What Will Happen to My Spirit Airlines Credit Card? – Image for illustrative purposes only (Image credits: Unsplash)
Spirit Airlines ceased operations on May 2, 2026, canceling all remaining flights and ending its ability to issue new co-branded credit cards. Cardholders now face uncertainty about the future of their accounts, yet early reports indicate the plastic itself continues to function. Bank of America, the issuer behind the Free Spirit cards, has confirmed that existing accounts remain open and usable for purchases and payments. This development matters because millions of travelers relied on these cards for everyday spending and loyalty rewards tied to an airline that no longer flies.
Why the Shutdown Affects Cardholders
The sudden closure left passengers scrambling for refunds and alternative travel plans. Spirit had operated as a low-cost carrier with a large network of routes, and its credit cards offered perks such as free checked bags and priority boarding for cardholders. When the airline stopped flying, those benefits tied directly to Spirit vanished overnight. Card issuers, however, operate separately from the airline, which explains why the accounts have not been frozen.
Current Status of the Cards
Existing Spirit Airlines credit cards issued by Bank of America continue to process transactions without interruption. Cardholders can still log into their accounts, make payments, and use the cards for purchases at any merchant that accepts them. Bank of America has stated that no immediate changes to account status or credit limits are planned. The cards function like any other Bank of America credit card in the short term, even though the airline partner no longer exists.
What Happened to the Rewards
Free Spirit points earned through the cards are no longer redeemable for flights or other redemptions. The points also cannot be transferred to another loyalty program at this time. This effectively reduces their value to zero for now, though future announcements from the issuer could change that status. Cardholders who accumulated large balances face the prospect of losing the rewards they earned through regular spending.
Steps Cardholders Can Take
- Continue using the card for purchases if needed, but monitor statements closely for any unexpected changes.
- Pay balances on time to maintain good credit standing while the account remains active.
- Consider applying for a replacement card from another issuer to restore access to meaningful rewards.
- Watch for official updates from Bank of America regarding point redemption options.
The situation remains fluid as regulators and the issuer work through the airline’s closure. Cardholders who act quickly to secure alternative payment methods can limit any disruption to their daily finances and travel planning. Bank of America has given no indication that the cards will be canceled in the near future, providing a measure of stability during an otherwise uncertain period for former Spirit customers.
