Bank of AmericaPremium RewardsRegistry illustration · issuer artwork unavailable
Premium RewardsBank of America · N bank, AR · FDIC 3510
CurrentLast observed Oct 4, 2026Source date Aug 23, 2026Official issuerCredit card · Consumer · unsecuredFiled as “Bank of America Premium Rewards”
Foreign fee
Grace period
25 days
from cycle close
Rates and fees
| Term | Value | As printed in the source | Source |
|---|---|---|---|
| APR for purchasesintroductory rate first | |||
| Introductory | NoneConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Great credit | median 21.74%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Good credit | median 26.24%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Poor credit | median 26.74%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| No credit score | median 25.74%Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| All applicants | 19.49%–27.49% variableBank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del Tasa Preferencial + 12.74% al Tasa Preferencial + 20.74% (APR) del 19.49% al 27.49% (DPR) del 0.053397% al 0.075315%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| APR for balance transfers | 19.49%–27.49% variableBank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del 19.49% al 27.49%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| APR for cash advances | 27.74%–29.24% variableConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Penalty APRafter a late payment | up to 29.99% variableBank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “Up to 29.99% , based on your creditworthiness. This APR will vary with the market based on the Prime Rate. This APR may be applied to new transactions on your account if you: • Make a late payment. How Long Will the Penalty APR apply?: If your APR is increased for this reason, the Penalty APR will apply indefinitely.”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Rate mechanics · Balance transfer | |||
| Daily periodic rate | 0.05339700%–0.07531500%Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del 0.053397% al 0.075315%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Prime rate plus | 12.74%–20.74%Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del Tasa Preferencial + 12.74% al Tasa Preferencial + 20.74%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Rate mechanics · Purchase | |||
| Daily periodic rate | 0.05339700%–0.07531500%Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del 0.053397% al 0.075315%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Prime rate plus | 12.74%–20.74%Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “del Tasa Preferencial + 12.74% al Tasa Preferencial + 20.74%”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Paying interestgrace period on new purchases | 25 days from the close of each billing cycle | — | — |
| How we calculate your balance | Average daily balance including new purchases | — | — |
| Annual fee | $95, An Annual Fee of [see the Pricing Information table for fee amount]. The Annual Fee will be assessed each [month of account opening] if your account is open or if you maintain an account balance, whether or not you have active charging privileges.Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “$95”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 2 |
| Transaction fees | |||
| Cash advance | 5% of the amountConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Balance transfer | 4% of the amountConsumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Foreign transaction | $0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Penalty fees | |||
| Late payment | up to $41Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | “Up to $41”Bank of America, National Association · Page Capture Aug 23, 2026 · Captured Aug 23, 2026 | p. 3 |
| Repeat late fee within six billing cycles | $40Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Returned payment | — | no source read | |
| Other fees | |||
| Monthly Custom Pay Plan Fee | $0, A fixed monthly fee determined and disclosed at the time the Plan is created based on the Plan duration, Purchase amount assigned to the Plan, Purchase APR, and other factors. It will never exceed 1.72% of the Purchase amount assigned to the Plan.Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Over limit | $0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |
| Purchase transaction | $0Consumer Financial Protection Bureau · Report Date Dec 31, 2025 · Captured Sep 6, 2026 | — | Website |