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Premium Rewards® Elite

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Premium Rewards® Elite
4.4

Annual fee:
$550

Intro APR

Purchases: N/A

Balance Transfers: N/A

Regular APR

20.74% - 28.74% Variable APR

Buy Now, Pay Later N/A

N/A

Credit Score

670-850 (Good/Excellent)

Rewards Earn 2x points for every $1 spent on travel and dining. Earn 1.5x points on all other purchases.

1.5x - 3.5x Points

Welcome Offer Earn 75,000 bonus points (a $750 value) after spending $5,000 in the first 90 days of your account opening.

75,000 Points

  • Welcome Offer: Earn 75,000 bonus points after spending $5,000 within the first 90 days of account opening.
  • 2x Points: On travel and dining.
  • 1.5x Points: On all other purchases.
  • Annual Fee: $550.
  • Foreign Transaction Fees: None.
  • Preferred Rewards®: Get more rewards by enrolling in the Preferred Rewards program. Preferred Rewards members earn 25% - 75% more points on every purchase. That means you could earn 2.5x to 3.5x points on travel and dining, and 1.87x to 2.62x points on all other purchases.
  • Redeem Rewards: For travel, cash, distinctive experiences, or gift cards. Plus, save 20% on airfare when you pay with points through the Bank of America Travel Center.
  • Up to $300 for Airline-Related Expenses: Enjoy a $300 annual travel statement credit for qualifying travel purchases such as seat upgrades, baggage fees, in-flight services, and lounge fees.
  • Up to $150 for Lifestyle Conveniences: Enjoy a $150 annual statement credit for lifestyle conveniences, including streaming services, food delivery, fitness subscriptions, and rideshare services.
  • Global Entry/TSA PreCheck®: Get up to $100 every four years for TSA PreCheck® or Global Entry Application fees.
  • Airfare Savings: Get 20% savings on domestic or international airfare for any class when you pay with points through the Bank of America Travel Center or the Concierge.
  • Airport Lounge Access: Enjoy complimentary Priority Pass™ Select Membership which gives you unlimited Airport Lounge Access (1,300+ VIP lounges in over 500 cities worldwide) and more.
  • Visa Infinite® Experiences: Include Luxury Hotel Collection, Full Service Concierge, and Rental Car Privileges.
  • Travel Benefits: Include Roadside Dispatch®, Auto Rental Collision Damage Waiver, Trip Delay Reimbursement, Trip Cancellation and Interruption Insurance, Baggage Delay Insurance, Lost Luggage Reimbursement, Common Carrier Travel Accident Insurance, Emergency Evacuation and Repatriation of Remains Coverage.
  • Additional Features: Include 24-hour fraud protection, $0 liability guarantee, contactless chip technology, Balance Connect® for overdraft protection, Digital Wallet technology, account alerts, and free access to FICO® Score.
  • Regular APR: 20.74% - 28.74% Variable APR.
  • Balance Transfer Fees: 4% of each transfer amount.
  • Click ‘Apply Now’ to see the full terms and conditions.
Bank of America® Premium Rewards® Elite is a travel reward credit card with an unlimited 2x flat rate on travel and dining and 1.5x on all other purchases. Great additions are a welcome bonus, flexibility in how you redeem your points, unlimited airport lounge access, and other travel benefits and perks.