Lifestyle Credit

How to use your Lifestyle Credit

1. Make an eligible lifestyle purchase Use your Bank of America Premium Rewards Elite card for a qualifying rideshare, food delivery, video streaming or fitness purchase.

2. Pay directly with your card Charge the qualifying purchase to your Premium Rewards Elite card.

3. Get the statement credit Bank of America will automatically apply statement credits for eligible purchases, up to your annual allowance.

What you get

• Up to $150 in statement credits per calendar year
• Eligible categories include:
  • Rideshare
  • Food delivery
  • Video streaming services
  • Fitness subscriptions

Good to know

• No enrollment is required.
• The $150 allowance is shared across all eligible lifestyle categories.
• Bank of America determines eligibility based on the merchant and how the transaction is coded.
• Purchases processed through certain third parties or unsupported digital payment methods may not qualify if the necessary merchant information is not transmitted.
• Bank of America says qualifying statement credits generally post within 2–3 weeks.
• Your account must remain open with active charging privileges when the credit is fulfilled.
• The benefit resets each calendar year.
• UseIt tracks your annual $150 Lifestyle Credit so you can see how much remains.