Love is in the air – and so are rewarding moments! There are plenty of opportunities to create lasting memories with your loved ones this Valentine’s Day. While celebrating this season of love, there are also simple tools to ensure you’re saving money and earning cash back on your special purchases, big and small.
Save money and maximize their financial rewards on Valentine’s Day purchases. “It’s important to think ahead about your spending, develop a rewards strategy and savvy spenders know that layering rewards are really key to that and that means taking advantage of all those different options out there,” said John Sellers, Rewards executive at Bank of America. “Our research at Bank of America tells us 62% are not layering their rewards. And what is really core to that is the first layer is having a rewards credit card in align with your spending habits. Bank of America has a Cash Rewards Card that offers 3% of your choice in six different categories including online shopping.”
“Take advantage of bank loyalty programs likes Preferred Rewards Card not only do they offer you a sweep of benefits across all your banking and investment needs but they also offer a card bonus of up to 75%. And then banks offer special deals at online merchants, retailers and restaurants. Outside of your bank make sure your taking advantage of all those retail programs. Make a list of where you’re shopping. Places like Best Buy and Target they offer free loyalty programs and generally you’re earning one percent back. There are also online apps that can give you discounts, coupons and ways to get cash back. You should try and get rewarded at least two ways when doing your Valentine’s Day shopping and shopping going forward.”
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“After the holidays it is really important to get back on track. Start with small realistic goals they will help you gain momentum towards the larger ones. It is always a good idea to build back your savings fund or your emergency fund. It is important to get back in the habit of continuously contributing to an account. I recommend you set up a direct deposit into a separate account to leave alone unless that is an emergency situation.”
“Then it is important to track your goals and hold yourself accountable. At Bank of America we have a new tool called Life Plan. It is available in our digital space online banking and mobile. It helps you set and track short and long term goals based on your life priorities. It gives you personalized guidance and action steps on how to achieve those and it gives you access to professional advice so whether you need somebody to talk about a mortgage, investing or just general banking you could make an appointment with somebody in person or virtually. They will help you plan for the year ahead and beyond.”
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“This year looks different than what it has traditionally so it will be a lot of family time on Valentine’s Day may be as opposed to relationships with your spouse or significant other,” said Gabrielle, “Gabe,” Flowers Rader, Lifestyle Expert, mom of two and Bank of America spokesperson. “So I think getting the kids involved is going to be crucial like sitting down and creating Valentines for family and friends, baking treats. Just having fun together as family that is what it is going to be about this year.”
““Get the kids involved by purchasing some Valentine’s Day cookie cutters. Get them involved in decorating around the house, putting things up, setting the theme for a nice family evening.”
“If you’re planning a future trip the best thing you can do is take a look at the rewards with the card that you’re already using I am using the Bank of Americas preferred rewards card and as a member I get an reward bonus on top of that so we are actually saving that to use for like travel and hotel stays in the future when it is safe to go somewhere.”
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MORE ABOUT GABRIELLE FLOWERS RADER
Gabrielle Flowers Rader is the girlfriend you probably haven’t met! As a wife and mother of two, this lifestyle influencer is spreading love, life and laughter across the world by simply living her life on camera.
While seeking an outlet from her corporate job, she created the YouTube channels, GabeBabeTV and The Gabe Fix, which have grown over 400,000 subscribers with millions of monthly views. That one decision allowed her the opportunity to jump into entrepreneurship full time after having her son in 2013. Since then she’s been blessed with the opportunity to work with hundreds of brands including national commercials and live TV appearances.
After losing the baby weight from having her daughter in 2018, Gabrielle became a Certified Nutrition Specialist and created Gabe Fix Fitness with the goal of helping other women do the same. More recently, her and her husband created the Let’s Make Out podcast where they take on the mission of helping marriages grow and prosper with weekly episodes. Gabrielle believes in the power of positivity and living her life authentically to inspire change in the community.
MORE ABOUT JOHN SELLERS
John Sellers is the Rewards executive at Bank of America. In this role, John oversees all rewards programs; including consumer, wealth management and small business relationship rewards programs and credit card rewards redemption. In 2020, Bank of America was awarded the Customer Loyalty Strategy Gold Award and B2B Customer Loyalty Bronze Award by Loyalty360 Awards, which recognizes brands that build more robust and deeper loyalty with their customers. Prior to his current role, John was the Director of Preferred Products and New Account Acquisition where he was responsible for all mass affluent BofA and Merrill branded products. John is the architect of the award-winning Travel Rewards Card and led the effort to bring Chip technology to BofA cards.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Courtesy: Bank of America -.