Bank of America has launched BankAmericard Cash Rewards and Cash Rewards for Business MasterCard credit cards that reward customers with up to 3% cash back on certain purchases. In addition, the BankAmericard Cash Rewards card includes a 10% bonus when customers deposit their cash rewards into their Bank of America chequing or savings account. Both cards have no expiration on rewards.
“Customers have told us they want to get rewarded for what they use their cards for the most, such as gas and groceries, and office supplies for small business customers,” said consumer banking products executive Susan Faulkner. “We have developed a solution that sets us apart from the competition by giving customers more value in the spending categories that matter most to them.”
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.