Card economics
Bank of America Premium Rewards
Annual fee
$95/yr
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Welcome offers change frequently — check the issuer's page for the current offer.
Earn rates
| Category | Rate |
|---|---|
| Dining | 2% |
| Flights outside issuer portals | 2% |
| Hotels outside issuer portals | 2% |
| Other travel outside issuer portals | 2% |
| Travel - Car Rentals / Agencies / Cruises | 2% |
| Tours & Activities (booked direct) | 2% |
| Amex Travel - Flights | 2%Portal only |
| Amex Travel - Hotels | 2%Portal only |
| Amex Travel - Car Rentals / Cruises | 2%Portal only |
| Bilt Travel - Flights | 2%Portal only |
| Bilt Travel - Hotels | 2%Portal only |
| Everything else | 1.5%Base rate |
Fee calculator
Sticker Fee
$95/yr
Credits
-$75
Effective Fee
$20
Credits & Benefits
Max: $100/yr · annual
Up to $100/year toward incidental airline fees (baggage, seat upgrades, in-flight purchases) on a selected airline. Must choose airline.
Max: $100/yr · every_4_years
Up to $100 every 4 years for Global Entry or TSA PreCheck application fee (~$25/yr effective). Statement credit.
Catalog record last reviewed Aug 2, 2026. Issuer terms and available offers control and may change.
Next step
One card is a start. The modeled setup is the whole wallet.
The Bank of America Premium Rewards might be useful on its own, but the modeled combination depends on your total spending. The optimizer searches eligible portfolios and clearly labels whether the result was proven optimal within that run's inputs or is the strongest valid setup found before timeout.
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