Bank of America has announced a new deal that will only be available on November 5. All purchases made with a credit card will earn all cardholders an extra 2% in credit card rewards, or 2 times as much as before.
So, if your Bank of America card gives you 1.5% cash back, it will give you 3.5% cash back on all purchases made on that day.
About The Offer
More Rewards Day will be on Saturday, November 5th, 22. No enrollment is needed. To get bonus rewards, you just have to shop on November 5, 2022.
Cardholders in rewards programs will earn an additional 2% cash rewards, or 2 points, or 2 Miles per $1 spent on purchases made on 11/05/2022. Cardholders not in a rewards program will be issued a statement credit equal to 2% of total purchases made on 11/05/2022. This special offer is available on any Bank of America Consumer or Small Business credit cards. Rewards type is dependent on the card you are using. See your current Program Rules for any rewards program details. For Consumer credit cards, the statement credit will generally be applied to your existing balance with the highest APR before being applied to any balances with lower APRs. For Small Business credit cards, the statement credit will generally be applied to your existing Purchase balance. Receipt of a statement credit does not affect your responsibility to pay your Minimum Payment Due shown on each statement you receive from us. Cash Advances and Balance Transfers are not purchases and do not apply for purposes of this offer. Allow up to 12 weeks after the promotion ends for the promotional cash rewards, points, Miles, or statement credit to be added to your account. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice. Limitations: All of the following conditions are applicable throughout the entire promotional period, which is inclusive of the date the offer begins through the date the promotional cash rewards, points, Miles, or statement credit are fulfilled. Only purchases that appear on your statement with a transaction date of 11/05/2022 will qualify. This offer will not apply to any customer bonus or account opening bonus, nor will you receive the Preferred Rewards bonus on the additional rewards earned. Your account must be open and have active charging privileges in order to receive the promotional cash rewards, points, Miles, or statement credit as a result of this offer. Other advertised promotional offers can vary from this promotion and may not be substituted. Promotional cash rewards, points, Miles, or statement credit earned as a result of the promotion are incremental of cash rewards, points, Miles, or statement credits earned on purchases through regular use of your card’s rewards program and/or other promotions you may have. Purchase eligibility is based on transaction(s) occurring on the account from 12:00am to 11:59pm Eastern Time (ET) on 11/05/2022. This means that your transaction must occur during the Eastern Time promo period – not your local time. For example, a transaction that occurs at 11pm Pacific time on 11/05/2022 would be considered 2am Eastern Time on 11/06/2022 and therefore will not be eligible for the bonus offer. Merchants can impact when a transaction will appear on your statement if they delay processing of the purchase. Transactions with delayed processing of 90 days or more will not be eligible to be included in the promotional offer.
This is a great deal if you plan to buy all of your big items on November 5.
You can pay your taxes (for a fee), buy gift cards (especially if there are sales), prepay bills or pay for major home improvements, and more.
People in the top tier of Preferred Rewards, who get an extra 75% bonus on earnings, can get even more out of this promotion.