The Bank of America Premium Rewards credit card does not have purchase protection anymore, since the benefit was removed as part of an industry-wide shift away from traditional secondary perks on credit card offers. This is pretty common, unfortunately, as only around half of the major credit card issuers still offer purchase protection on at least one of their credit cards.

Although the Bank of America Premium Rewards credit card doesn't have purchase protection, applying could still make a lot of sense in the right situation. The Bank of America Premium Rewards credit card has 50,000 bonus points and $0 foreign fee. It also has an annual fee of $95. All in all, the Bank of America Premium Rewards credit card is a good card for people who have excellent credit who spend at least $1,000 per month and like to travel as well as dine out.

If you're set on finding a good credit card for purchase protection, consider checking out the Chase Sapphire Reserve card or the Amex Blue Cash Everyday card. Both credit cards have great purchase protection coverage, according to the most recent WalletHub purchase protection study.

You need a credit score of 750+ to get the Bank of America Premium Rewards credit card. That means people with excellent credit have a shot at getting approved for this card.

Other Bank of America Premium Rewards credit card Approval Requirements

You should note that while your credit score is an important...

The Bank of America® Premium Rewards® credit card foreign transaction fee is 0%. This means you won't be charged extra anytime you use the Bank of America® Premium Rewards® credit card outside of the United States. This applies whether it's a purchase at a physical location in a foreign country or an online transaction through an...

The Bank of America Premium Rewards credit card annual fee is $95 per year. Bank of America Premium Rewards credit card's $95 annual fee is higher than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with the Bank of America® Premium Rewards® credit...

The Bank of America Premium Rewards credit card credit limit is $1,500 or more. Everyone who gets approved for Bank of America Premium Rewards credit card is guaranteed a credit limit of at least $1,500, and particularly creditworthy applicants could get limits a lot higher than that. The higher an applicant's credit score and income are, the...

No, the Bank of America® Premium Rewards® credit card is not a good first-time credit card because it is only available to people with excellent credit. People who've never owned a credit card are unlikely to get approved unless they've built excellent credit through other means. There are plenty of good first-time credit cards on the market,...

You can apply for the Bank of America Premium Rewards card online.

If you'd rather talk to someone to help you with your application, call (800) 932-2775 or visit your closest Bank of America branch.

The Bank of America® Premium Rewards® credit card is not a metal credit card, as it is made of plastic like most other credit cards. There's no functional difference between a plastic card like the Bank of America Premium Rewards credit card and a metal credit card, though, so don't dismiss the Bank of America Premium Rewards...

You will be covered in case of collision or theft if you pay for the rental with your Bank of America Premium Rewards card. Remember that you must decline the collision damage waiver offered by the auto rental agency in order to qualify for your card's coverage.

Make sure...

Chase's travel cards are kind of the best when it comes to travel insurance with $1,000K in coverage offered and $100K full trip insurance. Check out this study: /edu/cc/credit-card-travel-insurance/25820