- Sign-Up Bonus
- 3.5
- Spending Multipliers
- 3
- Credits & Features
- 4.5
- Fees
- 2.5
- Application
- 5
- Issuer
- NaN
Summary
- Sign-Up Bonus
- 3.5
- Spending Multipliers
- 3
- Credits & Features
- 4.5
- Fees
- 2.5
- Application
- 5
- Issuer
- NaN
The Bank of America Premium Rewards Elite credit card is a top-tier travel rewards card tailored for frequent travelers who want luxury perks, premium protections, and elevated lifestyle benefits. With up to $300 in airline incidental statement credits, $150 in annual lifestyle credits for streaming, food delivery, fitness, and rideshare, a $120 Global Entry or TSA PreCheck credit every four years, and up to four complimentary Priority Pass Select lounge memberships, this card is ideal for business travelers, jet-setters, and U.S.-based frequent flyers seeking comfort and convenience while traveling. Additional protections—including roadside assistance, trip cancellation/interruption insurance, trip delay and baggage delay coverage, lost luggage reimbursement, and emergency evacuation—ensure peace of mind on every journey. While the annual fee is not waived in the first year and non-bonus purchases earn 1.5x points, the Bank of America Premium Rewards Elite card is best suited for travelers who can maximize its premium credits, lounge access, and robust travel insurance benefits.
Pros
Cons
Issuer
Spending Multipliers
Credits & Features
Application
- Ability to get some BoA cards without a SSN or credit history
- BoA has a 2/3/4 role, meaning you can only be approved for 2 cards in 2 months, 3 cards in 12 months, and 4 cads in 24 months
- You cannot get this card if you currently have or have had it in the past 24 months
Fees
- $550 Annual Fee
- No Foreign Transaction Fee
- Up to $41 late fee
- 19.49% - 27.49% Variable APR
- 29.24% APR for Cash Advance
- 5% of each cash advance transaction
- 19.49% - 27.49% APR for Balance Transfer
- 5% of each transfer amount