Bank of America PREMIUM REWARDS Credit Card Review! (PLUS Bank of America Preferred Rewards!)

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

March 13th, 2021

DESCRIPTION
The Bank of America Premium Rewards card is a good travel credit card for beginners or those who have a banking / investment relationship with BoA / Merrill. Click “Show More” to see Ad Disclosure. 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull WELCOME BONUS (March 2021) Earn 50,000 points after spending $3K in the first 90 days. Value = $500. ANNUAL FEE = $95 EARN POINTS 2X Travel 2X Dining 1.5X Other Purchases WHAT COUNTS AS TRAVEL FOR BANK OF AMERICA PREMIUM REWARDS CARD airlines hotels motels timeshares trailer parks motor home and RV rentals campgrounds car rental agencies truck and trailer rental cruise lines travel agencies tour operators and real estate agents passenger trains buses taxis limousines ferries boat rentals parking lots and garages tolls and bridge fees tourist attractions exhibits, including: art galleries, amusement parks, carnivals, circuses, aquariums, zoos, etc. BANK OF AMERICA PREFERRED REWARDS PROGRAM There are a lot of benefits that come with this, one of which is a credit card rewards bonus. Get the details here: https://www.bankofamerica.com/preferred-rewards REDEEM POINTS Points are worth 1.0¢ each when redeemed in the following ways: - Cash Back: Statement credit, deposit to a checking account or savings account with Bank of America or investment account with Merrill. - Gift Cards - Travel via BoA portal BANK OF AMERICA PREMIUM REWARDS CREDIT CARD BENEFITS - Airline Incidental Credit ($100): Get up to $100 each year for qualifying purchases (including: seat upgrades, baggage fees, in-flight services, & airline lounge fees). Applied automatically applied to your card statement -TSA Precheck or Global Entry Credit: Get a statement credit towards either application fee every 4 years - $85 towards TSA Precheck - $100 towards Global Entry - Visa Signature Luxury Hotel Collection: Enjoy premium benefits at select hotels around the world - Visa Signature Concierge Service: Get help with travel planning, restaurant recommendations and event reservations - No Foreign Transaction Fees BANKAMERIDEALS These are similar to Amex Offers and Chase Offers, whereby you can add digital, cash-back coupons to your card account to get additional rewards at select merchants. Simply add them to your card, use your card with those retailers, and the additional cash back will be credited to your account! INSURANCE & PROTECTIONS Auto Rental Collision Damage Waiver Roadside Dispatch Program Trip Delay Reimbursement Trip Cancellation / Interruption Baggage Delay Lost Luggage Reimbursement Travel & Emergency Assistance Services Emergency Evacuation & Transportation Coverage Purchase Security Warranty Manager Service Return Protection See the details here: https://www.bankofamerica.com/credit-cards/premium-benefits GOOD TO KNOW - No limit to how many points you can earn - Points do not expire - Bank of America tends to be a ‘relationship bank,’ meaning your chances of approval will likely be higher if you have a banking relationship with BoA. SHOULD YOU GET IT? YES if you… - Spend on travel & dining - Are a budget traveler - Value simple & flexible rewards - Travel value = cash back value - Have a relationship with BoA / Merrill NO if you… - Don’t travel much - Want huge value for expensive travel (lux hotels, int’l flights, etc.) - Want transfer partners - Don’t like annual fees - Want VIP travel perks Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #bankofamerica #travelrewards
Mark Reese // Credit & Finance

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