The Bank of America Premium Rewards and Costco Anywhere Visa are closely matched. Bank of America Premium Rewards wins on 2 categories (60,000 pts signup bonus); Costco Anywhere Visa wins on 2 (no current bonus). The better pick depends on your spending patterns.
Bank of America Premium Rewards vs Costco Anywhere Visa
Side-by-side comparison of fees, rewards, benefits, and transfer partners.
Which Card Comes Out Ahead?
Bank of America Premium Rewards and Costco Anywhere Visa are close enough that the better pick depends on where you spend most, how much value you get from perks, and whether you prefer one rewards ecosystem over the other.
Best if your main priority is the larger current welcome offer.
Best if you care most about stronger category earning on everyday spend.
Comparison Method
CardCurator compares measurable differences first: annual fee, current welcome offer, top-end earning, and recurring credits. If the cards are close, the right answer depends on spending pattern and perk usage rather than headline prestige.
- Travel 2x
- Dining 2x
- All Other Purchases 1.5x
- Gas at Costco 5x
- Eligible Gas and EV Charging 4x
- Restaurants 3x
- Airline Incidental Credit $100
- TSA PreCheck / Global Entry $100
- Costco Membership $65
Quick summary
A short version of the comparison with the main differences at a glance.
The Bank of America Premium Rewards and Costco Anywhere Visa are closely matched. Bank of America Premium Rewards wins on 2 categories (60,000 pts signup bonus); Costco Anywhere Visa wins on 2 (no current bonus). The better pick depends on your spending patterns. On raw upside, Bank of America Premium Rewards tops out at 2x versus 5x for Costco Anywhere Visa. Current signup bonus values are roughly $600 for Bank of America Premium Rewards and $0 for Costco Anywhere Visa. Updated June 4, 2026. Source: https://cardcurator.ai/compare/bank-of-america-premium-rewards-vs-costco-anywhere-visa
- Bank of America Premium Rewards wins 2 of 4 comparison categories in CardCurator's quick verdict model.
- Top earn rate: Bank of America Premium Rewards reaches 2x; Costco Anywhere Visa reaches 5x.
- Annual fee: Bank of America Premium Rewards is $95/yr; Costco Anywhere Visa is no annual fee.
- Current public bonus values are approximately $600 and $0.
Common Questions: Bank of America Premium Rewards vs Costco Anywhere Visa
Is the Bank of America Premium Rewards or Costco Anywhere Visa better for dining?
Bank of America Premium Rewards earns 2x on dining; Costco Anywhere Visa earns 3x on dining. Costco Anywhere Visa wins for dining.
Which has the higher signup bonus in 2026?
Bank of America Premium Rewards currently offers 60,000 pts signup bonus (spend $4,000 in 3 months). Costco Anywhere Visa offers no current bonus. Bank of America Premium Rewards has the larger bonus.
Which card is better for international travel?
Both cards charge no foreign transaction fees, making either a solid choice for international travel.
Can I hold both the Bank of America Premium Rewards and the Costco Anywhere Visa?
In most cases yes — holding both is allowed and can be a smart strategy for maximizing rewards across different spending categories. Bank of America Premium Rewards is from Bank of America and Costco Anywhere Visa is from Citi, so they're governed by separate bank policies.
Keep Researching
If this matchup is close, the stronger next step is usually to read the full card reviews or use a broader ranking page instead of comparing random pairs one by one.