Articles tagged in Bank of America

05.31.11

How Are Banks Rewarding Customers?

Erik Chang

Reward programs have become the norm for many banks and customers. After all, why wouldn’t you want to earn points or cash back simply for using a specific credit card? Banks provide these various reward programs for a number of reasons including: increasing goodwill among existing customers, drumming up new business through attractive reward offers and improving their standing in

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03.12.10

Bank of America, Banking on Overdrafts?

anastasia

// < ![CDATA[ tweetmeme_url = 'http://www.billshrink.com/blog/7898/bank-of-america-overdraft/'; // ]]> Bank of America is going ahead with a new overdraft policy, announced Wednesday, intended to protect customers by avoiding account overdrafts. This action comes in advance of the Federal Reserve’s July 1 deadline for banks to comply with new opt-in overdraft regulation. Overdraft fees are a more than $100 million dollar business

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