium Rewards gets you a guaranteed 2.625% back on everything and 3.5% back on dining and BofA’s broad definition of travel.
- The Premium Rewards is a nice easy card. $95 AF, $100 back in airline incidental credits (baggage fees etc., or you can get AA gift cards or UA travelbank credits), $100 for Global Entry, and then the multipliers I mentioned above.
- you could also consider getting the BoA Premium Rewards, which would have 3.5% back on travel (including lots of entertainment) and dining, with 2.625% back on everything else.
- Given you already have BoA PH, can look into a BoA Premium Rewards or a BoA Premium Rewards Elite.
- At those spend levels, I assume you have enough ($100k) to obtain the BoA Platinum Honors Rewards level, which gets you an additional 75% cash back rate on their cards, which would make their Premium Rewards card appealing too.
Cons
- I’ve been really happy so far, it’s been about four months. I’m basically just going back-and-forth between the Chase and the Bank of America but mostly just using Bank of America... The only negative I will say is that they don’t have a...
- I am considering BoA Premium Rewards card, but also weighing the hassle of transferring $100k to Merrill. Seems like a little bit of pain to start up, but OK in the long run.
Sentiment
9 positive (82%) · 2 mixed (18%) · 0 negative (0%)
Trust + time weighted score: +85% · raw score 82%
What redditors said (10 of 11)
BofA Premium Rewards gets you a guaranteed 2.625% back on everything and 3.5% back on dining and BofA’s broad definition of travel.
The Premium Rewards is a nice easy card. $95 AF, $100 back in airline incidental credits (baggage fees etc., or you can get AA gift cards or UA travelbank credits), $100 for Global Entry, and then the multipliers I mentioned above.
you could also consider getting the BoA Premium Rewards, which would have 3.5% back on travel (including lots of entertainment) and dining, with 2.625% back on everything else.
I’ve been really happy so far, it’s been about four months. I’m basically just going back-and-forth between the Chase and the Bank of America but mostly just using Bank of America... The only negative I will say is that they don’t have as good of relationships with shops like Chase does with their monthly specials and things. Most of the Bank of America ones you have to use the link and order online
Given you already have BoA PH, can look into a BoA Premium Rewards or a BoA Premium Rewards Elite.
At those spend levels, I assume you have enough ($100k) to obtain the BoA Platinum Honors Rewards level, which gets you an additional 75% cash back rate on their cards, which would make their Premium Rewards card appealing too.
I qualify for Platinum Honors so the generation rate is higher than anything else and I wouldn’t have to juggle different cards. Low annual fee of $95 and no FTF.
no FTF, and AF can be covered: ... BOA Premium Rewards (with at least 50K in Merrill)
BOA Premium Rewards - $95/year, 2x travel/dining, 1.5x everywhere. 75% bonus from relationship bumps that up to 3.5x and 2.625x respectively.
The $95 annual fee for the PR is completely offset by an annual airline incidental credit of $100. If you don’t organically use it during the year (baggage fees, seat changes, onboard food/drink), in December you can add it to your United Travel Bank or buy an AA gift card
Compare
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