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About Bank of America Preferred Rewards. ... The program offers four tiers: Gold, Platinum, Platinum Honors, and Diamond, each based on your account balances. Gold: $20K to less than $49,999.
Many Bank of America customers will now face a $12 a month fee if they don’t maintain a $1,500 balance or have a direct deposit of $250. ... you will need to be a Preferred Rewards program ...
With the Bank of America Cash Rewards credit card, you earn up to 3% cash back with no annual fee. The card also comes with a low introductory annual percentage rate for 15 billing cycles.
The Merrill Accolades American Express Card, previously known as the Bank of America Accolades Card, was the first premium credit card offered by Bank of America.It is targeted exclusively at the bank's "affluent, wealthy and ultra- wealthy clients served through Premier Banking & Investments, The Private Bank of Bank of America and its extension, Family Wealth Advisors."
In 2007, Bank of America partnered with Brighter Planet to offer an eco-friendly credit card, and later a debit card, which help build renewable energy projects with each purchase. [131] Bank of America has also donated money to help health centers in Massachusetts [132] and made a $1 million donation in 2007 to help homeless shelters in Miami ...
Merrill Edge joined brokerage wars in October of 2019 with unlimited free trades for roughly 6 million retail customers in Bank of America's Preferred Rewards loyalty program. [20] [21] Two months later, in December, it was extended to all self-directed accounts. Its predecessor had pioneered zero-dollar trades in 2006, for select investors. [19]
As one of the largest financial institutions in the United States, Bank of America has a lot to offer. The range of personal and business account options is impressive, and the availability of ...
Many banks no longer impose minimum balance requirements on everyday checking, but premium accounts — like Bank of America Preferred Rewards — often come with hefty minimum balance ...