
3 credits worth $480 at face value against an $550 annual fee.
The Bank of America Premium Rewards Elite has an annual fee of $550. This is a personal credit card.
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.
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).
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.
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.