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Posted by / 24-Apr-2018 03:36

One of the additional travel benefits offered by the Bank of America® Premium Rewards® credit card is the extra travel statement credit.

If you use your card for certain qualifying airline transactions such as seating upgrades, in-flight entertainment, and on-board food and drinks then you can earn up to 0 per year in statement credit.

Your balance is calculated across all of your checking, savings, and investment accounts.

The Bank of America® Premium Rewards® credit card also comes with a pretty hefty bonus offer.

If you’re a regular traveler and want a credit card that gives you both cash back and luxury travel benefits, this is a great choice to consider.

You’ll get even more if you maintain a certain amount of money in your Bof A account—which can make this card very special among its peers. The welcome bonus offer is a pretty hefty 50,000 extra points when you spend at least ,000 on your Bank of America® Premium Rewards® credit card in the first 90 days of card membership, and there’s a lot of flexibility when redeeming points.

Your points never expire and you can redeem a minimum of 2,500 points at a time.

Points can be exchanged for a cash deposit directly into your eligible Bank of America of Merrill Lynch account as well as in the form of statement credit.

Then, you can earn 25-75 percent more points for every transaction.

Bank of America has three tiers for Preferred Rewards customers, depending on how much money you have in your Bank of America and Merrill Lynch accounts.

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If you make at least $3,000 in purchases during the first 90 days of card membership, you’ll get an extra 50,000 points, which is the equivalent of $500.

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