Bank of America Premium Rewards Elite Credit Card: Know the benefits

The Bank of America Premium Rewards Elite card is a credit option that provides a variety of exclusive benefits and advantages to its cardholders.

Designed to meet the expectations of demanding consumers, this card combines attractive rewards with convenience and security features.

When evaluating this card option, it is critical to understand the added value that can be introduced into your daily financial experience.

Bank of America Premium Rewards Elite Credit Card Benefits and Perks

The Bank of America Premium Rewards Elite Card offers a host of benefits and perks, including:

Rewards

• 60,000 bonus points after you spend at least $4,000 on eligible purchases in the first 90 days of your account;
• 2 points per dollar spent on travel and restaurants;
• 1.5 points per dollar spent on all other purchases;
• Points do not expire.

Additionally, it also offers:

• Access to airport lounges around the world with Priority Pass;
• Benefits at luxury hotels with the Visa Signature Luxury Hotel Collection;
• Visa Signature concierge service;
• Zero liability protection;
• Baggage delay insurance;
• Trip cancellation insurance.

Minimum income

The Bank of America Premium Rewards Elite Card has no set minimum income. However, the card is aimed at people with good credit scores. According to Bank of America, applicants must have a credit score of at least 750 to be approved.

However , the minimum income may vary depending on other factors, such as the applicant’s credit history and the amount of credit available in their accounts. If you’re not sure whether you meet the minimum income requirements, it’s always a good idea to contact Bank of America for more information.

Annuity

The Bank of America Premium Rewards Elite Card has an annual fee of $595. That’s a relatively high amount, but the card offers a number of benefits that may justify the cost.

Roof

International.

Flag

Visa.

Rates

The Bank of America Premium Rewards Elite Card has the following fees:

• Annual fee:  US$595.
• Balance transfer fee:  3% of the amount transferred.
• Late payment fee:  30% of the amount of the outstanding installment.
• Late payment fee:  $35.

The card also has a 0% introductory APR on purchases and balance transfers for 12 months. After the initial period, the standard APR is 20.24% to 27.24%, varying depending on your credit score.

Application

The Bank of America app allows customers to access their bank accounts, credit cards and other bank services. The app is available for iOS and Android devices.

In other words, it offers a variety of features, including:

• View balances and transactions:  Customers can view their current balances and recent transactions across all their accounts.
• Bill Payment:  Customers can pay utility bills, loans and other bills directly from the app.
• Money transfers:  Customers can transfer money between accounts or to other people.
• Credit Card Payment:  Customers can use the app to pay with their credit cards.
• Budget Management:  Customers can use the app to create and track budgets.
• Investment Information:  Customers with Bank of America investment accounts can access information about their accounts directly from the app.

Telephone

The Bank of America customer service phone number is 1-800-642-4720. This number is toll-free for Bank of America customers and is available 24 hours a day, 7 days a week.