Bank of America consumer and small business
credit cardholders will automatically earn extra cash back, miles
or points to kick off holiday season
CHARLOTTE, N.C., Oct. 20,
2022 /PRNewswire/ -- On Saturday, November 5th, Bank of
America will introduce its first-ever More Rewards
Day – a one-day celebration giving Bank of America
consumer and small business cardholders the opportunity to earn
bonus rewards for all the purchases they make with a Bank of
America credit card on that day.
On More Rewards Day, all Bank of America consumer and
small business credit cardholders will automatically earn two
percent cash back, two points per $1,
or two miles per $1 spent on top of
the rewards they typically earn – with the bonus rewards
automatically applied to their account. The offer will be in effect
for one full day on all purchases made with a Bank of America
credit card from 12:00am to 11:59 pm Eastern
Time on Saturday, November 5th. Purchases must
have a transaction date of November 5,
2022, to qualify.
"We created More Rewards Day to show appreciation for our
clients' loyalty and to help with the expenses that come during the
holiday season," said Jason Gaughan,
Head of Consumer Card Products at Bank of America. "Earning the
extra rewards is easy and automatic – all clients have to do is
shop using their Bank of America credit card and they'll earn bonus
rewards while they're checking items off of their holiday
lists."
According to a new Bank of America survey, more than half (51%)
of Americans plan to do most of their holiday shopping on or before
Black Friday and Cyber Monday this year. With the holiday season
off to another early start, More Rewards Day is designed to
help clients optimize their spending and make their money go
further while managing year-end expenditures.
All Bank of America consumer and small business credit cards
that are open with active charging privileges on More Rewards
Day are eligible, with the type of reward earned dependent on
the card that is being used. Bank of America credit cardholders who
are not in a rewards product will still receive bonus rewards
through a statement credit equal to two percent of total purchases
made on November 5, 2022.
Bank of America Preferred Rewards members will earn their
Preferred Rewards bonus on their purchase amounts, but not on
the incremental bonus earn for this promotion.
For more information, please visit
bankofamerica.com/morerewardsday.
Bank of America
Bank of America is one of the world's leading financial
institutions, serving individual consumers, small and middle-market
businesses and large corporations with a full range of banking,
investing, asset management and other financial and risk management
products and services. The company provides unmatched convenience
in the United States, serving
approximately 68 million consumer and small business clients with
approximately 3,900 retail financial centers, approximately
16,000 ATMs and award-winning digital banking with
approximately 56 million verified digital users. Bank of America is
a global leader in wealth management, corporate and investment
banking and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals around the
world. Bank of America offers industry-leading support to
approximately 3 million small business households through a suite
of innovative, easy-to-use online products and services. The
company serves clients through operations across the United States, its territories and
approximately 35 countries. Bank of America Corporation stock
(NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements
and other important information, visit Bank of America
newsroom and register for news email alerts.
The retail purchase must appear on the customer's statement
with a transaction date of November 5,
2022, to qualify. Transactions with delayed processing of 90
days or more will not be eligible to be included in the promotional
offer. This promotional offer does not apply to past purchases.
Cash Advances, Balance Transfers and Wire Transfers, are not
considered retail purchases and do not apply for purposes of this
offer. Generally, we expect to process bonuses on rewards cards as
transactions post to the account, and within 20 days of
transactions posting for non-rewards cards, but for certain
transactions and merchants, it may take longer. Therefore,
customers should allow up to 12 weeks after the promotional offer
ends for the bonus rewards to be added to their account. If
customers are enrolled in Preferred Rewards, they will earn the
Preferred Rewards bonus on the purchase amount(s). The Preferred
Rewards bonus does not apply to the incremental bonus earn for this
promotion.
Reporters may contact:
Don Vecchiarello, Bank of
America
Phone: 1.980.387.4899
don.vecchiarello@bofa.com
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SOURCE Bank of America Corporation