Bank of America® Premium Rewards Elite card review
This credit card is designed for those who want exclusivity and unlimited rewards. Check out the Bank of America® Premium Rewards Elite card review!
by Aline Augusto
Bank of America® Premium Rewards Elite card: unlimited points and exclusive perks
This Bank of America® Premium Rewards Elite card review is about a credit card offered by Bank of America, that offers many different financial solutions for both individuals and businesses. It is one of the largest institutions in the world, and its name is well-known and trustworthy.
Now, it released a credit card full of rewards and perks.
This card is suitable for those who love traveling and want exclusive benefits and status.
Besides the rewards, it offers a fantastic welcome bonus, amazing security features, and much more.
Learn now how it works and all advantages you get by applying and holding this Premium card.
|Regular APR||From 16.24% to 23.24% (variable)|
|Welcome bonus||50,000 online bonus points worth $500|
(plus up to $550 in travel perks)
|Rewards||Unlimited 2 points for each dollar spent on dining and travel purchases;|
Unlimited 1.5 points for each dollar spent on all other purchases
How does the Bank of America® Premium Rewards Elite credit card work?
Next in our Bank of America® Premium Rewards Elite card review, we’ll talk about some of the features the card posesses. Bank of America launched a one-of-a-kind credit card. This Premium Rewards Elite conquers not only by its design but also by its benefits.
It offers a fantastic welcome bonus of 50,000 bonus points worth $500 value, in addition to up to $550 in travel perks.
Also, it gives unlimited points on every purchase you make. And you can earn even more by signing up for the Preferred Rewards program offered by the bank.
Besides the rewards, this card provides you with exclusive benefits, such as 24/7 premium concierge service, luxury hotel, and airport lounge access, travel and car rentals benefits, and protections.
Moreover, you get security and technology features designed for your convenience.
The interest rate varies from 16.24% to 23.24%, and the annual fee is $550.
Bank of America® Premium Rewards Elite benefits
The Bank of America® Premium Rewards Elite offers unlimited 2 points for each dollar spent on dining and travel purchases, plus unlimited 1.5 points for each dollar spent on all other purchases.
The rewards don’t expire, too. Also, you get up to $550 in statement credits annually for qualifying travel purchases.
Besides all that, you earn lifestyle, airfare savings, and travel perks, including luxury hotels and airport lounge access, concierge services, and a whole package of security features.
- It offers unlimited rewards with the opportunity to upgrade them;
- It is excellent for travelers;
- Also, it provides all security features and protections;
- It offers exclusive access to hotels, airport lounges, concierge services, and more;
- It features a welcome bonus;
- The points earned don’t expire.
- It requires an excellent credit score;
- It charges a $550 annual fee;
- Also, it doesn’t offer introductory APR.
How good does your credit score need to be?
A credit card full of exclusive perks requires at least an excellent credit score. It wouldn’t be different with this one. So, if you manage to have the highest score, you can have yours.
How to apply for Bank of America® Premium Rewards Elite card?
If you meet the requirements to hold a Bank of America® Premium Rewards Elite, check out how to apply for it on the link below.
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