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

Looking to elevate your travel experiences and earn valuable rewards along the way? The Bank of America Premium Rewards Credit Card might just be the perfect travel companion for you. With its array of benefits tailored to fit your lifestyle, this card promises not only reward points but also peace of mind during your journeys.

Offering a generous unlimited 2 points per dollar on travel and dining, and 1.5 points per dollar on all other purchases, it’s designed to maximize every spend. Plus, with no expiration on points, you can decide when and how to redeem them at your convenience. Cardholders also enjoy valuable perks like travel credits and purchase protection, making it a comprehensive choice for the savvy traveler.

Intrigued by the possibilities? Discover the simplicity of applying for the Bank of America Premium Rewards Credit Card online, a process that is as rewarding as the benefits it offers.

Benefits of the Bank of America Premium Rewards Credit Card

1. Earn Unlimited Points

With the Bank of America Premium Rewards Credit Card, you have the opportunity to earn unlimited points on every purchase. You can earn 2 points for every dollar spent on travel and dining and 1.5 points for every dollar spent on all other purchases. This rewards structure allows you to accumulate points quickly, especially if you frequently dine out or travel. To maximize this benefit, consider using the card for all your travel and dining expenses.

2. Travel Credit and Reimbursement

One of the standout benefits of this credit card is the $100 annual travel credit. This can be used for incidental charges such as baggage fees, in-flight purchases, or airport lounge passes. Additionally, the card offers a Global Entry or TSA Pre✓® statement credit, which can save you both time and money at the airport. Remember to utilize this travel credit each year to ensure you get the maximum value from your card.

3. No Foreign Transaction Fees

When you’re traveling abroad, the Bank of America Premium Rewards Credit Card allows you to make purchases without incurring foreign transaction fees. This means you can shop internationally with ease, avoiding the usual 3% charge many other credit cards impose. For frequent international travelers, this benefit can result in significant savings over time.

4. Access to Exclusive Perks

Cardholders gain access to a range of exclusive perks, including personalized concierge service, travel and emergency assistance, and purchase protection. These benefits can provide peace of mind and convenience when you’re on the go. For instance, the personalized concierge service can help you make dinner reservations or find event tickets, adding an extra layer of service to your daily life.

5. Enhanced Security Features

Benefit from advanced security features such as fraud monitoring and zero liability for unauthorized transactions. These security measures ensure that your financial and personal information is protected, giving you confidence when using your card for both online and offline purchases.

SEE HOW TO GET YOUR BANK OF AMERICA PREMIUM REWARDS CREDIT CARD

The Bank of America Premium Rewards Credit Card offers an enticing rewards program that allows cardholders to accumulate points efficiently. This is particularly beneficial for those who travel or frequently dine out, as the additional points can lead to significant savings or rewards over time.Additionally, one of its standout features is the no annual fee for the first year. This makes it an attractive option for new users who want to explore its benefits without initial costs, thereby giving them a chance to experience the rewards before fully committing to the card’s fees.

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

• Credit Score: To apply for the Bank of America Premium Rewards Credit Card, you generally need to have a good to excellent credit score, typically a FICO score of 700 or above.
• Income Requirement: While there’s no specific income threshold mentioned, applicants should demonstrate sufficient income to handle the credit limit offered. This helps ensure you can manage the credit card payments effectively.
• U.S. Citizenship or Residency: Applicants must be U.S. citizens or permanent residents, as this card is intended for individuals living in the United States.
• Documentation: Be prepared to provide essential documentation such as your Social Security Number and a valid government-issued ID (e.g., driver’s license or passport) to verify your identity.
• Minimum Age: You must be at least 18 years old to apply, or 21 if you’re a permanent resident of Puerto Rico.

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 Bank of America Website or Local Branch

To begin applying for the Bank of America Premium Rewards Credit Card, you’ll first need to visit the official Bank of America website or head to your nearest local branch. If you choose the online route, navigate to the “Credit Cards” section to explore available options. At a branch, a representative can guide you through choosing the Premium Rewards Credit Card if it’s the right fit for you.

Step 2: Review the Card’s Features and Requirements

Before applying, it’s crucial to understand the card’s features and requirements. Consider the card benefits like reward points, fees, and interest rates. Make sure you meet the eligibility criteria, which typically includes being at least 18 years old and a United States resident. Looking at these details ensures that the card aligns with your financial goals.

Step 3: Gather Required Information

Prepare the necessary personal information needed for the application. This includes your Social Security Number, employment details, income information, and any other financial information that might be requested. Having these details ready will help streamline the application process.

Step 4: Complete the Application Form

Once you have all your information gathered, you can proceed to fill out the application form. This can be done either online via the Bank of America website or in person with a bank representative. Make sure to enter your information accurately to avoid any processing delays.

Step 5: Submit Your Application and Await Approval

After submitting your application, you will typically receive a response either immediately or within a few business days. Bank of America will review your application and notify you of its decision. If approved, your new credit card will be mailed to you, and you can start enjoying the benefits once you activate it.

LEARN MORE DETAILS ABOUT BANK OF AMERICA PREMIUM REWARDS CREDIT CARD

Frequently Asked Questions about Bank of America Premium Rewards Credit Card

What are the rewards offered by the Bank of America Premium Rewards Credit Card?

The Bank of America Premium Rewards Credit Card offers a generous rewards program. You earn 2 points for every dollar spent on travel and dining and 1.5 points for every dollar spent on all other purchases. These points can be redeemed for a variety of options, such as travel, cashback, or gift cards, making it a versatile choice for cardholders who value flexibility in rewards.

Are there any annual fees associated with this card?

Yes, there is an annual fee of $95 for the Bank of America Premium Rewards Credit Card. However, the benefits provided by the card, particularly for frequent travelers and diners, may outweigh this cost through rewards points and other perks.

Does the card offer any travel benefits?

Indeed, the card comes with a range of travel benefits, including up to $100 in airline incidental credits each calendar year and up to $100 for TSA PreCheck® or Global Entry application fee reimbursements. These benefits can significantly enhance your travel experience and provide great value if you travel frequently.

What credit score do I need to qualify for this card?

To qualify for the Bank of America Premium Rewards Credit Card, you typically need to have a good to excellent credit score, which generally means a FICO score of 700 or higher. Keep in mind that other factors such as income and financial history will also be taken into account during the application process.

Are there any foreign transaction fees?

No, the Bank of America Premium Rewards Credit Card does not charge foreign transaction fees. This feature makes it an excellent choice for international travelers, as you can use your card abroad without incurring additional charges for purchases in foreign currencies.