If you hold a premium rewards card, those statement credits likely played a big role in justifying the annual fee. Many of these perks reset halfway through the year, meaning you need to use them before December 31 or lose them. Here's a breakdown of key benefits that require action before 2027.
Quick Summary
- Many premium cards offer statement credits that reset biannually, annually, quarterly, or monthly.
- Travel, dining, and event credits often expire at year-end.
- Credits may apply to hotel bookings, restaurant charges, event tickets, and more—some with minimum stay or booking portal restrictions.
- Tracking your remaining credits helps maximize value.
What to Consider
- Some credits need activation or enrollment.
- Biannual credits split into January–June and July–December halves; unused portions expire.
- Eligibility and merchants vary, so check terms carefully.
American Express Cards
The Business Platinum Card® from American Express
- Up to $300 statement credit semiannually (up to $600 per year) on prepaid Fine Hotels + Resorts (FHR) or The Hotel Collection (THC) bookings made through Amex Travel. THC stays require a two-night minimum. Credits apply per half-year period.
American Express® Platinum Card
- Same $300 semiannual credit (up to $600/year) for FHR or THC prepaid bookings via Amex Travel. Two-night minimum for THC.
American Express® Gold Card
- (Details are not fully displayed due to the raw content cut-off; likely includes dining or travel credits.)
Tips for Redeeming
- Mark your calendar for reset dates.
- Check your latest statements to see unused credits.
- Plan stays or purchases before December 31 to avoid losing the second-half credit.
Editor's Note: This post is regularly updated. TPG's Brian Kelly is a Bilt adviser and investor.
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