Bank of America® Premium Rewards® Elite
Bank of America
Last updated July 7, 2026
Why This Card
Bank of America's premium travel card at $550/year. Includes a $300 travel credit, $150 lifestyle credit and 4 Priority Pass memberships. The real play is pairing it with Preferred Rewards, where the base earn rate jumps significantly. Without that status, there are better options.
Offer History
FAQ
What is the welcome bonus on the Bank of America® Premium Rewards® Elite?
The current welcome bonus on the Bank of America® Premium Rewards® Elite is 50,000 after spending $3,000 in 90 months.
What is the annual fee on the Bank of America® Premium Rewards® Elite?
The annual fee on the Bank of America® Premium Rewards® Elite is $550.
Is the Bank of America® Premium Rewards® Elite a good card for award travel?
The Bank of America® Premium Rewards® Elite is built for other earning. Combined with AwardClaw's award-drop alerts, you can use the welcome bonus to book premium-cabin saver-level redemptions identified within hours of inventory loading.
Interested in Bank of America® Premium Rewards® Elite?
Check current offers and apply on the issuer's website.