Card Comparison
Bank of America Premium Rewards vs Platinum
Side-by-side comparison of fees, rewards, benefits, and transfer partners.
Annual Fee
$95/yr
No annual fee
Foreign Fees
None
None
Signup Bonus
60,000 points
Spend $4,000 in 3 months
None
Top Earn Rates
- Travel 2x
- Dining 2x
- All Other Purchases 1.5x
- All Purchases 1x
Reward Type
miles
credit building
Key Credits
- Airline Incidental Credit $100
- TSA PreCheck / Global Entry $100
None
Transfer Partners
No transfer partners
No transfer partners
Common Questions: Bank of America Premium Rewards vs Platinum
Is the Bank of America Premium Rewards or Platinum better for dining?
Bank of America Premium Rewards earns 2x on dining; Platinum has no dining bonus.
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). Platinum 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 Platinum?
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 Platinum is from Navy Federal Credit Union, so they're governed by separate bank policies.