What makes this credit card offer different
This credit card offer is a points-or-miles bonus, so the real value depends on how you redeem the rewards rather than only the headline count.
Credit Card
Bank of America Premium Rewards Elite Bonus — Up to 75,000 Points
Sign up for Bank of America Premium Rewards Elite Bonus and earn up to $750 in bonus rewards.
See all Bank of America offers →
Qualifying Period
Within 90 days of account opening
Requirements
- ✓Spend at least $5,000 in purchases within the first 90 days of account opening
- ✓Minimum $5,000 in purchases within first 90 days of account opening
- ✓Spend $5,000 on purchases in first 90 days
- ✓Min $5,000 spend in first 90 days
- ✓Minimum $5,000 spend in first 90 days
- ✓$5,000 in purchases within first 90 days
- ✓Minimum $5,000 in purchases within 90 days of account opening
- ✓$5,000 in purchases within 90 days of account opening
Restrictions
- ⚠New cardholders only
- ⚠Subject to credit approval
- ⚠New cardmember offer
- ⚠New applicants only
- ⚠Must spend $5,000 in purchases within 90 days of account opening
- ⚠Credit approval required
Fees
- $550 annual fee
- Up to $300 annual airline incidental credit
- Up to $150 annual lifestyle conveniences credit
- Up to $100 TSA PreCheck/Global Entry credit every 4 years
- Up to $300 airline incidental statement credit per calendar year
- Up to $150 lifestyle conveniences statement credit per calendar year
- Up to $100 Global Entry/TSA PreCheck statement credit (every four years)
- Up to $300 annual airline incidental statement credit
- Up to $150 annual lifestyle statement credit
- Up to $100 Global Entry or TSA PreCheck credit every 4 years
- Points do not expire as long as the account remains open with active charging privileges
- Up to $300 annual airline incidental statement credit
- Up to $150 annual lifestyle convenience statement credit
- Up to $100 every 4 years for TSA PreCheck/Global Entry
- Priority Pass Select membership included
- Up to $150 annual lifestyle statement credit
- Up to $100 statement credit for TSA PreCheck/Global Entry every 4 years
- Points do not expire as long as account remains open
- Points redeem at 1 cent per point for most redemptions; 1.25 cents per point for airfare through Bank of America Travel Center with 20% discount
- Preferred Rewards members earn 25%-75% bonus points on purchases
- Up to $120 in TSA PreCheck/Global Entry credits every 4 years
- Up to $100 TSA PreCheck/Global Entry credit (every 4 years)
- Priority Pass Select airport lounge membership
- Points do not expire as long as account remains open with active charging privileges
- Preferred Rewards members earn 25-75% additional points based on tier
- Points can be redeemed for travel, cash back, statement credits, distinctive experiences, or gift cards
- Preferred Rewards members earn 25-75% additional points on purchases
- No foreign transaction fees
- Subject to Bank of America's 2/3/4 card approval rule
- 75,000 bonus points valued at $750 cash equivalent (1 cent per point standard redemption)
- Bonus points earn 25%-75% more through Preferred Rewards program based on deposit/investment balances
- Up to $150 annual lifestyle statement credit (streaming, food delivery, rideshare, fitness)
- Up to $100 statement credit for Global Entry or TSA PreCheck every four years
- If account is closed, points must be redeemed within 90 days or will be forfeited
Last updated June 1, 2026
How to evaluate Bank of America Premium Rewards Elite Bonus
Before applying, compare the welcome bonus against the annual fee, minimum spend, rewards currency, and issuer eligibility rules for repeat cardholders.
Qualification checklist
Timing
- Qualifying period
- Within 90 days of account opening
How to qualify
- Spend at least $5,000 in purchases within the first 90 days of account opening
- Minimum $5,000 in purchases within first 90 days of account opening
- Spend $5,000 on purchases in first 90 days
- Min $5,000 spend in first 90 days
Common pitfalls
- New cardholders only
- Subject to credit approval
- New cardmember offer
- New applicants only
What makes this offer different
Bonus value versus similar offers
The sign-up bonus is below the current nearby $3,025 median, so the requirements and any referral or portal stack matter more.
Requirement clarity
Credolix has extracted 4 requirements for this offer, so compare the bonus against the actual steps rather than the headline payout alone.
Frequently Asked Questions
How long do I have to qualify for Bank of America Premium Rewards Elite Bonus?
The qualifying period listed for Bank of America Premium Rewards Elite Bonus is Within 90 days of account opening.
