Bank of America · $95 annual fee

Bank of America Premium Rewards Card benefits

The Bank of America Premium Rewards Card lists a $100 annual airline incidental credit and up to $100 for Global Entry or TSA PreCheck once every four years. It also earns 2 points per dollar on travel and dining and 1.5 points per dollar on other eligible purchases.

Reviewed September 10, 2026Sources:Bank of America Premium Rewards benefits and terms

What stands out

$100 airline incidental credit

Eligible airline incidentals can include seat upgrades, baggage fees, and in-flight purchases under the current terms.

Airport-security application credit

The card lists up to $100 for one eligible Global Entry or TSA PreCheck application fee every four years.

Travel and dining rewards

The card earns 2 points per dollar on travel and dining and 1.5 points per dollar on other eligible purchases. Preferred Rewards status can increase the earning rate.

Listed credits

$125

estimated annualized value

Annual fee

$95

per year

Estimated annualized credits minus fee

+$30

Based on full eligible use at face value

Benefits listed

2

2 credits · 0 perks

Which credit benefits does this card include?

Airline Incidental Credit

Up to $100 per year as a statement credit toward airline incidentals such as seat upgrades, baggage fees, and in-flight purchases.

$100

annual

Global Entry or TSA PreCheck Credit

Up to $100 statement credit every 4 years for Global Entry or TSA PreCheck application fee.

$100

every 4 years · $25 estimated annualized value

Global EntryTSA PreCheck

Related benefit guides

Frequently asked questions

What is the estimated annualized value of Premium Rewards Card credits?

Bank of America Premium Rewards Card has 2 listed credits with an estimated annualized value of up to $125 when every eligible benefit is fully used. Multi-year credits are averaged across their eligibility periods.

Does the Premium Rewards Card annual fee make sense?

Based on full eligible use at face value, the listed credits' estimated annualized value is about $30 more than the $95 annual fee, before rewards and other benefits. This modeled comparison is not savings. Your usable value depends on whether the credits match spending you would make anyway.

Which Premium Rewards Card benefits should I track first?

Start by reviewing Airline Incidental Credit and Global Entry or TSA PreCheck Credit because they have the largest estimated annualized face value in this guide. Prioritize only the benefits that fit purchases you would otherwise make.

What should I verify before relying on Premium Rewards Card benefits?

Check current Bank of America terms for enrollment, eligible purchases, spending thresholds, benefit periods, and statement-credit timing. Account-specific terms and card changes can affect what applies to you.

Benefit terms can change. Estimated annualized values model full eligible use at face value and average multi-year credits across their eligibility periods. They do not represent actual savings. Verify current terms with Bank of America.

Keep these credits on your list

Track all 2 listed credit benefits manually on Free. With Pro, the browser extension can import issuer-reported activity for supported cards after you sign in on the issuer's website and remind you before eligible benefits reset.