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It’s not just rewards – it’s appreciation

Preferred Rewards is our way of showing you our appreciation – with benefits and rewards built around the different ways you work with us.  As a client and member of the award-winning Bank of America Preferred Rewards program1, you can enjoy exclusive benefits and rewards.

Maximize your benefits as a Preferred Rewards member

Bank of America Private Bank + Preferred Rewards = More rewards

One program. Many benefits.

Your member benefits are designed to reward your relationship across all of Bank of America,
with a specially curated set of exclusive benefits and premier experiences.

 

Diamond

$1MM to < $10MM three-month combined average daily balance

Diamond Honors

$10MM+ three-month combined average daily balance
Bank of America® credit card rewards bonus 2
For eligible cards
75% 75%
Bank of America Advantage Savings interest rate booster 3
For example, if the interest rate on a Bank of America Advantage Savings account is 1.00%, a 20% rate booster would increase the interest rate to 1.20%. Interest rate shown is for illustration only. Visit bankofamerica.com/savings for current rates.
20%
rate booster
20%
rate booster
No-fee transactions at non-Bank of America ATMs in the U.S.
Withdrawals, balance inquiries and balance transfers 4
Unlimited, Domestic and International Unlimited, Domestic and International
Foreign currency exchange rate discount
For mobile and online orders only, includes free standard shipping
2% 2%
Mortgage origination fee reduction or Interest rate reduction on new purchase or refinance mortgage 5

PayPlan must be established for interest rate reduction
0.250% interest rate reduction 0.375% interest rate reduction
Home Equity Line of Credit interest rate discount 6 0.625% 0.750%
Auto purchase or refinance loan interest rate discount 7 0.50% 0.50%
Up to 4 eligible checking and 4 savings accounts with no monthly maintenance fee
No fees on select everyday banking services,
including standard check orders, incoming domestic wire transfers and more 8
Lifestyle benefits
Exclusive access to unique experiences and premium offers 9
Merrill Guided Investing—annual program fee discount 10
Other fees may apply *
0.15% 0.15%

Investment products:

Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value

 

Exclusive rewards for Diamond and Diamond Honors tier members

You’ll have access to our lifestyle benefits — premium offers, experiences and services curated across luxury categories including travel, style, wine, sports, personal services, automotive and more.

Imagined with you in mind

Enjoy exclusive benefits as a Preferred Rewards member and elevate your wealth management relationship.

Curated to you

Premier services for your unique needs and one-of-a-kind experiences to match your lifestyle.

Rewarding what you already do

Privileges that complement your relationship with us. 

Recognizing your relationship

Make the most of our relationship with premium benefits that take you further.

All about appreciation

Exclusive rewards and benefits: our way of thanking you for doing business with us.

Get started

There’s no time like the present to take advantage of all Preferred Rewards has to offer.
Connect with your advisor today or visit bankofamerica.com/myrewards.

Frequently asked questions

What are Bank of America Preferred Rewards lifestyle benefits offers?

How do I become a Bank of America Preferred Rewards Diamond or Diamond Honors tier member?

How can I move to a higher Preferred Rewards tier?

Do I need a Bank of America login to take advantage of the lifestyle benefit offers?

Once I enroll in Preferred Rewards as a Diamond or Diamond Honors tier member, how long until I will be able to access lifestyle benefits?

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