Bank of America Offers Free Year of Grubhub+ Membership

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BAC Intrinsic Value – Bank($NYSE:BAC) of America is offering eligible BofA cardholders a year of a Grubhub+ membership for free, the bank said Thursday. This is another example of banks sweetening their rewards programs to lure cardholders. Starting today, eligible cardholders can activate a one-year complimentary Grubhub+ membership trial, valued at almost $120. This move by Bank of America is likely to affect the bank’s market and earnings in the long term. By offering a free year of Grubhub+ membership, the bank is effectively giving away a service that costs money. In the short term, this may entice more people to sign up for BofA credit cards. However, in the long term, it may hurt the bank’s bottom line.

Price History

This membership includes free delivery and discounts on Grubhub orders. This offer is valid for new and existing Grubhub customers.

VI Analysis – BAC Intrinsic Value

BANK OF AMERICA’s fundamentals reflect its long term potential. The company’s strong financial position, diversified business model, and experienced management team provide a solid foundation for future growth. The fair value of BANK OF AMERICA shares is around $37.1, calculated by VI Line. This is based on the company’s strong fundamentals and long-term growth potential. Currently, BANK OF AMERICATrades at $36.3, a fair price that is undervalued by 2%. This presents a good opportunity for investors to buy the stock at a discount.

Summary

Bank of America is one of the largest financial institutions in the United States. It offers a wide range of banking and financial services to its customers. The Grubhub+ membership offer is a way for the bank to attract new customers and retain existing ones. It also includes other perks such as exclusive offers and access to Grubhub’s VIP customer service. The offer from Bank of America is a good deal for customers who frequently order food delivery. However, it is not clear if the offer will be enough to convince customers to switch banks.