Bank of America announced it will celebrate clients on Thursday, November 9, 2023, with its second annual More Rewards Day – a single day during which bank credit cardholders can earn even more rewards on their purchases. Consumer and Small Business cardholders earned approximately $25 million in extra rewards during More Rewards Day in 2022.
On More Rewards Day, Bank of America consumer and small business credit cardholders with rewards cards will automatically earn bonus rewards of 2% cash back, two points per $1, or two miles per $1 spent on top of the rewards they typically earn. Credit cardholders who do not have a rewards product will earn bonus rewards through a statement credit equal to two percent cash back, on the first $2,500 in purchases made on November 9, 2023, per each unique account or each unique small business company. Bonus rewards will be automatically applied to their account, without the need to enroll.1
“With the holiday season upon us, we want to express our gratitude for our clients’ loyalty,” said Jason Gaughan, Head of Consumer Card Products at Bank of America. “Once again, we are hosting More Rewards Day to help cardholders easily earn more bonus rewards while buying the things they need for the holidays. All you have to do is make purchases with your card to earn the extra rewards.”
According to a new Bank of America survey (PDF), 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 Preferred Rewards members will earn their Preferred Rewards bonus on their purchase amounts as usual,but not on the incremental bonus earned for the More Rewards Day 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 69 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 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 4 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 more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
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