Bank Of America Premium Rewards Credit Card Travel Benefits
Bank of America's Premium Rewards Credit Card is one of the most popular credit cards in the market today. It offers a range of travel benefits, making it an ideal choice for frequent travelers. In this article, we will discuss the travel benefits that come with the Bank of America Premium Rewards Credit Card.
Travel Credits
The Bank of America Premium Rewards Credit Card offers a $100 annual airline incidental statement credit, which can be used for baggage fees, lounge access, and in-flight services. Additionally, the card offers up to $100 in a TSA Pre✓® or Global Entry application fee credit every four years. These credits help offset the cost of travel and make the card more valuable.
Flexible Redemption Options
One of the key benefits of the Bank of America Premium Rewards Credit Card is its flexible redemption options. Cardholders can redeem their points for travel, cashback, gift cards, and more. When using points for travel, cardholders have the option to book through the Bank of America Travel Center or transfer their points to one of the card's travel partners, including airlines and hotels. This flexibility allows cardholders to maximize the value of their points.
Lounge Access
The Bank of America Premium Rewards Credit Card comes with a Priority Pass Select membership, which provides access to over 1,300 airport lounges worldwide. Cardholders can enjoy complimentary food and beverages, comfortable seating, and other amenities while waiting for their flights. This perk is especially valuable for frequent travelers who spend a lot of time in airports.
Bonus Points On Travel Purchases
The Bank of America Premium Rewards Credit Card offers 2 points per dollar spent on travel and dining purchases and 1.5 points per dollar spent on all other purchases. This means that cardholders can earn a significant amount of points on their travel purchases, which can then be redeemed for travel, cashback, or other rewards.
No Foreign Transaction Fees
The Bank of America Premium Rewards Credit Card has no foreign transaction fees, making it an ideal card for international travel. Many credit cards charge a fee for foreign transactions, which can add up quickly for frequent travelers. With this card, cardholders can make purchases abroad without incurring any additional fees.
Travel Insurance
The Bank of America Premium Rewards Credit Card comes with a range of travel insurance benefits, including trip cancellation/interruption insurance, trip delay reimbursement, baggage delay insurance, and emergency evacuation and transportation coverage. These benefits provide peace of mind for travelers and can save them a significant amount of money if something goes wrong during their trip.
Overall, the Bank of America Premium Rewards Credit Card offers a range of valuable travel benefits that make it an ideal choice for frequent travelers. From travel credits to lounge access to flexible redemption options, this card provides cardholders with the tools they need to make the most of their travels.
