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welcome preferred client You have access to a full range
of solutions in one place–plus, you
may be eligible for exclusive benefits
and rewards.

Banking | Lending | Advice | Rewards | Investing with Merrill

Everything you need to manage your finances

From streamlined banking capabilities to rewards on everyday banking and so much
more—Bank of America gives you everything you need to optimize your finances today while driving towards
your future ambitions. Plus, we can help you stay on track toward your goals with Bank of America Life Plan®. And with Merrill, you can get personalized investment solutions.

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Graphic shows a mobile phone with the text “Benefits you don't want to miss” in the middle, surrounded by the following details:

Powerful digital tools
Turning your financial plans into action with the right tools, resources and expertise at your fingertips.

Rewards and perks
Get rewarded for your relationship with Bank of America Preferred Rewards.

Advice
Experienced specialists can help with planning and borrowing, and Merrill specialists can help with investing.

Everyday banking
Banking, credit cards and lending solutions to fit your needs.

Bank of America Preferred Rewards: A truly rewarding relationship

Bank of America Preferred Rewardsfootnote 1 is our way of saying we value you. When you qualify for and enroll as a member, you can enjoy many exclusive benefits designed around the ways you save, spend and borrow with Bank of America and invest with Merrill.
And as your balance grows, the benefits you receive do too.

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Credit card
rewards

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Interest rate discounts and fee reductions

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No fees on select banking services

The more you do with us the more rewards you earn

Earn even more rewards on everyday credit card purchases

your credit card plus enrolled in preferred rewards equals earn even more

Unlimited Cash Rewards

silver unlimited cash rewards credit card

$200
Online Bonus Offer

No Annual Fee

With Bank of America Preferred Rewards, you could earn a 25%-75% rewards bonus, that means up to 2.62% cash back on all purchases.

See Terms and Conditions for Unlimited Cash Rewards card.

Customized Cash Rewards

red cash rewards credit card

$200
Online Bonus Offer

No Annual Fee

With Bank of America Preferred Rewards, you could earn a 25%-75% rewards bonus, that means up to 5.25% cash back in the 3% choice category, plus a rewards bonus on all other purchases.

See Terms and Conditions for Customized Cash Rewards card.

Travel Rewards

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25,000
Online Bonus Points Offer

No Annual Fee

With Bank of America Preferred Rewards, you could earn a 25%-75% rewards bonus, that means up to 2.62 points for every $1 you spend on purchases.

See Terms and Conditions for Travel Rewards card.

Premium Rewards®

black premium rewards credit card

50,000
Online Bonus Points Offer

Low $95 Annual Fee

With Bank of America Preferred Rewards, you could earn a 25%-75% rewards bonus, that means up to 3.5 points on travel and dining purchases and up to 2.62 points on all other purchases, for every $1 you spend.

See Terms and Conditions for Premium Rewards® card.

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Merrill has solutions for your investing goals

Choose to invest on your own or with the help of a professional. Plus, investment account balances can help you qualify for a higher tier of Preferred Rewards so you can earn even more rewards.

MERRILL EDGE® SELF-DIRECTED Put your ideas into action

Build your own portfolio and choose your own investments with personalized tools, research and insights.
Plus, get up to $600 when you invest in a new account.footnote 7

MERRILL GUIDED INVESTING Invest online with professional help

Get a portfolio that’s monitored and rebalanced by a team of Merrill investment professionals. footnote 8

Preferred Rewards members get up to 0.15% annual program fee discount.footnote 8

Other fees may apply.*
Merrill Guided Investing is an Investment Advisory Program.

MERRILL GUIDED INVESTING WITH AN ADVISOR Work one-on-one with an advisor

Work with an advisor to define and pursue your investing goals and get ongoing advice when you want it.footnote 8
Preferred Rewards members get up to 0.15% annual program fee discount.footnote 8

Other fees may apply.*
Merrill Guided Investing is an Investment Advisory Program.

Whatever your goals, Life Plan® can help

life plan graphic

This graphic shows bubbles of various sizes and shades of blue representing your financial goals.

 

The text on the large dark blue bubbles includes:

Travel

Buy a home

Save for retirement

Welcome a child

Give back

 

The text on the medium bright blue bubbles includes:

Save money

Start a new job

Start a business

 

The text on the small light blue bubbles includes:

Make estate plans

Improve Credit

Volunteer

Budget and start saving

Get married

Pay down credit cards

Cover health care costs

Enjoy a hobby

Live together

Give money as a gift

Learn a new skill

Buy a car

Save for education

Refinance

Turn your goals into action

Introducing Bank of America Life Plan® — an easy way to set and track short- and long-term
financial goals, get personalized advice when you need it most and more. footnote 9

merrill financial solutions advisor with client

There for you when you need us

From refinancing to planning for the future, we’re here to help. And when it comes to investing, Merrill can offer you the help you need too. When you schedule an appointment, you can tell us in advance what you’d like to talk about so we can make the most of your visit.

To enroll in the Preferred Rewards program you must have an active, eligible personal checking account with Bank of America® and maintain the balance required for one of the balance tiers in your combined qualifying Bank of America deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill investment accounts (such as Cash Management Accounts, 529 Plans). You can satisfy the combined balance requirement for enrollment with either:

  1. a three-month combined average daily balance in your qualifying deposit and investment accounts
  2. a current combined balance, provided that you enroll at the time you open your first eligible personal checking account and satisfy the balance requirement at the end of at least one day within 30 days of opening that account.

You must have a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier, $1,000,000 for the Diamond tier and $10,000,000 for the Diamond Honors tier. Private Bank clients qualify to enroll in the Diamond tier, and may qualify for the Diamond Honors tier based on their qualifying Bank of America, Merrill, and Private Bank balances. Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits, available at bankofamerica.com/fees. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. 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 Financial Services intranet site.

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Certain credit cards are eligible to receive a Preferred Rewards bonus. Enrolled Preferred Rewards members with eligible Bank of America® credit cards can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier, or 75% for the Platinum Honors, Diamond or Diamond Honors tier on each purchase. If your card receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus. You will not receive the Preferred Rewards bonus when you redeem your Cash Rewards or Points. The Preferred Rewards bonus for eligible cash rewards credit cards will be applied after all base and bonus cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $3.75, $4.50 or $5.25 based on your tier when the purchase posts to your account. For all other eligible card types, a purchase that earns 100 base points will actually earn 125, 150, or 175 points, based on your tier when the purchase posts to your account. The Preferred Rewards bonus is not applied to any account opening bonus, if applicable. The Preferred Rewards bonus also does not apply to the bonus earn for certain programs. This information can be found in the Program Rules associated with those credit cards. Other terms and conditions apply. Please refer to your card’s Program Rules for details about how you will receive the Preferred Rewards Bonus. Program Rules are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.

Visit bankofamerica.com/preferred-rewards for a complete list of ineligible cards.

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Home Equity Line of Credit (HELOC) interest rate discounts are available to clients who are enrolled or are eligible to enroll in Preferred Rewards at the time of home equity application (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). Amount of discount (0.125% for Gold tier, 0.250% for Platinum tier and 0.375% for Platinum Honors tier) is based on your eligible tier at the time of home equity application and is not subject to adjustment. Eligibility will be available three or more business days after the end of the calendar month in which you satisfy the requirements. For details on requirements, visit the Preferred Rewards section of the Personal Schedule of Fees. Benefit is non-transferable. Preferred Rewards home equity benefit can be combined with certain other home equity interest rate discounts.

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Auto loan preferred interest rate discount of 0.25% to 0.50% is based on reward tier and valid only for enrolled Preferred Rewards members or Preferred Rewards for Wealth Management clients at the time of auto loan application who obtain a Bank of America auto purchase or refinance loan. The maximum preferred interest rate discount on a Bank of America auto loan is 0.50%. This preferred interest rate discount is not reflected in our published rates on our website but will be reflected in the interest rate quoted upon loan approval. Discounts are only available on auto loan applications submitted by you to Bank of America and not applications submitted through dealerships. Benefit is non-transferable. Subject to credit approval. Standard underwriting guidelines and credit policies apply.

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The origination fee reduction is available to clients who are enrolled or are eligible to enroll in Preferred Rewards at the time of application for a new purchase or refinance loan (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). Amount of the reduction ($200 for Gold tier, $400 for Platinum tier and $600 for Platinum Honors tier) is based on your eligible tier at the time of mortgage application and is not subject to adjustment. This reduction will not exceed the amount of the Lender Origination Fee. Eligibility will be available three or more business days after the end of the calendar month in which you satisfy the requirements. Some discounts cannot be combined. For details on requirements, visit the Preferred Rewards section of the Personal Schedule of Fees. Benefit is non-transferable.

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Monthly maintenance fee waived on up to four checking and savings accounts. Visit the Preferred Rewards page for a list of no-fee banking services.

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Offer valid for new individual Merrill IRAs or Cash Management Accounts (CMAs). Offer is limited to one CMA and one IRA, with no more than two enrolled accounts per accountholder. Eligible Merrill Edge IRAs limited to Rollover, Traditional, Roth and Sole-Proprietor SEP only. The Merrill IRA or CMA may be a Merrill Edge Self-Directed account, Merrill Edge Advisory Account or Merrill Guided Investing account. You may be eligible for a different or better offer. Please contact us for more information.

Offer Limitations: This offer does not apply to business/corporate accounts, investment club accounts, partnership accounts and certain fiduciary accounts held with Merrill Edge, or to any types of accounts (including IRAs or CMAs) held with other business units of Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S). Merrill Edge reserves the right to change or cancel this offer at any time, without notice. This offer may not be used as an inducement to sell any kind of insurance, including annuities.

How it Works:

  1. You must enroll during account opening by entering the offer code in the online application or by providing it when speaking with a Merrill Edge Financial Solutions Advisor™ at 888.MER.EDGE (888.637.3343) or at select Bank of America financial centers. You are solely responsible for enrolling or asking to be enrolled in the offer.
  2. Fund your account with at least $20,000 in qualifying net new assets within 45 days of account opening. Assets transferred from other accounts at Bank of America, MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count towards qualifying net new assets.
  3. After 90 days of meeting the funding criteria described in Step 2, your cash reward will be determined by the qualifying net new assets in your account (irrespective of any losses or gains due to trading or market volatility) as follows:

    Qualifying Net New Asset Balance

    Cash Reward

    Less than $20,000

    $0

    $20,000 to $49,999

    $100

    $50,000 to $99,999

    $150

    $100,000 to $199,999

    $250

    $200,000 or more

    $600

  4. Your one-time cash reward will be deposited into your Merrill Edge IRA or CMA within two weeks following the end of the 90 day period. If your account is enrolled in an investment advisory program, such as Merrill Edge Advisory Account or Merrill Guided Investing, any cash reward deposited into your account will be subject to the program fee and other terms of the investment advisory program.

For purposes of this offer, qualifying net new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts, and subtracting assets withdrawn or transferred out of the account within the preceding 24 weeks.

Tax Disclaimer: The value of the reward you receive may constitute taxable income. Merrill Lynch may issue an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of the reward. Please consult your tax advisor. Bank of America Corporation and its affiliates and associates do not provide tax advice.

You have choices about what to do with your employer-sponsored retirement plan accounts. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth IRA, roll over an employer-sponsored plan from your old job to your new employer, take a distribution, or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment (particularly with reference to employer stock), and different types of protection from creditors and legal judgments. These are complex choices and should be considered with care. For more information on rolling over your IRA, 401(k), 403(b) or SEP IRA, visit our rollover page or call a Merrill Rollover Specialist at 888.637.3343.

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Please review the applicable Merrill Guided Investing Program Brochure (PDF) or Merrill Guided Investing with Advisor Program Brochure (PDF) for information including pricing, rebalancing, and the details of the investment advisory program. Your recommended investment strategy will be based solely on the information you provide to us for this specific investment goal and is separate from any other advisory program offered with us. If there are multiple owners on this account, the information you provide should reflect the views and circumstances of all owners on the account. If you are the custodian of this account for the benefit of another person, please keep in mind that these assets will be invested for the benefit of the other person. Merrill Guided Investing is offered with and without an advisor. Merrill, Merrill Lynch and Merrill Edge investment advisory programs are offered by Merrill Lynch, Pierce, Fenner and Smith Incorporated ("MLPF&S"). MLPF&S and Managed Account Advisors LLC ("MAA") are registered investment advisers. Investment advisor registration does not imply a certain level of skill or training.

Clients enrolled in Preferred Rewards receive a Preferred Rewards discount off the Merrill Guided Investing program’s annual asset-based fee of 0.45%, and the Merrill Guided Investing with Advisor and Merrill Edge Advisory Account programs’ annual asset-based fee of 0.85% for any of their accounts enrolled in the respective advisory programs. Preferred Rewards enrolled clients receive a discount of 0.05% off of the annual rate for the Gold tier, 0.10% for the Platinum tier, or 0.15% for the Platinum Honors tier based on their Preferred Rewards tier effective at the time the applicable advisory program fee is calculated. Bank of America Private Bank clients will also receive a discount of 0.15% off of the annual rate. It may take up to 30 calendar days for changes to your Preferred Rewards status or tier to be associated with and effective for your accounts in the advisory programs. This fee is charged monthly in advance. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Actual fund expenses will vary; please refer to each fund's prospectus. Preferred Rewards for Wealth Management clients other than Bank of America Private Bank clients, do not receive the Merrill Guided Investing fee discount.

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To view or use Life Plan, you must be enrolled in Online Banking or Mobile Banking. Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.

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