This is the lookup page. If you want to know what a specific Bank of America card pays you at a specific BofA Rewards tier, the numbers are below, card by card.
The mechanic is simple: your tier applies a percentage bonus to whatever the card already earns. Member adds 10%, Preferred Plus 25%, Preferred Honors 50%, Premier 75%. That bonus multiplies the base rate rather than being added to it, which is why a 75% bonus on 1.5% produces 2.625% and not 76.5%.
For how the tiers work and how to qualify, see our guide to the BofA Rewards program. This page is just the arithmetic.
Customized Cash Rewards
Base structure: 3% in one category you choose, 2% at grocery stores and wholesale clubs, 1% on everything else. No annual fee.
Your 3% category pays 3.3% at Member, 3.75% at Preferred Plus, 4.5% at Preferred Honors, and 5.25% at Premier.
Grocery and wholesale clubs at 2% pay 2.2%, 2.5%, 3% and 3.5% across the same tiers.
Everything else at 1% pays 1.1%, 1.25%, 1.5% and 1.75%.
The choice category can be gas, online shopping, dining, travel, drug stores or home improvement, and you can change it once a month. That flexibility is the card's real feature, and leaving it on a default you do not spend in is the most common way people underuse it.
At Preferred Honors or Premier, 4.5% to 5.25% in a self-selected category is among the strongest cash-back rates available anywhere without an annual fee. Note the 3% and 2% categories are subject to a combined quarterly spending cap, above which purchases drop to 1%. Check the current cap before assuming a large spend all earns at the headline rate.
You can see current terms on the Customized Cash Rewards card page.
Unlimited Cash Rewards
Base structure: a flat 1.5% on everything, no categories, no caps, no annual fee.
That pays 1.65% at Member, 1.875% at Preferred Plus, 2.25% at Preferred Honors, and 2.625% at Premier.
The comparison that matters: a plain 2% cash-back card from another issuer beats this until you reach Preferred Honors. At Member and Preferred Plus you are earning less than a no-fee flat 2% card would pay, which is worth knowing before you route all your spending here out of loyalty.
At Preferred Honors and above it flips, and 2.25% to 2.625% on everything with no categories to track is genuinely strong. Details on the Unlimited Cash Rewards card page.
Travel Rewards
Base structure: 1.5 points per dollar on everything, no annual fee, no foreign transaction fees.
The tier math is identical to Unlimited Cash: 1.65x, 1.875x, 2.25x, 2.625x.
The difference is the redemption. Travel Rewards points redeem as a statement credit against travel purchases, so they behave like cash back that can only be spent on travel. There is no transfer partner network and no variable redemption value, which makes the arithmetic above the whole story rather than a floor.
For someone who travels and wants no foreign transaction fees on a no-fee card, this is the pick over Unlimited Cash. For someone who does not, Unlimited Cash pays the same and the money is unrestricted. Our full Travel Rewards review covers the redemption mechanics, and there is a head-to-head against Discover it Miles if you are choosing between no-fee travel cards.
Current terms on the Travel Rewards card page.
Premium Rewards
Base structure: 2x points on travel and dining, 1.5x on everything else, $95 annual fee.
Travel and dining pays 2.2x at Member, 2.5x at Preferred Plus, 3x at Preferred Honors, and 3.5x at Premier.
Everything else pays 1.65x, 1.875x, 2.25x and 2.625x.
The Preferred Honors number is the interesting one. 3x on travel and dining with a $95 fee is directly comparable to the mid-tier travel cards from Chase and Citi on those categories. What Bank of America does not offer is transfer partners, so those points redeem at a fixed rate rather than converting into airline or hotel currency where the value can run considerably higher.
That trade defines the card. If you value certainty and a simple redemption, 3x at a fixed rate is excellent. If you want a redemption ceiling, the points are capped in a way Chase and Amex points are not.
Terms on the Premium Rewards card page.
A Note on the Alaska Co-Brand
Bank of America issues the Alaska Atmos Rewards Ascent card, which earns 3x on Alaska and Hawaiian purchases and 2x on gas, EV charging, cable, streaming and local transit.
Co-branded airline cards typically sit outside the issuer's own rewards-multiplier program, because the miles belong to the airline rather than the bank. Do not assume the BofA Rewards bonus applies to it, and confirm with Bank of America before making a card decision on that basis. The multipliers listed above are for Bank of America's own rewards cards.
The Same Rates in Annual Dollars
Percentages are hard to compare across cards with different structures. Here is what each card returns on a realistic $24,000 of annual spending, so the differences are in money rather than decimals.
Assume the spending splits as $8,000 in one concentrated category, $4,000 at grocery stores, and $12,000 across everything else.
Customized Cash Rewards, with the choice category set to match that $8,000, returns about $343 at Member, $390 at Preferred Plus, $468 at Preferred Honors, and $546 at Premier. That assumes the spending stays inside the quarterly cap; above it, the excess drops to 1% and these figures fall.
Unlimited Cash Rewards, applying its flat rate to the whole $24,000, returns $396 at Member, $450 at Preferred Plus, $540 at Preferred Honors, and $630 at Premier.
Travel Rewards returns the same figures as Unlimited Cash, but the money is restricted to travel redemptions.
Premium Rewards depends on how much of the $24,000 is travel and dining. If $9,000 of it is, the card returns roughly $446 at Member, $506 at Preferred Plus, $608 at Preferred Honors, and $709 at Premier, before subtracting the $95 annual fee. Net of the fee that is $351, $411, $513 and $614.
Two things fall out of that comparison and neither is obvious from the percentages alone.
First, Unlimited Cash beats Customized Cash on this profile at every tier, because only a third of the spending fits the 3% category while the flat rate applies to all of it. Customized Cash only wins when a larger share of your spending concentrates in one category. If the $8,000 were $16,000, the answer flips.
Second, Premium Rewards only overtakes Unlimited Cash net of its fee at Preferred Honors and above, and only with substantial travel and dining spend. At Member it loses to a no-fee card on the same spending.
Run your own split rather than adopting this one. The point of the exercise is that the card structure matters more than the tier, and that the highest headline percentage frequently is not the highest annual return.
Which Card the Numbers Favor
Run your own spending against these rather than picking the highest number on the page.
If one category dominates your spending, Customized Cash wins at every tier. 3.3% at Member already beats what any flat-rate card here pays at Premier, provided your spending fits the category and stays under the quarterly cap.
If your spending is spread evenly, Unlimited Cash or Travel Rewards. Below Preferred Honors, check a flat 2% card from another issuer first, because you will earn more there.
If you travel and dine out substantially, Premium Rewards, but only at Preferred Honors or above. At Member its 2.2x on travel and dining does not justify a $95 fee against the no-fee options.
If you are below Preferred Honors and spending is modest, the honest answer may be that no Bank of America card is your best option. A 10% or 25% bonus on these base rates is competitive but not exceptional, and there is no obligation to concentrate spending here to earn a tier you gain little from.
Our roundup of which Bank of America card to hold works through the choice in more depth, including the welcome bonuses that these ongoing rates do not capture.
How the Multiplier Posts
Worth understanding the mechanics, because it affects when you see the money and how you check it is working.
The bonus is not applied at the point of sale. Your card earns its base rate on the transaction, and the tier bonus is added when rewards post, typically at statement close. So a purchase that shows 1.5% in your transaction feed will show more once the cycle completes. People regularly conclude the bonus is not working because they checked too early.
The bonus applies to rewards earned during the period you held the tier. Moving up a tier does not retroactively uplift rewards already earned at the old rate, and moving down does not claw back what you already banked. The tier that matters is the one in effect when the rewards post.
Because qualification runs on a quarterly review after your first month, a tier change mid-quarter takes effect on the following review rather than immediately. If you are moving money to cross a threshold, expect the higher rate to start applying a full quarter later than the deposit lands, not the next statement.
Check the bonus is being applied by comparing your posted rewards against the base rate on a known purchase. If a $100 purchase in your 3% category posted $3.00 rather than $3.30 at Member, the tier is not being applied and it is worth a call.
What These Numbers Do Not Include
Three things the multiplier math leaves out, all of which can matter more than the tier.
Welcome bonuses. A $200 bonus on $1,000 of spending is a 20% return in the first three months, which dwarfs any tier difference over the same period. On a first-year basis the bonus usually outweighs the ongoing rate.
Category caps. Customized Cash applies a combined quarterly cap to its 3% and 2% categories. Above it, purchases earn 1%. A high spender can find the effective rate well below the headline.
What you give up to hold the tier. If reaching Preferred Honors means keeping $100,000 in accounts paying below-market interest, the forgone yield can exceed everything gained here. That calculation belongs in the program guide, and it is the one most worth running before optimizing which card to carry.
Bottom Line
The bonus multiplies your base rate: 10%, 25%, 50% or 75% depending on tier. Customized Cash at 3.3% to 5.25% in your chosen category is the strongest rate in the lineup. Unlimited Cash and Travel Rewards run 1.65% to 2.625%, which trails a plain 2% card until Preferred Honors. Premium Rewards reaches 3x on travel and dining at Preferred Honors, competitive with mid-tier travel cards but without transfer partners.
Pick the card that matches your spending first. The tier bonus amplifies a good choice and an average one by exactly the same percentage.
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