Tag: BofA

Bank of America
February 15, 2024 BY Simon Mugo

BofA and Starbucks Unveil Cash-Back Rewards Program Partnership

Under this innovative program, Bank of America's extensive customer base of 45 million cardholders now has the opportunity to earn 2% cash back on their Starbucks purchases. Cardholders must link their Bank of America accounts with their Starbucks Rewards accounts to avail of this benefit. Furthermore, the program is designed to reward customers more generously…

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January 05, 2024 BY Simon Mugo

Investors Park a Record $123 Billion in Cash To Start the Year Off

According to BofA, this financial manoeuvre, typically observed in the first week of January, comes on the heels of 2023's unprecedented annual cash inflow totalling $1.3 trillion. Such movements highlight a trend where investors, prioritising security and influenced by increased interest rates, have shifted away from stocks and towards more stable assets. Drawing from EPFR's…

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