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Bank of America Premium Rewards Credit Card $95

$95.00
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Bank of America is offering 50,000 Bonus Points w/ $3000 Spent in First 3 Months of Account Opening for their Premium Rewards Credit Card with $95 Annual Fee.
It seems to be newly launched card (no reviews yet either), but there are some perks making it an alternate to Chase Sapphire Preferred.

While both cards have 2% on Travel and Dining, BofA has 1.5% on all other purchases compared to 1% on CSP.
Also, get upto $200 credit on travel purchases ($100 for TSA and $100 for airline incidentals like baggage fees).

Lastly, BofA Premium Rewards Credit Card has a lower spending amount for the intro offer.
Although you can get 25% rewards when booking travel through chase.

Also, the annual fee is waived for the first year at Chase for CSP while for this card from BofA that is not the case.
Created 11-29-2017 at 11:44 PM by GeetT
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Chase Sapphire Preferred Credit Card 50K Points w/ $4K Spent in 1st 3-Mos
Update: This offer is still available. Chase is offering 50,000 Bonus Points ($625 towards travel) w/ $4000 Spent in First 3 Months of Account Opening for their Sapphire Preferred Credit Card with $0 Intro Annual Fee for the first year, then $95. Thanks brisar Please see our forum thread for additional details and requirements. Slickdeals may be compensated by Chase.
Chase Ink Business Preferred Card 80K Points w/ $5K Spent in 1st 3-mos
Update: This extremely popular offer is still available. Chase offers the Chase Ink Business Preferred Card with 80,000 Ultimate Rewards Bonus Points after making $5,000 in purchases during the first 3 months from account opening. Thanks drdvls Card Features: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards® Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open No foreign transaction fees Employee cards at no additional cost $95 Annual Fee Slickdeals may be compensated by Chase.
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$95.00

26 Comments

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This comment has been rated as unhelpful by Slickdeals users
Joined Jan 2007
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#2
cash back is too low with annual fee , no go
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Joined Feb 2011
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#3
good card. at lease 1.5% rewards
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#4
Quote from cgigate
:
cash back is too low with annual fee , no go
Agreed. The $100 airline credit credit negates the AF, but my first national amex does that without an annual fee...
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#5
Quote from caveman017
:
Agreed. The $100 airline credit credit negates the AF, but my first national amex does that without an annual fee...
Also agree. I'd rather get the Uber visa card that just came out with $0 annual fee and 2% back on all online purchases as well as 4% back on restaurants.. So clutch
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#6
Quote from nirvanaguy
:
Also agree. I'd rather get the Uber visa card that just came out with $0 annual fee and 2% back on all online purchases as well as 4% back on restaurants.. So clutch
If you have platinum honors status with bofa you get 75% extra points i.e. every purchase is 2.62% and dining/travel is 3.5% with no limits. the 2.62% on all purchases with no limits is probably higher than any other card. the $100 travel credit takes care of annual fee and you also get refund of global entry fee. And no international exchange fees. I think this card is slick if you a status with bofa. if you dont then certainly not a standout. $500 initial is also pretty good offer.
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#7
Quote from zardari
:
If you have platinum honors status with bofa you get 75% extra points i.e. every purchase is 2.62% and dining/travel is 3.5% with no limits. the 2.62% on all purchases with no limits is probably higher than any other card. the $100 travel credit takes care of annual fee and you also get refund of global entry fee. And no international exchange fees. I think this card is slick if you a status with bofa. if you dont then certainly not a standout. $500 initial is also pretty good offer.
Yeah, if you want to keep $100k with BoA. No thanks. So many better brokerage firms out there.
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Joined Dec 2011
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#8
CSP provide primary car rental insurance but 1.5 for every 1 sounds enticing .
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#9
This is a repost- the deal has had at least 2 previous threads....


Anyway-

1.5% is terrible- plenty of cards offering 2% on generic spend (and higher in categories of course)

Without Plat Honors status this card is inferior to other, better, cards across the board- though obviously the signup bonus is worth getting.

WITH plat honors it's still inferior to other, better, cards for people who travel- but the 2.625% non-category spend is worthwhile for those who do not travel....(that's pretty much the only time the card is worth using beyond the signup bonus)


The $100 airline credit doesn't REALLY make up for the annual fee- because it's not a generic airline credit- it only covers incidentals- and unlike the Amex one you can't easily buy airline giftcards with it.


So unless you ALREADY were going to spend $100 a year on crap like in-flight drinks or baggage fees it's not actually worth $100.
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#10
FYI - per Doctor of Credit gift cards from some airlines (American in particular) will be counted as incidental and get a credit.

Agree that this card is really only worth it if you have Plat. Honors status with BoA. And don't knock non-category spend, all that money spent on utility bills / insurance / doctors and dentists can really add up. I make more on non-category spend with my Travel Rewards than with any other card.
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Last edited by jrbdmb November 30, 2017 at 06:28 AM.
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#11
Quote from caveman017
:
Yeah, if you want to keep $100k with BoA. No thanks. So many better brokerage firms out there.
Slickdealers dont pay commission on trades. BofAs brokerage gives free 100 trades per month. No one else doed that outside of temp promotions. Keep another brokerage for research and use merrill for trades.
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#12
Quote from jrbdmb
:
FYI - per Doctor of Credit gift cards from some airlines (American in particular) will be counted as incidental and get a credit.
Per DoC it appears American is the ONLY airline that qualifies- so I guess if you routinely buy cash fares on AA you can count the $100 as real money, otherwise not so much


Quote from jrbdmb
:
Agree that this card is really only worth it if you have Plat. Honors status with BoA. And don't knock non-category spend, all that money spent on utility bills / insurance / doctors and dentists can really add up. I make more on non-category spend with my Travel Rewards than with any other card.
It's not that I'm "knocking" non-cat spend- it's that the only time this card is worth using for that purpose is if BOTH of these are true:

1) You have 100k+ in BoA (because otherwise a ton of 2% cards beat this one for non-cat spend)

AND

2) You don't travel (because if you do you can do better with both UR and MR cards for non-cat spend than 2.625% cash with this card)
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Last edited by Knightshade November 30, 2017 at 08:17 AM.
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#13
Quote from zardari
:
Slickdealers dont pay commission on trades. BofAs brokerage gives free 100 trades per month. No one else doed that outside of temp promotions. Keep another brokerage for research and use merrill for trades.
100 free trades per month, really? Can you please share the link.., I have Bofa checking and cc... hope I m eligible
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#14
Quote from deal6565
:
100 free trades per month, really? Can you please share the link.., I have Bofa checking and cc... hope I m eligible
https://www.merrilledge.com/zero-dollar-trades

not anything new. they have had it forever. as long as you have plat honors status.
if you have lower tier you get 30 free trades.
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#15
Is bofa still being nazis about approving churners?
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