American Express Green returns $59 over its fee and Bank of America Premium Rewards Elite returns $70, so the fee difference comes down to which categories you use.


| CATEGORY | GREEN | BANK OF AMERICA PREMIUM REWARDS ELITE |
|---|---|---|
| 🌎Travel | $209 | $330 |
| Total credits | $209 | $480 |
| Annual fee | $150 | $550 |
| Net value | +$59 | -$70 |
You use travel.
The American Express Green is better with $59 net annual value compared to the Bank of America Premium Rewards Elite at -$70. The American Express Green wins by $129/year.
The key differences: Bank of America Premium Rewards Elite has a $550 annual fee and $480 in annual benefits, while American Express Green has a $150 annual fee and $209 in annual benefits. The annual fee difference is $400.
The American Express Green has a lower annual fee at $150 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.
Yes, the American Express Green offers better value with $59 net annual value compared to -$70 for the Bank of America Premium Rewards Elite. It also has a lower annual fee.
For these specific cards, Amex's American Express Green offers better value with $59 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
The Bank of America Premium Rewards Elite is better for travel with $330 in annual travel benefits compared to $209 for the American Express Green.
If you're deciding between the American Express Green and Bank of America Premium Rewards Elite, the American Express Green is the better choice with $59 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.