How to Apply for Bank of America Premium Rewards Credit Card Online

Have you ever wondered how to make every dollar you spend work for you? The Bank of America Premium Rewards Credit Card might just be your answer. With this card, you can enjoy an array of valuable benefits tailored to enhance your everyday spending. Whether it’s travel or dining, you’ll earn unlimited points, adding an extra layer of reward to your purchases.

This card not only provides flexible redemption options but also offers automatic travel and purchase protections, giving you peace of mind on every trip and transaction. Plus, as a cardholder, you receive up to $100 in airline incidental credits annually, making travel more affordable.

Applying online is quick and convenient, allowing you to embark on your rewards journey without the hassle. Intrigued by the potential benefits waiting for you? Let’s dive into how you can apply and begin enjoying these rewards today.

Benefits of the Bank of America Premium Rewards Credit Card

1. Generous Rewards Program

The Bank of America Premium Rewards Credit Card offers a valuable rewards program that benefits frequent travelers and everyday spenders alike. You can earn unlimited 2 points for every $1 spent on travel and dining purchases and 1.5 points per $1 on all other purchases. This means that a night out at your favorite restaurant or booking a flight for your next vacation can help you rack up points quickly. For instance, if you spend $500 on dining each month, you could earn 12,000 points in a year just from that spending category alone.

2. Substantial New Cardholder Bonus

New cardholders can take advantage of a substantial bonus offer. By making at least $3,000 in purchases within the first 90 days of account opening, you are eligible to earn a $500 online cash reward. This offer can be an excellent way to jumpstart your rewards balance if you’re planning a significant purchase or have upcoming travel expenses.

3. Valuable Travel Perks

The card is equipped with a suite of travel benefits designed to enhance your travel experiences. Enjoy up to $100 in airline incidental credits annually for services such as seat upgrades, baggage fees, and in-flight purchases. Additionally, you can receive up to $100 in statement credits for TSA PreCheck or Global Entry application fees, making your security and customs processes faster and more comfortable.

4. No Foreign Transaction Fees

For avid travelers, the card’s no foreign transaction fees feature is a significant advantage. This means you can use your card in any country without worrying about additional charges on foreign transactions, resulting in worry-free spending abroad. Imagine enjoying a shopping spree on a European vacation without the burden of extra costs.

5. Excellent Banking Relationship Benefits

When you qualify for the Preferred Rewards program, you can enjoy a rewards bonus of 25% to 75% on every purchase. This benefit can significantly boost your rewards if you hold qualifying accounts with Bank of America or Merrill. For example, if you earn 10,000 points in a month, the Preferred Rewards program could increase those points to as much as 17,500, depending on your reward tier.

LEARN MORE DETAILS ABOUT BANK OF AMERICA PREMIUM REWARDS CREDIT CARD

The Bank of America Premium Rewards Credit Card offers a delightful rewards program that allows users to earn double points on travel and dining, ensuring that your everyday spending translates into valuable benefits. Those who relish traveling or enjoy dining out will find the rewards accumulating quickly, giving added incentive to use this card for related purchases. Furthermore, the enticing sign-up bonus provides a significant boost for new members, unlocking the potential for even more rewards early on.Another appealing aspect is the card’s annual rewards bonus, which provides an additional 25% more points for eligible rewards earned each year, making long-term users feel valued and rewarded continuously. Combined with no foreign transaction fees, it’s an excellent choice for international travelers who want to make the most of their spending without incurring extra charges.Last but not least, this card features an array of travel benefits and protections, including trip cancellation insurance, lost luggage reimbursement, and other travel insurance options, which add a layer of security and peace of mind during travel. Making informed choices about a credit card will help you maximize rewards while minimizing costs and risks.

Requirements for the Bank of America Premium Rewards Credit Card

• Minimum Credit Score: To apply for the Bank of America Premium Rewards Credit Card, a good to excellent credit score is typically required. This usually means a score of 670 or higher. Having a solid credit history will improve your chances of approval.
• Income Verification: Applicants must provide proof of income to demonstrate their ability to manage credit responsibilities. This can include recent pay stubs, tax returns, or other financial documents.
• Age Requirement: You must be at least 18 years old to apply. If you’re under 21, you may need to prove independent income or have a co-signer to qualify.
• US Residency: Applicants must have a valid Social Security number and US residential address. This ensures the capability to manage your account within the United States.
• Bank of America Relationship: While not a strict requirement, having an existing relationship with Bank of America, such as a checking or savings account, can positively influence the application process.

GET YOUR BANK OF AMERICA PREMIUM REWARDS CREDIT CARD THROUGH THE WEBSITE

How to Apply for the Bank of America Premium Rewards Credit Card

Step 1: Visit the Official Bank of America Website

Begin your application process by visiting the official website of Bank of America. Ensure you are on the secure site by looking for ‘https’ in the URL. Once there, navigate to the credit card section and locate the Bank of America Premium Rewards Credit Card. This will allow you to access all the specific details about the card, including its benefits, fees, and rewards.

Step 2: Check Your Eligibility

Before proceeding with the application, it’s crucial to check if you meet the eligibility criteria. Typically, you will need to be at least 18 years old and a U.S. resident with a stable income. Having a good credit score can also improve your chances of approval. It’s helpful to have this information ready as it ensures a smoother application process.

Step 3: Gather Required Documents

Have your personal information on hand, such as your Social Security Number, income details, and employment information. Additionally, gather any other financial information that might be necessary to demonstrate your creditworthiness. Having these documents ready will help you fill out the application more efficiently and accurately.

Step 4: Fill Out the Application Form

Once you have all the necessary details, proceed to fill out the online application form. Make sure to provide accurate information to avoid any delays in the approval process. Take your time to carefully review all the terms and conditions associated with the card. If you have any queries or uncertainties, don’t hesitate to use the assistance or FAQ sections available on the website.

Step 5: Submit Your Application and Wait for Approval

After completing the form and reviewing your information, submit your application. You will typically receive a response regarding your approval status within a few minutes to a few days. If additional information is required, the bank will contact you using the details provided in your application, so be sure all contact information is current and correct.

GET YOUR BANK OF AMERICA PREMIUM REWARDS CREDIT CARD THROUGH THE WEBSITE

Frequently Asked Questions about the Bank of America Premium Rewards Credit Card

What are the main benefits of the Bank of America Premium Rewards Credit Card?

The Bank of America Premium Rewards Credit Card offers a variety of benefits tailored to frequent travelers and rewards enthusiasts. Key perks include earning 2 points for every dollar spent on travel and dining and 1.5 points per dollar on all other purchases. Additionally, cardholders can enjoy up to $100 in airline incidental statement credits annually and up to a $100 credit for TSA Pre✓® or Global Entry application fees every four years.

Is there an annual fee for this credit card?

Yes, the Bank of America Premium Rewards Credit Card has an annual fee of $95. While there is a fee, the rewards and benefits provided can easily offset this cost for those who actively make use of travel rewards and credits offered by the card.

Does the Bank of America Premium Rewards Credit Card offer an introductory bonus?

Yes, new cardholders may be eligible for an introductory bonus. Currently, if you spend $3,000 in the first 90 days of opening your account, you can earn a bonus of 50,000 online bonus points, which can be worth up to $500 when redeemed for travel purchases.

What kind of travel protections does the card offer?

The card comes with travel insurance benefits, including trip delay insurance, baggage delay insurance, and travel accident insurance. It also offers protections like purchase security and return protection. These benefits provide peace of mind and could save you money in case of unexpected travel issues.

Is there a foreign transaction fee with this credit card?

No, you can use the Bank of America Premium Rewards Credit Card abroad without incurring any foreign transaction fees. This feature makes it a great companion for international travelers wishing to avoid additional costs on purchases while traveling outside the United States.