Bank of America Premium Rewards Elite returns $70 over its fee and Chase Hyatt returns $95, so the fee difference comes down to which categories you use.


| CATEGORY | BANK OF AMERICA PREMIUM REWARDS ELITE | HYATT |
|---|---|---|
| 🌎Travel | $330 | — |
| Hotel Free Night Certificates | — | |
| Total credits | $480 | $0 |
| Annual fee | $550 | $95 |
| Net value |

You use travel. Travel alone is worth $330 here and nothing on the Hyatt.
The Bank of America Premium Rewards Elite is better with -$70 net annual value compared to the Chase Hyatt at -$95. The Bank of America Premium Rewards Elite wins by $25/year.
The key differences: Bank of America Premium Rewards Elite has a $550 annual fee and $480 in annual benefits, while Chase Hyatt has a $95 annual fee and $0 in annual benefits. The annual fee difference is $455.
The Chase Hyatt has a lower annual fee at $95 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 Bank of America Premium Rewards Elite offers better value with -$70 net annual value compared to -$95 for the Chase Hyatt. Even though it has a higher annual fee ($550 vs $95), the Bank of America Premium Rewards Elite provides more total benefits.
For these specific cards, Bank of America's Bank of America Premium Rewards Elite offers better value with -$70 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 $0 for the Chase Hyatt.
| -$70 |
| -$95 |
If you're deciding between the Bank of America Premium Rewards Elite and Chase Hyatt, the Bank of America Premium Rewards Elite is the better choice with -$70 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.