American Express and Bank of America travel credits expire on December 31
Check your credit card accounts before the end of December.
The short version
- Benefits like airline incidental credits and hotel perks reset on January first.
- Unused quarterly and annual credits will disappear if you miss the deadline.
- Make sure your charges post before the new year starts.
Why it matters to you. For your business or household budget, leaving these credits on the table means throwing away hundreds of dollars in free value.
Check your credit card accounts right now before the clock runs out on December 31. According to Doctor Of Credit, a website that tracks credit card deals, major perks from American Express, the credit card giant, and Bank of America, the big retail bank, are about to expire or reset.
If you hold an American Express Platinum card or a Bank of America Premium Rewards card, your unused travel credits, airline incidental refunds, and shopping perks will vanish if you do not use them in time. Take American Express, which issues the Platinum card with airline credits, hotel perks, and shopping bonuses.
You have until December 31 to use up your remaining hotel credits, Lululemon clothing perks, and Uber credits, which jump to $35 for the month of December. Business owners carrying the American Express Business Platinum card need to check their Dell and Adobe spending credits before the year ends.
The charges must actually post to your account before midnight on December 31, so do not wait until the final hours to make your purchases. Applying for new cards right now can also trigger a double-dip credit for the current year. Do not let the bank keep money that belongs in your pocket.
About American Express
American multinational financial services corporation
- Share price
- $320.60+0.80% last trading day
- Revenue
- $38.8 billiona year, 2024
- Founded
- 1850by William Fargo
- Based in
- New York City
- Chief executive
- Stephen Squeri
- Owned by
- ShareholdersNYSE: AXP
From Wikipedia and Yahoo Finance. Figures can be a year or two old.
Figures as reported by Doctor Of Credit.
