Bank of America’s NEW BLACK CARD: The Premium Rewards Elite (Full Details) – The Credit Shifu

by YouTube Team

Learn more on the Top Travel Credit Cards:
Credit Shifu Wallets:
Click “show more” for ad disclosure
Like Credit Shifu on FACEBOOK:

SONG FROM OUTRO
Track: Halcyon & Valentina Franco – Runaway (Heuse Remix) [NCS Release]
Music provided by NoCopyrightSounds.
Watch: youtu.be/5bj44xI2oWw
Free Download / Stream: ncs.io/RunawayHeuseRemix
NOTE: The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Advertiser Disclosure: This site is part of an affiliate sales network and receives
compensation for sending traffic to partner sites, such as CreditCards.com. This
compensation may impact how and where links appear on this site. This site does not
include all financial companies or all available financial offers.

source

Related Articles

Leave a Reply

45 comments

The Credit Shifu November 11, 2021 - 6:22 pm

NOTE: I think I forgot to mention it, but this card does give you Priority Pass Lounge access. It is in the brochure on the private jet page

Reply
D H November 12, 2021 - 12:55 am

So exact same multipliers as the $95 card?? :/

Reply
FRANKSWIPE ON TELEGRAM IS THE BEST DUDE November 12, 2021 - 2:12 am

I will always make deal with him⬆️⬆️🖕🖕. He hooked me up on this. He is a life changer💯💯. I really appreciate him🙏🙏🙏

Reply
Zion M November 12, 2021 - 2:17 am

Transfer Partners needed.

Reply
Roger Cushman November 12, 2021 - 2:18 am

Banks are not good at visuals, have you ever seen their security videos?

Reply
Dan November 12, 2021 - 2:35 am

But you still won't be able to purchase a gun with any BofA card, thus making them anti-american because they're against the second amendment. Anf if they don't like what you say, or do, they will cancel your bank account, cards etc… BofA is scum.

Reply
Holly Gardner November 12, 2021 - 2:38 am

Meh

Reply
K Christie November 12, 2021 - 3:00 am

I'll be getting this card…BofA premium rewards is already my card for everyday spending. I dont have to think about categories or whats the best card to use for each transaction. I don't even need to worry about transferring points for hotel or airline ticket. I simply stay or fly where I want and cash in points as a statement credit. This allows me to shop for the best pricing up front and keep my elite benefits. It's really the only card you need.

Reply
Todd Davis November 12, 2021 - 4:01 am

With that kind of fee, they should have transfer partners. Also, The multipliers should be larger than those on their Premium Card which has a $95 fee.

Reply
Diablo November 12, 2021 - 4:04 am

This card is suck

Reply
Alex Chavez November 12, 2021 - 4:06 am

If it's not metal, I don't want anything to do with it

Reply
Saki630 November 12, 2021 - 4:52 am

its a shit card and should give you more cash back or actual usable points.

Reply
Amir Moradi November 12, 2021 - 10:13 am

You can probably just run the image of the card in photoshoot image sharpener. Won't look amazing but probably decent enough

Reply
Cazaril Olsen November 12, 2021 - 12:47 pm

Not an interesting card.

Reply
Anubis November 12, 2021 - 1:06 pm

BofA doing the least

Reply
Logan McNay November 12, 2021 - 3:39 pm

Bank of America is the worst bank I've ever had by far.

Reply
Guachale November 12, 2021 - 4:40 pm

Black cards matter!!

Reply
Kelvin KMS November 12, 2021 - 6:56 pm

Do not trust BoA. They always delete your credit card without your permission !!

Reply
Daniel Crotty November 13, 2021 - 4:03 am

I use the AmEx concierge when I need to make a reservation that has been difficult to obtain. They stay on it and follow up with the restaurant. It was very helpful.

Reply
Majestic W November 13, 2021 - 5:26 am

They made this card for seniors that have been with them for 70 years as a thank you. Those perks seem designed for people who won't require or question much while they capitalize and deny everyone else. They can keep it. The new B of A Black Premium Silver Sneakers card that nobody will get approved for.

Reply
Garry Myers November 13, 2021 - 5:17 pm

Meh

Reply
Clinton Stumpf November 13, 2021 - 7:03 pm

Another premium card to skip. Amex Platinum still reigns at the the top IMO even compared to Amex Centurion. Thanks for the video.

Reply
Les Jean November 13, 2021 - 8:51 pm

The 2 most important factors. Is it a metal card and how much does it weight.

Reply
SAMWELLBOYS2017 November 14, 2021 - 2:18 pm

I want to reassure the potential clients who will read my personal testimonial to make a wise decision, and definitely choose the service of credit lord as your strongest ally and guardian in a difficult battle for your good credit.

Reply
JpsReviews November 14, 2021 - 2:18 pm

Each of the clients that I've sent to their credit lord has had positive results and I will continue to recommend to those in need of a Band Aid for their credit report

Reply
Sorqo November 14, 2021 - 2:18 pm

Each of the clients that I've sent to their credit lord has had positive results and I will continue to recommend to those in need of a Band Aid for their credit report

Reply
Kaykayofficialxo November 14, 2021 - 2:18 pm

I realize not everyone has the same credit problems but these folks were fast and really worked for me. credit lord

Reply
Fun with India November 14, 2021 - 2:18 pm

I realize not everyone has the same credit problems but these folks were fast and really worked for me. credit lord

Reply
JPavilion November 14, 2021 - 4:19 pm

Just like how capital one venture x … this card is just as useless as that

Reply
Eyas November 14, 2021 - 5:21 pm

Can you share this brochure?

Reply
Linked....recommended webdack on telegram November 15, 2021 - 4:14 pm

☝️☝️ I got this guy for Real nice making Deal with I am so grateful☝️☝️ I come Across him ☝️☝️he is so genius don’t hesitate to dm him if you need☝️☝️ anything ☝️

Reply
Linked....recommended webdack on telegram November 15, 2021 - 4:14 pm

☝️☝️ I got this guy for Real nice making Deal with I am so grateful☝️☝️ I come Across him ☝️☝️he is so genius don’t hesitate to dm him if you need☝️☝️ anything ☝️

Reply
Lost American November 15, 2021 - 8:45 pm

It sucks

Reply
Ryan Johnston November 16, 2021 - 3:12 am

I left the travel partners and such behind as they are no longer worthy deals in the Era of demand pricing for airline rewards. B of A gives more points than sapphire and they are used for more stuff. The only thing bad is that the lifestyle credit should be bigger as it is hard to spend 300 in airline incidentals

Reply
Ryan Johnston November 16, 2021 - 3:13 am

Most airline transfers are below 3% for business class or better, which is my historical cut off.

Reply
Ryan Johnston November 16, 2021 - 3:14 am

Also, Amex is not accepted everywhere or is more expensive in many places I have been to. So it is more of a status card than not.

Reply
kiwikimmyd November 16, 2021 - 5:04 am

I always just find their stuff too complicated. Like instead of saying you get 5.25% cash back, it’s .75 booster. And then there can be quarterly caps their app doesn’t help you keep track of. Like…just too complicated.

I’m glad they’re trying to compete, but this is years after chase issued a card and it’s pretty expensive.

Pro tip- you mentioned getting stuff with citi without the deposit. Once you qualify for preferred after 3 months, you don’t have to keep the money in to stay in the program. You get it for 13 months even if you bring balance to nil.

Reply
John Horton November 16, 2021 - 7:20 pm

It doesn’t look like I am getting this card. I am looking at the new capital one card.

Reply
Jim Rich November 16, 2021 - 9:22 pm

Interesting how Capitol 1 (Venture X) and Bank of America (Premium Rewards Elite) are getting into the premium card market but Citibank exited the premium market (Citi Prestige) on July 1, 2021.

Reply
Chase Yokoyama - Finance, but Make It Fun November 16, 2021 - 11:12 pm

I can't believe they were able to release this as a "premium" credit card.

Reply
lewis20002000 November 18, 2021 - 6:29 pm

Even for the high net individual of BoA, the CAP1X is still a better deal. It's really weird, but it's like BoA & Hyatt created their latest CC in a vacuum, neither is make you feel like "yeah" that's a keeper card. Top rental car status with Avis is awesome, the other car status is easy to and not a really value to most of us in the community.

Reply
Cornelius Boomer November 18, 2021 - 8:11 pm

The annual fee should be $300 because the muitpliers are extremely low and no transfer partners. But overall, no one ain't going to apply this card.

Reply
C V November 19, 2021 - 7:09 pm

Hey CS, great video. Are you planning to create a video to assess which CC will be best from a benefits perspective for different use cases. E.g. for car rental – would CSR be best considering primary coverage or for air travel – would Amex Bonvoy be best considering life, trip delay and baggage coverage? I do that assessment when I travel which adds a lot of value to a card especially while traveling.

Reply
Vincent Young November 21, 2021 - 7:57 am

Don’t use Bank of America, they are an anti American garbage company.

Reply
Mitsu Hadeishi November 21, 2021 - 3:45 pm

This is not a premium card. No transfer partners? Points are worth 1.2 cents and only for airlines. PriorityPass is meh. It's barely better than the MasterCard "Luxury Card". Hard pass.

Reply