Bank of America's Keep the Change Promotion

August 01, 2007

By MoneyRates Team | Money Rates Columnist

Bank of America's Keep the Change Promotion rounds up every Bank of America check card purchase made by cardholders and then transfers the difference to a Bank of America savings account. Bank of America will match the amount transfered for the first three months and thereafter will match 5% a year. The maximum total that Bank of America will match in a year is $250.00.

SUMMARY - This promotion will be mean just a few pennies for some to most cardholders, but is a worthwhile venture for cardholders who actively use a check card. At $250 a year this is one the most profitable rewards programs available to deal-watchers. Best of all, it promotes savings as all those pennies transferred from checking to savings will add up and compound.

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