Related Topics: preferred rewards
The Bank of America® Premium Rewards® credit card offers a generous bonus of 50,000 points, which can be redeemed for $500, and outstanding rewards for frequent travelers. It offers 2% rewards on travel and dining purchases, and 1.5% rewards on all other purchases. If you have a bank account with Bank of America, you may qualify for additional bonus on rewards through its Preferred Rewards program, which increases your rewards by up to 75%. The credit card also offers $200 to cover airline incidentals and airline incidental and airport expedited security screening.
If you are a cost-conscious traveler, then the Bank of America Travel Rewards® Card is the ideal card for you. This is a rewards card tailored for users who travel from time to time, and with no annual fee, no foreign transaction fee or expiration on points, you can conveniently rack up reward points at your own pace.
With no annual fee and an easy-to-understand rewards structure, the Bank of America Cash Rewards Credit Card is a great choice if you want to get more cash back on the things you buy every day. If you’re already a Bank of America customer, you won’t want to miss out on the additional bonuses the card offers.
Bank of America Preferred Rewards is a loyalty rewards program that gives additional rewards of up to 75% for Bank of America customers whose combined balances of qualifying Bank of America and/or Merrill accounts are $20,000 or more. Bank of America Preferred Rewards offers qualified clients extra benefits and rewards on everyday banking. There are 3 tiers in the Bank of America Preferred Rewards program: Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America deposit and/or Merrill investment accounts. As your qualifying account balances grow, you will receive more benefits. Once you become a Bank of America Preferred Rewards member, your credit-card rewards bonus can be between 25% and 75% of your base cash rewards. Maintaining a retirement account such as IRA with Merrill can be a good way to qualify for the Preferred Rewards program. With Preferred Rewards, Bank of America customers may earn up to 5.25% in cash rewards on cash back personal or business credit cards, and 2.625 points per dollar on travel credit cards.
- No annual fee
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
- Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
- 0% Introductory APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 15.49% - 25.49% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers
- No expiration on rewards
- If you're a Preferred Rewards member, you can earn 25% - 75% more cash back on every purchase