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PointBagel Blog

Point valuation updates, strategy insights, and credit card news.

May 28, 2026 · 8 min read

BofA Rewards is here: what changed in 2026 and how to keep your earn math accurate

Bank of America rebranded Preferred Rewards to BofA Rewards on May 27, 2026, with a leaner tier table and a higher bar for the top tier. Existing members are grandfathered into a phased transition. Here's the math for cardholders and what we shipped today in PointBagel so your earn rates stay accurate.

bofa · bofa-rewards · preferred-rewards