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BofA Premium Rewards vs Chase Sapphire Reserve

Not credit advice. Facts and math from issuer pages and the CFPB, each with its date. Offers change; approval depends on your credit. Verify on the issuer's site.

Rubric: BofA Premium Rewards leads by 4.0 pts. Scores: BofA Premium Rewards 67.9%, Chase Sapphire Reserve 63.9%.

At a sample $1,920/month (groceries $500, dining $300, gas $150, travel $150, online $200, other $400 …): BofA Premium Rewards nets $278/yr, Chase Sapphire Reserve nets −$439/yr after annual fees. Use your own numbers →

Criterion scores (0–10)

Annual feeRewards: 8.0 · Reserve: 1.0
Rewards rateRewards: 6.2 · Reserve: 6.5
Sign-up bonusRewards: 8.0 · Reserve: 10
Intro 0% APRRewards: 0.0 · Reserve: 0.0
Regular APRRewards: 7.3 · Reserve: 7.2
Foreign transaction feeRewards: 10.0 · Reserve: 10.0
Regulatory record (CFPB)Rewards: 8.0 · Reserve: 10.0

BofA Premium Rewards

IssuerBank of America
Typetravel
Annual fee$95 (CFPB TCCP; issuer page did not render a clear fee) files.consumerfinance.gov, 2025-12-31
Regular purchase APR19.74%–27.74% variable bankofamerica.com, 2026-10-12
Rewards1.5% base; 2% travel; 2% dining bankofamerica.com, 2026-10-12
Sign-up bonus (≈$)$600 60,000 points after $4,000 in 90 days (a $600 value) bankofamerica.com, 2026-10-12
Intro APRnone No intro APR shown bankofamerica.com, 2026-10-12
Foreign transaction feenone files.consumerfinance.gov, 2025-12-31
Penalty APRup to 29.99% up to; per BofA agreement consumerfinance.gov, 2026-06-30
Late feeup to $40 up to (first and repeat late fee) files.consumerfinance.gov, 2025-12-31
Balance transfer fee4% files.consumerfinance.gov, 2025-12-31
Cash advance fee5% files.consumerfinance.gov, 2025-12-31
Credit needed620–719, 720+ (CFPB TCCP targeted tiers) files.consumerfinance.gov, 2025-12-31
Grace period25 days files.consumerfinance.gov, 2025-12-31
Cash advance APR29.24% files.consumerfinance.gov, 2025-12-31
CFPB survey APR (2025-12-31)19.49%–28.24% files.consumerfinance.gov, 2025-12-31 older; issuer figure above is newer

Chase Sapphire Reserve

IssuerChase
Typetravel
Annual fee$795 creditcards.chase.com, 2026-10-11
Regular purchase APR19.74%–28.24% variable creditcards.chase.com, 2026-10-11
Rewards8x Chase Travel; 4x flights & hotels booked direct; 3x dining; 1x other creditcards.chase.com, 2026-10-11
Sign-up bonus (≈$)$1,000 100,000 points after $6,000 in 3 months creditcards.chase.com, 2026-10-11
Intro APRnone No intro APR offer shown creditcards.chase.com, 2026-10-11
Foreign transaction feenone Pricing & terms: Foreign Transactions None sites.chase.com, 2026-10-11
Penalty APRup to 29.99% Chase's CFPB-filed agreements list a penalty APR of 'up to 29.99%'; agreements are not labeled by product, so this is issuer-level consumerfinance.gov, 2026-06-30
Late feeup to $40 up to (first and repeat late fee) files.consumerfinance.gov, 2025-12-31
Balance transfer fee5% files.consumerfinance.gov, 2025-12-31
Cash advance fee5% files.consumerfinance.gov, 2025-12-31
Credit needed720+ (CFPB TCCP targeted tiers) files.consumerfinance.gov, 2025-12-31
Grace period21 days files.consumerfinance.gov, 2025-12-31
Cash advance APR28.49% files.consumerfinance.gov, 2025-12-31
CFPB survey APR (2025-12-31)19.49%–27.99% files.consumerfinance.gov, 2025-12-31 older; issuer figure above is newer

Downsides

BofA Premium Rewards67.9%
Bank of America · travel
Annual fee $95 (CFPB TCCP; issuer page did not render a clear fee)APR 19.74%–27.74% variableRewards 1.5% base; 2% travel; 2% diningCredit 620–719, 720+ (CFPB TCCP targeted tiers)
⚠ $95 annual fee (CFPB TCCP; issuer page did not render a clear fee) · APR up to 27.74% if you carry a balance · Penalty APR up to 29.99%
Chase Sapphire Reserve63.9%
Chase · travel
Annual fee $795APR 19.74%–28.24% variableRewards 8x Chase Travel; 4x flights & hotels booked direct; 3x dining; 1x otherCredit 720+ (CFPB TCCP targeted tiers)
⚠ $795 annual fee · APR up to 28.24% if you carry a balance · Penalty APR up to 29.99%

No paid placement. No issuer pays VaultRubric for inclusion or rank; links go to the issuer's own page. Ranks come only from the published rubric below.

FAQ

Which is better, BofA Premium Rewards or Chase Sapphire Reserve?

On VaultRubric's rubric: BofA Premium Rewards scores higher. The better card for you depends on where you spend; the calculator shows net value for your spending.

Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.