Bank of America sent out an email to Preferred Rewards members that they are temporarily postponing the review process on Preferred Rewards status. Until further notice, all current Preferred Rewards members will maintain their status, and won’t lose benefits due to their balances dropping below the required minimum.
Not everyone got the email – they might be sending slowly or only sending to those otherwise would not qualify – but it should be true for anyone. I’d guess they’re sending out the same thing for business Preferred Rewards members, let us know if you got an email about that.
Hat tip to @HH_Cash
