Bank of America® Premium Rewards® Credit Card vs Bank of America® Premium Rewards® Elite Credit Card

Bank of America® Premium Rewards® Credit CardBank of America® Premium Rewards® Credit Card

Bank of America

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Bank of America® Premium Rewards® Elite Credit CardBank of America® Premium Rewards® Elite Credit Card

Bank of America

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Annual Fee
$95
$550
Card Type
Personal
Personal
Rewards Currency
Bank of America Points
Bank of America Points
Point Value
1.00¢/pt
1.00¢/pt
Base Earn Rate
1.5x
1.5x
Welcome Bonus
60,000 Bank of America Points after $4,000 in 90 days
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Effective return by category

CategoryBank of America® Premium Rewards® Credit CardBank of America® Premium Rewards® Elite Credit Card
Travel2.00%
2x
2.00%
2x
Card Travel Portals2.00%
2x
2.00%
2x
Airfare2.00%
2x
2.00%
2x
Hotels & Lodging2.00%
2x
2.00%
2x
Car Rentals2.00%
2x
2.00%
2x
Dining & Restaurants2.00%
2x
2.00%
2x
Everything else1.50%
1.5x
1.50%
1.5x

Returns are multiplier × point value, using your “smart” setting. Caps and rotating categories affect real-world earnings.

The better question: which one adds more to your wallet?

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