Fee Report
Bank of America Premium Rewards Elite Fee Report
See the annual fee, verified credits, projected value, and whether this card may be worth keeping.
Annual Fee
$550
Issuer
Bank of America
Card Type
Credit Card
Why WorthTheFee Calculates It This Way
We separate hard statement credits from estimated perks.
We only count benefits with clear issuer-stated dollar amounts.
We do not inflate ROI with subjective values.
Lounge access, status, and other perks are listed separately.
You can track your actual usage.
Add how much value you actually receive to see your true ROI.
Renewal recommendations are based on real value.
We help you decide based on what you actually get back.
Verified Benefit Receipt
Statement credits and savings we can verify from issuer benefit terms.
$100 Global Entry/TSA PreCheck
Resets annually
$150 Lifestyle Credit
Resets annually
$300 Airline Incidental Credit
Resets annually
We only assign dollar values to benefits with clear issuer-stated amounts. Perks like lounge access and status are listed separately.
Premium Benefits Without Fixed Dollar Values
These benefits are incredibly valuable but the value depends on how you use the card.
Priority Pass Lounge Access
These benefits may be valuable, but the value depends on how you use them.
Verified Statement Credits
What counts as “verified”?These are benefits that provide statement credits or savings with clear issuer-stated dollar amounts.
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