The Bank of America Premium Rewards Elite Credit Card, issued by Bank of America, is a Visa Infinite credit card made of metal.
Card Details
| Bank of America® Premium Rewards® Elite Credit Card | |
|---|---|
| Network / Tier | Visa · Visa Infinite |
| Issuer | Bank of America |
| Annual Fee | $550.00 213th Effective: $100.00 • $300 Airline Incidental Credit • $150 Lifestyle Credit |
| Foreign Transaction Fee | None 1st |
| Authorized User Fee | $0.00 1st |
| Min. Credit Line | $10,000 1st |
Welcome Offer
| Bonus | 75,000 Points |
| Min. Spend | $5,000 |
| Timeline | 90 days |
| Efficiency | 15.00 pts/$1 |
| Cash Value | — |
| Portal Value | — |
| Transfer Value | — |
Rewards Breakdown
| Base Rate | 1.50x 39th |
| Restaurants | 2.0% 45th |
| Travel | 2.0% 32nd |
| Anniversary Bonus | None |
Pricing Details
| Purchase APR | 27.24%–34.24% |
| Cash Advance APR | 36.99% 112th |
| Cash Advance Fee | 5% 14th |
| Balance Transfer Fee | 3% 1st |
| Late Fee | Up to $40 36th |
| Return Payment Fee | Up to $40 62nd |
| Min. Interest | $1.50 56th |
| Grace Period | 25 days 5th |
| Penalty APR | None |
| Intro APR Period | None |
Benefits & Partners
| Transfer Partners | None |
| Annual Credits | $300 Airline Incidental Credit $150 Lifestyle Credit |
| Partnership Benefits | None |
Strategy & Eligibility
| Min. Credit Score | 720+ |
| Recommended Range | Excellent |
| Chase 5/24 Rule | No |
| Lifetime Restriction | None |
| Active Family Restriction | Yes (The 2/3/4 Rule: Bank of America will approve you for at most 2 cards per rolling 2 months, 3 cards per rolling 12 months, and 4 cards per rolling 24 months.) |
| Closure Grace Period | None |
| Credit Reporting | Experian, Equifax, TransUnion |
| Product Lifecycle | Available (5y ago) |
Access & Resources
| Digital Wallets | Apple Pay, Google Pay, Samsung Pay |
| Customer Service | Unverified |
| Instant Use | No |
Comparisons
See how the Bank of America Premium Rewards Elite Credit Card compares to other cards.