Bank of America Sign in Show/Hide Menu related links Preferred Rewards The best relationships grow over time Preferred Rewards is our way of saying we value you. As a member, you can enjoy many exclusive benefits, all designed around the ways you save, spend, and borrow with Bank of America and invest with Merrill®. Compare Rewards Tiers Compare benefits of Preferred Rewards FAQs Go to frequently asked questions about Preferred Rewards Explore benefits that grow with your balances Please access your link list to display the content for the three different reward tiers There are three tiers in the Preferred Rewards program - Gold, Platinum and Platinum Honors. Your tier is based on your qualifying combined balances in your Bank of America® deposit and/or Merrill® investment accounts. Once you are a Preferred Rewards member, you'll keep your program benefits for at least a full year, so no need to worry if your balances dip temporarily. In addition, your balances are reviewed monthly to see if you qualify for a higher tier. If so, you'll automatically move to the next level of rewards. Display Gold tier content twenty thousand dollars or more Display Platinum tier content fifty thousand dollars or more Display Platinum Honors tier content one hundred thousand dollars or more Gold Platinum Platinum Honors Savings 5% Interest Rate Booster Footnote 1 on a Bank of America Advantage Savings account + Savings Credit Card 25% Rewards Bonus Footnote 2 on eligible Bank of America credit cards + Credit Card ATM Transactions 0 No-fee transactions at non-Bank of America ATMs Automated Teller Machines Footnote 3 + ATM Transactions Merrill Guided Investing 0.05% Program fee discount Footnote 4 ♦Other fees may apply + Merrill Guided Investing Mortgage $200 Reduction in the Origination Fee Footnote 5 on a new purchase or refinance mortgage + Mortgage Home Equity 0.125% Interest Rate Discount Footnote 6 + Home Equity Auto Loan 0.25% Interest Rate Discount Footnote 7 + Auto Loan Select Banking Services No Fees + Select Banking Services Calculate your Preferred Rewards potential Use our Preferred Rewards Calculator to see the benefits you can earn Enroll in Preferred Rewards There is no fee to join or participate in the program. To become a Preferred Rewards member you will need: An active, eligible Bank of America checking account A three-month combined average daily balance of $20,000 or more in qualifying Bank of America deposit accounts and/or Merrill® investment accounts. Once you’ve met these requirements, you must then take action to enroll. Sign in to Online Banking to see if you qualify. Sign in to Online Banking to see if you qualify Sign in ♦ Other fees may apply. Sales of ETFs are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs and mutual funds. To learn more about Merrill pricing, visit merrilledge.com/pricing. Connect with us 888.888.7937 Mon-Fri 8 a.m. – 10 p.m. ET Schedule an appointment Learn more about Preferred Rewards for Business Important Disclosures and Information Bank of America Preferred Rewards Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp). MLPF&S is a registered broker-dealer, Member SIPC layer and a wholly owned subsidiary of BofA Corp. Merrill Lynch makes available products and services offered by MLPF&S and other subsidiaries of BofA Corporation. Banking, mortgage, automobile loans and home equity products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Bank of America, N.A. Equal Housing Lender . Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Investment and insurance products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity Please review the Personal Schedule of Fees, also available at your local financial center. 'Get more rewards with your everyday banking', Premium Rewards, Merrill, Merrill Edge, Merrill Lynch, the Bull Symbol, Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. HomePrivacySecurityCareersSite MapAdvertising Practices layer Bank of America, N.A. Member FDIC. Equal Housing Lender new window © 2021 Bank of America Corporation. All rights reserved.