Bank of America Premium Rewards

Tag Archives for Bank of America Premium Rewards.

What’s in Greg’s wallet?

Yesterday, in response to reader inquiries, Nick revealed the credit and debit cards he carries in his wallet.  Now it’s my turn.  But please note that these are not recommendations for what you should do.  Everyone’s circumstances differ.  What’s best for me likely is not best for you.  Further, I’m not arguing that what I have is necessarily best for me either (although I think it’s pretty good).  It’s just a list of cards that…

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Why I’m suddenly choosing cash over points, and why you shouldn’t

cash vs points

Several months ago, I signed up for the Bank of America Premium Rewards card.  The reason?  It is the perfect “everywhere else” card… for me… in my particular situation.  An “everywhere else” card is the card you use when you’re making a purchase that doesn’t qualify for 5X rewards with this card or 3X rewards with that card.  It is a card that offers great rewards for all spend, regardless of what you’re buying and…

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Bank of America cards: awesome if you’ve got $100K lying around

Bank of America issues a number of cards with co-brands such as Alaska, Air France, Amtrak, Asiana, etc.  Clearly they started at the beginning of the alphabet when looking for partners (Spirit and Virgin Atlantic notwithstanding).  But this post is not about those cards. This post is about Bank of America’s own rewards cards: Cash Rewards, Travel Rewards, and Premium Rewards. None of Bank of America’s own cards would be interesting except for one key…

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New BOA anti-churning 24-month language on some cards (AS, TR, PR, CR)

Bank of America has added some specific anti-churning language to a number of their credit cards. The exact terms vary a bit, but generally you will now be limited by a 24-month rule (read on for the different iterations). Note that as of the time of publication, this language is only appearing on the Alaska Airlines Visa Signature (personal, not business), Premium Rewards, Travel Rewards, and Cash Rewards card. Interestingly, the language varies a bit from one…

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Is it a keeper? My take on BOA’s new Premium Rewards Card

Bank of America’s new card was originally expected to be an ultra-premium card.  Rumors were that it would compete in the $450 / $550 space with the Chase Sapphire Reserve, Amex Platinum, Citi Prestige, US Bank Altitude Reserve, etc.  But… Either the rumors were false, or Bank of America changed course along the way.  The new and creatively named “Premium Rewards Credit Card” is just $95 per year. For full details about the Bank of…

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Can you earn 4.59% back on everyday spend with the new BOA Premium Rewards card?

As we reported earlier today, Bank of America launched a new card this morning: the Bank of America Premium Rewards card. Greg even wrote a Bank of America Premium Rewards Card Complete Guide. I’m sure he will soon have more analysis and thoughts about this new offering, but in the meantime, I got digging through the terms of the Preferred Rewards program and found myself wondering: Can you earn 4.59% back on everyday spend with this…

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50K offer now live: BOA Premium Rewards Credit Card

Bank of America has just launched a new premium rewards credit card creatively named “Premium Rewards”. While this card won’t be for everyone, those who have $100K+ on deposit with Bank of America / Merrill Lynch can get best-in-class earnings on everyday spend with a 75% bonus bringing the return up to 2.625% back on everyday spend. Since those earnings can be deposited in your eligible Bank of America / Merrill Lynch account, that’s like 2.625% cash…

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What happened to BankAmericard’s Sapphire Reserve competitor?

In June I published some inside info that was leaked to me about an upcoming new card from BankAmericard.  I had been told that the new card would have the following characteristics: $450 annual fee Travel fee reimbursement (he didn’t know how much) Redeem points for 1.5 cents each towards travel No transfer partners To be released September or October 2017 BOA Premium Rewards Now, the Wall Street Journal has unveiled details about the new…

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