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Holiday Tradition Continues: BofA "More Rewards Day" Bonuses Approaching $100 Million
Prnewswireยท 2025-10-21 12:00
Core Points - Bank of America is hosting its fourth annual More Rewards Day on November 6, 2025, allowing credit cardholders to earn bonus rewards on purchases [1][2] - Since the inception of More Rewards Day, cardholders are projected to earn a total of $100 million in extra rewards, with $74 million already earned in the first three events [1] Summary by Sections Event Details - More Rewards Day will provide eligible Consumer and Business credit cardholders with extra bonus rewards on their first $2,500 in purchases [2][3] - New Customized Cash Rewards and Unlimited Cash Rewards cardholders can earn up to 8% and 4% cash back, respectively, during this event [2] Eligibility and Rewards - Cardholders without rewards credit cards will earn 2% cash back as a statement credit, with a cap of $50 cash back, 5,000 points, or 5,000 miles for the day [3][10] - All active Bank of America credit cards are eligible, and cardholders can earn bonus rewards on multiple cards [5] Consumer Insights - A Bank of America survey indicates that 36% of consumers expecting financial strain during the holidays plan to utilize credit card rewards to alleviate costs [4] Additional Information - The promotional offer is valid for purchases made on November 6, 2025, and does not apply to past purchases or certain transaction types [10][11] - Preferred Rewards members will earn their usual bonuses but not on the incremental rewards from More Rewards Day [6]