![]() ![]() The card earns 2 points per dollar on travel and dining purchases and 1.5 points per dollar on all other purchases. The card also comes with travel benefits and extras including a 20% points boost when redeeming for airfare through the Bank of America rewards center, a $300 airline incidental fee credit, Priority Pass Lounge access, a $100 TSA PreCheck/Global Entry application fee credit, Visa Infinite benefits, Medevac coverage up to $100,000 and preferred pricing on NetJets private planes.īut, the rewards rate, TSA Precheck/Global Entry application fee credit and several travel protections are exactly the same as what’s being offered on the $95-annual fee Bank of America® Premium Rewards® credit card and a similar welcome bonus which means you’d have to get a lot of use out of the additional benefits to make it worth the extra $455 a year to own this card vs its less-expensive sibling. At the highest level, this would make the card earn up to 3.5 points on travel and dining purchases and up to 2.62 points on all other purchases for every dollar spent. Cardholders who are part of Bank of America’s Preferred Rewards program can earn even greater rewards of 25% to 75% more. The Premium Rewards Elite card earns elevated rewards of 2 points per dollar on travel and dining purchases and 1.5 points per dollar on all other purchases. The card does its best to match or exceed what cards like The Platinum Card® from American Express and Chase Sapphire Reserve® have to offer. The Bank of America Premium Rewards Elite Credit Card may appeal to existing Bank of America customers who are looking for an in-house version of an upscale travel credit card. ![]()
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