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The Asset ObserverThe Asset Observer
Home»Personal Finance
Personal Finance

Bank of America Pairs With Starbucks to Offer Extra Rewards

News RoomBy News RoomFebruary 16, 2024
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Like coffee and a pastry, Bank of America® and Starbucks are teaming up to offer a midmorning pick-me-up in the form of extra rewards.

Use your Bank of America® credit or debit card on the Starbucks app to make qualifying purchases and you’ll earn an extra 2% cash back, plus a bonus Star per $2 spent. Stars are the currency of Starbucks’ rewards program, and you can redeem a minimum of 25 Stars.

How to enroll

To enroll in this benefit, you must be a member of Starbucks Rewards program and have a Bank of America® card for purchases. Activate the offer through your Bank of America® account, under BankAmeriDeals. Then add your Bank of America® card to your Starbucks account.

All Bank of America and Merrill Lynch consumer and small business credit cards, as well as debit cards, can be used as part of this partnership. Qualifying Starbucks purchases include food and non-alcoholic beverages, packaged coffee, merchandise and gift cards (both new purchases and reloading of existing Starbucks Cards).

How rewards work

The 2% cash back is on top of any other cash back you may earn through your purchases, which can depend on the card you’re using.

NerdWallet rating 

NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.

Cash back will be issued to you as a statement credit or deposit into an eligible account, and these rewards will not expire. Starbucks Stars, however, expire six months after they’re earned. There’s no limit to how much cash back or Stars you can earn.

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