Bank of America Premium Rewards Elite
3 credits worth $480 at face value against an $550 annual fee.
Open the full Bank of America Premium Rewards Elite calculator →
All 3 credits, by how often they reset
Once a calendar year
2 CREDITS · $450 / YRHow it compares
Frequently asked questions
What is the Bank of America Premium Rewards Elite annual fee?
The Bank of America Premium Rewards Elite has an annual fee of $550. This is a personal credit card.
Is the Bank of America Premium Rewards Elite worth it?
The Bank of America Premium Rewards Elite offers $480 in annual benefits with a $550 annual fee, for a net value of -$70. Whether it's worth it depends on how many benefits you can use. Focus on maximizing Airline Incidental Credit.
What benefits does the Bank of America Premium Rewards Elite include?
The Bank of America Premium Rewards Elite includes 3 benefits, including Airline Incidental Credit ($300/year), Lifestyle Credit ($150/year), Global Entry / TSA PreCheck Credit ($30/year).
Who should get the Bank of America Premium Rewards Elite?
The Bank of America Premium Rewards Elite is ideal for people who spend on airlines, travel and can maximize the $480 in annual benefits to offset the $550 annual fee.
What statement credits does the Bank of America Premium Rewards Elite have?
The Bank of America Premium Rewards Elite includes 3 statement credits: Airline Incidental Credit, Lifestyle Credit, Global Entry / TSA PreCheck Credit. Together they provide $480 in annual value.