BofA rewards transfer partners.
Where Bank of America Premium Rewards points stand on transfer partners. The Preferred Rewards multiplier is the real edge here.
Verified Jul 03, 2026
TL;DR
Bank of America's Premium Rewards does not have airline or hotel transfer partners — points convert to cash back or travel statement credits at 1¢ each. The leverage comes from the Preferred Rewards multiplier: with $100k+ at Merrill, Premium Rewards Elite earns an effective 2.625% on everything. That's competitive with transfer-currency cards if you don't optimize redemptions.
Sweet spots
- •Platinum Honors tier: 75% boost = 3.5% on travel, 2.625% flat on Premium Rewards Elite
- •$95 Premium Rewards: $100 airline credit + 2× on travel + 1.5× boosted = 2.625% effective
Maximizing BofA rewards
- •Hit Platinum Honors: $100k at Merrill (taxable, IRA, 529) — more than pays the AF
- •Use for non-bonus spend: 2.625% flat beats most points cards on everyday categories
- •Pair with transfer cards: BofA for everyday, Amex/Chase for category multipliers
More transfer pages
Credit card transfers
Earn More Bank of America Rewards Points
Credit cards that transfer to Bank of America Rewards
The Business Platinum Card from American Express
Business · Annual fee $895
200,000 points
after $20,000 in 3 months
American Express Business Gold Card
Business · Annual fee $375
200,000 points
after $15,000 in 3 months
The Platinum Card from American Express
Personal · Annual fee $895
175,000 points
after $12,000 in 6 months