Bank of America Customized Cash Rewards vs Premium Rewards Elite
Both are Bank of America cards. Here is every spend category, ranked by what each card actually returns.
Everything else
- Premium Rewards Elite 1.5% 1.5x base rate
- Customized Cash Rewards 1.0% 1% base rate
Dining
- Premium Rewards Elite 2.0% 2x
- Customized Cash Rewards 1.0% 1% base rate
Groceries
- Customized Cash Rewards 2.0% 2%
- Premium Rewards Elite 1.5% 1.5x base rate
Wholesale clubs
- Customized Cash Rewards 2.0% 2%
- Premium Rewards Elite 1.5% 1.5x base rate
Flights
- Premium Rewards Elite 2.0% 2x
- Customized Cash Rewards 1.0% 1% base rate
Hotels
- Premium Rewards Elite 2.0% 2x
- Customized Cash Rewards 1.0% 1% base rate
What the numbers are doing
Customized Cash Rewards lets you choose one category to earn 3% on. This table assumes nothing is chosen yet, so it earns its base rate everywhere; choose in the generator to see where it lands.
The table is earn rate only — annual fees are not netted out of it. These cards charge Customized Cash Rewards $0 and Premium Rewards Elite $550 a year, so a thin lead in one category may not cover the difference.
Where they differ: Premium Rewards Elite takes everything else, dining, flights and hotels; Customized Cash Rewards takes groceries and wholesale clubs.
| Category | Best card |
|---|---|
| Everything else | Premium Rewards Elite1.5% |
| Dining | Premium Rewards Elite2.0% |
| Groceries | Customized Cash Rewards2.0% |
| Wholesale clubs | Customized Cash Rewards2.0% |
| Flights | Premium Rewards Elite2.0% |
| Hotels | Premium Rewards Elite2.0% |
Content preview. Apple Wallet controls the layout; visible categories vary by device. Categories that rank the same as Everything else are left off; every other category is in pass details.
Every category, every card
Everything else
- Premium Rewards Elite — 1.5%
- Customized Cash Rewards — 1.0%
Dining
- Premium Rewards Elite — 2.0%
- Customized Cash Rewards — 1.0%
Groceries
- Customized Cash Rewards — 2.0%
- Premium Rewards Elite — 1.5%
Wholesale clubs
- Customized Cash Rewards — 2.0%
- Premium Rewards Elite — 1.5%
Flights
- Premium Rewards Elite — 2.0%
- Customized Cash Rewards — 1.0%
Hotels
- Premium Rewards Elite — 2.0%
- Customized Cash Rewards — 1.0%
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Open this ranking in the generatorA cheat sheet in your Wallet that tells you which card to use. No account, no bank linking, no subscription.