How to use the Premium Rewards Elite Airline incidental credit
ValueUp to $300 / year
ResetsAnnual
This window closesDecember 31, 2026
What it is
Up to $300 in statement credits each year on qualifying airline incidental fees with any airline, such as checked bags, seat upgrades, lounge day passes and in-flight purchases. Airfare is not covered.
Summarized from Bank of America’s published terms, checked October 1, 2026. Terms change — confirm details with Bank of America before you rely on them.
When it resets
One window per calendar year, ending December 31.
The current window closes on December 31, 2026 — 91 days from today.
How not to lose it
- This resets with the calendar year. December is when most people remember, so book early if availability is limited.
- Don’t wait for the last day. Statement credits can take days to post, and a purchase that settles after the window closes may not count.
- Pay with the Premium Rewards Elite. The credit only follows purchases charged to the card that carries it.
Other Premium Rewards Elite credits
- Lifestyle creditUp to $150 / year