We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks (such as a “Next” button) that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

This page may include: credit card ads that we may be paid for (“advertiser listing”); and general information about credit card products (“editorial content”). Many, but not all, of the offers and clickable hyperlinks (such as a “Apply Now” button or “Learn More” button) that appear on this site are from companies that compensate us. When you click on that hyperlink or button, you may be directed to the credit card issuer’s website where you can review the terms and conditions for your selected offer. Each advertiser is responsible for the accuracy and availability of its ad offer details, but we attempt to verify those offer details. We have partnerships with advertisers such as Brex, Capital One, Chase, Citi, Wells Fargo and Discover. We also include editorial content to educate consumers about financial products and services. Some of that content may also contain ads, including links to advertisers’ sites, and we may be paid on those ads or links.

For more information, please see How we make money.

More Details Confirmed! Can the New Bank of America Card Compete at the Top?

  • Million Mile Secrets

    • Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full advertising policy: How we make money.

    Last week I gave you an update on the new premium travel rewards card from Bank of America.

    And now, via Doctor of Credit, we have more confirmed details about the card!  It will be a Visa credit card with nice perks like a sign-up bonus worth $500 after meeting minimum spending requirements, and an annual $100 airline incidental fee credit.

    Don’t Want to Worry About Available Award Seats? The Upcoming Bank of America Credit Card Might Be for You!

    I’ll tell you everything we now know about this upcoming card!

    More Details of Bank of Upcoming Premium Bank of America Card

    Link:   Rumor: A New Premium Credit Card Arriving This Fall!

    Link:   Update:   New Premium Travel Rewards Card from Bank of America Arriving this Fall

    Bank of America plans to release a new top-notch travel card in September 2017, to compete with credit cards like the Citi Prestige, Chase Sapphire Reserve, and The Platinum Card® from American Express.  The card will be a Visa, and come with:

    These points do NOT transfer to airline or hotel partners.  Points are worth a flat 1 cent each.  So you don’t have to worry about blackout dates and available award seats.

    Is This a Good Deal?

    There is still plenty we don’t know about this card’s travel insurance, airline credit, and annual fee!

    For example, we do NOT yet know if the card’s $95 annual fee will be waived the first year.  And it’s not yet clear how easy the $100 airline incidental credit will be to use.  Both of those details could be the deciding factor as to whether lots of folks will give this card a try!

    That said, this card is a good deal if you are a Bank of America Preferred Rewards member, because you’ll get a bonus percentage with every purchase!  But you’ll need at least $100,000 in your Bank of America checking account to get the highest bonus.

    You’ll Get Between a 25% and 75% Bonus Points As a Bank of America Preferred Rewards Member, Depending on How Much Money You Have in the Bank

    As far as this card being competitive with other high-level credit cards, I don’t think it has enough features to steal customers away from folks who use cards like the Chase Sapphire Reserve and Citi Prestige.  These cards have much better benefits, like airport lounge access, super easy to use travel credits, and Global Entry reimbursement.

    And its bonus categories are similar to other travel credit cards.  Even if you’re a Preferred Rewards member that earns 3.5 points per $1 on dining, you’re still only getting a return of 3.5 cents per $1.  The Chase Sapphire Reserve earns 3 Chase Ultimate Rewards points per $1, which is worth 4.5 cents when you redeem points for travel through the Chase Ultimate Rewards Travel Portal.  Or potentially even more when transferred to valuable Chase travel partners like Hyatt or Southwest.

    The one thing this card DOES have going for it is the comparatively low $95 annual fee.  Most other high-level travel cards have annual fees of $450 or more.  So if you would use the $100 airline travel credit anyway, you might consider opening this card to see if it serves your travel plans, because the credit more than covers the annual fee!

    Bottom Line

    We have more details about the upcoming premium travel credit card from Bank of America!

    Bank of America plans to launch the card in September 2017.  It will come with:

    We don’t know all the details of this card yet, but we’ll let you know as soon as we hear more!

    Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)