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CardCurator — Rewards Intelligence
Card Comparison

Bank of America Premium Rewards vs Southwest Premier

Side-by-side comparison of fees, rewards, benefits, and transfer partners.

Bank of America Premium Rewards card art
Bank of America Travel Rewards
Bank of America Premium Rewards
Bank of America
More Info
Southwest Premier card art
Southwest Rapid Rewards
Southwest Premier
Chase
More Info
Annual Fee
$95/yr
$149/yr
Foreign Fees
None
None
Signup Bonus
60,000 points
Spend $4,000 in 3 months
85,000 points
Spend $3,000 in 3 months
Top Earn Rates
  • Travel 2x
  • Dining 2x
  • All Other Purchases 1.5x
  • Southwest Purchases 3x
  • Grocery Stores and Restaurants 2x
  • All Other Purchases 1x
Reward Type
miles
miles
Key Credits
  • Airline Incidental Credit $100
  • TSA PreCheck / Global Entry $100
None
Spend Milestones
No milestones
  • 1,500 Tier Qualifying Points toward A-List status
    After $5,000 spend
Transfer Partners
No transfer partners
No transfer partners
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Common Questions: Bank of America Premium Rewards vs Southwest Premier

Is the Bank of America Premium Rewards or Southwest Premier better for dining?

Bank of America Premium Rewards earns 2x on dining; Southwest Premier earns 2x on dining. Bank of America Premium Rewards 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). Southwest Premier offers 85,000 pts signup bonus (spend $3,000 in 3 months). Southwest Premier 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 Southwest Premier?

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 Southwest Premier is from Chase, so they're governed by separate bank policies.