Bank of America has agreed to pay a total of $75 million over a lawsuit for fees it charged some customers for the last seven years.
This is a roundup of news and other interesting pieces that I’ve come across over the last few days.
Bank of America has brought back the $500 checking account bonus. The bonus is available to customers who receive a direct communication, and it usually goes to people who already have a relationship with Bank of America.
Hawaii hotels to require guests prove vaccination, woman removed from JetBlue flight in handcuffs after refusing to wear mask, BofA’s new Balance Connect program, Mastercard makes a big bet on crypto, and SFO Centurion Lounge temporarily closed.
These museums usually have a fee, but Bank of America or Merrill Lynch credit or debit card holders are able to get in for free on the first full weekend (Saturday and Sunday) of each month.
Checks that are presented on or after Aug. 20 will be returned unpaid even if funds are available in the account, and payments processed as a check using a savings account may be rejected.
In October, Bank of America will launch the Business Advantage Unlimited Cash Rewards credit card with unlimited 1.5% cash back on all purchases.
Bank of America has a targeted Business Checking account bonus of up to $750. This is one of the biggest bonuses we have seen from Bank of America, but it requires large deposits and is limited to customers who receive this offer directly.
Bank of America Corp agreed to pay $75 million to settle a lawsuit over overdraft fees. The lawsuit alleges the second-largest U.S. bank charged overdraft fees it didn’t earn from customers with savings and checking accounts.
To qualify for double cash back, you must activate dining or retail BankAmeriDeals before making a purchase at the merchant with an eligible Bank of America debit or credit card. This promotion will only run on 3/13/2021 or 3/14/2021.
Some of the offers that stand out are the ones that obviously have a bigger bonus, but also the ones that are available nationwide.
Financial institutions will issue a 1099 when you earn a bank bonus, even if the bonus is in the form of miles or points. A 1099 is also issued for referral bonuses for credit cards.
Year 2021 is here, and if you carry some of the premium credit cards that come with annual credits and benefits, it’s time to start thinking about how to use them.
End of Year Reminders for 2020 2020 is coming to an end, so this is a good time to take a look at any credits and offers that you need to use or take advantage of before the year is over. There are several credit cards that offer monthly credits that expire if you don’t…
Through Museums on Us, Bank of America is able to provide its customers with free access to artistic and cultural experiences across the United States at some of the nation’s most celebrated cultural institutions ranging from art, children’s and history museums to aquariums and science centers.
“Effective immediately, we have closed this Alaska Airlines business card account and all individual accounts associated with it because of excessive account closings and openings to accumulate bonus miles under the Alaska Airlines business card program.”
Earn a $10 statement credit for every new recurring expenses you pay with your card through 10/31/2020—up to three merchants totaling a bonus of $30.
Bots have been winning T-Mobile Tuesdays giveaway contests, some new details on how the Chase Sapphire Reserve $300 credit works, American Airlines asks for $2,500 to take care of 52 hidden city ticketing cases, Southwest reports ‘modest’ improvement in travel demand and turns down government loan, and BofA customers finds an extra $2.45 billion in his account.