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

Unlocking the potential of the Bank of America Premium Rewards Credit Card can be a game-changer for savvy spenders. This premium credit card offers a host of enticing benefits that cater to both frequent travelers and everyday shoppers. With the potential to earn unlimited 2 points for every dollar spent on dining and travel, along with 1.5 points per dollar on all other purchases, rewards can quickly add up.

In addition to earning points, cardholders can enjoy perks such as a $100 airline incidental statement credit and no foreign transaction fees, making it a reliable companion for international travel. Additionally, by being a part of the Bank of America Preferred Rewards program, you could boost your rewards by up to 75%. Understanding how to apply for this card easily can be your first step towards experiencing the world of enhanced rewards and benefits.

Discover the Benefits of the Bank of America Premium Rewards Credit Card

Earn Unlimited Points

With the Bank of America Premium Rewards Credit Card, you’ll earn unlimited 2 points per dollar on travel and dining purchases, and 1.5 points per dollar on all other purchases. This means whether you’re enjoying a meal out or booking flights for your next vacation, you’re earning rewards. To maximize these points, use this card for all your travel and dining expenses. Over time, these points can be redeemed for travel, cash back, gift cards, and more.

Enjoy Travel and Purchase Protections

This card provides extensive travel and purchase protections, including trip delay reimbursement, lost luggage reimbursement, and travel accident insurance. For example, if your flight is delayed for more than 12 hours, you’ll be compensated for expenses incurred as a result. Additionally, purchases made with the card are protected against damage and theft for a certain period, giving you peace of mind when shopping. To fully benefit, always use your card for travel bookings and important purchases.

Receive Premium Benefits with No Foreign Transaction Fees

For globetrotters and international shoppers, the Premium Rewards Credit Card offers the advantage of no foreign transaction fees. This means you can use your card abroad without incurring additional costs, enabling you to save money on your purchases worldwide. Remember to choose to pay in the local currency whenever possible to avoid unnecessary conversion fees.

Access to Travel and Lifestyle Perks

Cardholders get access to exclusive travel and lifestyle perks like priority boarding and concierge services. The concierge service can assist with dining reservations, ticket bookings, and much more, improving your overall travel experience. Take advantage of these services by planning and booking through your card’s dedicated platform to enrich your travel adventures.

VISIT THE WEBSITE TO LEARN MORE

The Bank of America Premium Rewards Credit Card provides a compelling value proposition for financial-savvy consumers. Its rewards program allows cardholders to accumulate points for their everyday spending, making it easy to earn rewards while managing expenses. With a generous sign-up bonus, users are incentivized to explore and take full advantage of their new card. This card not only offers great rewards but also comes with various benefits associated with travel and purchase protections, enhancing the overall usage experience for cardholders. Moreover, cardholders can enjoy no annual fee for the first year, making it even more attractive for those looking to balance benefits with cost efficiency. With a focus on travel and dining, this card can significantly boost your rewards if these categories match your spending habits. For those who appreciate a straightforward rewards structure backed by a reputable institution, the Bank of America Premium Rewards Credit Card is worth considering.

Requirements for the Bank of America Premium Rewards Credit Card

• Ensure you have a good to excellent credit score, typically a FICO score of 670 or higher. This score range demonstrates to lenders that you have a history of responsible credit use.
• You must be at least 18 years old to apply for the card. However, if you reside in Alabama or Nebraska, your minimum age should be 19 years, and in Puerto Rico, it’s 21 years.
• Have a stable annual income that supports your ability to manage credit card payments. Though Bank of America does not specify a minimum, having a reliable income stream is crucial.
• Be prepared to provide proof of identity and residence. This typically involves a government-issued photo ID and proof of your physical address, like a utility bill or lease agreement.
• A valid Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN) is required for application processing and identity verification.

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

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

Step 1: Visit the Bank of America Website

To begin your application for the Bank of America Premium Rewards Credit Card, go to the official Bank of America website. You can easily find it by typing “Bank of America” into your search engine. Once on their homepage, navigate to the “Credit Cards” section. This is where you’ll find detailed information about the various credit card options that they offer, including the Premium Rewards Credit Card.

Step 2: Choose the Premium Rewards Credit Card

In the credit cards section, look for the Premium Rewards Credit Card. Click on this option to learn more about the card’s features, benefits, and any special promotions. It’s important to read through this information to ensure it aligns with your financial needs and goals.

Step 3: Start Your Application

Once you’ve reviewed the card details and decided to apply, click on the “Apply Now” button. This will redirect you to an online application form. You’ll need to provide essential personal and financial information. Be prepared to enter details such as your full name, address, Social Security number, employment status, and annual income. Bank of America uses this information to assess your creditworthiness.

Step 4: Review and Submit Your Application

After filling out the application form, it’s crucial to review all your information before submission to avoid any errors. Check that all details are accurate and complete. Once you are satisfied, submit your application. You will usually receive a response within a few minutes indicating whether your application has been pre-approved, declined, or requires further review.

Step 5: Await Your Credit Card

If your application is approved, the Bank of America Premium Rewards Credit Card will be mailed to the address you provided. This typically takes 7-10 business days. Upon receiving your card, follow the enclosed instructions to activate it and start enjoying your rewards and benefits.

LEARN MORE DETAILS ABOUT BANK OF AMERICA PREMIUM REWARDS CREDIT CARD

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 several enticing benefits to cardholders. You’ll earn 2 points for every dollar spent on travel and dining and 1.5 points per dollar on all other purchases. Additionally, cardholders can receive up to $100 annually in statement credits for airline incidental fees and up to $100 for TSA Pre✓® or Global Entry application fees. This card is ideal for those who frequently travel or dine out.

Is there an annual fee for this credit card?

Yes, there is an annual fee of $95 for the Bank of America Premium Rewards Credit Card. While the fee might seem like a drawback, the value you receive in rewards and travel credits can easily offset this cost if you leverage the card’s benefits effectively.

How do points earned on this card work?

The points you earn can be redeemed for a variety of options, including travel, cash back, gift cards, or directly into a Bank of America bank account. The flexibility in redemption options means you can make the most out of your spending habits. For example, you could use your points to book a flight for your next vacation or get cash back to reduce an outstanding balance.

Are there any travel protection benefits included?

Yes, the card includes some valuable travel protection benefits. Cardholders can enjoy travel and emergency assistance services, trip cancellation and interruption insurance, and lost luggage reimbursement. Such features can provide peace of mind during your travels by offering financial protection against unforeseen events.

What credit score is needed to qualify for this card?

Generally, a good to excellent credit score is required to qualify for the Bank of America Premium Rewards Credit Card. This typically means a score of 700 or higher. Prior to applying, it’s wise to check your credit score and review your credit report to ensure your information is accurate and in good standing.

Linda Carter

Linda Carter is a writer and financial expert specializing in personal finance and financial planning. With extensive experience helping individuals achieve financial stability and make informed decisions, Linda shares her knowledge on the our platform. Her goal is to empower readers with practical advice and strategies for financial success.