Attention, Bank of America account holders: On May 27, the issuer will launch a new loyalty program called BofA Rewards. And unlike the current Preferred Rewards® program, the new program won't require members to maintain a minimum balance to join.
While the move puts rewards within reach for millions of additional customers, some current program members may see their perks change. With new tier thresholds and expanding access to benefits and credits, here's what eligible members need to know about BofA Rewards.
Related: Is the Bank of America Premium Rewards Card worth the $95 annual fee?
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