Premium Rewards® Elite from Bank of America Review

All benefits

• Points
  • 2x On travel and dining purchases.
  • 1.5x On all other purchases.
• Travel
  • $300 Up to $300 annually in Airline Incidental Statement Credits for qualifying purchases such as seat upgrades, baggage fees, airline lounge fees and in-flight services.
  • $150 Up to $150 annually for lifestyle conveniences including streaming services, food delivery, fitness subscriptions and rideshare services.
  • $100 Up to $100 in statement credits for either Global Entry or TSA PreCheck® application fees, every four years.
  • 20% Save 20% on domestic or international airfare for any class when you pay with points.

Rate and fee information

• Purchase Intro APR
  • None
• Purchase APR
  • 21.24% - 29.24% Variable
• Intro Balance Transfer APR
  • None
• Balance Transfers APR
  • 21.24% - 29.24% Variable
• APR for Cash Advances
  • 24.24% - 29.24% Variable (for Direct Deposit and Check Cash Advances)
    29.24% Variable (for Bank Cash Advances)
• How to Avoid Paying Interest
  • Your due date is at least 25 days after the close of each billing cycle. You will not be charged any interest on purchases if you pay your entire balance by the due date each month.

Fees

Pros & Cons

Features

• No foreign transaction fees
• Rewards
• Bonus points
• Free Credit Score
• Travel
• Airline
• Excellent Credit