Skip to content
Credit Card Coups
BENEFITS/LIFESTYLE CREDIT
BANK OF AMERICA

Lifestyle Credit

Statement credit for qualifying rideshare, food delivery, video streaming, and fitness purchases at select merchants. Applied automatically.

Which cards have it: Bank of America Premium Rewards Elite ($550 fee).

Terms & conditions →
TYPECreditPosts back to your card bill
RESETSCalendar YearUnused credit does not roll over
ENROLLMENTAutomaticNo action needed to activate
GOOD ATSee termsU.S. locations
FACE VALUE
$150/ yr
Bank of America Premium Rewards Elite$150/YR
ON THE BANK OF AMERICA PREMIUM REWARDS ELITE, RESETS CALENDAR YEARThis year's $150 expires in 64 daysWhatever is unspent by then is gone, because this credit does not roll into the next period.
NEXT RESETJan 1
83% elapsed64 days left
Want to know how much of this period you have left? An account keeps the count and emails you before each reset.Track this credit free →

How to claim it

  1. 1

    Get a qualifying card like the Bank of America Premium Rewards Elite.

  2. 2

    Make purchases that qualify for the Lifestyle Credit. Check your card's terms for eligible merchants.

  3. 3

    Your $150 credit will appear on your card statement, typically within 1-2 billing cycles after qualifying purchases.

⏰This benefit resets each January. Unused credits don't roll over.

Cards that carry this credit

1 ACTIVE CARD
Bank of America Premium Rewards Elite
Bank of America Premium Rewards Elite$150 / Year
$150/yr$550 fee

Questions

How much is the Bank of America Lifestyle Credit worth?

Up to $150 a calendar year.

Which credit cards come with the Lifestyle Credit?

The Bank of America Lifestyle Credit comes with the Bank of America Premium Rewards Elite ($550 annual fee).

What can I use the Bank of America Lifestyle Credit on?

Statement credit for qualifying rideshare, food delivery, video streaming, and fitness purchases at select merchants. Applied automatically.

When does the Bank of America Lifestyle Credit reset?

It resets on January 1. Unused credit doesn't carry over.

Is the Bank of America Lifestyle Credit worth it?

If you'd spend $150 a year on these purchases anyway, it's worth the full $150. If not, it's worth only what you would have spent.

We send one email a month with credits worth using before they reset.
Know what your card gives you1 card offer this benefit. See if yours pays for itself.
Open the calculator →

Benefit values shown are at face value and do not account for personal spending patterns. Terms, eligibility, and enrollment requirements are set by the card issuer and may change. Confirm details on your issuer’s website before making decisions based on this page.