Bank of America Premium Rewards

Earn 60,000 bonus points — worth $600 in cash redemption value — after spending at least $4,000 in purchases within the first 90 days of opening your account. Points post after the qualifying spend threshold is met. This offer is available to new cardholders only.

Every purchase that falls outside the travel and dining categories earns 1.5 points per $1 spent, with no cap on earnings. This flat rate applies automatically — no rotating categories to activate or track.

Enrolled Bank of America Preferred Rewards members earn 25% to 75% bonus points on every purchase, stacking on top of regular earning rates. At the top tier, everyday spending can reach up to 2.625 points per dollar. You must be actively enrolled in the Preferred Rewards program to receive this benefit.

Travel and dining purchases earn the equivalent of 2% cash back by default. Members who reach Preferred Rewards Platinum Honors status — requiring $100,000 or more in combined Bank of America and Merrill balances — can see that rate climb to 3.5% thanks to the 75% points bonus.

Pay the application fee for Global Entry ($100) or TSA PreCheck (~$85) with your card and receive a statement credit automatically covering the cost. This credit is available once every four years per application cycle.

Get up to $100 back per year on qualifying airline incidental charges like seat upgrades, checked baggage fees, in-flight purchases, and airline lounge fees. The credit is applied automatically as a statement credit — no redemption needed. Only incidental charges qualify; airfare itself does not.

Connects you to a 24/7 dispatch service that can arrange roadside help — like towing, jump-starts, or lockout assistance — wherever you're driving. Call the number on the back of your card to reach dispatch. Service fees from the provider may apply and are your responsibility.

Book stays at participating Visa Signature Luxury Hotel Collection properties using this card to unlock perks like room upgrades, complimentary breakfast, and late checkout. Reserve through the dedicated Visa Signature booking channel to ensure benefits apply. Availability of specific perks varies by property.

Covers collision damage or theft on eligible rental vehicles when you pay for the full rental with this card and decline the rental company's own collision coverage. Coverage is secondary to your personal auto insurance in most cases. Certain vehicle types and rental durations may not qualify.

Covers emergency medical evacuation and transportation costs if you're injured or become seriously ill while traveling away from home. Pay for your trip with this card to activate coverage. Benefit limits and eligible situations are defined in your Guide to Benefits.

If a covered event forces you to cancel or cut short a trip, this benefit can reimburse non-refundable prepaid costs. Charge your trip to the card to activate coverage. Note that emergency medical or dental expenses are not included in this protection.

When a covered trip is delayed by 12 hours or more, this benefit can reimburse reasonable out-of-pocket expenses like meals and lodging during the wait. Book your travel with your card to qualify for coverage.

Reimburses you for luggage and its contents if your bags are lost or damaged by a common carrier. Pay for your travel with this card to activate coverage. Coverage limits apply, so review your Guide to Benefits for per-bag and per-trip maximums.

Covers essential purchases like clothing and toiletries when your checked baggage is delayed by a carrier. Pay for your travel with this card to activate coverage. Reimbursement applies after a qualifying delay period; check your Guide to Benefits for the time threshold and dollar limits.

If a merchant won't accept a return, this benefit can reimburse you for eligible items purchased with this card. File a claim within the required window after purchase to request reimbursement. Certain item categories and high-value items may be excluded; check your Guide to Benefits for limits.

Covers eligible items purchased with this card against theft or accidental damage for a set period after the purchase date. You can get repair, replacement, or reimbursement up to the covered limit. Items must be purchased entirely with this card to qualify.

Extends the original U.S. manufacturer's warranty on eligible items purchased with this card. Coverage kicks in automatically after the manufacturer's warranty expires, adding extra time at no cost to you. Non-U.S. warranties and certain product categories may not qualify.

Get on-demand help from a Visa Signature concierge for things like booking travel, finding restaurant recommendations, or securing event tickets. Reach the service by phone any time, day or night. The concierge assistance is free, though costs for bookings or tickets are yours to pay.

Use your card for purchases outside the U.S. without paying any foreign transaction fees. This applies to both in-person and online purchases billed in a foreign currency. No action is needed — the fee is simply never charged.