Bank of America Premium Rewards Elite

Official issuer page

Key Features

No Foreign Transaction Fees

Travel Portal Redemption

Card Details

Annual Fee:$550

Card Type:Personal

Point System:Travel Rewards

Travel Value (our estimate):1.0¢ per point

Cash Value (our estimate):1.0¢ per point

Bank:Bank of America

Network:Visa Infinite

Type:Bank

Point valuations are RICH with POINTS™ editorial estimates, averaged from published valuations by The Points Guy, Upgraded Points, and Frequent Miler. They are not issuer figures and do not represent guaranteed redemption value.

Signup Bonus

75,000 points

75,000 online bonus points after you make at least $5,000 in purchases in the first 90 days of account opening.

Earning Structure

points per $1 spent on:

Airfare

Airfare (Portal)

Car Rentals

Car Rentals (Portal)

Cruises

Dining

Hotels

Hotels (Portal)

Parking

Toll Fees

Transit

Travel

1.5x

points per $1 spent on:

All Other

Editorial independence

RICH with POINTS™ is an independent publisher. We are not a bank, lender, or credit card issuer, and we are not affiliated with, endorsed by, or sponsored by any card issuer. Card details are collected independently from public sources and have not been reviewed or approved by any issuer. Offers and terms change frequently — always confirm current details on the issuer’s own site before applying.

All product names, logos, card images, and brands are the property of their respective owners. Use of these names, logos, and brands is for identification purposes only and does not imply endorsement or affiliation.