Bofa platinum rewards

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Bank of America Preferred Rewards Program

https://www.bankofamerica.com/preferred-rewards/

There are three tiers in the Preferred Rewards program – Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America ® deposit and/or Merrill ® investment accounts. Once you are a Preferred Rewards member, you’ll keep your program benefits for at least a full year, so no need to worry if your balances dip temporarily.

Compare Bank of America Preferred Rewards Tiers

https://www.bankofamerica.com/preferred-rewards/details/

There are three tiers in the Preferred Rewards program – Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America ® deposit and/or Merrill ® investment accounts. Once you are a Preferred Rewards member, you’ll keep your program benefits for at least a full year, so no need to worry if your balances dip temporarily.

Bank of America Preferred Rewards Benefits and Merrill …

https://about.bankofamerica.com/preferred

Enrolled Preferred Rewards members can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier, or 75% for the Platinum Honors tier based on their Program tier and type of card. If your product receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus.

A look at Bank of America’s Preferred Rewards program …

https://thepointsguy.com/guide/bank-of-america-preferred-rewards-program/

03-08-2021  · Just note, you can only earn 3% and 2% on up to $2,500 in combined purchases each quarter. So, as a Preferred Rewards Platinum Honors member, you’ll earn 5.25% cash back on your 3% category, 3.5% cash back at grocery stores and wholesale clubs and 1.75% cash back on all other purchases.

Bank of America Preferred Rewards Overview – How it Works

https://www.cardbenefit.com/bank-of-america-preferred-rewards-overview/

Bank of America Preferred Rewards is a loyalty rewards program that gives additional rewards of up to 75% for Bank of America customers whose combined balances of qualifying Bank of America and/or Merrill accounts are $20,000 or more. There are three rewards tiers: Gold, Platinum, and Platinum Honors, which gives you extra rewards of 25%, 50% …

Bank of America Preferred Rewards: New Tiers for $1M …

https://www.mymoneyblog.com/bank-of-america-preferred-rewards-tiers.html

17-11-2021  · Bank of America recently updated the tiers for their Preferred Rewards program, and thankfully the benefits for the three existing tiers did not change. You can still earn the 75% bonus with $100,000 (Platinum Honors) in qualifying assets and 50% bonus with $50,000 (Platinum) in qualifying assets.

Bank of America Preferred Rewards: Benefits & Optimizing …

https://upgradedpoints.com/finance/bank-of-america-preferred-rewards/

[Rumor] Bank of America To Launch New Credit Card …

https://www.doctorofcredit.com/rumor-bank-of-america-to-launch-new-credit-card-platinum-rewards-elite/

12-10-2021  · (See update in this post) According to reddit user HurryProfessional735 Bank of America plans to launch a new credit card called ‘Platinum Rewards Elite’ in November. The card itself will be ‘lifestyle focused’ and unclear if it will be available to all customers or only higher tiered members.

Stop ignoring Bank of America Preferred Rewards – The …

https://thepointsguy.com/news/critical-points-stop-ignoring-bofa-preferred-rewards/

BOA changes to Preferred Rewards, possible nerf : CreditCards

https://www.reddit.com/r/CreditCards/comments/p50x5s/boa_changes_to_preferred_rewards_possible_nerf/

As a Platinum Honors BofA customer …. if they nerf the Preferred Rewards system too much, I’m taking all of my money and going elsewhere. I’ve been with BofA for 15+ years. And the Preferred Rewards system has been great since I’ve been part of it.

FAQ bofa platinum rewards

What are the rewards for the Bank of America Platinum program?

Gold, Platinum and Platinum Honors members receive a respective 25%, 50% and 75% rewards bonus on the Bank of America® Customized Cash Rewards credit card, the Bank of America® Travel Rewards credit card and the Bank of America® Premium Rewards® credit card.

How much is the bank of America preferred rewards bonus?

Once you become a Bank of America Preferred Rewards member, your credit-card rewards bonus can be between 25% and 75% of your base cash rewards. Depending on your eligible tier of Preferred Rewards, you can get a 25%, 50% to 75% rewards bonus on the baseline rewards.

How much cash back can you get with the platinum honors?

By earning 1.5x points per dollar on everything plus a 75% Preferred Rewards bonus as a Platinum Honors Preferred Rewards member, you effectively earn 2.625% cash back toward travel purchases made with the card. That’s a fantastic cash-back rate to earn on all spending.

How much do I get for my preferred rewards?

Depending on your eligible tier of Preferred Rewards, you can get a 25%, 50% to 75% rewards bonus on the baseline rewards. The following chart shows the qualification requirement of minimum balance and rewards for Gold, Platinum, Platinum Honors tiers of Preferred Rewards.