Travel card · Bank of America

Bank of America Premium Rewards Elite

Bank of America Premium Rewards Elite is the premium travel card: a $550 annual fee as of 2026, travel credits, and 2 points per dollar on travel and dining.

Annual fee $550 (as of 2026)Bank of AmericaVisaTravel
The Bank of America Premium Rewards Elite card, drawn — this is an illustration, not the card's artwork.

Card facts

IssuerBank of America
NetworkVisa
TypeTravel
Annual fee$550 (as of 2026)
Rewards2 points per dollar on travel and dining, and 1.5 points per dollar on everything else.
Interest rateVariable — the issuer's official page lists the current rate.

Every fact above is taken from the sources listed below; anything no source states is left blank rather than guessed. Annual fees and rewards change — every figure on this page carries its year, and the issuer's official page is always the current one.

Rewards, in plain words

2 points per dollar on travel and dining, and 1.5 points per dollar on everything else.

Who it is built for

Built for travellers who use the travel and lifestyle credits.

Current details — visit the official Bank of America Premium Rewards Elite page. Annual fees, rewards and interest rates change; the issuer's own page is always the current one.

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Frequently asked questions

What is the Bank of America Premium Rewards Elite?

Bank of America Premium Rewards Elite is the premium travel card: a $550 annual fee as of 2026, travel credits, and 2 points per dollar on travel and dining.

Does the Bank of America Premium Rewards Elite have an annual fee?

Yes — the annual fee is $550 (as of 2026).

What rewards does the Bank of America Premium Rewards Elite earn?

2 points per dollar on travel and dining, and 1.5 points per dollar on everything else.

Who issues the Bank of America Premium Rewards Elite?

The Bank of America Premium Rewards Elite is issued by Bank of America and runs on the Visa network.

Sources

Page last updated 14 November 2026.