The Mid-Year Reset of Statement Credits: What You Need to Know.
If you have a premium rewards card, you're likely familiar with its statement credits. These benefits are designed to offset the high annual fees associated with these cards. However, many of these credits have a limited lifespan and reset on a biannual basis, meaning you'll need to use them before they expire.
With 2026 already past the halfway mark, it's essential to take stock of your remaining statement credits and use them before the year ends. Benefits can also reset monthly, quarterly, or annually, so it's crucial to keep track of when your statement credits begin and end.
Here's a card-by-card breakdown of the benefits you'll want to use before January 1, 2027:
American Express
The Business Platinum Card from American Express has one notable statement credit that fits into this category in exchange for its $895 annual fee. Up to $300 statement credit semiannually (up to $600 per calendar year) on prepaid American Express Fine Hotels + Resorts or The Hotel Collection bookings. This statement credit applies when you book FHR or THC properties through Amex Travel and pay with your Amex Business Platinum.
The American Express Platinum Card also has a statement credit that will help offset its $895 annual fee. Up to $300 statement credit semiannually (up to $600 per calendar year) on prepaid American Express Fine Hotels + Resorts or The Hotel Collection bookings. This statement credit applies when you book FHR or THC through American Express Travel when you pay with your Amex Platinum.
The American Express Gold Card has one expiring statement credit to be aware of. Up to $50 statement credit semiannually (up to $100 per calendar year) for Resy: Pay with your Amex Gold at an eligible U.S. Resy restaurant. No reservation is required.
The Hilton Honors American Express Aspire Card has one semiannual expiring benefit you should note. Up to $200 Hilton Resorts statement credit semiannually (up to $400 per calendar year): Use your Hilton Aspire at participating Hilton Resorts to pay for eligible purchases, such as room charges and incidentals.
Bilt
The Bilt Palladium Card has one benefit expiring at the end of December. Up to $200 Bilt Travel hotel statement credit biannually (up to $400 per calendar year): Receive up to $200 in statement credits for hotel bookings made through the Bilt Travel portal. You must book a minimum stay of two nights.
The Bilt Obsidian Card also has a biannual benefit to redeem by the end of the year. Up to $50 Bilt Travel hotel statement credit biannually (up to $100 per calendar year): Receive up to $50 in statement credits for hotel bookings made through the Bilt Travel portal. You must book a minimum stay of two nights.
Chase
The Chase Sapphire Reserve has two statement credits that will reset on January 1, 2027. Up to $150 StubHub and Viagogo statement credit biannually (up to $300 per calendar year): Up to $150 in biannual credits to use on event tickets at StubHub and Viagogo for purchases through December 31, 2027 (one-time activation required).
The Chase Sapphire Reserve for Business also has a pair of statement credits resetting after 2026. Up to $200 ZipRecruiter statement credit biannually (up to $400 per calendar year): Up to $200 in ZipRecruiter statement credits. You'll receive the benefit from January through June and again from July through December for purchases made through ZipRecruiter (through December 31, 2027).
Citi
The Citi Strata Elite Card is a premium option with one benefit you'll need to track. Up to $100 Blacklane statement credit biannually (up to $200 per calendar year): Up to $100 in biannual credits for Blacklane chauffeur bookings, one to use from January to June and another to use from July to December.
Maximizing your statement credits is one of the best ways to offset a high annual fee. If you have not yet redeemed the statement credits on this list, remember they expire at the end of the year. So, don't wait. Bookmark this article to revisit as deadlines approach, and periodically take stock of the cards in your wallet to make sure they're still working for your lifestyle.
