Update: offer is back for 2025 – see this post
Contents
The Offer
- Bank of America is offering a one-day rewards holiday on November 7, 2024 whereby all personal and business cards from Bank of America will earn an extra 2% cash back / 2x rewards points. Limit of $2,500 in spend per card
Our Verdict
This can be an interesting offer with the following cards:
- The Travel Rewards, Premium Rewards, and Unlimited Cash Rewards cards earn 1.5% on all purchases. On November 7th you’ll get an extra 2% for 3.5% total everywhere.
- This is especially interesting for top-tier Preferred Rewards relationship clients who always get 2.62% on all purchases with these cards and will get 4.62% everywhere on November 7th.
- Bank of America Customized Cash Rewards card always gets 3% on one category of your choice (or 5.25% for Preferred Rewards clients) and 2% on grocery/wholesale (3.5% for Preferred Rewards clients) on up to $2,500 in purchases. On November 7th it’ll be 2% on top of that. That’s a potential total of 7.25% on your chosen category for top-tier Preferred Rewards clients.
- Earn 3x miles per dollar everywhere on the Alaska Airlines card.
- Apply for a new Bank of America card now and you’ll hopefully have the card by November 7th when you can meet the minimum spend at increased earn rates.
Last year there was no cap, but this time there is a $2,500 cap in spend.
Hat tip to Matt J
