The Financial institution of America Most popular Rewards program has lengthy been one of the distinctive options of BofA bank cards. The essential thought is easy: if you happen to hold sufficient deposits or investments with Financial institution of America or Merrill Edge, you’ll be able to 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 little thing into a really robust 2.625% money again card with no class restrictions. That uncapped 2.625% incomes price was extraordinarily aggressive.
Nonetheless, 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 modifications went into impact on Might 27, 2026.
Adjustments to the Credit score Card Rewards Bonus
First, let’s assessment the outdated Most popular Rewards tiers:
| Ranges | Deposit/funding requirement | Rewards bonus |
|---|---|---|
| No degree | $0+ | 10% |
| Gold | $20k+ | 25% |
| Platinum | $50k+ | 50% |
| Platinum Honors | $100k+ | 75% |
| Diamond | $1M+ | 75% |
Beneath 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 most important change is clear: the 75% rewards bonus, which beforehand required solely $100k in belongings, now requires $1M. The $100k tier solely receives a 50% rewards bonus going ahead.
To be trustworthy, this isn’t utterly not possible to know. After years of inflation, there are merely extra folks with $100k in belongings, and the outdated 75% bonus was arguably too good to final perpetually.
New Subscription Credit score
There may be one new profit being added: a subscription credit score for choose streaming and digital subscription providers.
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 should be made with a Financial institution of America checking account debit card.
Based mostly on the present eligible service provider checklist, the $8/month credit score will not be particularly straightforward to maximise as pure free cash. For many of those providers, you’ll probably have to pay not less than a small quantity out of pocket. The $15/month credit score is far more helpful and will make it attainable to completely offset one in every of these subscriptions, relying on the plan you select.
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