- Bank of America ends Keep the Change June 2011
One of our readers asked a question this week about Bank of America’s Keep the Change program.
Question from Peter in New York, New York:
“I heard from a co-worker that Bank of America is ending Keep the Change on June 6, 2011. Is this true? I searched on Bank of America’s website and could not find any information. Thanks.”
Answer from Marlo’s Money Advice:
We contacted Bank of America directly and this is what we were told:
Thank you for your inquiry dated 6/28/11 regarding the Keep the Change. We understand your concerns regarding the in the promotional match of Keep the Change program.
Please be informed that beginning on 6/6/11, as part of the Keep the Change® match modification, customers who enrolled in Keep the Change prior to 11/30/10 will cease to receive the 5% ongoing match. Customers enrolled in the Keep the Change program will continue to build their savings through the round up of eligible debit transactions and the 100% promotional match for the first 90 days after enrollment.
The following changes will be applied to the Keep the change program:
– You will no longer receive the 5% match.
- You will receive an early payout for the ongoing match.
For more information, please call us at 1.800.432.1000, we are available between 7 a.m. to 10 p.m. Monday to Friday; 8 a.m. to 5 p.m. Saturday and Sunday, Eastern Time.We apologize for any inconvenience this may cause and appreciate your understanding in this matter.If we may be of further assistance, please contact us again by e-mail. We value you as a customer and appreciate your business. Thank you for choosing Bank of America.Sincerely, Vignesh Bhagirathi, Bank of America
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Unfortunately Peter, Bank of America has ended their highly marketed Keep the Change program on June 6, 2011.
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