American Express Gold or Bank of America Premium Rewards Elite?
American Express Gold returns $99 over its fee and Bank of America Premium Rewards Elite returns $70, so the fee difference comes down to which categories you use.
| CATEGORY | GOLD | BANK OF AMERICA PREMIUM REWARDS ELITE |
|---|---|---|
| 🍽️Food & Dining | $424 | — |
| 🌎Travel | — | $330 |
| ✨Lifestyle | $120 | — |
| 🚗Transportation | $120 | — |
| Total credits | $424 | $480 |
| Annual fee | $325 | $550 |
| Net value | +$99 | -$70 |
You use food & dining, lifestyle, transportation. Food & Dining and Lifestyle and Transportation alone are worth $664 here and nothing on the Bank of America Premium Rewards Elite.
You use travel. Travel alone is worth $330 here and nothing on the Amex Gold.
Where to use each card
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Frequently asked questions
Which is better, American Express Gold or Bank of America Premium Rewards Elite?
The American Express Gold is better with $99 net annual value compared to the Bank of America Premium Rewards Elite at -$70. The American Express Gold wins by $169/year.
What's the difference between American Express Gold and Bank of America Premium Rewards Elite?
The key differences: Bank of America Premium Rewards Elite has a $550 annual fee and $480 in annual benefits, while American Express Gold has a $325 annual fee and $424 in annual benefits. The annual fee difference is $225.
Which has a lower annual fee, American Express Gold or Bank of America Premium Rewards Elite?
The American Express Gold has a lower annual fee at $325 compared to the Bank of America Premium Rewards Elite at $550. However, the Bank of America Premium Rewards Elite offers $480 in total annual benefits.
Is the American Express Gold worth it compared to the Bank of America Premium Rewards Elite?
Yes, the American Express Gold offers better value with $99 net annual value compared to -$70 for the Bank of America Premium Rewards Elite. It also has a lower annual fee.
Amex vs Bank of America: which issuer is better?
For these specific cards, Amex's American Express Gold offers better value with $99 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
Which card is better for food_and_dining?
The American Express Gold is better for food_and_dining with $424 in annual food_and_dining benefits compared to $0 for the Bank of America Premium Rewards Elite.
Should I get the American Express Gold?
If you're deciding between the American Express Gold and Bank of America Premium Rewards Elite, the American Express Gold is the better choice with $99 net annual value. However, make sure you can use the key benefits to maximize value. Compare the full benefit breakdown to see which fits your spending better.
Other comparisons
NET VALUE SHOWN FOR EACHMORE AMEX GOLD COMPARISONS
- vs. Amex Business Gold
- vs. Amex Business Platinum
- vs. Amex Delta SkyMiles Reserve
- vs. Amex Delta SkyMiles Reserve Business
- vs. Amex Green
- vs. Amex Hilton Honors Aspire
- vs. Amex Marriott Bonvoy Brilliant
- vs. Amex Platinum
- vs. Amex Platinum (Charles Schwab)
- vs. Amex Platinum (Morgan Stanley)
- vs. Delta SkyMiles Gold Business
- vs. Delta SkyMiles Platinum Business
- vs. Delta SkyMiles® Gold American Express Card
- vs. Delta SkyMiles® Platinum American Express Card
- vs. Hilton Honors American Express Business Card
- vs. Hilton Honors American Express Surpass Card
- vs. Bank of America Premium Rewards
- vs. Capital One Venture X
- vs. Capital One Venture X Business
- vs. Hyatt
- vs. Sapphire Preferred
- vs. Sapphire Reserve
- vs. Sapphire Reserve for Business
- vs. United Club
- vs. United Explorer
- vs. United Quest
- vs. IHG One Rewards Business Credit Card
- vs. IHG One Rewards Premier Credit Card
- vs. IHG One Rewards Premier Select Credit Card
- vs. Marriott Bonvoy Boundless
- vs. The Ritz-Carlton Credit Card
- vs. United Business Card
- vs. United Club Business Card
- vs. Citi AAdvantage Executive
- vs. Citi Strata Elite
- vs. U.S. Bank Altitude Reserve
- vs. Wells Fargo Autograph Journey
MORE BANK OF AMERICA PREMIUM REWARDS ELITE COMPARISONS
- vs. Amex Business Gold
- vs. Amex Business Platinum
- vs. Amex Delta SkyMiles Reserve
- vs. Amex Delta SkyMiles Reserve Business
- vs. Amex Green
- vs. Amex Hilton Honors Aspire
- vs. Amex Marriott Bonvoy Brilliant
- vs. Amex Platinum
- vs. Amex Platinum (Charles Schwab)
- vs. Amex Platinum (Morgan Stanley)
- vs. Delta SkyMiles Gold Business
- vs. Delta SkyMiles Platinum Business
- vs. Delta SkyMiles® Gold American Express Card
- vs. Delta SkyMiles® Platinum American Express Card
- vs. Hilton Honors American Express Business Card
- vs. Hilton Honors American Express Surpass Card
- vs. Bank of America Premium Rewards
- vs. Capital One Venture X
- vs. Capital One Venture X Business
- vs. Hyatt
- vs. Sapphire Preferred
- vs. Sapphire Reserve
- vs. Sapphire Reserve for Business
- vs. United Club
- vs. United Explorer
- vs. United Quest
- vs. IHG One Rewards Business Credit Card
- vs. IHG One Rewards Premier Credit Card
- vs. IHG One Rewards Premier Select Credit Card
- vs. Marriott Bonvoy Boundless
- vs. The Ritz-Carlton Credit Card
- vs. United Business Card
- vs. United Club Business Card
- vs. Citi AAdvantage Executive
- vs. Citi Strata Elite
- vs. U.S. Bank Altitude Reserve
- vs. Wells Fargo Autograph Journey