Key Takeaways Credit-card holders generally prefer cash back to points, but premium cardholders value the points more, ...

Financial institutions regularly improve their products and services to retain customers and attract new ones. Bank of ...

Bank of America (BAC) CEO Brian Moynihan isn't joining the chorus of those warning about the economy heading into 2023, and that's because the consumer continues to shop, shop, shop despite ...

However, Moynihan pointed out that the bank has noticed consumers pulling slightly back on their spending throughout the 2024 summer months – but when they spend, it’s at restaurants or on travel.

Bank of America has joined other card issuers, such as Citi, Chase, Capital One, Discover, Apple and American Express, in offering emergency support to its consumer and small business clients ...

It’s a message now echoing in every corner of Wall Street: Consumers have finally run out of steam. It’s also an eventuality Bank of America has predicted since March, when analysts warned ...

Customers that use non-Bank of America ATMs are charged a $2.50 fee for U.S. ATMs, and a $5 fee abroad. The bank also limits consumers to sending $1,000 per transaction in external transfers ...

You can earn bonus rewards on all new purchases up to $2,500 using any Bank of America consumer or small business credit card. Promotional rewards may take a couple of months to post to your account.

Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...