Preferred Rewards for Business rewards you for the business you do with a wide range of benefits across your business banking relationship. There are no fees to join or participate. And as your qualifying balances grow, so do your benefits. There are three tiers in the program: Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America business deposit and/or Merrill business investment accounts. Once you're a member, you'll move to a higher tier after any month your account balances qualify you for the next level of rewards. Don't worry if your balances dip temporarily: Your balances are reviewed annually to determine whether you'll move to a lower tier. Refer to the Preferred Rewards for Business section of the Business Schedule of Fees to see which accounts qualify.