Key takeaways
- Both the Bank of America® Premium Rewards® credit card and the Bank of America® Travel Rewards credit card offer flexible travel rewards points, a base rate of 1.5X points on regular purchases, no foreign transaction fees and a higher rewards potential if you’re a member of the Bank of America Preferred Rewards program.
- The Bank of America Travel Rewards credit card includes a welcome offer, an intro APR offer, flexible redemption options and no annual fee.
- The Bank of America Premium Rewards credit card comes with a more generous welcome bonus and earns more points on regular dining and travel purchases — although it does charge an annual fee.
Although not as popular as travel credit cards from other issuers, Bank of America boasts its own travel rewards credit cards. Stand-out offerings include the Bank of America® Premium Rewards® credit card and the Bank of America® Travel Rewards credit card, both of which offer flexible travel rewards points and a base rate of 1.5X points on regular purchases.
If you can’t decide between these two cards, it’s smart to compare them based on their full rewards rates, welcome offers and benefits. Read on to learn how they stack up in the most important categories.
Main details
| Cards | Bank of America® Premium Rewards® credit card | Bank of America® Travel Rewards credit card |
|---|---|---|
| Welcome bonus | Receive 60,000 online bonus points – a $600 value – after you make at least $4,000 in purchases in the first 90 days of account opening. | 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases. |
| Rewards rate |
|
|
| Intro APR offer | N/A | 0% Intro APR for 15 billing cycles for purchases |
| Annual fee | $95 | $0 |
Bank of America Travel Rewards vs. Bank of America Premium Rewards highlights
As you compare the Bank of America Premium Rewards credit card vs. following sentence using different words:
“The book was so captivating that I couldn’t put it down.”
“I was completely engrossed in the book and couldn’t stop reading it.” following sentence:
The cat jumped onto the table and knocked over a vase.
A vase was knocked over by the cat as it jumped onto the table. following sentence in a different way:
The students were excited about the upcoming field trip to the museum.
The upcoming field trip to the museum had the students feeling excited.