FIRST CARD
VSSECOND CARD
Bank of America Premium Rewards Elite or IHG One Rewards Premier Credit Card?
IHG One Rewards Premier Credit Card returns $21 over its fee and Bank of America Premium Rewards Elite returns $70, so the fee difference comes down to which categories you use.
Bank of America Premium Rewards EliteBank of America · $550 fee · 3 credits
IHG One Rewards Premier Credit CardChase · $99 fee · 3 credits
NET VALUE-$70$480 credits
NET VALUE+$21$120 credits
| CATEGORY | BANK OF AMERICA PREMIUM REWARDS ELITE | IHG ONE REWARDS PREMIER CREDIT CARD |
|---|---|---|
| 🌎Travel | $330 | $50 |
| 🍽️Food & Dining | — | $40 |
| Hotel Free Night Certificates | — | |
| Total credits | $480 | $120 |
BEST NET VALUE
FEE$99
CREDITS$120
NET+$21
Category wins1 of 2
ADDITIONAL BENEFITS
HOTEL FREE NIGHT CERTIFICATES
TAKE THE BANK OF AMERICA PREMIUM REWARDS ELITE IF
You use travel.
TAKE THE IHG ONE REWARDS PREMIER CREDIT CARD IF
You use food & dining. Food & Dining alone is worth $40 here and nothing on the Bank of America Premium Rewards Elite.
Track what you useAdd your card and mark the credits you collect. The calculator does the rest.
Start tracking freeFrequently asked questions
Which is better, Bank of America Premium Rewards Elite or IHG One Rewards Premier Credit Card?
The IHG One Rewards Premier Credit Card is better with $21 net annual value compared to the Bank of America Premium Rewards Elite at -$70. The IHG One Rewards Premier Credit Card wins by $91/year.
What's the difference between Bank of America Premium Rewards Elite and IHG One Rewards Premier Credit Card?
The key differences: Bank of America Premium Rewards Elite has a $550 annual fee and $480 in annual benefits, while IHG One Rewards Premier Credit Card has a $99 annual fee and $120 in annual benefits. The annual fee difference is $451.
Which has a lower annual fee, Bank of America Premium Rewards Elite or IHG One Rewards Premier Credit Card?
The IHG One Rewards Premier Credit Card has a lower annual fee at $99 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 IHG One Rewards Premier Credit Card worth it compared to the Bank of America Premium Rewards Elite?
Yes, the IHG One Rewards Premier Credit Card offers better value with $21 net annual value compared to -$70 for the Bank of America Premium Rewards Elite. It also has a lower annual fee.
Bank of America vs Chase: which issuer is better?
For these specific cards, Chase's IHG One Rewards Premier Credit Card offers better value with $21 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
Which card is better for travel?
The Bank of America Premium Rewards Elite is better for travel with $330 in annual travel benefits compared to $50 for the IHG One Rewards Premier Credit Card.