Bank of America® Premium Rewards® Elite Credit Card vs Chase Sapphire Reserve®

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

Bank of America

Loading...
Chase Sapphire Reserve®Chase Sapphire Reserve®

Chase

Loading...
Annual Fee
$550
$795
Card Type
Personal
Personal
Rewards Currency
Bank of America Points
Chase Ultimate Rewards
Point Value
1.00¢/pt
2.00¢/pt
Base Earn Rate
1.5x
1x
Welcome Bonus
—
100,000 Chase Ultimate Rewards after $6,000 in 3 months

Effective return by category

CategoryBank of America® Premium Rewards® Elite Credit CardChase Sapphire Reserve®
Card Travel Portals2.00%
2x
16.00%
8x
Airfare2.00%
2x
8.00%
4x
Hotels & Lodging2.00%
2x
8.00%
4x
Dining & Restaurants2.00%
2x
6.00%
3x
Travel2.00%
2x
2.00%
1x
Car Rentals2.00%
2x
2.00%
1x
Everything else1.50%
1.5x
2.00%
1x

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?

Ask the Advisor