Mainstream

BofA Premium Rewards

Bank of America・Visa・No.028

Paired with Platinum Honors status, 2.625% on all spend is among the highest flat rates on the market.

✓ Verified · 2026-07-16

🎁 60,000 points = $600 (illustrative)

✓ Annual fee, APR and foreign-transaction fee verified against the issuer on 2026-07-16. Welcome offers change often — always confirm the current offer on the issuer's site.

Reward highlights

2x travel & dining
Up to 2.625% on everything with assets
$100 airline incidental credit

Who it's for

Best for high-asset BofA customers wanting a top flat rate.

Good for

Travel Cash back

Key benefits

2x points on travel and dining
Up to 2.625% on all spending with Platinum Honors status
$100 annual airline incidental credit
No foreign transaction fees

Rates & fees

APR and fees are illustrative — confirm current terms on the issuer's site.

Frequently asked questions

Does the BofA Premium Rewards card have an annual fee?

Yes, $95 per year.

Does it charge foreign transaction fees?

No foreign transaction fees, so it works well overseas.

Who is this card best for?

Best for high-asset Bank of America customers who can reach Platinum Honors and earn one of the highest flat rates available.