Preferred rewards details

You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America® personal checking account and maintain a 3-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge® and Merrill Lynch® investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. SafeBalance Banking® accounts do not count toward the account or balance requirements, and do not receive the fee waivers and other benefits of the program. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Employee qualification requirements, please visit the Employee Banking & Investments website. The Preferred Rewards Gold tier does not include the $0 online equity and ETF trades via Merrill Edge®, a benefit that is currently available at the Platinum and Platinum Honors tiers of Preferred Rewards. Platinum Privileges® clients who enroll in Preferred Rewards and qualify for the Gold tier could potentially lose this benefit.

1. The Rewards Money Market Savings interest rate booster is only available to customers enrolled in the Preferred Rewards program. Your enrollment in Preferred Rewards will not automatically convert any existing money market savings account to a Rewards Money Market Savings account without your request. If your enrollment in the Preferred Rewards program is discontinued, the interest rate booster may be discontinued. The interest rate in the interest rate booster example is for illustrative purposes only. For current interest rate information, view our Rewards Money Market Savings rates.

2. Bonus will vary based on your type of rewards program. BankAmericard Cash Rewards™ and BankAmericard Privileges® with Cash Rewards bonuses apply to rewards redeemed into a Bank of America® checking or savings account or a Merrill Lynch Cash Management Account®. BankAmericard Travel Rewards® bonus applies to customers with a qualifying account. For these cards, if enrolled in Preferred Rewards, your base reward earnings will increase by 25%, 50% or 75%, depending on eligible tier. For example, if you earn $100 in base rewards, your Preferred Rewards bonus will add $25, $50 or $75 to your reward earnings, totaling $125, $150 or $175, depending on your tier. The bonus will replace the customer bonus you may already receive with the card. For all other eligible points and cash rewards cards, the Preferred Rewards bonus is applied to the monthly base rewards depending on eligible tier. See a complete list of ineligible cards and additional program details layer.

3. Visit the Bank of America Preferred Rewards page for a list of no-fee banking services, or review the Personal Schedule of Fees for your state, also available at your financial center.

Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing. MLPF&S is a registered broker-dealer, member SIPC and a wholly owned subsidiary of Bank of America Corporation.

Merrill Lynch makes available products and services offered by MLPF&S and other subsidiaries of Bank of America Corporation.

Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

SafeBalance Banking, Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation.

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.

© 2015 Bank of America Corporation. All rights reserved.

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