BoA Credit score Card Summaries
The Financial institution of America Most popular Rewards program has lengthy been one of the crucial distinctive options of BofA bank cards. The essential thought is straightforward: when you hold sufficient deposits or investments with Financial institution of America or Merrill Edge, you possibly can obtain a bonus in your BofA bank card rewards.
The most well-liked tier has traditionally been the $100k tier, which gave a 75% rewards bonus. This turned a card that usually earns 1.5% money again on every part into a really robust 2.625% money again card with no class restrictions. That uncapped 2.625% incomes price was extraordinarily aggressive.
Nevertheless, all good issues should come to an finish. Financial institution of America has formally modified the Most popular Rewards program and renamed it BofA Rewards. The adjustments went into impact on Could 27, 2026.
Adjustments to the Credit score Card Rewards Bonus
First, let’s evaluation the outdated Most popular Rewards tiers:
| Ranges | Deposit/funding requirement | Rewards bonus |
|---|---|---|
| No stage | $0+ | 10% |
| Gold | $20k+ | 25% |
| Platinum | $50k+ | 50% |
| Platinum Honors | $100k+ | 75% |
| Diamond | $1M+ | 75% |
Below the brand new BofA Rewards construction, the tier names and bank card rewards bonuses are:
| Ranges | Deposit/funding requirement | Rewards bonus |
|---|---|---|
| Member | $0+ | 10% |
| Most popular Plus | $30k+ | 25% |
| Most popular Honors | $100k+ | 50% |
| Premier | $1M+ | 75% |
The largest change is clear: the 75% rewards bonus, which beforehand required solely $100k in property, now requires $1M. The $100k tier solely receives a 50% rewards bonus going ahead.
To be sincere, this isn’t utterly inconceivable to know. After years of inflation, there are merely extra individuals with $100k in property, and the outdated 75% bonus was arguably too good to final without end.
New Subscription Credit score
There may be one new profit being added: a subscription credit score for choose streaming and digital subscription companies.
The Most popular Honors tier ($100k+) receives an $8/month subscription credit score, whereas the Premier tier ($1M+) receives a $15/month credit score.
| Ranges | Deposit/funding requirement | Rewards bonus | Subscription Credit score |
|---|---|---|---|
| Member | $0+ | 10% | – |
| Most popular Plus | $30k+ | 25% | – |
| Most popular Honors | $100k+ | 50% | $8/month |
| Premier | $1M+ | 75% | $15/month |
The eligible retailers are:
- Paramount+
- Sirius XM
- WSJ
- The Economist
This profit requires activation, and cost have to be made with a Financial institution of America checking account debit card.
Based mostly on the present eligible service provider record, the $8/month credit score just isn’t particularly simple to maximise as pure free cash. For many of those companies, you’ll possible must pay no less than a small quantity out of pocket. The $15/month credit score is way more helpful and may make it attainable to totally offset certainly one of these subscriptions, relying on the plan you select.
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