Posted by William Charles on September 18, 2017
Credit Card Offers

Published on September 18th, 2017 | by William Charles


Bank of America Premium Rewards Credit Card Now Review – 50,000 Point Bonus, $100 Annual Travel Credit & More

The Bank of America Premium Rewards credit card is now available for applications. With benefits and sign up bonuses as predicted.

Card Basics

  • Annual fee of $95 (not waived first year)
  • $100 Airline Incidental Statement Credit annually for qualifying purchases such as seat upgrades, baggage fees, in-flight services and airline lounge fees. Only applies to domestic-originated flights on certain U.S. Domestic airline carriers.
  • $100 airport security statement credit towards TSA Pre✓ ® or Global Entry Application fee every four year
  • Sign up bonus of 50,000 points after $3,000 in purchases within the first 90 days of account opening
  • Card earns at the following rates:
    • 2x points for every $1 spent on travel and dining purchases [Read: Best cards for dining purchases]
    • 1.5x points for every $1 spent on all other purchases
  • No foreign transaction fees
  • Eligible for Bank of America Preferred Rewards, meaning you can get an additional 25-75% rewards on all purchases. Makes the card earn at the following rates with top tier status:
    • 3.5x points per $1 spent on travel & dining purchases
    • 2.625x points per $1 spent on all other purchases
  • Points are worth 1¢ each and can be redeemed for cash back as a statement credit into eligible Bank of America or Merrll Lynch accounts or to purchase travel through the Bank of America travel center or to redeem gift cards

Card Benefits

$100 Travel Incidental Credit

This card gives you a $100 airline incidental statement credit every calendar year. This is big news as it means you can get use the credit twice but only pay the annual fee once (e.g apply now and use for 2017 and then use it again in 2018). To use the credit you just need to use the Premium Rewards card to pay your airline incidentals and then allow 7 days for the statement credit to post to your account. Unfortunately only  the following is eligible:domestic-originated flights on certain U.S.-domestic airline carriers that include: preferred seating upgrades, ticket change/cancellation fees, checked baggage fees, in-flight entertainment, onboard food and beverage charges, and airport lounge fees affiliated with eligible airline carriers.

The following as specifically excluded in the fine print: Airline ticket purchases, mileage point purchases, mileage point transfer fees, gift cards, duty-free purchases, award tickets and fees incurred with airline alliance partners do not qualify. Airline incidental fee transactions must be separate from airline ticket charges. In practice we don’t know what will and won’t work. I’ll keep this section of this post updated with what does and doesn’t work with datapoints as they come in, please share yours in the comments when possible.

They list the following Merchant Category Codes as qualifying: 3000, 3001, 3057, 3058, 3063, 3066, 3132, 3174, 3196 or 3256. You can find datapoints on what does/doesn’t work here.

TSA Pre✓/Global Entry Credit

You’re eligible for one statement credit per account every four years for either TSA Pre✓ ($85) or Global Entry ($100). You might as well get Global Entry as it includes Pre✓ as well. You just need to use your card to pay for application fee.

Emergency Travel Benefits

  • Trip Delay Reimbursement of $500 per ticker purchased for you and your eligible family members for reasonable expenses if a covered trip is delayed for more than 12 hours
  • Trip Cancellation/Interruption of up to $5,000 per person per trip for the unused prepaid non-refundable travel expenses including passenger fares, tours, and hotels if you have to cancel due to a covered reason
  • Baggage Delay of up to $100 per day (up to five days) when your bags are delayed or misdirected by a common carrier for more than six hours for essential items including clothing.
  • Lost Luggage Reimbursement provides coverage for luggage and it’s contents if they are lost or stolen due to theft or misdirection by the common carrier
  • Common Carrier Travel Accident Insurance provides coverage against accidental lost of life, limb, or sight while travelling by land, air or sea on a licensed common carrier when tickets have been purchased using this card
  • Travel and Emergency Assistant Services provides help cordinating medical, legal and travel services when you are traveling.
  • Emergency Evacuation and Transportation Coverage if you or a member of your immediate family are injured or become sick during a trip far from home that results in an emergency evacuation you can be covered for eligible medical services and transportation

Purchase Benefits

  • Purchase Security. Repair/replace/reimburse you if an eligible item purchased with the card is stolen or damaged within 90 days of purchase. Up to $10,000 per claim
  • Warranty Manager Service. Doubles the time period of the manufacturers’ warranty up to one additional year for eligible items purchased with card.
  • Return Protection. Provides reimbursement for the cost of an eligible item of personal property if you are dissasitified with the item for any reason within 90 days of the purchase and if the retailer will not accept the return. Limited to $250 per eligible item and up to $1,000 annually. Items must be received by the benefit administrator in like-new/good working condition

Automotive Benefits

  • Auto Rental Collision Damage Waiver. Provides reimbursement for damage due to collision or theft. Coverage is supplemental to and in excess of other insurance. You must also decline the collission/loss damage waiver offered by the auto rental agency.
  • Roadside Dispatch Program. 24/7 on demand referral dispatch network that poviders emergency roadside assistance, towing and locksmith services.

How Much Are Points Worth?

Points are worth 1¢ each and can be redeemed for cash back into a Bank of America checking or savings account (or various Merrill Lynch accounts) or as a statement credit. In addition you can redeem points for travel at the travel center or for gift cards. Minimum redemption is 2,500 ($25) for all options.

Preferred Rewards

Bank of America’s preferred rewards program is where it becomes interesting for ongoing spend. We have discussed this program in detail before here. But basically is if you have assets held in Bank of America accounts (or Merrill Lynch) you’re eligible for a bonus as a Preferred Rewards relationship client. Here are the tiers:

  • Preferred Rewards Gold $20,000 – $50,000:  25% bonus on rewards
    • 2.5x points per $1 spent on travel & dining purchases
    • 1.875x points per $1 spent on all other purchases
  • Preferred Rewards Platinum $50,000-$100,000: 50% bonus on rewards
    • 3x points per $1 spent on travel & dining purchases
    • 2.25x points per $1 spent on all other purchases
  • Preferred Rewards Platinum Honors $100,000+: 75% bonus on rewards
    • 3.5x points per $1 spent on travel & dining purchases
    • 2.625x points per $1 spent on all other purchases

Our Verdict

It’s hard to make a case against signing up for this card, it comes with a sign up bonus worth $500 in cash or statement credit (using for travel/gift cards doesn’t make a lot of sense, just redeem for statement credit and then make those travel/gift card purchases on the card instead) and you can also get $200 in travel incidental credits and only pay a $95 annual fee. The downside is that there is a $3,000 minimum spend requirement but that isn’t excessive given the sign up bonus. I suspect this is only the launch bonus and it will be decreased over time (we saw the same with the Chase Sapphire Reserve and also the Blue Business Plus).

Keeping the card long term would only real make sense if you had Preferred Rewards as otherwise you’d be better off just using a 2%+ cash back card for all purchases (otherwise it’s 1.5% on all purchases and then 2% on travel/restaurants). For those with Preferred Rewards this card would be better option than say the travel rewards card (this card also gives 2.625x on all purchases with the highest Preferred Rewards status but can’t be redeemed for cash back), but that’s only true if the travel credit would offset the annual fee for you (or the convenience of being able to cash out your rewards instead of having to use them for travel).

For most people this will be a card that is at the very least worth signing up for the 50,000 point sign up bonus and the $100 travel incidental credits * 2 that you’ll be able to get. Because of that I’ll be adding it to our list of the best credit card sign up bonuses. I also imagine that this saddly means the Merrill+ is no longer available, but if anybody tries to sign up please let us know. If you have any questions about Bank of America credit cards in general, I’d recommend reading this post. There is also a $100 checking bonus currently available, not sure if that helps get approved or not.


Do you get the Preferred Rewards bonus on the sign up bonus?

Unfortunately I don’t think so. You get this bonus on purchases and not the sign up bonus.

Can I triple dip the travel credit by applying in December?

This might be possible, will likely depend on how quickly the statement credit posts (looks like it should be within 7 days but isn’t entirely clear if this is 7 days of the purchase posting or the statement cycle posting).

Can you product change to this card?

According to this datapoint, you can. Just keep in mind that by product changing you will not get the sign up bonus.

Will Bank of America expedite this card?

  • Yes (for Preferred Rewards customers by calling 888.888.7937): 1

Can you transfer points to this card?

Yes, travel rewards & AAA points can be transferred to this card but cash rewards cannot be transferred. This is useful as this premium card gives you the option of redeeming points for cash back/statement credit.

Does this card have any transfer partners?




365 Responses to Bank of America Premium Rewards Credit Card Now Review – 50,000 Point Bonus, $100 Annual Travel Credit & More

  1. Mjs says:


    I’d add in your write up that points can also be redeemed as a statement credit, which is probably a better option than gift cards for those of us who don’t have a BofA banking account.

  2. Rab says:

    I got approved for my 2nd merill+ on 9/8. I will try to apply for this card based on the previous hp. I hope i can save another hp.

    • James33 says:

      Could you elaborate on this? Because I applied for my 2nd Merrill+ on 9/13. Are you saying applying for another BofA card within a certain amount of days will use the previous HP? I thought it would need to be the same day.

  3. Wong says:

    Do you get the +25/50/75% extra reward points when you make the purchase or is it only when you redeem?

    • madage says:

      Purchase. No bonus on the 50,000 points.

    • Wong says:

      Ahh, it’s earned upon purchase.

      If you’re a Bank of America® Preferred Rewards client, you can enjoy 25% – 75% rewards bonus on every purchase. That means you could earn up to 3.5 points per $1 on travel and dining purchases and up to 2.62 points per $1 on all other purchases

  4. madage says:

    My app went straight to pending. PH PR, four BoA CC. Approx 10/24. Not shocked. Will call later.

    • Cain says:

      A while back there was a post that they are possibly limiting to four cards now. You may be able to get it if you agree to close one of your four.

    • madage says:

      Recon agent says BoA “wants to approve”, but can’t tell if it’s a straight approval or moving credit from other cards. Agent is supposed to call me back. Strange.

      • madage says:

        I finally called back today. Approved with similar credit line to my other four BoA cards (~15k).

        • madage says:

          In my online account, it is clear BoA reassigned credit from my BBR for the new PR. This is fine. I only charge $1/mo on BBR to keep the bonuses rolling in.

  5. J.M. says:

    I am top tier PR (based on Merrill Edge) and have 3 CCs presently with BoA. Both my 2nd and 3rd cards were rather difficult to get – had to beg and plead with Recon to get them, so I’m not feeling too good about trying for a 4th card. My CS is over 800 on all three agencies.

    Anyone tried reducing their overall credit limit with BoA before they apply for new cards? I know this works with Chase sometime (if you’re under 5/24).

    I have the regular Travel Rewards, so this card would essentially replace that one (not sure what card I would PC it to, as BBR is dead I’ve heard, and I already have a Cash Rewards card).

    • J.M. says:

      The reason first given for denial both times was “client already has sufficient accounts with Bank of America,” so it sounds like they think that one card was enough (and then two cards was enough). Pretty sure they’ll say 3 cards is more than enough.

      They never mention the overall CL being the issue. When I offered to move some of my CL the first time it worked; the second time they said no go, but then a banker called me back and went to bat for me (which was very surprising).

      Kinda interesting that the BoA bankers don’t really see your Merrill balances – I had to tell them both times about it, even though the accounts are connected.

    • JB says:

      I would say don’t do it. I tried a similar strategy (bump down my credit limits $6K each on 2 current BoA cards) and they still won’t give me a 3rd card, whether it be an MLB card or today the Premier Rewards.

      Hoping recon later today goes a bit better, as I fully intend to use this card to replace my Travel Rewards, but I wouldn’t be surprised to find that BoA doesn’t budge (again).

    • ppsh says:

      I reduced my CL by 20k around 20 days prior to applying for Merrill+ (would have been my 5th BOA personal CC or 6th CC overall in 24 months), but got denied, even by reconsideration. But I read the reduced CL might take at least 30 days before becoming seen by the new accounts department.

      • Jim says:

        I’ll concur here. I lowered my CL about 2 weeks before applying and credit dept didn’t see it either.

      • JB says:

        I lowered my CL in August in an effort to get a MLB Card – no go. Today the reps saw my lower CL and still – no go. They seem to be more interested in the number of cards (esp. newer cards) than in the overall credit limit.

        • paz says:

          Yeah, that too, the new rule of 4/24 BOA CC per a reddit post, as confirmed by my own experience. The only unclear is whether BOA coutns biz CC or not.

  6. JB says:

    Wish that the information page had more info on the available travel insurance, as this is the one other improvement over the Travel Rewards card that might justify the AF.

  7. Rebekka says:

    New DP:

    I’ve been waiting for this card to come out! Just applied online for both myself and my husband (separately). Both approved for the card with credit line of $21,000.

    Hubs is Gold tier, and I am Platinum. We have checking, savings, ME IRA’s, and a Cash Rewards & Travel Rewards card each.

    Now to call them to have them overnight the card since we’re leaving for a trip on Friday!

    Thanks DOC for getting this post up first thing this morning!

    • Rebekka says:

      Sorry, forgot to add. Hubs and I are both at 8/24 and I also have a BOA business credit card

    • Anne N. says:

      Rebekka – have you had any luck getting BofA to expedite your card? Multiple calls to the Preferred Rewards line with no luck!

      • Rebekka says:


        It took forever. After calling the Preferred rewards line, being transferred and on hold for 30 minutes, the CS rep didn’t know what I was talking about. He transferred me again and I got disconnected.

        Called back and it said 45-75 min wait…so I put my # in the queue for a callback.

        Once I was called back it only took about 5-6 min. The front CS rep saw the new card and said she had to transfer me to a credit analyst to have it taken care of. A CA answered almost immediately, verified my identity, and put in the request to expedite my card. This was at around 2pm ET today. She said I should receive my card on Wednesday. I asked her if we could take care of expediting DH’s card also, but she said she needed to speak with him. Wasn’t able to conference him in but she gave me a direct # back to the CA dept. It is 800.667.9687. They are open 8a-7p.

        I am going to have DH call tomorrow morning, so hopefully he’ll get his card on Thursday.

        The long and short of this story is, don’t call the Preferred Rewards line, just call the Credit Analyst Dept directly!

        Hope this helps!

        • Anne N. says:

          Thanks Rebekka! Just tried calling and they are closed now, will try again tomorrow. I am really disappointed that requesting a card be expedited is so difficult as a Platinum Rewards Member. Anne

        • Anne N. says:

          Rebekka – your contact number worked great! Thanks! A service rep answered immediately and my card will be delivered tomorrow. Anne

          • Rebekka says:

            Awesome! Yes, update to my story…she said I would get the card by Thursday but I got a notification last night via my UPS app that it would be delivered today.

            DH called that # this morning and was only on the phone for a few minutes also.

            Cannot wait to get my hands on this card!!

          • Rebekka Alexander says:

            My card arrived today! Hubby called this morning and I got a notification from UPS about an hour ago that his would be delivered tomorrow.

            The card is pretty chintzy feeling. It’s uber thin and cheap feeling. If you don’t actually touch it, it looks OK from far away. Card # is on the back. Only name and “Preferred” shown on the front.

    • JB says:

      DP question – how old are your current BoA cards?

  8. Justin says:

    Probably worth it to apply for this and M+ assuming M+ is still available today

    • tinytavosa says:

      It is. Just got approved.

    • dmoney says:

      What about the reports of m+ being shutdown after folks open another card soon after?

      • tinytavosa says:

        I will boycott or otherwise find a way to abuse BoA so hard if that happens. First account with them, and they pulled a report they were not given permission to (froze EX, called in, they asked what to pull, told them EQ… get approved, look and they took EQ and TU…)

        I’ll report back if such issue happens.

        • Ferris says:

          You won’t boycott them unless you are a fool. You simply play by the rules. I don’t get why churners try to threaten they will boycott when they are the ones making a bunch of money off the banks. When a churner boycotts, the banks win.

  9. Rab says:

    Anyone know who the eligible carriers are?


    Applied and instantly denied (my first denial!).

    No relationship with BoA, 9/12 with 3 cards in August.

  11. tinytavosa says:

    I applied for M+ about an hour ago, would it be wise to go for this one too? If my EXP is frozen, can I specify which report they will pull as well and combine HP’s?


  12. Josh says:

    Is it just me, or does it look like BoA may have rolled out some new application rules along with the rollout of this card? I’m seeing an awful lot of denial (or at least pending) DPs, including from people with high credit scores who don’t have many BoA cards. The pattern that I’m seeing suggests they’re looking back at least a couple months and denying people with a lot of recent applications.

  13. Jacinto says:

    I’d like to get the new Premium Rewards card but already have 9 BOA ccs, Preferred Rewards Platinum Honor Level assets.

    Do you think it is worth a hard pull denial to apply for this card?

  14. MoreSun says:

    Will they overnight the first card to you while on vacation? (Tried that once with Chase & they refused, said the first card had to go to the primary address.)

  15. gary says:

    approved $15,000. this will be my 5th active card with them. They reduced the line from one of my other cards so new new credit but thats fine with me

  16. Mike says:

    Some DP. They won’t allow a PC from travel card to this new card. If I want the card, I have to apply. I’m going to call again and try a different rep

  17. Jessica says:

    Application pending. Platinum honors client. This’d only be my 2nd card with them. Not sure why it’s not approved instantly =\

  18. Jags says:

    Hard declined.

    Wonder why.

  19. PennGem says:

    Applied for the card and it went to “review” status. Already got approved for Merrill + and Alaska this past June. Called recon and they just needed to verify my address (as I recently moved) and it was approved. This is my 3rd BoA card and I didn’t have to shift around credit limits. They are expediting my card as well.

    Also, new recon number is 866-245-8555. Seems like older posts have a number that is no longer in use.

  20. weedibix says:

    Any info on whether points from their travel rewards card can be transferred to the new Premium Rewards account so that they can be cashed out?

  21. TinkerTailor says:

    Denied instantly. 8/24. Score ~800. First denial in over a decade of churning.

  22. RollMoose says:

    Instant deny, also denied on recon. 5/24, ~760, 100k. No history with BOA. Rep said credit age too short (over two years…) and too many inquiries in last year (probably around 6 total).

    Is it worth applying for other BOA cards today (Amtrak?) or will those be denied as well? I also only afterwards looked at the pre-qualified offers I have for BOA and the premium rewards 50k is on there… Should have gone through that link…

  23. Mike says:

    New update. I spoke to another rep and she did the PC for me. So it’s possible

  24. NK says:

    I have my 401k from work with ML. Would that help me qualify for their additional bonus?

  25. PT says:

    For the 10% bonus, BofA has stated before that savings accounts qualify on their cards and they only require $300 min to be free of monthly fees.

    Above, only checking is listed.

  26. Mr G says:

    Immediate approval. I’m Top Tier Preferred Rewards. B of A customer for 27 years.

    Called and they are overnighting me a card. Need it to book a Christmas trip this week.

    • Mike says:

      Do you see the card online already? Do you have a travel card? Maybe test to see if you can transfer points between each by entering card number in the transfer section

      • Mr G says:

        I do have the Travel Rewards card. Have not checked yet online. I need to pay my monthly statement tomorrow so I will check then. Two weeks ago when I called they told me the points were not transferable between the two cards.

      • Rebekka says:

        The card showed up online for both myself and DH the next day.

    • Rebekka says:

      What # did you call? I called the Preferred line, got someone right away. He said he can see the new account but had to transfer me to a credit card specialist to process the rush. I thought I was supposed to go straight to a person, but I’ve been in a hold queue now for 30 min.

    • Anne N. says:

      What number did you call to get the card overnighted?
      I’ve been on the phone with about 5 reps and no one seems to be able to help expedite my card.

      • Mr G says:

        I never received the card today. Called the Preferred Rewards number and was told it was never sent out and they needed to have me speak to the credit card department. They got it sorted out and will send a card overnight but might be too late in the day at this point to receive tomorrow. I understand they probably got slammed yesterday and it was a new card and all, but this isn’t acceptable for a Top Tier client. The initial phone rep should’ve kept an eye on it and escalated later in the day if the account wasn’t active yet. It’s in my online banking today but of course I don’t have the full card number. Told them I need that card to book a Christmas trip. So frustrating.

        • Anne N. says:

          Mr G – see above post from Rebekka to me. Only took a few minutes to complete my request for expedited card with her contact #.

  27. sreenivas satish says:

    Which credit bureau do they pull? Had frozen all after the Equifax hack. Would like to unfreeze and apply.

  28. P says:

    Looks like a denial for me.
    “Unfortunately, we’re unable to approve your application at this time.”
    They’ll send a letter.

  29. Lrdx says:

    Does the card give you extra cashback on the BofA travel portal like the Travel Rewards card?

    • Lrdx says:

      To answer my question: Term and conditions don’t list any extra cashback at the Travel Center, only that the points can be redeemed there as well. In contrast, the Travel Rewards card T&C does list an extra 1.5% there.

      This is lame. The no-fee card is *better* through the Travel Center: 4.125% vs 3.5%…

      • Dan says:

        I had the same question. Makes no sense. I guess we have to use Travel Rewards for all flights then. I thought I could totally replace Travel Rewards card with the Premium Rewards. I guess not.

        • Arash says:

          Are you sure that the preferred rewards bonus get applied to the travel rewards card when making purchases through B of A travel center? I think they only give 1.5 extra points for booking through their portal. Would like to get more clarification on this.

  30. ppsh says:

    Anyone recently denied of Merrill+ (because of too many BOA cards, 4 in 24 months) has approval success with this card? If so, did this cost another HP, or did BOA use the recent Merrill+ HP for it? I don’t want to be the DP (13/24 on Exp already).

  31. stampman says:

    The T&C for this card also state that you can’t apply if you currently hold it or have applied in the last 24 months. So holding more than one won’t be possible unlike other B of A Cards.

  32. LottN says:

    My initial application went under review. 1st call to recon I was asked for income (which was already in application) and Rep said app was under review with a decision in 24-48hrs. Checked online application status later in the day and had denial. 2nd call to recon was still a denial, too many new accounts.

  33. Becks says:

    Instant Denial. Have 3 cards with BofA (2MLB and 1BBR). 2/6 and 9/24. Pulled Experian . 4 inquiries so far this year on Exp. Will call and try recon.

  34. Joe S says:

    Any idea if it would be better to apply online or in branch? I currently have 5 BoA cards. I’m a Platinum Honors Tier member… I really want this card.

  35. Chao says:

    applied and got instant approval. 21k limit is too high. should I applied Alaska card now since they merge the hard pull?

    have two BOA personal card already, this is my third one

  36. Gabriel says:

    Waiting for data points on what counts as airline incidental credits!

  37. Anne N. says:

    Applied and approved for $30K.
    Credit score >800. >20 year relationship with BofA. Platinum rewards. Have BofA Alaska card. My 5th credit card (Chase Sapphire Reserve, Amex Plat Personal, Chase Sapphire Ink, Amex Plat Business) this year.

  38. Abey says:

    Declined. Pulled Experian.
    I have a 780+ score
    BOA checkig account 10+ years
    2 BOA credit cards 8+ years
    My guess too many inquiries.

  39. Kaptain Insano says:

    Any idea if points are transferable to Travel Rewards, Cash Rewards, or AAA cards?

  40. @seriouslyrick says:

    Automatically approved with a $16,000 credit limit.

    – Top-tier Preferred Rewards
    – 4 cards with Bank of America (BBR, Cash Rewards, Travel Rewards, Merrill+), all instantly approved
    – Credit limit with Bank of America before this application is about $50,000
    – 15/24, about 20 inquiries on Experian

    • John says:

      @seriouslyrick: Trying to make sense of recent data points. How many of your 4 existing BOA cards were applied for / approved in the past 12 months / 24 months?

  41. Ryan says:

    I was just denied with 800+ credit score. I was told I opened too many accounts in TOTAL, not just BofA in last year (8).

  42. Ferris says:

    Can people post data points of their #/12 and #/24 accounts for approval or denial.

    I was approved and I’m 5/12 and 13/24. I have 7 EQ Inquiries

  43. Russell says:

    Applied this morning. Went to pending. I’m a Platinum Honors customer with 2 BofA cards, Cash Rewards and Merrill+. I called the Preferred Rewards line and was transferred to a credit analyst. Eventually was approved with credit limit reallocations. No income questions from analyst. They pulled Experian, 826. LOL/24 applications. Card is being expedited to my address. Total time on the phone, less than 15 minutes.

  44. Anthony says:

    Automatically approved. $5000 limit. BoA member for 10 years. Just received Travel Rewards card with $3000 CL today. Credit score is a paltry 669 on experian (as I just got the first card today, I know that’s what they see).

  45. Robert says:

    Applied and denied, waiting on letter but probably due to having 4 cards already. At least this gives me a free copy of the credit report post equifax hack. I didn’t figure I would get approved but thought it was worth a try. Will probably cancel my Alaska cards and try again in a few months if bonus still around.

  46. Dusty says:

    App went pending this morning, then denied this afternoon when I checked. Approved for second M+ last week, and first M+ in June, and an Alaska Biz in February. $78k income, score at ~740. No HP for this application, they must have used the M+ HP. Will update when I call recon later.

  47. Fred says:

    My DP:

    Just applied over the phone and instantly approved for 20K+..

    Choose to call for operator to assist in case app. goes pending…

    Operator told me during call that “there is no such thing as 4 BOA cards limit.”

    My profile:
    Preferred Rewards Platinum
    5 existing cards with BOA (2 Alaska pers.1 Merrill+, 1 Travel Rewards, 1 Alaska Biz…)

    • John says:

      Fred: Trying to make sense of recent data points. How many of your 5 existing BOA cards were applied for / approved in the past 12 months / 24 months?

      • Fred says:


        3 (1 Merrill+, 1 Biz and 1 Alaska personal) between Feb-Jun 2017.

        BOA customer since 90’s, I have strangely never denied for a BOA card (even back when I was going hard i.e 4 Apps every ~7 months..)

        OTOH wifey and me are banned by City/Barclay for 2 years now, instant denials or for the later, account cancelled after Arrival+ approval and card received last June. Did one purchase at Dunkin Donuts then account suspended…Oh well!!!!

        Oh yeah..didn’t bother with credit limit, etc…as read on FT

  48. Arash says:

    Called in and requested my Travel rewards card to be converted into this one
    Was told product change to this card is not possible…

  49. SamSimon says:

    Hey, I never had annual fee cards, questions:
    1. When and how do they charge it?
    2. Can I spend this $3,000 within let’s say 2 weeks, get my bonus, cancel, and get annual fee refunded?
    Just theory, I don’t think I will do it….

  50. JB says:

    Denied immediately on application, also told there was no chance of approval from two different reps. “Client already has sufficient accounts.” Currently at 6/12 and 6/24, including two BoA cards opened in May 2017.

    The first rep said I might have better luck if I waited until 6 months after my last cards were opened to reapply / reconsider (assuming she meant BoA cards only).

  51. Ignatius Crumwort says:

    Denied online – 3 BoA cards within last year, 2 actively used with M+ sitting there unused. No other recent card apps anywhere. Top tier rewards member, relationship since 1994. $56,000 total limit among the existing cards, from which I use about $3K. Experian 824. Need to call tomorrow during bankers hours to see what’s going on.

    By the way, this site rocks!

    • Ignatius Crumwort says:

      Talked to a credit analyst; I was denied because I already have 3 BOA cards, and that is now their limit. Closing one or shifting credit limits would make no difference – they count the number of approved applications. He said the limit is 3 in 12 months, and 4 in 24 months. He gave me the date in February when I should apply if I want to be approved.

  52. PT says:

    Approved instantly for $12K

    Based on stats below, it seems if you were light on apps the last 6 & 12 mo you are OK

    10/24, 3/12 & 0/6
    5-6 inquiries per credit bureau

    2 BofA cards (Cash Rewards, Merrill+) – hardly used, $19K combined, (15 mo, 9 mo since opening)
    Only have BofA savings acct with small amount (less than 1 yr old)

  53. Dennis says:

    Saw some rumors that BoA won’t approve you for this card if you have opened more than 2 cards with them in last 12 months. Applied today and was instantly approved for $21K and this was my 3rd card in last 10 months and 4th in last 13. They used a HP from 2 weeks ago from a Merrill Lynch+ CLI approval as I have all on ice now due to Equifax hack. I have no checking/saving or investment accounts with BoA

  54. BOA application DOA says:

    Denied instantly. First time in my life I’ve ever been denied a card. Even with a 25 year credit history without a single late payment and all 3 credit scores in low to mid 800s. Always pay bills in full on time; higher than average salary; good liquid assets; own house and 2 cars; low (2%) utilization rate. Never had any banking relationship with BoA and was trying to diversify; this was their first (and perhaps only) chance to get me as a customer, but they evidently didn’t want it. I assume they think I have too many recent cards (6/12 and 7/24). I considered calling recon line, but all the other posts here suggest it would just be a waste of time. I guess I’ll let AmEx and Chase continue to get the bulk of my merchant fees. Fine with me because the regular point structure and value of Sapphire Reserve and AmEx Plat is so much more lucrative than this cards. Not sour grapes, just basic math.

    • Ferris says:

      Don’t kid yourself that they need your business. You are obviously intelligent and making money off the big banks. They don’t see you as a profitable customer and as such denied you. Churning will continue to tighten until we have a recession and they are desperate for customers again. Just a business cycle. Our time will come again.

      • BOA application DOA says:

        Fair enough. I understand that but am also keeping in mind that this card is different in one important respect: elevated tiers of earning based on assets held with BoA. Currently, my checking, savings, retirement, investment, and installment accounts are all with banks from whom I have no credit cards. If I had found this card and this card particularly useful and its customer service particularly helpful, it might have been the impetus for moving some (or all) of those accounts to a bank where it would be more mutually advantageous. I might even have considered abandoning the CSR for this card if the math had worked out. Now I’m far less inclined to let BoA see any of that business, which they could have initiated with a minimal investment with an ultra-low-risk client.

        For what it’s worth, another unique factor in my situation is the fact that I live within eyesight of the BoA headquarters, in a city where you would think they would be especially eager to establish good relationships. Their name is on everything in this city…except my money. There is a fair chance now that when I buy my next house, it will be even closer to the BoA HQ yet serviced by a mortgage from a non-BoA institution.

  55. Mike L says:

    Is having a BoA account a prerequisite for this card? I might be missing something, but it’s looking like all of the approval DPs had a preexisting relationship with BoA.

    • Not a requirement, but seems to help.

      • Mike L says:

        It was stupid of them not to say that if that’s the case… At least US Bank was honest about it when they released their premium card. I could see this going to a class action if they failed to add that and then did hard pulls on all of the applicants credit, knowing full well they were not going to approve them if they had no other accounts with them.

        • I don’t think so much it’s an issue of nobody getting an approval if they don’t have a deposit account, just more that it helps get an instant approval if you do. Either way it’s pure speculation at this stage.

  56. JimT says:


    An algebraic analysis of this card would help your readers understand the impact of the annual fee, annual spend, point value, percent annual spend on dining/travel, and the preferred rewards earning rate on the net return of this card compared to the no annual fee Citibank Double Cash and the B of A Travel Rewards credit card. The techniques are also applicable to other cards such as the AMEX 5% Blue Cash card I have used for many years. If you would like some help with the math and the resulting observations, I would be willing to collaborate with you on the article. This type of analysis would only be feasible with a website not posting affiliate links since banks will likely not want this level of detail readily available to the public.

  57. Norm says:

    This card appears in my customized (pre-approved?) offers. Any DPs of denials for folks who applied through the customized offers link? I want to apply but am worried about too many recent inquiries.

    • Let us know if you decide to apply

      • Norm says:

        Applied via link in my customized offers. Went into review (so not instantly denied) and then denied four days later. I am awaiting the letter, but assume it’s because of too many recent inquiries at banks outside of BofA.

    • Doodums says:

      It was in my “customized offers” too; I don’t think that’s anything special though. I applied and got pending. I was pending then denied the M+ just days ago.

    • P says:

      Those offers seems to be useless. I was seeing an offer for Alaska Business card a couple months ago, applied, and denied. The offer disappeared to and then came back the following day and it’s still showing there. Click and bait, BofA.

  58. jf says:

    or call in asking questions about things they could find the answers to, which in turn draws unnecessary attention to whatever issue at hand. I guess calling in about a hard inquiry is ok, but I really don’t see BoA caring so much about high inqs unless you’re new. Now if you’re new, good luck. Heck I had to have a cosigner on my first card with them. Was I mad? At first yes! I had waited what felt like an eternity to get my beloved amtrak guest rewards card since it was nerfed by chase and unavailable for signup. Started at 1400 CL, highest APR, and within 6 months it was no longer a joint account, after a year is at a much worthy limit and half the APR it once was. As a person who got the Better Balance Rewards card literally 1 week after it was discontinued, on top of two merril+ cards spread 8 months apart, and used for expense tracking, I am elated, and not frustrated that I’d probably get denied for this card. As much as I would like to, I’m not going to close one of the m+ cards until they are well over a year old. It would be at that point, I would love to have my 1 Amtrak, 1 BBR, 1 Alaska, and 1 Premier. But then again this sounds like some type of respectful churning post. After seeing barclays impose some 6/24 rule and everything else…. I guess its best to go slow and steady, but certainly don’t miss opportunities. TLDR, if you are already established with BOA, and have room, why not go for it.

    The whole preferred rewards thing is nice too if you are eligible. But I think I could get a higher return at credit unions…

  59. The Detective says:

    Instant denial. Got the alert from EX about an inquiry being blocked so they did attempt a HP. Was just trying to see if they would approve with SP (First 2 cards were somehow approved with a pre-approval + 2nd SP – Alaska was a HP).

  60. Mike says:

    My wife card showed up online and has request a credit increase under it. Her limit is 21k. If she pressed her luck, will it run another hard pull?

  61. Mike says:

    My wife card showed up online and has request a credit increase under it. Her limit is 21k. If she pressed her luck, will it run another hard pull?

    • Klad says:

      They generally use EX for new apps and TU for CLIs.. I personally do not have experience on this as when I applied for my first M+ I froze EX and let them pull TU, next day requested CLI on existing Cash Rewards and no hard pull was done.. so I think if they pulled EX for her, there may be another pull on TU for CLI request

  62. John555 says:

    BoA has cracked down on recent inquiries and accounts both open and closed in the past year. 250k+ with them, one current card, 12/24 and hard decline on recon x2. Refuse to re-allocate credit. Will be calling wealth services and seeing if that gets me anywhere.

    • SamSimon says:

      I always was curious people with high total credit limit (with all credit cards combined) do they utilize the cards? can you tell me the monthly percentage that you utilize from your total credit limit (what’s your total credit limit)? thanks

    • JB says:

      It makes you wonder if the various parts of BoA even talk to one another. So the credit card underwriting team is willing to lose a $250K account over a $500 credit card bonus?

  63. Klad says:

    Did anyone apply for this one after recently applying for M+? I applied for my second M+ last week and want to make sure if they will use the EX pull..

  64. Klad says:

    Did anyone apply for this one after recently applying for M+? I applied for my second M+ last week and want to make sure if they will use the EX pull..

  65. Jason says:

    Got Declined for this stupid card.8/24 for me.Called RECON said too many new accounts.Talked their Supervisor still sameNever denied a credit card in my whole life. Scraw them.Never apply again.

  66. Peter says:

    I’m Platinum Honors, and I already have a TravelRewards card, 2 CashRewards cards, a Merrill+, and 3 BoA business cards. My application went into review, so I called Recon, and they were able to approve it by allocating credit from my Merrill+ card, which I don’t use anyway. I got the Merrill+ when my old Accolades Amex was converted. I’m only 2/24, so maybe that’s why I didn’t get a flat out denial.

  67. Jason says:

    Got Declined too. Same reason with previous Jason , too many new accounts

  68. Jay says:

    Instantly approved with 17K. 11/24, BoA customer for 15+years with Savings\Checking\Edge account.

  69. John says:

    Did anyone who got an expedited request receive confirmation or an alert that with a tracking number?

  70. Phil says:

    I received the card today after approval and an expedited shipping request both made on Monday. The card is NOT metal and is in fact one of the lightest cards I’ve held – it feels cheap, even though the rewards certainly aren’t (for platinum preferred rewards members).

    • John says:

      Thanks, did you get any type of shipping confirmation or tracking number? I put in a request for it to be expedited and want to know if I’ll receive it before a weekend trip.

    • Rebekka says:

      I got mine today as well. It is definitely the lightest card I have. It’s pretty chintzy, in my opinion. I think they could’ve done a lot better.

  71. mark says:

    what are the chances of getting this card if the recent ML card application was denied by saying too many inquiries and not enough credit history. Both of the cards are offered by the same bank so I assume the same fate?

    Note: I have had 2-3 ML cards in last six months.

  72. YRK says:

    Anyone know if it earns 10% bonus on being a checking/saving customer (not preferred)

    • MoreSun says:

      DoC covers that in this post under the heading “Preferred Rewards”….

    • PT says:

      I looked at the rewards guide for this card this morning after my card showed up in online acct and unfortunately it does NOT mention a 10% bonus option like with Cash Rewards card. It starts only with 25% level Preferred Rewards.

      It remains to be seen if there is an undocumented 10% for people with basic BofA acct and balance.

      • YRK says:

        @pt I was looking at comparison of 123 cash and this on bofa official website, and it didn’t specify 10% on this but clearly did on the 123 card.
        Sadly seems to be not the case for premium card

  73. PT says:

    I applied on Monday (instant approval), but my card just showed up on my online BofA account after a full 36 hours. Anyone else have this long of a delay? I think Merrill+ only took a couple hours to show.

    I logged in again 15 min later & the card disappeared. This could just be middle of night IT updates.

  74. Jessica says:

    Applied on Monday morning, called Monday afternoon for an update, rep said just wait.
    Checked online this morning, application was approved, called 800-667-9687 to have the card expedited.
    Rep said the application was actually approved on Monday and it’s being shipped today, card will arrive tomorrow.

    I wonder when the account will show up online. Rep said it was approved on Monday but I still don’t see it.

  75. D says:

    Instant denial. Called back in and got credit analyst to approve by moving credit from another BofA card. Told I have too many new accounts. I concur with what others are saying. I think BofA rolled out stricter rules on this card.

  76. Mr G says:

    Still waiting for my card to show up. Should be tomorrow. They overnighted me the Approval Letter which just arrived. ¯\_(ツ)_/¯

    I was just thinking if the Priority Pass $99 annual fee might qualify for the travel incidentals credit. Might be willing to give this a shot when the card arrives.

    • Mr G says:

      Replying to myself. And I just saw you have to spend $249 to get 10 passes. The $99 AF only buys you access to Priority Pass and you still have to pay $27 for each visit.

    • Peter says:

      I applied early Tuesday afternoon and was approved after re-allocating credit from another card. I asked for the card to be sent overnight, since I’m heading out of the country next Monday morning. I just called (Wed evening), and they said it looks like it should arrive on Friday, which makes me a bit nervous. That doesn’t sound like overnight to me. They also mentioned that it was coming via USPS, so I suppose that means if it doesn’t arrive by Friday, there’s a chance I’ll get it Saturday.

  77. tinker25 says:

    just applied instant approval. have 3 BoA cards, Alaska >1yr, 2 M+, 6 mth apart. Should I try another BoA card for the same day HP? Which one to try?

  78. MarcoPolo says:

    Is there a dedicated post somewhere here how to use “$100 Airline Incidental Statement Credit” buying gift cards.

    • D says:

      Exactly. I just came to this site for that exact reason. I might not have direct airline fees this year. If there is an alternative. I’d love to know about it.

    • Not yet, once we have datapoints we will add them to this post or make a separate post. Card is still too new for any DP

    • PT says:

      Maybe this will help you figure out what qualifies? This is from the terms

      Eligible travel expenses that qualify for the
      Airline Incidental Credit must appear under
      one of the following Airline MCC codes:
      3000, 3001, 3057, 3058, 3063, 3066,
      3132, 3174, 3196 or 3256.

      • madage says:

        Those MCC codes appear to be generic codes for specific airlines. This will be interesting to test.

        • Peter says:

          When you buy an airline ticket, the passenger name, departure date, and airport codes usually get sent to the credit card issuer. I bet they will give you a credit for any charge by a domestic airline that is missing that info as long as the dollar amount is reasonable, similar to the way Amex classifies it.

        • PT says:

          Here is more detail on the MCC codes

          3000 United Airlines
          3001 American Airlines
          3057 Eastwest Airlines (Australia)
          3058 Delta
          3063 US Air (American Airlines)
          3066 Southwest
          3132 Frontier Airlines
          3174 JetBlue Airlines
          3196 Hawaiian Air
          3256 Alaska Airlines

  79. Mike says:

    Anyone applied for the M+ last week with EX on freeze? I’m contemplating on apping for this card but want to make sure they use my TU report. After I got approved for the M+ I unfroze EX.

  80. tinker25 says:

    called, expedite the card cost $15, were you guys informed about this?

    • Peter says:

      The rep didn’t mention any charge to expedite. I’ve had them expedite cards to me in the past and never had to pay. Maybe they waive the fee if you’re Platinum Honors or at least part of Preferred Rewards.

    • Klad says:

      Had both my M+ expedited with them in past 2 months and was never charged.. Not a PR member yet but have Checking/Savings with them.. My roomies, on the other hand were asked 15$ fee, they do not have any prior relationship with BOA

      I would say try a different rep

  81. Mr G says:

    Card arrived this morning. Christmas trip booked. Over half way there to minimum spend.

  82. tribeman55 says:

    Can you have them pull TU or EQ for this one if you freeze EX?

  83. tribesman55 says:

    I just got a Fedex delivery notice, is that what BofA is using for expediting the cards?

  84. YRK says:

    Applied and approved for my largest CL 10k. 5/24 and 1/6 before this. Non preferred member having checking, saving and cc already with bofa.
    Oddly enough my 1st card is with them and still at 2k CL

  85. Jags says:

    Got my denial letter in the mail. Exactly what recon rep told me:

    “We could not approve your request because you have recently opened too many accounts. We invite you to reapply in the future when your credit and/or financial information changes.”

    The credit score referenced in the letter was 771.

  86. tribesman55 says:

    My wife froze her EX and applied / approved for the Merrill on 9/14 with them pulling EQ, if she applies for the Premium card will they use the same EQ pull or pull her EX anew since she has unfrozen it?

  87. Ted says:

    Before applying for M+ in Aug last month, I had trimmed down total BOA cards from 6 to 3 and was approved for M+. M+ became my 4th card.

    I applied on Monday for the Premium Rewards, got the “sufficient number of accounts with us and/or affiliates” denial despite numerous recon attempts. The reason on the surface didn’t make sense to me since I just had 6 a month ago, and yes I’m aware that some people had their account count trimmed to 4 involuntarily, but that didn’t stop me from trying.

    Finally, got some information from someone at the “Preferred credit team” after calling 1800-667-9687

    1) There is a 3 approved BOA cards every 12 months and 4 approved BOA cards every 24 months rule, so 3/12 and 4/24. Though not entirely sure if this applies only when applying for Premium Rewards card or when applying for all BOA cards now.

    2) You can have the Premium rewards card once every 24 months starting from the approved date.

    3) If you have a “joint-applicant” on the Premium rewards card, that joint person cannot have their own Premium rewards card for 24 months.

    4) At the end of 24 months, doesn’t matter if the previous one is still open or closed, you can apply again.

    Though I understand this is just one rep’s words.

    My August application made me hit the 3/12 ceiling, so there may be some truth to that, he suggested I applied again in December.

    But then, I would’ve hit the 4/24 ceiling for my August application but got approved instead, so possible explanations are:
    1) Timing: two of my 4/24 applications were on 8/28/2015, my Aug 2017 M+ app was on 8/16/2017. Close enough?
    2) Perhaps the 4/24 only applies to the Premium card?
    3) Rep got it all wrong?

    Anyone hear anything similar?

    • john555 says:

      Yup, essentially what I was told. Their loss, moving out 250k+ back to schwab.

    • JB says:

      I wonder if there is also a 2/6 rule, as BoA has flatly refused to give me a 3rd card after I got a Travel Rewards and Cash Rewards in May. One recon rep did say I might have better luck if I waited for 6 months before applying for another card.

  88. Sam says:

    3000 United Airlines
    3001 American Airlines
    3057 Eastwest Airlines (Australia)
    3058 Delta
    3063 US Air (American Airlines)
    3066 Southwest
    3132 Frontier Airlines
    3174 JetBlue Airlines
    3196 Hawaiian Air
    3256 Alaska Airlines

    Waiting for data points to see if airlines gift card gets the $100 credit. I think it will be coded as per above.

  89. Darvin Ray says:

    Just an DP update: Themeparks count as travel.
    I purchased a Universal Orlando Annual Pass and it codes as 2x points earned.

    “Transaction Category: Shopping & Entertainment: Entertainment.”

    • Darvin Ray says:

      Finally! A useful rewards card for themeparks & tourist sites outside of USA. I hate it when I visit castles and it doesn’t count as travel on most credit cards.

  90. Kelly says:

    Instant denial
    825 Credit Score
    Current number of BofA cards: 1 Alaska Airlines card 6/2017
    Total number of cards: 3/12 and 8/24
    Tried for regular BofA Travel Rewards to get something out of that credit pull and am ‘pending’.

  91. flyerfyer77 says:

    Is BOA expediting all cards or are the data points above from people that called in to have it expedited?

  92. Jan Gradowitz says:

    I’ve never had a BA card getting all points thru Chase or Citi. Are these point only useful through BA travel site only and if so, are they comparative to Chase/Citi points?

  93. Rab says:

    Got approved for this card.
    Some details now:

    I got approved for my 2nd M+ on 9/9. They used the same report for this card too.
    I am 3/6, 5/12 and 6/24.
    Bofa customer for the past 5 years.

  94. SamSimon says:

    PLEASE who applied for Merrill Lynch Card recently then applied for any other Bank of America credit card – reply if you have new pull or they used your old pull within 30 days of your first application?
    Banker said Merrill Lynch is different then BofA cards, and they will do new pull for “regular” Banks of America cards
    thanks a lot!

    • SamSimon says:

      Called Credit Department – they said don’t listen to bankers or managers they have no clue what they are talking about! They said Merrill Lynch is part of BofA and they will use same credit report within 30 days when applying for new BofA cards! I think I can trust Credit Department more than managers in local branches and bankers!

      As more I know about banks – it’s like a WILD WILD WEST where most of people don’t know anything while working there or telling you lies!!! Always triple check all info!

      • Rab says:

        Sam simon my friend,bofa will use the same report. Read my comment above, just apply for the card and it will not result in a new hp.
        Also take a chill pill

        • SamSimon says:

          Mate, Rab, a chill pill will not help! People in branches have no clue what they doing or talking! They don’t want to find out for you anything, they just lie or make up the answers! Today local branch M&T (banker and manager) told me all promos are dead, and they cannot open account for my friend for her first account with them and to attached the bonus – but I called Customer Service – they said all promos ongoing till October 31. How can I be chill if they are wasting my time…..

      • Mike says:

        My Wife got approved and she already has the request for increase limit. Would they use the same credit pull or use another. They use experian for new accts and I think transunion for limit increases

      • Anthony says:

        I just applied today after being denied a M+ two weeks ago. My EQ hardpull was NOT reused. They pulled TU. (EX frozen since before the M+ application)

        Instant approval.

        Every single thing in this hobby is YMMV and no one, especially bank tellers, has the correct answers for you.

  95. joe says:

    Denied for too many accounts.

    in the last 6 months I have :

    2 New accounts
    2 New AU Accounts

    in the 12 months I have :
    7 new accounts
    2 New AU Accounts.

    I only have the BoA Merril + card with BoA

  96. so-sad says:

    2x denial (myself and spouse)

  97. Mr G says:

    Saw this posted over on FlyerTalk…

    I can confirm that a $50 AA virtual gift card did count for the airline incidental credit.

    (Which didn’t come as a huge surprise since they also trigger Amex’s airline incidental credits.)

    While the credit itself hasn’t shown up on my online activity yet, if you use the BofA app, after selecting the credit card account, you can go to “Premium Rewards Benefits”, and there will be an indicator showing how much of the incidental credit you’ve used for the year. Clicking on “View Activity” will show an itemized list of the transactions that have triggered the credit. For some reason, this feature is not yet active on the BofA web site (it directs you to use the app on the web site).

  98. SamSimon says:


    Alaska Airlines
    “No. Gift certificates are fully transferable, but may not be bartered or sold.”

    United Airlines
    “Gift Certificates are fully transferrable until redeemed. However, Gift Certificates may not be sold by anyone other than United. Any Gift Certificate sold by a party other than United is void, and United reserves the right to take any or all of the following actions in connection with a third-party sale of a Gift Certificate: 1) invalidate the Gift Certificate and associated ticket; 2) cancel any remaining portion of the traveler’s itinerary; 3) refuse to board the traveler or carry the traveler’s baggage; 4) assess the traveler for the actual value of the ticket; 5) delete miles in the traveler’s MileagePlus account or take any other action permitted by the Rules for MileagePlus Program; and 6) take legal action against the traveler or third-party seller of the Gift Certificate.”

    Hawaiian Air
    ???? Didn’t find information regarding selling.

    JetBlue Airlines
    “We apologize for any inconvenience, however we are no longer selling gift cards.”

    “A Southwest gift card may not be resold by any unlicensed vendor under penalty of law; unlawful resale or attempted resale is grounds for seizure and cancellation without compensation.”

    Frontier Airlines
    ???? I didn’t find any gift cards. Seems they no longer sell GC

    American Airlines
    “Gift cards purchased or bartered from sources other than American Airlines-licensed vendors (“Unlicensed Vendors”) are not valid or redeemable. American Airlines is not responsible for honoring a gift card purchased from an Unlicensed Vendor. Gift cards may not be resold by any Unlicensed Vendor or individual under penalty of law. Unlawful resale or attempted resale is grounds for seizure and cancellation without compensation. Please contact American Airlines at 800-677-9555 to obtain a list of American Airlines-licensed vendors prior to purchase.”

    “eGifts and Cards may only be sold by Delta and Delta-licensed vendors. eGifts and Cards that are for sale or sold by an unlicensed vendor are subject to confiscation or voiding by Delta.”

  99. Tom says:

    I’m a platinum honors member and have travel rewards only currently. Planning to apply for the premium rewards card and convert the travel to cash rewards.
    Any cons for doing this?
    For the $100 incidence credit, if I buy the american airlines gift card, how do i resell it if am not planning to use it in the near future?

    • Larry says:

      I have had the Travel Rewards card for a couple of years and got the Premium Rewards card when it first became available. I transferred about 19,000 points from the Travel Rewards account to the Premium Rewards account (which I had set up to automatically transfer to my BofA checking account monthly). At the end of last month, my checking account was credited with $190 and my Premium Rewards points balance went to zero. So, that all works like a charm.

      Having cash at 1 cpp is better than offsetting offsetting travel expenses (at 1 cpp) that have been charged to the card. The only issue (and it’s a minor annoyance) is that, to get the cash, you can write a check or go to a BofA ATM. EFT’ing the money out of the account will incur a charge of at least $3 (depending on how many days you’re willing to wait for the EFT to go through).

      • madage says:

        Yeah, I’m really hoping BoA gets rid of that fee, which most bank don’t charge.

        You can easily “pull” the cash from the BoA account from another bank or credit union that does free transfers, which is what I usually do if I’m not planning to use to pay bills.

  100. Pam says:

    Just got instant approval. I have been a BofA customer for years (10++)… currently have Better Balance CC, Cash Rewards CC, and M+ (got the M+ in April). Three other cards applied for and received this year too. Also have checking acct and mortgage with BofA. Credit score well into the 800s.

  101. calwatch says:

    Instant approval for me. BoA customer for over a decade, but recently started to build a deeper relationship with BoA, by opening a checking account (when the $300 bonus was offered) and Merrill Edge (from the IRA rollover bonus). I was 4/24 for all cards and 3/24 for BoA (Amtrak, Travel Rewards, Merrill+). Travel Rewards was in March and Merrill in July. I also have a Cash Rewards which goes back about 7 years. When I opened Amtrak they cancelled legacy MBNA WorldPoints cards. The credit limit given was high so I wonder what credit limits they’ll cut – probably Merrill would be my guess, although I would not be surprised if they closed my Amtrak card.

    • calwatch says:

      They cut $21,000 from my Travel Rewards (was $52k) and gave it to Premium Rewards. My Merrill Edge stayed at $20k.

      • Scott says:

        I just got my Premium Rewards card today in the mail. I was just transferring the points from my Travel Rewards card and noticed they did the same thing to me. I had just decreased my credit myself about 21 days ago as people suggest with BofA. I had reduced the credit to 12K they took 7k and gave it to the Premium Card and left the Travel with 5K.

  102. Superchurn says:

    Only have 3 TU pulls in the last year. Considering freezing EXP and applying for this card so they have to pull TU.

    Currently have $112k in ML 401k, and a M+, TravelRewards, and Alaska all approved in Feb 2017 with about $62 in combined CL. ($62k CL increase and about $1800 in profit from 1 EXP HP 😀 )

    So many mixed DPs it’s hard to know WTF to do, but I’d relish the chance to relieve BoA of another $500

  103. PT says:

    I was reading the detailed terms that arrived today in the mail for this card because some of this info was not stated elsewhere.

    Benefits clarification:

    1. Emergency Evacuation – $15K; While this is the only currently available card I know of in the $95 card class, it is far short of the $100K coverage on the no-fee Merrill+. Also keep in mind that $15K only acts as secondary to other insurances you have. Note that if a standard ambulance in-town in the USA to go just a few miles is $1800, what would a medical flight (plane or helicopter) cost in a foreign country to get you out of a remote location?

    2. Trip Cancellation/Interruption is stated as $5K per trip and $10K per occurance. This is the same way Chase describes it, where “trip” seems to mean one person’s trip, and “occurance” means the total trip cost for multiple people. However, this is half the coverage of the Chase Sapphire Preferred.

    3. Lost Luggage – Stated as $3K per trip, so unsure if this means per person or not. Competitors all seem to have $3K per passenger, so you would think they would at least match that.

    Aside from the specifics of this card, does anyone find value in any of the full set of travel benefit coverages of the better travel cards? What is the likelihood you will ever use them or have you used them? Are you more likely to make a Travel Delay claim if you fly through snowy parts of the country?

    • Rick H says:

      What are the covered reasons for the trip delay insurance?

      • PT says:

        Trip Delay:

        “Covered Hazards” includes equipment failure, inclement weather, strike, and hijacking/skyjacking. This is delay MORE than 12 hrs due to these reasons. Note that Common Carrier can be land, air, or water conveyance which is great to know! (no limos/taxis or commuter rail/bus, or rental vehicles)

        This is supplemental coverage, which means reasonable expenses during the delay not otherwise covered by your Common Carrier, another party, or primary personal insurance policy, may be reimbursed up to $500 per ticket.

  104. mmprgreen says:

    DP: Was able to transfer points from the BoA Travel Rewards cards to BoA Premium Rewards card and redeem the points for cash.

  105. Joe says:

    Bought $100 southwest gift card. The purchase is confirmed but no indication that it applied for the travel credit

  106. David says:

    rejected because “you have recently opened a revolving credit account and you do not have sufficient installment loans with recent payment history.”

    any advice? should I call recon? is BOA recon tough?

  107. David says:

    also could not find a way to send a secure message via website?

  108. Anthony says:

    I was denied a 2nd M+ two weeks ago for a few reasons. (Sufficient credit extended, etc).

    I had applied with a frozen EX and had them pull EQ.

    I applied for the Premium Rewards card today, hoping they would use the EQ pull on file.

    Instant approval, $17k CL. 0/2, 1/12, 1/24 (Personal BoA cards) and a BoA checking account. They did pull TU… Easy ~$700 in value!

    • Gadget says:

      I was originally approved 15K, then denied my 2nd Merrill+ about two weeks ago… BS letter said sufficient number of accounts w/ BoA.

      When I applied for M+, I had a locked EX, and when I called them back, they pulled TU.

      Yesterday I tried an online app for the Premium Rewards. Online application did not even pull my credit and came up as denied. System could not process my application.

      I am a victim of the 2/3/4 rule. 0/2 (6), 3/3 (12), 4/4 (24). Only 2 of which are still open.

      • Gadget says:

        Breaking news – Tried again and today it gave me an application number. So, I guess I will get an answer one way or another.

  109. FX says:

    Instant approval $15k but they lowered my other BofA credit card limit by 2,000 . 726 with one inquiry only, expedite shipping $15, no checking or savings with them yet.

  110. Thomss says:

    How does the travel insurance and those kind of features compare to the CSR?

    I have a boa tr platinum honors I would like to move this to and my merril+ to cash rewards…

    • PT says:

      CSR vs BPR for travel coverages:

      Lost/Delayed Luggage – similar to BPR

      Trip Cancellation – coverage is twice as high ($10K-20K max) as BPR ($5K-10K max)

      Trip Delay – coverage kicks in at only 6 hrs instead of 12 hrs

      Evacuation – coverage is far higher at $100K vs $15K of BPR

      Auto rental CDW – coverage is primary in USA vs secondary on BPR

      Stuff you know like $300 travel credit, $100 Precheck/Global credit
      Priority Pass lounge access for you & companions

  111. SamSimon says:

    Please support my issue, if you experience it, and maybe fixed it:
    So applied for M+ on September 5, froze Experian, they pulled TransUnion on September 6.
    Applied for Bank of America Premium Rewards on September 24, and now I see on TransUnion second hard pull. Called Bank of America 4 times today, they are saying they don’t see the second HARD pull, they are saying they used for second application the same report (same hard pull) for M+ dated September 6. They don’t see any other inquiries under my account. Only one hard pull. But TransUnion just sent me new updated report with 2 HARD pulls from BofA.

    I just got letter from BofA that my Rewards card is approved dated September 29, but mentioned that they used report from September 6th….

    Something is going on with BofA IT – technical support…..

    In order to dispute the hard pull with TransUnion they said, ONLY WAY IS – I need the letter from Bank of America stating they didn’t initiate second HARD pull. But BofA stating they don’t see anything in their system so they cannot write me a letter because there is nothing on their end….

    • tribesman55 says:

      If they moved credit to approve you then that’s why they pulled TU a second time, there is nothing you can say or do to make them remove it. Same thing happened to me. Hard inquiries are overrated anyway.

      • SamSimon says:

        tribesman55, OMG, now it makes some sense. How did you figure it out? They moved credit from M+ to Reward card. Not even supervisor mentioned why there is possibility for second hard pull. Funny thing they don’t see second hard pull on their end, and they cannot explain why this hard pull was initiated but you explained it. Even so, I got no idea why they don’t see it on their end…. I lost 7 points on my records, and the only reason I applied for Reward card within 30 days of my first application for M+ so I won’t get second hard pull.
        Funny thing they moved $3,000 from M+ (now it has $5,000, used to be $8,000) to approve me for Reward card with balance of $10,000
        Why do they do this moves? Why not just give me new Reward card with $7,000 limit… they just wasting my hard pull…

        • NBG says:

          so the 2nd pull happened for the move – is that pull for the M+ move out or the Rewards card move into?. The reason i am asking is when i applied for the M+, move happened from my other card, but there was no second pull.
          Forgive me if i got all this wrong.

          • SamSimon says:

            “is that pull for the M+ move out or the Rewards card move into?” In my case as I said, they moved from M+ to Rewards card. They should not initiate any Hard Pull because they have my M+ records within 30 days. I guess the hard pull is to move IN into Rewards. I still cannot understand what they are doing…

  112. Deborah says:

    Another sad DP. Platinum Preferred, FICO > 800; denied online and through Preferred credit analyst, because Merrill and Amtrak November 2016 and the Cash Rewards July 2017. Rep said that the 3/12 requirement is for “this premium product”, but I didn’t ask whether it was for all their products. Said I could apply again 12 months after either of the November card anniversaries. (Still kicking myself because I missed the Amtrak bonus by inadvertently including the annual fee in the minimum spend…don’t do what I did…not that any of you would :))

  113. madage says:

    Tried $50 Delta eGC for travel credit. Charge description is “DELTA AIR Gift Card DELTA.COM CA”. Does not show toward annual $100 credit in app. It was worth a shot.

  114. gary says:

    DP: got an $100 egiftcard with AA counted toward travel credit took a week for the credit to post but showed the day after it posted on BOA tracker as counting

  115. PJ says:

    DP: Applied in branch after opening a $300 targeted Core Checking. Went pending 12/24, 7/12- 777 score. Called recon who advised max credit already extended but didn’t allow me to move credit? 21k over 3 cards. Lowered the limit on two cards and called recon again the following day. Approved for 5k!

  116. Norm says:

    Has anyone who applied for this card and was denied because of “too many new accounts/inquiries” had success in applying for a different BofA card using the same pull? I was declined for this card (likely because of too many new accounts – but still waiting on the letter) and wanted to apply for the Alaska Airlines card so as not to waste the new inquiry.

  117. Hugh says:

    Has it been confirmed that these points can be transferred TO your AAA credit card?

    That would be huge! 50,000 points gets you a $700 AAA travel voucher with the BOA AAA card.

  118. SamSimon says:

    So I think it’s wise to reduce credit limit on one card, for example, from $12,000 to $5,000 before applying for a new different card within same bank. Why would you want to do so? They will approve you without saying that you have high credit limit with them already. And to avoid additional credit pull from old card, or the push to new card when they will relocate the credit on their own. For example, from old card, with $12,000, moving $5,000 to new card to approve you… many people see second pull for this reason.

  119. MarcoPolo says:

    If I buy an AA eGift Card using this card and receive $100 Travel Credit – will this $100 purchase count towards the $3000/3 month spend towards getting 50,000 points?

  120. Laurence R Hughes says:

    Does this card offer refer-a-friend bonuses?

  121. Any idea if I can get the 75% platinum honors bonus applied to purchases made before I reach platinum honors status? I should be at platinum honors in 6 months, and I’ve read that with the BoA cash rewards card that you can simply wait to redeem until you hit platinum honors.

  122. Tom says:

    Anybody know if Socal metrolink (not LA metro) ticket price counts as “travel’ category?

  123. Gerhardt says:

    I have a story that some may find relevant and helpful here. Americard 2012 (5K CL), AS (5K CL) and M+ (6.5KCL) in April 2017, AS Biz (1.5 CL with CD) July 2017. 70K reported income and no restrictions based upon new BoA rules (although I am lol/24). I applied and went pending 10/12. No HP at time, checked the status page and declined with HP on 10/16. Called recon, was told that reason was for “enough credit already extended” after she reopened. I asked to reallocate, CSR said the system does it automatically, no way to do manual. Thanked her, figured she was wrong, and called 10/18. This CSR gave same reasoning about “enough credit”. After the CSR put me on a hold, he came back and said that his supervisor told him this card must be approved outright with at least a 5K CL, there is no way to reallocate in order to be approved. Thanked him and hung up. Called and lowered CL on AS card to 500 and Americard to 4K. Called recon 10/19, (without mentioning any of previous items) and approved for 14K, much more than the amount I lowered. Not sure how the system justified this, but seems to be that if repeated denials, moving credit can help to generate an approval. Hope this is helpful!

    • Meg says:

      They were misinformed. Husband was denied. He called and they moved credit around while he was on the call and approved him.

    • JB says:

      I’m glad you were approved – but that is so damn annoying! I called recon twice today (two different numbers) and they were certain that moving / lowering credit limits would not do any good.

      Also, I have already lowered my credit limit on my two current BoA cards by $6K each which didn’t help, and I don’t want to lower them any further since i use these cards all the time.

  124. dizzy says:

    TU score 725, Experian 710. Auto-denied today tho it came up when I logged in and checked if I was “pre-approved” for anything. I’m 9/24, only 1 BOA card ever, that was 1 yr 8 mo ago. Guessing it’s too many recent apps (I did a 4 card AoR 8 mo ago)? Otherwise maybe it’s lowish income @ 35k.

  125. gene says:

    any way around $95 first year fee? Thanks

  126. Tom says:

    I’m a BOA platinum honors member having a travel rewards card, which is also my oldest credit card. Planning to apply for the premium rewards card and convert this travel rewards into cash rewards card (to retail history).

    Thinking of buying AA giftcards every year to get the $100 incidental charge and planning to sell the gc’s in marketplace. I will lose $15 dollars by doing this with a net loss of $10 as the annual fee is $95.

    Hoping to more than cover this loss by
    Additional cashback in gas and grocery in Cash rewards card
    Additional cashback in Travel and Dining in Premium rewards card.

    I do international travel yearly for atleast $5K and also travel on local trains.

    Any points to consider before I apply?


  127. Tom says:

    Thought I add a positive DP
    Applied 10/30 pending review
    Approved 11/2, did not call recon
    For BoA I’m at 0\2, 0\12, 2\24 included two MLB cards from 6/16
    Overall I’m at 10\24
    Experion 824
    BoA Checking opened for bonus this year 6/17
    DoC rocks

  128. Howie N. says:

    Applied and approved for the card. This is my first BofA credit card and currently at 14/24.

    Hawaii – TU pulled (yay).

  129. SamSimon says:

    “Travel Incidental Credit – every calendar year” meaning if I used it in December 2017, I can get $100 Travel Incidental Credit in January 2018 again?

  130. Chris says:

    William – I can confirm that the 50k sign up bonus for Merrill+ is expired. I called BofA/Merrill twice today and both CSRs told me that the promotion code BAABZX is no longer available.

  131. GPO says:

    I thought this one was going to make to Best Credit Cards For Every Day Purchases.

  132. Kimillionaire says:

    If you’re wondering when the bonus posts, according to the terms and conditions “Allow 8-12 weeks from qualifying for the bonus points to post to your rewards balance.”

  133. Jimmy G says:

    Applied 11/10. Denied. Called recon; rep said denied for too many new accounts. Rep also said I had 816 score when they pulled it. 6/12, 12/24 (1/24 w/ BofA).

    Received letter today that said ‘recently opened too many accounts’.

  134. SamSimon says:

    Friend application – Denied even after recon call
    EX frozen – didn’t get approval online, got a call, asked to pull from TU.
    They said: 1. You have already sufficient amount line extended with us. 2. You have to many inquires. 3. You don’t have sufficient credit history with us.
    3/6, 7/12, 10/24

    Cards on hands:
    9/24 total accounts – 5 closed around 6 months ago. Recent approved cards within 2/6, 4/12, 9/24
    4 accounts opened
    have $7,000 right now Merrill Lynch + (only ever card with bank of america) – opened 4 months ago.

  135. Brian C says:

    Anyone else planning to apply in early December to tripple dip on the travel incidental?

    • Redacted says:

      I just applied and am hoping to do that – I would have thought December would be a bit late with possible delays in credit review and getting the card and setting your airline preference.

      Is it clear which airlines will very safely allow you to buy a gift card & get the credit?

      • Brian C says:

        If you apply in November how can you tripple dip in to January 2019? You would have to close the account December 2018

        • Redacted says:

          I guess I’m hoping that between some delay in getting approved, however many days it takes for the annual fee to hit, and then however many days (30? 60?) I have to cancel after the annual fee … that it would work out OK.

          But tbh I’m more interested in getting the benefit now, since I may well be keeping the card more than 13 months, and anyway I’m leaving the country December 6 so I couldn’t really apply in December.

          I’ll come back and post (assuming I get approved) on whether the statement date looks like it will work for a triple dip…

  136. Dan says:

    Approved, much higher credit limit than I usually get.. weird

  137. Dan says:

    I wanted the card expedited to use for purchases next week.. they gave me a bunch of weird answers but then said they would do it for $15 fee.. I agreed to it though hoping to reverse the fee later.

  138. Redacted says:

    Checked the status site and saw I’m approved, called the preferred line to request expedited delivery. Much confusion ensued. They said the account doesn’t exist yet and to call back when I see it in my online login. I asked if they could put a note on my file to expedite delivery and she said she surely would, but that I needed to call back anyway.

  139. Justin says:

    Got the card earlier this month. Paid Global Entry two weeks ago. Anyone knows how soon the credit will post? I also bought a AA giftcard and get 100 credit “CARD TRAVEL CREDIT THANK YOU”. I assume it is for the AA giftcard. It is, right? Would like to confirm that if anyone else already get the Global Entry credit.

    Thanks a lot.

  140. SamSimon says:

    “Annual fee of $95” I never had Annual fee card. who can tell me do they charge fee per calendar year, meaning every calendar year? Or after each 365 days fee was charged?

  141. Tom says:

    Is there any difference in the “travel category” classification between this premium rewards card and travel rewards card?

  142. Charles says:

    Declined and declined on recon – though the lady was nice. She did take time to review the application again after I verified income information, but she said too many new accounts. I was at 8/12.

  143. JF says:

    I got declined immediately, then called by a CSR saying they couldn’t access my credit report (EXP frozen).

    He pulled my TU report and denied me based on too many new accounts in the last 6 months (I’m 9/6). That was my first ever denial, can’t lie it hurt a little bit. He mentioned I’d need to let my new accounts age 6 months to a year before they’d be able to approve.

  144. Lisa says:

    I got instantly denied too. Recon didn’t help said credit history too short (2 years). Have 2 boa cards already. But was able to get my travel rewards credit limit increased from 3k to 10k using the same credit pull (maybe should have given her a higher number).

    That was my first card and stuck at 3k. I needed higher credit line so the card is more useful but didn’t want to waste a hard pull on cli. But got the same result anyway.

    I was approved a week ago for 2 chase cards (not on my credit report yet). Have 3 chase cards now all from this year.

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