Earn unlimited 2 points for every dollar spent on travel and dining purchases.
Receive up to $300 in travel statement credits each year towards travel purchases.
Get a $100 statement credit for Global Entry or TSA Pre✓® application fees.
Access to Priority Pass™ Select for unlimited airport lounge visits.
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Introducing the Bank of America Premium Rewards Elite Credit Card, a top-tier choice for U.S. residents seeking unmatched travel benefits and cash back rewards.
Designed with high spenders in mind, it offers elevated reward points on every purchase.
With this card in your wallet, enjoy luxury travel perks that are perfect for both business and leisure travelers alike.
This benefit immediately helps you save by turning your everyday travel and dining expenses into rewards.
Every dollar you spend on these categories earns you 2 points, effectively giving you a 2% return on your expenditures.
For instance, if you spend $500 a month on eating out and travel, you'll earn 1,000 points monthly.
Over a year, this translates to 12,000 points, adding substantial value to your spending.
These points can be redeemed for cashback, flights, hotel stays, or other rewards, reducing future travel and dining costs.
In this way, the card encourages smarter spending by offering tangible returns on everyday expenses.
With this benefit, you enjoy significant savings on your travel expenses each year.
This is especially advantageous for frequent travelers who can utilize the travel statement credits.
By spending on eligible travel purchases, you receive up to $300 back, effectively lowering your annual travel budget.
Imagine booking a flight or hotel stay and receiving part of that expense credited back to your account.
This reduces the out-of-pocket cost, allowing you to allocate funds to other needs or experiences.
The travel statement credits enhance your travel affordability, making it easier and less costly to explore new destinations.
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One of the standout ways this credit card helps save money is through the $100 statement credit for Global Entry or TSA Pre✓® application fees.
This benefit effectively offsets the cost of these programs, which provide expedited security and customs screening, saving you both time and money.
For instance, if you travel frequently, avoiding long queues at airports can mean more time spent on productive activities or with family.
Without this credit, the application fees would be a direct out-of-pocket expense.
Using this benefit every five years aligns perfectly with Global Entry's renewal period, ensuring consistent savings.
This card offers unlimited access to Priority Pass™ Select airport lounges, a feature that contributes to substantial savings.
Instead of spending money at expensive airport cafes or restaurants, you can relax in lounge comfort, enjoying complimentary food and beverages.
The lounges often provide Wi-Fi and power outlets, allowing for productive use of wait times at no additional cost.
Yearly lounge memberships can be costly, but with this benefit, you gain access without incurring extra expenses.
Frequent flyers will appreciate how lounge visits transform airport waiting into a cost-effective and comfortable experience.