• SPECIAL OFFER$300 bonus1

Enjoy a more valuable checking experience with a Bank of America Advantage Banking® account.

Your $300 cash bonus is just the beginning

 

With your new Advantage Banking checking account, you'll experience all the benefits of securely banking and investing in one place with Bank of America, including:

 

 

 

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    Preferred Rewards for Wealth Management2, for eligible clients

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    Mobile3 and online banking

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    Additional benefits of banking with Bank of America

Qualify in two simple steps

 

  • Open a Bank of America Advantage Banking account.

  • For each month for three consecutive months, within 180 days of account opening: Maintain a $2,000 or more monthly average balance, AND Use Bank of America Bill Pay or have qualifying direct deposits made into the account.

Speak with your Merrill advisor to take advantage of this exclusive offer today

See Eligibility and Requirements footnote below for additional details.

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Preferred Rewards for Wealth Management

 

Unlock additional rewards

Get reduced fees across a range of banking services and the best benefits, solutions and services available from Bank of America when you enroll in Preferred Rewards for Wealth Management.

 

Contact your advisor to sign up.

See your Merrill investing and Bank of America banking online.

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1 Eligibility and Requirements to Receive the $300 Bonus: This offer is intended for new checking customers only; you are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account or Bank of America Advantage Banking account within the last (12) months. Fiduciary accounts such as trust accounts are not eligible. Each customer is limited to only one checking account for this offer.

 

Offer Requirements:

 

To take advantage of the offer, speak to your Merrill advisor. To be eligible for this offer, you must:

 

1 Open a qualifying new Bank of America Advantage Banking account by February 28, 2021, AND

2 Meet the following requirements with your Bank of America Advantage Banking account within 180 days of account opening, complete the following each month for three consecutive months: Maintain a $2,000 or more average monthly balance AND use Bill Pay to pay a bill with your Bank of America Advantage Banking account OR have Qualifying Direct Deposits into your Bank of America Advantage Banking account.

 

These requirements must be met within the same three consecutive months. A "Qualifying Direct Deposit" is a direct deposit of regular monthly income -- such as your salary, pension or Social Security benefit or other eligible regular monthly income, electronically deposited by an employer or other payer into your new checking account. A transfer done via ATM, online, or teller, or a transfer from a bank or brokerage account, or Merrill account is not a Qualifying Direct Deposit.

 

If the offer requirements are met for the $300 bonus, we will attempt to deposit the earned bonus directly into your eligible Bank of America Advantage Banking account after (30) days but no more than (60) days after qualifying: if we are unable to do so, a check will be issued. Your new Bank of America Advantage Banking account must be open and in good standing up to and including the date any earned bonus is paid in order to receive the bonus.
The minimum deposit required to open a Bank of America Advantage Plus Banking® account is $100. The minimum deposit required to open a Bank of America Advantage Relationship Banking® account and a Bank of America Advantage Relationship Banking® for Wealth Management account is $100. The Annual Percentage Yield (APY) for Bank of America Advantage Relationship Banking is as follows: less than $50,000, 0.01%; $50,000 and over, 0.02%; and the Annual Percentage Yield (APY) for Bank of America Advantage Relationship Banking for Wealth Management is as follows: less than $50,000, 0.01%; $50,000 to less than $1,000,000, 0.02%; $1,000,000 and over, 0.02%. APYs are accurate as of October 5, 2020. Bank of America Advantage Relationship Banking for Wealth Management is a variable rate account. The rates may change after the account is opened. Fees may reduce earnings.

 

Available Only for a Limited Time: This program is a limited time offer and is not available for use in combination with other offers. Offer expires on February 28, 2021. Bank of America may change or discontinue this offer at any time without notice before that date.

 

Additional Terms and Conditions: All account applications are subject to approval. We may require you to provide information to identify each account owner and to report the value of the promotional rate to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W-8 (as applicable).

 

For other account fees, rates and information, please see the Personal Schedule of Fees, to obtain a copy consult your Merrill financial advisor (if applicable), visit a financial center, or go to bankofamerica.com. Fees may reduce earnings.

 

Reproduction, purchase, sale, transfer or trade of this offer is prohibited. Offer may not be combined with any other offer. Offer does not apply to business or second or multiple personal checking accounts.

 

2Preferred Rewards for Wealth Management Program: 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 daily average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least $250,000.Visit bankofamerica.com/preferred-rewards for additional program details. Preferred Rewards for Wealth Management clients, other than Bank of America Private Bank clients, do not receive Merrill Guided Investing discounts as part of this program.

 

3Mobile banking requires that you download the Mobile Banking App and is only available for select mobile devices. Message and data rates may apply.

 

Bank of America, the Bank of America logo, Bank of America Advantage Plus Banking, Bank of America Advantage Relationship Banking, Merrill and the Bull symbol are registered trademarks of Bank of America Corporation.

 

Deposit accounts offered through Bank of America, N.A. are covered by FDIC insurance up to $250,000 per individual, per ownership category.

 

Due to COVID-19 and its impact on the current environment, the United States Postal Service is unable to deliver mail to certain foreign countries1. As a result, Merrill will be delaying mailings to impacted clients. Click here for additional details.

 

1 As of July 27, 2020, the United States Postal Service is unable to deliver mail to the following twenty-three (23) countries: Bermuda, Bolivia, Botswana, Brunei, Cayman Islands, Costa Rica, Cuba, Dominican Republic, Ecuador, Fiji, French Polynesia, Guatemala, Haiti, Honduras, Iraq, Libya, Mauritius, Nepal, Panama, Papua New Guinea, South Africa, Venezuela and Yemen.

 

SEC Share Class Selection Disclosure Initiative

 

Investing involves risk. 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 (including financial planning) and other services. Additional information is available in our Client Relationship Summary.  

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 and a wholly owned subsidiary of BofA Corp.

Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, or U.S. Trust Company of Delaware. Both are wholly-owned subsidiaries of Bank of America Corporation.

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

Investment, insurance and annuity products:

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
© Bank of America Corporation. All rights reserved.
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