Bard was married to Fran Bard until her death in August 2016. Among Bard's awards are the Priestley Medal in 2002 and the 2008 Wolf Prize in Chemistry. He was elected a Fellow of the American Academy of Arts and Sciences in 1990. Bard was elected to National Academy of Sciences in 1982. On February 1, 2013, President Barack Obama presented Allen Bard and John Goodenough with National Medals of Science, one of the highest honors a scientist can hope to receive from the United States government. The medal honors people who have made incredible contributions to either science or engineering. "I am proud to honor these inspiring American innovators," Obama said. "They represent the ingenuity and imagination that has long made this nation great – and they remind us of the enormous impact a few good ideas can have when these creative qualities are unleashed in an entrepreneurial environment (The University of Texas at Austin Know)." On January 13, 2014, Allen Bard was awarded the Enrico Fermi Award along with Andrew Sessler. In 2019 he received the King Faisal International Prize in Chemistry. The Electrochemical Society established the Allen J. Bard Award in 2013 to recognize distinguished contributions to electrochemical science.