Are you searching for a credit card that offers exceptional rewards and premium benefits? Look no further than the Bank of America® Premium Rewards® Credit Card. In this detailed guide, we’ll delve into the advantages and disadvantages of this card, highlight its extra features, and provide insights into how to apply. Whether you’re a frequent traveler, a food enthusiast, or someone who values flexible redemption options, this card could be the perfect fit for you.

Advantages of the card Bank of America® Premium Rewards® Credit Card

The Bank of America® Premium Rewards® Credit Card boasts numerous advantages, starting with a generous 60,000 online bonus points offer—a $600 value—after spending $4,000 within the first 90 days of account opening. Cardholders can earn unlimited 2 points for every $1 spent on travel and dining purchases, and 1.5 points per $1 on all other purchases. With no limit on points earned and no expiration date for points as long as the account remains open, this card offers unparalleled flexibility in reward accumulation. Plus, cardholders can enjoy up to $200 in travel statement credits annually, along with no foreign transaction fees, making it an ideal companion for globetrotters.

Disadvantages of the card Bank of America® Premium Rewards® Credit Card

While the Bank of America® Premium Rewards® Credit Card offers a host of benefits, it may not suit everyone’s needs. The card comes with a $95 annual fee, which could deter individuals seeking a no-fee option. Additionally, the standard APR ranges from 21.24% to 29.24% variable, which may be high for some cardholders, especially if they carry a balance. However, the benefits of the card often outweigh these drawbacks for those who can maximize its rewards and perks.

Extra features offered by Bank of America® Premium Rewards® Credit Card

In addition to its primary benefits, the Bank of America® Premium Rewards® Credit Card offers premium features such as travel protections, purchase protections, automotive protections, and access to the Visa Signature® Luxury Hotel Collection. Cardholders also benefit from Visa Signature® concierge service, providing assistance with travel planning, restaurant recommendations, and event reservations. Moreover, the card prioritizes security with features like fraud detection, $0 Liability Guarantee for fraudulent transactions, and contactless chip technology for secure and convenient payments.

Learn how to apply for your credit card Bank of America® Premium Rewards® Credit Card

Applying for the Bank of America® Premium Rewards® Credit Card is simple and can be done online, through the mobile app, or by visiting a Bank of America financial center. The online application process is quick and convenient, allowing applicants to take advantage of the current online bonus points offer.

Discover the main ways to apply for the card Bank of America® Premium Rewards® Credit Card

To apply for the Bank of America® Premium Rewards® Credit Card, individuals have several options available:

From the site

Visit the Bank of America website, navigate to the credit cards section, and select the Bank of America® Premium Rewards® Credit Card. Follow the prompts to complete the online application.

From the site App

Download the Bank of America mobile app and apply for the card directly from your smartphone or tablet for added convenience.

By agency

Visit a Bank of America financial center and speak with a representative who can guide you through the application process in person.

In conclusion, the Bank of America® Premium Rewards® Credit Card stands out as a top choice for individuals seeking a premium credit card with generous rewards and valuable benefits. Despite its annual fee, the card offers substantial perks such as the lucrative bonus points offer, travel statement credits, and enhanced redemption options. With robust security features and flexible redemption choices, this card is well-suited for frequent travelers, diners, and those looking to maximize their spending. If you’re in the market for a high-value credit card, consider applying for the Bank of America® Premium Rewards® Credit Card to elevate your financial experience.