Card changes
Spirit stopped flying in May, and its credit cards are being wound down
Most cardholders are being moved to a Bank of America cash-back card, with no annual fee.
In short
Spirit Airlines ceased operations on 2 May 2026. Its co-branded credit cards are being phased out, with most cardholders converted to the Bank of America Customized Cash Rewards card.
Spirit Airlines stopped operating on 2 May 2026. Its credit cards are being phased out, with transition emails reaching cardholders during the summer.
Most cardholders are being moved to the Bank of America Customized Cash Rewards card. Anyone who already holds the Bank of America Unlimited Cash Rewards is moved to that card instead, presumably to avoid duplicating a product. Converted accounts carry no annual fee and no foreign transaction fee.
What this means in practice
If you hold a Spirit card, read the conversion notice carefully and confirm which product you end up with. If you get billed an annual fee afterwards, query it: the conversions are described as fee-free.
Free Spirit points sit in a program whose airline no longer flies. If you are holding a balance, check any correspondence from the issuer about what happens to it rather than assuming.
A gap in what we know
The coverage we read names the main Spirit card specifically. It does not separately address the Free Spirit Travel More Mastercard, so we cannot tell you what happens to that product in particular. If you hold it, contact the issuer directly rather than relying on the general picture.
This is the kind of event that makes a case against concentrating rewards in a single airline program, particularly a smaller carrier. Transferable points from a bank program survive an airline failing. Co-branded miles do not.
Sources
Terms change without notice. Confirm anything time-sensitive on the issuer's or provider's own page before you act on it.
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