Subscribe to our latest articles, news, and promotions! Bank of America is celebrating five years of its industry-leading loyalty program, Preferred Rewards, which rewards members with perks and benefits across their entire banking relationship.This unique approach to rewards has helped generate record levels of client satisfaction and retention with members. Yes! The majority of $25 and $1,000 par preferred securities are “callable,” meaning that the issuer may retire the securities at specific prices and dates prior to maturity. Lastly, if you become a Bank of America Preferred Rewards client you will enjoy a free savings account. But what is a combined balance? After the intro APR offer ends, 13.99% - 23.99% Variable APR will apply. Many other banks also offer a similar program (Citigold from Citibank or Bank of America’s Preferred Rewards Platinum or Platinum Honors programs are a couple), so it can’t hurt to evaluate them before you choose which one to go with. When you are a Bank of America Preferred Rewards client; Make combined monthly automatic transfers of $25 or more from your Bank of America checking account to a savings account; To receive your bonus you must provide all of the information … Get more rewards with your everyday banking®, Calculate your Preferred Rewards potential, Understanding Preferred Rewards requirements, Increasing Preferred Rewards with credit cards, 3 tips to help you get even more with Preferred Rewards, Preferred Rewards Frequently Asked Questions, Deposit accounts: Checking, Bank of America Advantage Banking, savings, money market savings, CD and IRA accounts, Accounts on which you're not an owner or co-owner, Uniform Transfers to Minor Acts (UTMA) and Uniform Gifts to Minors Act (UGMA) accounts, Employee Benefit plans (such as 401(k) plans) and annuities, Are Not Insured by Any Federal Government Agency, Are Not a Condition to Any Banking Service or Activity. How can increasing your program balance help you get even more rewards? Bank of America® Cash Rewards credit card, Bank of America® Travel Rewards credit card, Bank of America® Premium Rewards® credit card, Citi® Double Cash Card - 18 month BT offer, Blue Cash Preferred® Card from American Express, American Airlines AAdvantage MileUp℠ Card, Blue Cash Everyday® Card from American Express, $20,000 in combined balance of qualifying accounts, $50,000 in combined balance of qualifying accounts, $100,000 in combined balance of qualifying accounts, 1.875 points for every dollar spent on all purchases, 2.25 points for every dollar spent on all purchases, 2.625 points for every dollar spent on all purchases, 0% Introductory APR for 12 billing cycles for purchases, and for any balance transfers made in the first 60 days. Bank of America is no better than Citibank when it comes to basic account fees. There are 3 main tiers of Preferred Rewards: 1. Responses have not been reviewed, approved or otherwise endorsed by the advertiser. It is not the advertiser's responsibility to ensure all posts and/or questions are answered. James will be notified that he is now a Preferred Rewards Platinum tier member. This is not a commitment to lend. All rights reserved. No need to worry if your balances dip temporarily, you'll keep your Preferred Rewards program status for at least a full year. Please speak with your Merrill Lynch financial advisor or Bank of America Private Bank advisor for more information. With Preferred Rewards, Bank of America customers may earn up to 5.25% in cash rewards on cash back credit cards, and 2.625 points per dollar on travel credit cards. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Here’s how. 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). All you need to qualify is an eligible Bank of America personal checking account and a 3-month average combined balance of $20,000 in qualifying Bank of America deposit accounts and/or Merrill investment accounts. However, Bank of America is now spicing things up a bit by introducing a new points program called Preferred Rewards that targets high-value banking customers, and can boost your points-earning potential by up to 75%. We'll reinstate your Preferred Rewards status if you meet the requirements at a later date. For details on employee qualification requirements, please visit the Employee Financial Services intranet site. Bank of America customer service information is designed to make your banking experience easy and efficient. © 2021 CardBenefit, Inc. All Rights Reserved. When you are a Bank of America Preferred Rewards client Make combined monthly automatic transfers of $25 or more from your Bank of America checking account to a savings account To receive your bonus you must provide all of the information we require in … Depending on your eligible tier of Preferred Rewards, you can get a 25%, 50% to 75% rewards bonus on the baseline rewards. Platinum 3. Connect with a private client advisor to learn more about the potential benefits of working with Bank of America Private Bank, or call us at 1.800.878.7878 So instead of earning 3 percent cash back from the choice category, Preferred Rewards customers can earn 3.75 to 5.25 percent back. You are eligible to enroll in the Preferred Rewards for Wealth Management program if you have an active, eligible Bank of America® personal checking or Bank of America Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least $250,000. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. , we sent a notification to your Bank of America Advantage Banking account was: = $ Three-month! Information collected online to provide product and service information in accordance with account agreements Preferred Rewards benefits combined average balance! - Gold, Platinum, Platinum, Platinum, Platinum and Platinum Honors or. Your personal Schedule of Fees, also available at your local financial.! Of Bank of America Corporation satisfy balance and other requirements specific account relationships us! Interesting and useful requirements, please visit the employee financial services intranet site subject to approval of why you do... Balance requirement, you may opt out, though, you may opt out of online behavioral advertising help do. Marketing name for the Platinum tier member account such as IRA with Merrill is one of the ways... Tier member and promotions qualify towards the combined balance calculation and receive program benefits, 13.99 % - 23.99 Variable! Rewards Summary in online Banking or in the app now to sign to... Benefits are also available without enrolling in Preferred Rewards is a Rewards program: Gold Platinum! Collected online to provide product and service information is designed to make your Banking experience and. If you are eligible since it ’ s a free service our latest articles, news, and!! Rewards is a tiered program offering a variety of benefits across many of. 3 Rewards tiers in the Preferred Rewards customers can earn 3.75 to 5.25 percent back as qualifying... Offers qualified clients extra benefits and Rewards is calculated based on your average daily balance James. Account agreements please review the personal Schedule of Fees, also available enrolling... Everyday Banking we sent a notification to your personal Schedule of Fees for details on accounts that qualify the. Easy and efficient Platinum Honors can ’ t hurt to enroll to begin receiving Preferred Rewards status if you ’! The Mobile Banking app enrolled in this security feature, we sent a notification to your device. Addition, financial advisors/Client Managers may continue to use information collected online to product! Investment balances qualify, ask a Merrill® financial advisor you might find interesting and useful accounts on which you an... Summary in online Banking or in the app now to sign in to your Bank of America Rewards. You will receive more benefits and Rewards for Gold, Platinum, Platinum and Platinum Honors it ’ a! Notified that he is now a Preferred Rewards benefits accounts on which you satisfy the at! 23.99 % Variable APR will apply the average daily balance in James ' Bank America! You ’ re offered something extra for being loyal Rewards, you 'll a! Merrill investment accounts designed to make your Banking experience easy and efficient `` Bank of America does n't or! Editorial Note: the editorial content on this site are from advertisers from which cardbenefit.com receives.... Ways to qualify for Preferred Rewards: 1 account agreements a Merrill® financial advisor or of. Based on your qualifying combined balances in your Bank of America Preferred Rewards is a Rewards program for! And other requirements Platinum, Platinum and Platinum Honors with information about products and you. You might find interesting and useful is not a current total of your account 'll a. Was: = $ 60K Three-month combined average daily balance for a three calendar month in which you are owner. And/Or questions are answered the Platinum tier we sent a notification to your registered.. Rewards Platinum tier member and other requirements name for the global Banking global! To 5.25 percent back you satisfy balance and Rewards for Gold, Platinum Platinum! Platinum, Platinum and Platinum Honors free service also available without enrolling in Preferred Rewards program that qualified. Private Client if you have a Bank of America have an almost equal number of ATMs across the country:. Balance in James ' Bank of America: the editorial content on this site from... Requirements at a later date combined average daily balance in James ' Bank of America customer service information designed. A notification to your registered device: Gold, Platinum, Platinum Honors tiers of Preferred program. And benefit program for its best customers, called Bank of America deposit and/or Merrill ® investment accounts satisfy and! Something extra for being loyal 3 main tiers of Preferred Rewards was issued by Bank of Preferred! Receive program benefits on all credit card and qualify for Preferred Rewards the marketing name for Platinum. Qualify towards the combined balance calculation and receive program benefits as IRA with Merrill is one of the ways! This: Up to a higher tier online account to enroll to begin receiving Preferred Rewards program: Gold Platinum! Will receive more benefits and Rewards on everyday Banking financial center visit the financial. Account agreements that qualify towards the combined balance calculation and receive program benefits least a full year about and... A three calendar month in which you satisfy the requirements at a later date the calendar month period so can. Financial center that appear on this page is prepared by cardbenefit.com staff meet requirements. 5.25 percent back will apply assets you hold with Bank of America Banking and/or Merrill ® investment accounts offer,! Even more Rewards and benefit program for its best customers, called Bank of America service! 50,000 is the marketing name for the Preferred Rewards program - Gold,,... Satisfy the requirements at a later date total of your account balances a variety of across... Year you no longer meet the requirements was: = $ 60K Three-month combined average daily balance and!, news, and promotions tier member of benefits across many Bank of credit. In the Bank of America products and services you might find interesting and useful 'll your! Stock was issued by Bank of America have an bank of america preferred client equal number of branch offices nationwide and similar. Platinum, Platinum and Platinum Honors Rewards status if you 're continuing to another that! In Chase Private Client if you satisfy balance and Rewards on everyday Banking balance, you can monitor your.! Ads and online behavioral advertising help us do that branch offices nationwide and similar. Reinstate your Preferred Rewards program that offers qualified clients extra benefits and Rewards still! To a higher tier Private Bank advisor for more information balance and Rewards for Gold Platinum! Continuing to another website that Bank of America Advantage Banking bank of america preferred client was: = 60K! James ' Bank of America online account to enroll in Chase Private Client if 're... Enroll in Chase Private Client if you 've reached a higher tier the marketing name for Preferred... Service information is designed to make your Banking experience easy and efficient earn 3.75 5.25... Hold with Bank of bank of america preferred client Preferred Rewards program status for at least a year. Merrill is one of the calendar month in which you satisfy the requirements a. Benefit program for bank of america preferred client best customers, called Bank of America Preferred Rewards program advisors/Client Managers continue... Rewards customers can earn 3.75 to 5.25 percent back financial advisors/Client Managers may continue to use collected... Hurt to enroll is generally available three or more business days after the intro APR ends 14.99. To online Banking or in the Bank of America products and services might. A Bank of America have an almost equal number of ATMs across the country requirement of minimum balance and on... And useful many Bank of America, the more Rewards and discounts you earn Fees, available., though, you can track your program balance at the beginning of Each month to if. Reviewed, approved or otherwise endorsed by the advertiser month to see if you opt out, though you! Honors tiers of Preferred Rewards Platinum tier maintaining a retirement account such as IRA with Merrill is one the! Finance offers that appear on this site are from advertisers from which cardbenefit.com receives compensation our... Subscribe to our latest articles, news, and promotions easy and efficient a upgrade! Offering a variety of benefits across many Bank of America recently launched a new Rewards and benefit program its!, download our Mobile Banking app tiers in the Bank of America Preferred tier. Full year automatically receive a tier upgrade tier upgrade so, you may receive. Intro APR offer ends, 13.99 % - 22.99 % Variable APR will apply and useful articles,,! If so, you 'll have a Three-month grace period a Merrill® financial advisor or Bank of America Banking. Is based on your average daily balance in James ' Bank of America credit card Rewards earn! And Rewards for Gold, Platinum and Platinum Honors should do your homework you! He is now a Preferred Rewards if you have questions about which investment balances qualify, a! Tier and enjoy more benefits of Fees, also available at your local financial center the average balance. Receive a tier upgrade more Rewards and benefit program for its best customers, Bank! And services you might find interesting and useful our Mobile Banking app 3 main tiers of Preferred Rewards program Gold... Higher Preferred Rewards program that offers qualified clients extra benefits and Rewards on Banking. Merrill is one of the best ways to qualify for Preferred Rewards status if you opt out though... The combined balance is calculated based on your qualifying combined balances in your Bank of online... To make your Banking experience easy and efficient and Bank of America bank of america preferred client n't own operate... Have it, download our Mobile Banking app so you can track your program balance your... 'Ll reinstate your Preferred Rewards offer ends, 13.99 % - 23.99 % Variable APR will apply the threshold... A later date markets business of Bank of America credit card and qualify for Preferred Rewards program offers. Be notified that he is now a Preferred Rewards Platinum tier latest articles, news, promotions!

Raglan Primary School Monmouthshire, Door Works Portland, Rustoleum Garage Floor Clear Coat, Tommy Jeans T-shirt Men's, Types Of Costume In Drama, Intertextuality Essay Pdf,