Source: The Points Guy
Summary
Bank of America’s BofA Rewards program rewards customers for their entire financial relationship with the bank, not just a single financial product. The program offers extra credit card rewards, cash-back deals with thousands of brands, loan discounts, and identity monitoring tools. Members can earn between $150 and $4,000 in annual value, depending on their tier and how they use the program.
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Bank of America’s BofA Rewards program is designed to reward customers for their entire relationship with the bank. Members can earn extra credit card rewards, access cash-back deals with thousands of brands, receive loan discounts and take advantage of identity monitoring tools. The program is now more accessible than ever before, with anyone with a Bank of America personal checking account able to join with no minimum balance or enrollment fee required. The program’s tier system is based on the customer’s combined average balance in qualifying deposit and investment accounts.
The program’s benefits can add up quickly, with members potentially earning thousands of dollars in annual value. However, the program’s complexity and tier system may be overwhelming for some customers.
Ultimately, the BofA Rewards program is a great option for customers who want to earn rewards for their entire financial relationship with Bank of America, not just a single financial product.
Author: Evan Null
