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Get More Out of Preferred Rewards

With the Preferred Rewards program, you earn more, save more and get more back with your everyday banking. But it doesn’t have to stop there. You can combine Preferred Rewards with other programs and discounts and benefit even more. Here are 3 helpful tips to get you started:

1. Watch for BankAmeriDeals® before you shop

  • Choose cash back deals and get cash back credited into your account
  • Visit Special Offers & Deals in Online Banking or on our Mobile Banking app and select the BankAmeriDeals® offer
  • Pay with your eligible Bank of America® credit card to earn cash back rewards from BankAmeriDeals on your purchase
  • Get a 25%-75% rewards bonus on eligible Bank of America® credit cards with Preferred Rewards
  • Plus get an automatic credit to your account from your redeemed BankAmeriDeals offer within 30 days following redemption

2. Sign up for loyalty programs from your favorite retailers

You could enjoy exclusive offers for members only, including perks and savings.

3. Take advantage of manufacturers’ coupons when you shop

Many Preferred Rewards members are already making the most of these tips. Here are some examples:

On the road to more rewards
credit-card-iconRobert is a Preferred Rewards Gold tier member and is a frequent traveler. When booking a recent $600 hotel stay, he was able to earn points with his Bank of America® Travel Rewards card and save more than $60 with BankAmeriDeals:
Robert paid for his $600 room with his Bank of America® Travel Rewards credit card and earned 1.5 points for every dollar he spent.
He also used his card to rent a car and for dining out, spending an additional $800.
He got a 25% Preferred Rewards bonus on his points.
additional points
He used a BankAmeriDeals offer for the GreatStay Hotel and got 10% cash back credited to his account.
Robert saved $60 on his $600 hotel purchase and, with his $800 car rental and dining purchases, earned a combined 2,625 points — which he can redeem for a $26.25 travel statement credit.*
*Points may be redeemed for a travel credit starting at 2,500 (worth $25).
An appetite for more
credit-card-iconAngela is a Preferred Rewards Platinum tier member and a Fresh Foods Grocery Rewards Club member. When shopping for wholesome food for her growing family, Angela makes the most of every dollar by using her Bank of America® Cash Rewards credit card and her frequent shopper savings at Fresh Foods.
Angela spent $150 at Fresh Foods Grocery.
She used a frequent shopper thank you coupon from Fresh Foods Grocery.
She paid with her Bank of America® Cash Rewards credit card, because she earns 2% cash back at grocery stores and wholesale clubs.
cash reward*
As a Preferred Rewards Platinum tier member, Angela will also get a 50% Preferred Rewards bonus.
additional cash reward*
Angela saved $5 with Fresh Foods Grocery using her coupon and will get $4.50 in cash rewards from Bank of America on her $150 purchase!
*Some cash rewards redemptions begin at $25.

Not enrolled in the Preferred Rewards Program? Learn more about Preferred Rewards

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Card eligibility guidelines

Most Bank of America® branded consumer credit cards (such as the Cash Rewards, Travel Rewards and Premium Rewards® credit cards) are eligible to receive the Preferred Rewards bonus, as long as the card account is open with active charging privileges. If your credit card receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus.

Cards not eligible for the rewards bonus:

  • Non-rewards credit cards
  • Business purpose credit cards
  • BankAmericard Better Balance Rewards®
  • Merrill® branded (including MERRILL+®, Merrill Octave® American Express® and Private Banking and Investment Group Octave® American Express®)
  • Bank of America® Private Bank Octave®
  • AAA® Gas Rebate
  • Air France KLM World Elite Mastercard®
  • Alaska Airlines®
  • Allegiant World MasterCard®
  • Amtrak Guest Rewards®
  • Amway™
  • Asiana Airlines®
  • Celebrity Cruises®
  • Royal Caribbean International®
  • Sonesta World MasterCard®
  • Spirit Airlines®
  • Virgin Atlantic Airways®

This list is subject to change without prior notice.