Premium Rewards Elite

Cardholders receive an annual statement credit for incidental airline fees such as checked baggage, seat upgrades, and in-flight purchases charged to the card. The credit applies to a selected qualifying airline.

A statement credit reimburses the application fee for either Global Entry (up to $100) or TSA PreCheck (up to $85) once every four to four-and-a-half years when charged to the card.

Cardholders receive complimentary access to a network of airport lounges, potentially including Priority Pass or a comparable lounge network, for themselves and a limited number of guests.

Cardholders have access to a dedicated concierge service that can assist with travel bookings, dining reservations, event tickets, and other lifestyle requests around the clock.

Offers reimbursement for loss, damage, or delay of baggage when the cardholder's common carrier ticket was purchased with the card.

Cardholders who are Bank of America Preferred Rewards members at the Platinum Honors or Diamond tier may receive enhanced rewards rates or fee reductions tied to their banking relationship status.

Provides reimbursement for non-refundable trip costs if a covered trip is cancelled or interrupted due to illness, severe weather, or other covered reasons when travel is purchased with the card.

Reimburses cardholders for reasonable out-of-pocket expenses such as meals and lodging when a covered trip is delayed beyond a minimum number of hours and the trip was charged to the card.

Provides primary or secondary coverage for theft and collision damage on eligible rental vehicles when the full rental cost is charged to the card and the cardholder declines the rental company's collision damage waiver.

Extends the original U.S. manufacturer's warranty on eligible purchases made with the card, typically doubling the warranty period up to an additional year.

Covers eligible new purchases against theft or accidental damage for a set period after the purchase date when bought with the card.

An annual credit that offsets eligible dining and entertainment purchases, helping to reduce the effective annual fee cost for cardholders who use the benefit regularly.

$550 Annual Fee