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Bank of America Preferred Rewards Program: How It Works + Perks
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FinanceBuzz
As members move into the Preferred Plus, Preferred Honors, and Premier tiers, they can qualify for larger credit card rewards bonuses, waived banking fees, ATM fee reimbursements, subscription statement credits, mortgage and auto loan discounts, and exclusive travel and lifestyle experiences. Members in the Preferred Honors ($100,000+) and Premier ($1 million+) tiers can earn up to a 50% or 75% bonus on eligible credit card rewards, significantly increasing the value of cards like the Bank of America® Unlimited Cash Rewards credit card and Bank of America® Customized Cash Rewards credit card.