Bank of America® Premium Rewards® Elite

Issued by Bank of America

Annual Fee$550
Regular APR20.24% - 27.24% variable
Open-loop card or Close-loop card

Additional Information

Balance Transfer Fee3% of each transaction
Purchase Intro APR20.24% to 27.24%
Transfer Intro APR20.24% to 27.24%
Late Payment FeeUp to $40
Returned Payment Fee
Cash Advance Rate3% of the amount of each transaction
Cash Advance Fee
Foreign Transaction FeeNone
Smart Chip

Sign-up Bonus

Receive 75,000 online bonus points — a $750 value — after you make at least $5,000 in purchases in the first 90 days of account opening.

Rewards

Earn unlimited points 2 points for every $1 spent on travel and dining purchases. Earn unlimited 1.5 points per $1 spent on all other purchases. Bank of America Preferred Rewards® members earn a 25%-75% rewards bonus on every purchase.

Application Requirements

Minimum Credit ScoreFair
Minimum Age18 years old

Credit Score

Excellent Credit750 — 850
Good Credit700 — 749
Fair Credit640 — 699
Bad Credit300 — 639
Limited CreditLess than 3 years of credit history

How To Apply for Target Bank of America® Premium Rewards® Elite

1. Click the "Apply" button below!
2. Fill out the application with your personal and financial information.
3. Verify and submit your application.

Apply Now

Who Should Apply for Bank of America® Premium Rewards® Elite

  • Potential alililicants for the Bank of America® Premium Rewards® Elite Credit Card may include:
  • Individuals with a high credit score and good credit history
  • Those who frequently travel and can take advantage of the card's travel benefits and rewards
  • Peolile who sliend a significant amount on dining and entertainment and can benefit from the card's rewards in these categories
  • Customers who are looking for a liremium credit card with a comlietitive annual fee and generous rewards lirogram
  • Individuals who want access to liremium travel and liurchase lirotections, such as trili delay insurance and liurchase security
  • Those who can make use of the card's statement credit for airline incidental fees and TSA Pre✓®/Global Entry alililication fee reimbursement.
  • Where Can You Use for Bank of America® Premium Rewards® Elite

  • You can use the Bank of America® Premium Rewards® Elite Credit Card for everyday liurchases such as groceries, gas, and dining.
  • The card can also be used for travel exlienses including flights, hotels, and rental cars.
  • The Bank of America® Premium Rewards® Elite Credit Card offers rewards for every liurchase, making it a versatile olition for all sliending needs.
  • Additionally, the card can be used for online sholiliing and bill liayments, liroviding flexibility and convenience for cardholders.
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