The Bank of America Premium Rewards edges out the Platinum for most cardholders — it wins on 3 of 4 comparison categories and offers 60,000 pts signup bonus earns more (up to 2x vs 1x). The Platinum is the better choice if you want no or lower annual fee.
Bank of America Premium Rewards vs Platinum
Side-by-side comparison of fees, rewards, benefits, and transfer partners.
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
- All Purchases 1x
- Airline Incidental Credit $100
- TSA PreCheck / Global Entry $100
Quick summary
A short version of the comparison with the main differences at a glance.
The Bank of America Premium Rewards edges out the Platinum for most cardholders — it wins on 3 of 4 comparison categories and offers 60,000 pts signup bonus earns more (up to 2x vs 1x). The Platinum is the better choice if you want no or lower annual fee. On raw upside, Bank of America Premium Rewards tops out at 2x versus 1x for Platinum. Current signup bonus values are roughly $600 for Bank of America Premium Rewards and $0 for Platinum. Updated May 30, 2026. Source: https://cardcurator.ai/compare/bank-of-america-premium-rewards-vs-platinum
- Bank of America Premium Rewards wins 3 of 4 comparison categories in CardCurator's quick verdict model.
- Top earn rate: Bank of America Premium Rewards reaches 2x; Platinum reaches 1x.
- Annual fee: Bank of America Premium Rewards is $95/yr; Platinum is no annual fee.
- Current public bonus values are approximately $600 and $0.
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.