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Bank of America Launches New Premium Travel Credit Card

Bank of America has launched its own premium credit card to compete with the likes of the Chase Sapphire Reserve, American Express Platinum Card, and Capital One Venture X. The new Bank of America Premium Rewards Elite credit card offers a handful of travel and lifestyle benefits but doesn't pack as much of a punch in the rewards department as its competitors. After being dominated by the Platinum Card from American Express for a few decades, the premium credit card market has heated up in recent years.