Bank of America Premium Rewards Credit Card: The Ultimate 2025 Guide

In the competitive landscape of premium travel credit cards, the Bank of America Premium Rewards® Credit Card continues to stand out in 2025. Designed for frequent travelers and everyday spenders alike, this card offers a blend of flexible rewards, travel perks, and financial benefits tailored to modern lifestyles. Whether you’re booking flights, dining out, or managing daily expenses, this guide dives deep into why this card remains a top contender—and how to maximize its value this year.

Section 1: Key Features and Benefits

Unpacking What Makes This Card Shine

1. Rewards Structure

o 2x Points on Travel/Dining: Earn unlimited 2 points per $1 on travel and dining purchases.

o 1.5x Points on All Other Spending: A flat rate on non-bonus categories, ideal for everyday use.

o $300 Annual Travel Credit: Automatically applied to airline incidentals, baggage fees, and in-flight purchases.

o Global Entry/TSA PreCheck Credit: Up to $100 reimbursement every four years.

2. 2025 Enhancements

o Expanded Travel Partners: New airline and hotel partnerships for redeeming points.

o Streamlined Mobile App Integration: Enhanced tracking of rewards and travel credits.

o Eco-Friendly Travel Incentives: Bonus points for sustainable travel bookings.

3. Insurance and Protections

o Trip Delay/Cancellation Insurance

o Lost Luggage Reimbursement

o Purchase Security and Extended Warranty

Section 2: Eligibility and Application Process

Who Qualifies and How to Apply

· Credit Score Requirements: Recommended FICO score of 740+ for approval.

· Income Considerations: Competitive income thresholds to align with premium card standards.

· Application Steps: Online via Bank of America’s portal, with instant decision options.

Section 3: Maximizing Your Rewards in 2025
Strategies for Power Users

1. Leverage the Preferred Rewards Program

o Earn up to 75% more points by linking eligible Bank of America accounts (e.g., Platinum Honors tier).

2. Optimize Redemption Options

o Travel Portal: 25% bonus when redeeming points through Bank of America Travel Center.

o Cash Back: 1 cent per point for statement credits or deposits.

o Gift Cards/Merchandise: Less value—prioritize travel redemptions.

3. Pair with Partner Cards

o Combine with Bank of America Customized Cash Rewards® for bonus categories like groceries and gas.

4. Section 4: Comparing Competitors

How It Stacks Up in 2025

Feature	BoA Premium Rewards	Chase Sapphire Preferred®	Amex Gold
Annual Fee	$95	$95	$250
Travel Credit	$300	$50	$120 (dining)
Bonus Categories	2x Travel/Dining	3x Dining, 2x Travel	4x Dining/Groceries
Foreign Transaction Fees	0%	0%	0%

5. Verdict: Ideal for those seeking mid-tier fees with robust travel perks and flexible rewards.

Section 5: Pros and Cons
Balancing the Scales

Pros:

· Strong travel credits and insurance.

· No foreign transaction fees.

· Straightforward rewards structure.

Cons:

· Limited luxury travel benefits (e.g., airport lounge access).

· Higher redemption thresholds for premium flights.

Section 6: Real User Experiences

What Cardholders Are Saying

· Positive Feedback: Praise for easy redemption process and reliable customer service.

· Criticisms: Some users desire more bonus categories or higher earning rates.

Section 7: Frequently Asked Questions

1. How does the Global Entry credit work?
Submit a reimbursement request after payment.

2. Can I product change from another BoA card?
Yes, contact customer service for eligibility.

3. Does Bank of America Premium Rewards Have Foreign Transaction Fees?
No, the Bank of America Premium Rewards credit card does not have foreign transaction fee

4. Is Bank of America Premium Rewards Card Worth It?.
Yes, the Bank of America Premium Rewards card is worth it if you have a Bank of America Preferred Rewards account, as it boosts rewards significantly. It offers 2x points on travel & dining, 1.5x on everything else, a $95 annual fee, and up to $200 in travel credits, making it a great mid-tier travel card.

5. an Bank of America Premium Rewards Points Be Transferred?

No, Bank of America Premium Rewards points cannot be transferred to airline or hotel loyalty programs. However, they can be redeemed for travel, cashback, or statement credits.

For more information or to apply, visit the official Bank of America website.

Conclusion

The Bank of America Premium Rewards® Credit Card remains a versatile choice in 2025, particularly for travelers seeking simplicity and value. With strategic spending and redemption, users can unlock significant rewards while enjoying peace of mind through its protections. While it may lack some luxury perks, its affordability and flexibility make it a standout option.

Final Tip: Pair this card with Bank of America’s Preferred Rewards program to supercharge your earnings and make every dollar count.