COMPARE YOUR OPTIONS
A closer look, side by side.
Fees, rewards, and benefits — with room to see the differences.
|
Bank of America
Premium Rewards Elite
VISA
Bank of America remove | |
|---|---|
| Annual fee | $550 |
| Foreign txn fee | 0% |
| Rewards | Bank of America Points |
| Credits (realistic / face) | $360 / $480 |
| Earning by category | |
| Everything else | 1.5% 1.5x BofA pts |
| Dining & restaurants | 2% 2x BofA pts |
| Food delivery apps | 2% 2x BofA pts |
| Travel (general) | 2% 2x BofA pts |
| Airfare (booked direct) | 2% 2x BofA pts |
| Hotels (booked direct) | 2% 2x BofA pts |
| Vacation rentals | 2% 2x BofA pts |
| Rental cars | 2% 2x BofA pts |
| Cruises | 2% 2x BofA pts |
| Transit | 2% 2x BofA pts |
| Rideshare | 2% 2x BofA pts |
| Parking & tolls | 2% 2x BofA pts |
| Issuer travel portal | 2% 2x BofA pts |
| Online travel agencies | 2% 2x BofA pts |
| Protections | |
| rental car | primary |
| cell phone | — |
| purchase protection | 90 days, up to $10,000 per claim / $50,000 per cardholder |
| extended warranty | Doubles the manufacturer's warranty, up to 1 additional year |
| trip cancellation | Up to $2,500 |
| trip delay | Up to $500 per ticket |
| baggage delay | Up to $100/day, max 5 days |
| return protection | Up to $300 per item, $1,000 per year |
| Benefits | |
| No foreign transaction fees | ✓ No foreign transaction fees |
| Priority Pass Select | ✓ Priority Pass Select — cardholder plus up to 2 guests per visit; membership also extended to authorized users (up to 3 additional memberships) |
| Boosted portal redemption value | ✓ 20% off airfare when paying with points through BofA Travel Center (~1.2 cents/point) |
| Other | ✓ BofA Rewards (formerly Preferred Rewards) bonus: +10% Member / +25% Preferred Plus ($30k) / +50% Preferred Honors ($100k) / +75% Premier ($1M) — set your tier in Settings |
| Concierge service | ✓ Visa Infinite Concierge |