" class="no-js "lang="en-US"> Bank of America Celebrates Clients with More Rewards Day on Saturday, November 5th - Fintech Finance
Wednesday, February 08, 2023
Saltedge Report

Bank of America Celebrates Clients with More Rewards Day on Saturday, November 5th

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 12:00 am 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.

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