Data as of Oct 5, 2026Based on 22,467 AI responses
Reviewed by Dimitry Apollonsky ·
BofA Rewards is Bank of America's loyalty program for customers with an eligible checking account that offers personalized benefits tied to their banking relationship. It uses tiered levels—Member, Preferred Plus, Preferred Honors, and Premier—based on combined balances, unlocking increasing rewards such as bonuses on eligible cards, cash-back deals, fraud and identity monitoring, mortgage origination fee discounts, and waived monthly maintenance fees on checking and savings. In addition, higher tiers provide subscription credits and lifestyle offers tailored to members' interests as they progress.
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of AI answers about Bank of America Preferred Rewards and its rivals. Since Jul 5
Since Jul 5
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Where Bank of America Preferred Rewards ranks in AI
