• Aditya Bagaria

Bank of America Premium Rewards credit card review!

Updated: Dec 17, 2020


This is the premium travel rewards credit card offered by Bank of America.

Annual Fee: $95

What type of earning do I get?

No tier: 1.5 points per dollar if you don’t hold any status with Bank of America

Gold tier: 1.875 points per dollar

Platinum tier: 2.25 points per dollar

Platinum Honors tier: 2.625 points per dollar


TSA Precheck or Global Entry

· This one is pretty standard among premium credit cards. Every 4 years, you can get a $100 credit for Global Entry or $85 every 4.5 years for TSA Precheck. I would suggest to go with Global Entry as it offers TSA Precheck as well and faster immigration when you travel internationally. Plus, you get an extra $15 of value with Global Entry when compared to TSA Precheck.

$100 of Airline Fee Credits

· This covers incidental fees such as baggage fees, food, and WiFi. This is not tied to any airline like American Express. If you don’t have an airline-specific credit card such as the Alaska Airlines Visa Credit Card that waives luggage fees for your first bag, this can come in very handy!


At $95, Bank of America offers a $100 credit which can easily offset the annual fee. If you hold at least Platinum tier status in the Bank of America Preferred Rewards program, then this card becomes a no-brainer. The earning rate for cashback is the highest in the industry and if you don’t like playing with award travel, this is the best credit card for everyday spend.

About Me

Educating others to change their habits!

Read More


© 2020 by Corporate Miles.

Join My Mailing List

  • White Facebook Icon