Bank of America just revealed its new travel rewards credit card - here's how it compares to the Chase Sapphire Reserve and others

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American Express Platinum

American Express Platinum

Annual fee: $550

Sign-up bonus: 75,000 points

Spending required for sign-up bonus: $5,000

Points per dollar spent:

• 5 for airfare and hotels, 1 for all other purchases

Other perks:

• $200 credit for airline expenses (like baggage fees; doesn't include airfare)

• $200 credit for Uber rides ($15 per month; $35 in December)

• $100 application credit for Global Entry/TSA PreCheck

• Access to over 1,000 airport lounges

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Citi Prestige

Citi Prestige

Annual fee: $450

Sign-up bonus: 75,000 points

Spending required for sign-up bonus: $7,500

Points per dollar spent:

• 3 for travel, 2 for dining, 1 for all other purchase

Other perks:

• $250 credit for airline expenses

• Book four nights at a hotel, and Citi will comp the fourth night

• $100 application credit for Global Entry/TSA PreCheck

• Priority Pass airport lounge membership

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Chase Sapphire Reserve

Chase Sapphire Reserve

Annual fee: $450

Sign-up bonus: 50,000 points

Spending required for sign-up bonus: $4,000

Points per dollar spent:

• 3 for travel/dining, 1 for all other purchase

Other perks:

• $300 credit for travel expenses

• $100 application credit for Global Entry/TSA PreCheck

• Priority Pass airport lounge membership

1. Bank of America Premium Rewards

1. Bank of America Premium Rewards

Annual fee: $95

Sign-up bonus: 50,000 points

Spending required for sign-up bonus: $3,000

Points per dollar spent (tiered system based on how much cash you have deposited or invested with the bank):

• 2 for travel/dining, 1.5 for all other purchase (Less than $20,000 deposited)

• 2.5 for travel/dining and 1.875 on all other purchases ($20,000 to 49,999 deposited)

• 3 for travel/dining and 2.25 on all other purchases ($50,000 to 99,999 deposited)

• 3 for travel/dining and 2.25 on all other purchases (More than $100,000 deposited)

Other perks:

• $100 travel credit for airline travel expenses (like baggage fees; doesn't include airfare)

• $100 application credit for Global Entry/TSA PreCheck



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