Bank of America Premium Rewards Elite

Earn 75,000 bonus points, worth $750, when you open a new account. Spend $5,000 on purchases within the first 90 days to qualify. Points post after the spending threshold is met.

Bank of America Preferred Rewards members earn a 25%–75% bonus on top of every point they earn with this card. Your bonus tier is based on your combined average monthly balance across qualifying Bank of America and Merrill accounts. Enroll in Preferred Rewards through Bank of America to activate the boost.

Save 20% on airfare when you pay for flights with your points. The discount applies to domestic and international flights in any cabin class. You must redeem points at time of booking to receive the savings.

Earn 2 points per dollar on all travel and dining purchases with no cap on how much you can earn. Points accumulate automatically — no activation or enrollment needed.

Earn 1.5 points per dollar on every purchase that doesn't fall under the travel or dining categories. There's no cap on earnings, so all eligible spending counts. Points post automatically with each qualifying transaction.

Get up to $120 back as a statement credit when you pay your Global Entry or TSA PreCheck application fee with the card. You can use this credit once every four years. Only one program fee is covered per reimbursement period.

Get up to $150 back per year as statement credits on everyday lifestyle purchases. Covered categories include video streaming, food delivery, fitness subscriptions, and rideshare services. The $150 limit resets each calendar year.

Get up to $300 back per year as statement credits on airline incidental charges. Covered purchases include seat upgrades, checked baggage fees, airline lounge fees, and in-flight services. The $300 limit resets each calendar year.

Book stays at premium hotels in the Visa Infinite Luxury Hotel Collection to get perks like complimentary daily breakfast for two, automatic room upgrades, and late checkout. You must book through the Visa Infinite portal to access these benefits. Upgrades and late checkout are subject to availability.

When you redeem points for flights, you get a 20% discount on the points required, making each point worth about 1.25 cents toward airfare. This applies to any cabin class on domestic or international routes when booked through the Bank of America Travel Center or the card's concierge.

Get up to four complimentary Priority Pass Select memberships, giving each member free unlimited access to airport lounges and experiences worldwide. Enroll each cardholder or authorized user separately to activate their membership.

Get complimentary status upgrades, VIP amenities, and discounts at Avis, Hertz, and National through Visa Infinite car rental benefits. Book your rental using the card to access these perks. Benefits and availability vary by rental company and location.

Travel insurance covers trip delays, cancellations, and interruptions when you book with the card. Additional protections include baggage delay, lost luggage reimbursement, roadside assistance, and emergency evacuation and transportation. Coverage limits and qualifying conditions apply.

Cardholders have around-the-clock access to a full-service concierge who can book travel, make dinner reservations, secure event tickets, and handle other personal requests. The service is available 24/7 from anywhere in the world at no extra charge.

This card charges no foreign currency conversion fees on purchases made outside the U.S., whether in person or online. The savings apply automatically to every eligible transaction — no enrollment or setup required.

This card adds no extra fees on international purchases, whether you're traveling abroad or shopping from a foreign merchant online. You pay only the purchase amount, with no percentage tacked on by Bank of America for transactions in a foreign currency.