• Start earning more from your savings

Earn a variable interest rate, currently at 1.55% APY for 12 months on your savings by opening a Bank of America savings account and depositing $10,000 or more. Offer ends March 31, 2020*

This great rate is just the beginning

A Bank of America savings account can help your savings work as hard as the rest of your financial plan, with the added benefits of linking your banking and investing.


Here's what else you get when you open a Bank of America savings account.


  • No monthly fees

    Get all of the benefits without any of the fees when you meet these requirements.*

  • 24/7 digital access

    Easy access to all of your accounts using the Bank of America mobile app or online banking.

  • Peace of mind

    Enjoy the added confidence and security of knowing your money is FDIC insured.

  • Exceptional service

    Bank of America offers the same level of great service you expect from Merrill.

Get this great rate in 3 steps:

  • Open a new Bank of America savings account by March 31, 2020, deposit $10,000 or more within 45 days of opening your account and maintain a balance of $10,000 or more during the promotional rate period.1

  • You need to have a Bank of America checking account to qualify. If you don't already have a Bank of America checking account, ask your Merrill advisor to help you open one within 45 days of opening your savings account.2

  • During the period between 90 and 120 days after you open your savings account, keep a balance of $2,000 or more in your Bank of America checking account. And either make one bill payment from the checking account or one direct deposit to the checking account during that period.3

Contact your advisor

See Eligibility and Requirements footnote below for additional details.

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 in one place online.