Bank of America Premium Rewards Benefits - Every Perk, Credit & Deadline

Airline Incidental Statement Credit

Receive up to $100 in statement credits annually for qualifying airline incidental purchases such as seat upgrades, baggage fees, in-flight services, and airline lounge fees.

TSA PreCheck or Global Entry Application Fee Credit

Receive up to $100 in statement credits to reimburse the application fee for either Global Entry or TSA PreCheck, available once every four years.

No Foreign Transaction Fees

Pay no foreign transaction fees when making purchases outside of the United States.

Preferred Rewards Bonus Earning

Eligible Bank of America Preferred Rewards members can earn a 25% to 75% rewards bonus on every purchase based on their qualifying relationship tier.

Trip Delay Reimbursement

Provides reimbursement up to $500 per ticket for eligible expenses (like meals and hotel stays) if your trip is delayed for more than 12 hours due to a covered hazard.

Trip Cancellation and Interruption Insurance

Provides up to $5,000 per person per trip for unused, prepaid, nonrefundable travel expenses if your trip must be canceled or is interrupted due to a covered reason.

Baggage Delay Reimbursement

Reimburses you for essential items you must purchase if your checked baggage is delayed by a common carrier for a covered period of time.

Lost Luggage Reimbursement

Provides reimbursement to repair or replace checked or carry-on luggage and its contents if lost or stolen due to misdirection by the common carrier.

Emergency Evacuation and Transportation Coverage

Provides coverage for eligible emergency medical evacuation and transportation if you or an eligible family member are injured or become sick during a covered trip.

Auto Rental Collision Damage Waiver

Provides secondary coverage for damage due to collision or theft for eligible rental cars when you decline the rental company's collision damage waiver.

Purchase Protection

Will repair, replace, or reimburse you for an eligible item purchased with your card that is stolen or damaged within 90 days of purchase, up to $10,000 per claim.

Extended Warranty Protection

Doubles the time period of the U.S. manufacturer's warranty for up to one additional year on eligible warranties of three years or less.

Return Protection

Reimburses you for the cost of an eligible item up to $250 per item and up to $1,000 annually if you try to return it within 90 days of purchase and the merchant will not accept it.

Travel and Emergency Assistance Services

Provides access to a 24/7 dedicated hotline for coordination of medical, legal, and travel services while away from home. (Cardholders are responsible for the cost of actual goods/services).

Roadside Dispatch Program

A pay-per-use roadside assistance program providing services such as towing, jump starts, and tire changes.

Visa Signature Luxury Hotel Collection

Enjoy premium perks at participating properties, such as automatic room upgrades upon arrival (when available), complimentary in-room Wi-Fi, and a $25 USD food or beverage credit.

Visa Signature Concierge

Complimentary 24/7 assistance to help you find tickets to top sports and entertainment events, book travel, and make dining reservations.