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Invest with Merrill and bank with Bank of America

Financial capabilities in the palm of your hands

Investing with Merrill and banking with Bank of America from the convenience of your mobile device make it a snap to keep track of your money at home or on the go.
  • Get a complete picture of your finances with a single login
  • Bank and invest anytime, anywhere with our secure mobile app
  • Act quickly on financial decisions with instant transfers between eligible accountsFootnote 2

Bank of America Preferred Rewards

Maximize Merrill and Bank of America rewards

Preferred Rewards gives you more from life's everyday moments. With Bank of America Preferred Rewards, you get rewarded for the things you do every day.Footnote 1
I want to...
I want to...
Tab 1 of 6: Save for a big purchase selected
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
Earn a 5% interest rate booster on a Bank of America Advantage Savings account.Footnote 3
Earn a 10% interest rate booster on a Bank of America Advantage Savings account.Footnote 3
Earn a 20% interest rate booster on a Bank of America Advantage Savings account.Footnote 3
View all gold tier rewards  on our Preferred Rewards page
Tab 2 of 6: Buy a car
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
You get a 0.25% auto loan interest rate discount.Footnote 6
You get a 0.35% auto loan interest rate discount.Footnote 6
You get a 0.50% auto loan interest rate discount.Footnote 6
View all gold tier rewards  on our Preferred Rewards page
Tab 3 of 6: Buy a home
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
You get a $200 reduction on the orgination fee for a new purchase or refinance mortgage.Footnote 5
You get a $400 reduction on the orgination fee for a new purchase or refinance mortgage.Footnote 5
You get a $600 reduction on the orgination fee for a new purchase or refinance mortgage.Footnote 5
You get a 0.250% interest rate reduction when PayPlan is established.Footnote 5
View all gold tier rewards  on our Preferred Rewards page
Tab 4 of 6: Prep for retirement
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
Receive a 0.05% Merrill Guided Investing fee discount.Footnote 7
Receive a 0.10% Merrill Guided Investing fee discount.Footnote 7
Receive a 0.15% Merrill Guided Investing fee discount.Footnote 7
View all gold tier rewards  on our Preferred Rewards page
Tab 5 of 6: Grow my savings
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
Receive a 0.05% Merrill Guided Investing fee discount.Footnote 7
Receive a 0.10% Merrill Guided Investing fee discount.Footnote 7
Receive a 0.15% Merrill Guided Investing fee discount.Footnote 7
View all gold tier rewards  on our Preferred Rewards page
Tab 6 of 6: Travel more
Enter your estimated 3-month average combined balances from your Bank of America® deposit and/or Merrill® investment accounts  - minimum $20,000
Select to reset calculator
3-month balance average (minimum $20,000)

Your Preferred Rewards Tier
Gold
$20K to <$50K
Earn a 25% credit card reward bonus with your Bank of America credit card.Footnote 4
Earn a 50% credit card reward bonus with your Bank of America credit card.Footnote 4
Earn a 75% credit card reward bonus with your Bank of America credit card.Footnote 4
View all gold tier rewards  on our Preferred Rewards page
#1 Overall Client Experience Footnote 1 #1 Client Dashboard Footnote 2 Best in Class award for "High Net Worth Investors" Footnote 6 StockBrokers.com 2024 Annual Broker Review Merrill named #1 for access to banking Footnote 5 StockBrokers.com 2024 Annual Broker Review

Financial control that complements your lifestyle

Funding and trading
Fund your brokerage account immediately so you can act fast on trades.
Text Messager 1: Hey, did you see that price alert for XYX? I think we should make that trade. What do you think?
Text Messager 2: I think you're right. Let me transfer money from checking. Can you make the trade?
Text Messager 1: Yeah, done! Go team!
For illustrative purposes only
For illustrative purposes only

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Footnote 
1 Preferred Rewards Program Eligibility. You can enroll, and maintain your membership, in the Bank of America Preferred Rewards® program if you have an active, eligible personal checking account with Bank of America® and maintain the balance required for one of the balance tiers. The balance tiers are $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier, and $1,000,000 for the Diamond Honors tier. Balances include 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, or
  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.
Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. 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. Bank of America Private Bank clients qualify to enroll in the Diamond Honors Tier regardless of balances. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Bank of America employee qualification requirements, please call Employee Financial Services or refer to the Bank of America intranet site. Employees of companies participating in the Bank of America Employee Banking and Investing Program may be eligible to participate on customized terms. Refer to CEBI Program for details.
Footnote 
2 Merrill Edge Self-Directed was awarded No. 1 Overall Client Experience and received an overall rating of 4.5 out of 5 stars from StockBrokers.com. Evaluated as one of 17 online brokers in Go to third-party website StockBrokers.com 2024 Online Broker Review popup published on January 23, 2024. StockBrokers.com evaluated brokers using 181 variables across 8 categories. The Overall Client Experience award recognizes the best user experience for typical U.S. retail investors. StockBrokers.com testing simulates dozens of workflows for investors and traders alike. Key criteria include satisfying user intent, design, customer support, platform responsiveness, convenience, workflow, education, marketing communications, and transparency. Go to third-party website Learn more about the methodology at StockBrokers.com popup. Rankings and recognition from StockBrokers.com are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 
3 Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, Bank of America Advantage SafeBalance Banking™, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
Footnote 
4 Merrill Edge Self-Directed was awarded No. 1 for Client Dashboard and received an overall rating of 4.5 out of 5 stars from StockBrokers.com. Evaluated as one of 17 online brokers in Go to third-party website StockBrokers.com 2024 Online Broker Review popup published on January 23, 2024. StockBrokers.com evaluated brokers using 181 variables across 8 categories. The Client Dashboard award recognizes the best homepage summary for a typical U.S. retail investor. StockBrokers.com prioritized relevancy of information, layout, design, consolidated views, and clear labeling of key data. Go to third-party website Learn more about the methodology at StockBrokers.com popup. Rankings and recognition from StockBrokers.com are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 
5 Merrill Edge Self-Directed received a Best in Class Award for “High Net Worth Investors,” and an overall rating of 4.5 out of 5 stars from StockBrokers.com. Evaluated as one of 17 online brokers in Go to third-party website StockBrokers.com 2024 Online Broker Review popup published on January 23, 2024. StockBrokers.com evaluated brokers using 181 variables across 8 categories. The Best In Class rating recognizes brokers that ranked in the top 5 in that category. Go to third-party website Learn more about the methodology at StockBrokers.com popup. Rankings and recognition from StockBrokers.com are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 
6 Merrill Edge Self-Directed was awarded No. 1 for Bank Brokerage and received an overall rating of 4.5 out of 4.5 stars from StockBrokers.com. Evaluated as one of 17 online brokers in Go to third-party website StockBrokers.com 2024 Online Broker Review published on January 23, 2024. This award recognizes the broker that the editorial team believes provides the best value and experience for intermediate-level U.S. retail investors who want to consolidate their financial activities with one company. StockBrokers.com takes into consideration the breadth of banking services on offer and how well they are integrated with self-directed investing. Go to third-party website Learn more about the methodology at StockBrokers.com. Rankings and recognition from StockBrokers.com are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 7 Zelle® should only be used to send money to friends, family or others you trust. We recommend that you do not use Zelle® to send money to those you do not know. Transfers require enrollment in the service with a U.S. checking or savings account and must be made from an eligible Bank of America consumer or business deposit account. Transactions between enrolled users typically occur in minutes and transactions between enrolled consumers do not typically incur transaction fees. We will send you an email alert with transaction details after you send money using Zelle®. Dollar and frequency limits apply. See the Online Banking Service Agreement at bankofamerica.com/serviceagreement for further details. Data connection required. Message and data rates may apply. Neither Bank of America nor Zelle® offers a protection program for any authorized payments made with Zelle®. Regular account fees apply.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

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Investment products offered through Merrill Lynch, Pierce, Fenner & Smith Incorporated, and insurance and annuity products offered through Merrill Lynch Life Agency Inc.:
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

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory and other services. Additional information is available in our Client Relationship Summary (PDF).

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "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, registered investment adviser, Member SIPC popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp.").
Merrill Lynch Life Agency Inc. ("MLLA") is a licensed insurance agency and wholly owned subsidiary of BofA Corp.

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

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