I rented an Avis car back in December and my statement closing date has come and gone with no $120 statement credit. The posting was for "Avis Budget" and it was rented from AMS so perhaps this is one European location that does not participate in this program (which is spelled out in the terms and conditions). As a side note...

The reason I originally signed-up for this card was due to the fact that the annual fee was only $450 and the Alaska Lounge + membership was up to $550. I primarily use my card for the Alaska Lounge access so I figured I'd save $100 by getting this card instead and indeed it has been a great way to essentially have a lounge access at both Alaska Lounges and ACs. When I found out the annual fee for this card was going up to $595, I realized that the Alaska Lounge + membership was actually cheaper at $550 (especially given the fact that I have one AU which would no longer be free). With my annual fee due in February (now), I went ahead paid for the Alaska Lounge + membership at $550, but now I see the annual fee posted at $450 not $595 so I'm somewhat regretting my decision to cancel this card but I really have no choice now since I don't want to pay for two memberships to the same lounge.