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Bank of America Premium Rewards Elite or U.S. Bank Altitude Reserve?
U.S. Bank Altitude Reserve returns $45 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
U.S. Bank Altitude ReserveU.S. Bank · $400 fee · 2 credits
NET VALUE-$70$480 credits
NET VALUE-$45$355 credits
| CATEGORY | BANK OF AMERICA PREMIUM REWARDS ELITE | U.S. BANK ALTITUDE RESERVE |
|---|---|---|
| 🌎Travel | $330 | $325 |
| Lounge Access | — | |
| Total credits | $480 | $355 |
| Annual fee | $550 | $400 |
| Net value |
BEST NET VALUE
U.S. BANKU.S. Bank Altitude Reserve
FEE$400
CREDITS$355
NET-$45
Category wins0 of 1
ADDITIONAL BENEFITS
LOUNGE ACCESS
TAKE THE BANK OF AMERICA PREMIUM REWARDS ELITE IF
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Start tracking freeFrequently asked questions
Which is better, Bank of America Premium Rewards Elite or U.S. Bank Altitude Reserve?
The U.S. Bank Altitude Reserve is better with -$45 net annual value compared to the Bank of America Premium Rewards Elite at -$70. The U.S. Bank Altitude Reserve wins by $25/year.
What's the difference between Bank of America Premium Rewards Elite and U.S. Bank Altitude Reserve?
The key differences: Bank of America Premium Rewards Elite has a $550 annual fee and $480 in annual benefits, while U.S. Bank Altitude Reserve has a $400 annual fee and $355 in annual benefits. The annual fee difference is $150.
Which has a lower annual fee, Bank of America Premium Rewards Elite or U.S. Bank Altitude Reserve?
The U.S. Bank Altitude Reserve has a lower annual fee at $400 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 U.S. Bank Altitude Reserve worth it compared to the Bank of America Premium Rewards Elite?
Yes, the U.S. Bank Altitude Reserve offers better value with -$45 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 U.S. Bank: which issuer is better?
For these specific cards, U.S. Bank's U.S. Bank Altitude Reserve offers better value with -$45 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
Should I get the U.S. Bank Altitude Reserve?
If you're deciding between the Bank of America Premium Rewards Elite and U.S. Bank Altitude Reserve, the U.S. Bank Altitude Reserve is the better choice with -$45 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.