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Experience the freedom to reward yourself

Bank of America Premium REWARDS card image

The Premium Rewards® credit card lets you live life your way

With rich earn rates and the freedom to choose the rewards that matter most to you. To apply or learn more about the Premium Rewards® credit card, talk to your Merrill advisor.

 
BONUS POINTS Image

BONUS POINTS

50,000 bonus points offer

Earn 50,000 bonus points after you make at least $3,000 in purchases in the first 90 days of account opening – that’s equal to $500 in rewards. 1

EARN POINTS

2 points for every $1 spent on travel and dining purchases

Earn unlimited 2 points for every $1 spent on travel and dining purchases and 1.5 points for every $1 spent on all other purchases. 2

EARN POINTS Image

POINTS WON’T EXPIRE

Potential for 75% rewards bonus

Preferred Rewards for Wealth Management clients can earn up to 3.5 points on travel and dining purchases and up to 2.62 points on all other purchases, for every $1 spent. 3

REDEEM FOR REWARDS

Choose your rewards

Redeem for cash back as a deposit into Bank of America® checking or savings accounts, for credit to eligible Merrill accounts including 529 accounts, as a statement credit to your credit card, or for gift cards and purchases at the Bank of America Travel Center.

REDEEM FOR REWARDS Image
 

PLUS ENJOY PREMIUM TRAVEL BENEFITS

Up to $100 Airline Incidental Statement Credit

Get up to a $100 Airline Incidental Statement Credit annually for qualifying purchases. 4

Up to $100 Airport Security Statement Credit

Get up to a $100 Airport Security Statement Credit toward TSA Pre✓® or Global Entry application fee, every four years. 5

 

ALL FOR A LOW $95 ANNUAL FEE. 6

To apply or learn more about Premium Rewards® credit card, talk to your Merrill Lynch Wealth Management Advisor.

Bank of America Premium REWARDS card image

The Premium Rewards® credit card lets you live life your way

With rich earn rates and the freedom to choose the rewards that matter most to you. To apply or learn more about the Premium Rewards® credit card, talk to your Merrill advisor.

 
BONUS POINTS Image

BONUS POINTS

50,000 bonus points offer

Earn 50,000 bonus points after you make at least $3,000 in purchases in the first 90 days of account opening – that’s equal to $500 in rewards. 1

EARN POINTS Image

EARN POINTS

2 points for every $1 spent on travel and dining purchases

Earn unlimited 2 points for every $1 spent on travel and dining purchases and 1.5 points for every $1 spent on all other purchases. 2

POINTS WON’T EXPIRE

Potential for 75% rewards bonus

Preferred Rewards for Wealth Management clients can earn up to 3.5 points on travel and dining purchases and up to 2.62 points on all other purchases, for every $1 spent. 3

REDEEM FOR REWARDS Image

REDEEM FOR REWARDS

Choose your rewards

Redeem for cash back as a deposit into Bank of America® checking or savings accounts, for credit to eligible Merrill accounts including 529 accounts, as a statement credit to your credit card, or for gift cards and purchases at the Bank of America Travel Center.

 

PLUS ENJOY PREMIUM TRAVEL BENEFITS

Up to $100 Airline Incidental Statement Credit

Get up to a $100 Airline Incidental Statement Credit annually for qualifying purchases. 4

Up to $100 Airport Security Statement Credit

Get up to a $100 Airport Security Statement Credit toward TSA Pre✓® or Global Entry application fee, every four years. 5

 

ALL FOR A LOW $95 ANNUAL FEE. 6

To apply or learn more about Premium Rewards® credit card, talk to your Merrill Lynch Wealth Management Advisor.

1You will qualify for 50,000 bonus points if you use your new credit card account to make any combination of Purchase transactions totaling at least $3,000 (exclusive of any fees, returns and adjustments) that post to your account within 90 days of the account open date. Limit one (1) bonus points offer per new account. This one-time promotion is limited to new customers opening an account in response to this offer. Other advertised promotional bonus points offers can vary from this promotion and may not be substituted. Allow 8 to 12 weeks from qualifying for the bonus points to post to your rewards balance. The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service Form 1099 (or other reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice appropriate form) that reflects the value of such reward. Please consult your tax advisor, as neither we, nor our affiliates, provide tax advice.

 

2 Bank of America® Premium Rewards® Program Information. How You Earn Points: You earn points when you use your card to make purchases, minus returns, credits and adjustments (“Net Purchases”). The following transactions are not considered Net Purchases and will not earn points: Balance Transfers and Cash Advances (each as defined in your Credit Card Agreement), fees, interest charges, fraudulent transactions and certain other charges. Unlimited 1.5 Points: Earn 1.5 base points for every $1 of Net Purchases (non-Travel and Dining) charged to the card each billing cycle. 2 Points: Earn 2 base points for every $1 of Net Purchases made with the card in the Travel and Dining category, with no limit on the number of points you can earn. Travel and Dining Category: Dining includes Restaurants, including Fast Food, and Drinking Establishments, such as Bars or Taverns. Travel includes: airlines, hotels, motels, timeshares, trailer parks, motor home and recreational vehicle rentals, campgrounds, car rental agencies, truck and trailer rental, cruise lines, travel agencies, tour operators and real estate agents, operators of passenger trains, buses, taxis, limousines, ferries, boat rentals, parking lots and garages, tolls and bridge fees, tourist attractions and exhibits like art galleries, amusement parks, carnivals, circuses, aquariums, zoos and the like. Purchases from some merchants that provide travel-related goods and services will not be eligible, like in-flight goods and services, and duty-free airport purchases. Travel and Dining Category Processing: Merchants are assigned a merchant category code (MCC) based on the merchant’s primary line of business. We do not determine which MCC a merchant chooses to classify itself. We group similar MCCs into Categories to help you earn rewards on purchases made at specific merchants. Your purchase may not qualify to receive the Travel and Dining category earn rate if the merchant does not process transactions under the MCC that corresponds with the Travel and Dining Category, or your purchase is processed through a third-party payment account, mobile/wireless card reader, digital wallet not supported by Bank of America or similar technology where the technology does not support transmission of MCCs. For those Net Purchases, you will earn 1.5 base points per $1. Not all merchants accept all credit cards. How You Use Your Points: When your points balance is 2,500 points or more, you can redeem your points for cash rewards, including a statement credit, an electronic deposit into a Bank of America® checking or savings account, a contribution to an eligible Cash Management Account® with Merrill Lynch Wealth Management® or Merrill Edge®, or College 529 savings account held at Merrill Lynch. Points may also be redeemed for travel at the Travel Center, or gift cards. Cash rewards shall be issued for a U.S. dollar sum and may be requested on demand. Each point redeemed is worth $0.01 (2,500 points = $25). Points Expiration: As long as your account remains in good standing, points do not expire. Points Forfeiture: If the owner(s) of the card account voluntarily closes the card account, or if for any reason we close the card account, any unredeemed points associated with the account are subject to immediate forfeiture, unless specifically authorized by us. Rewards Program Rules: Program Rules containing additional terms of your credit card rewards program will be sent to you with your new account materials. Other significant terms apply. Program subject to change.

 

3 Preferred 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 average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least $250,000. All Bank of America Private Bank clients are eligible for the Preferred Rewards for Wealth Management program. Visit bankofamerica.com/preferred-rewards for additional program details. Preferred Rewards for Wealth Management clients do not receive Merrill Edge Self Directed commission waivers or Merrill Guided Investing discounts as part of this program. Credit Card Preferred Rewards for Wealth Management Bonus: Certain credit cards are not eligible to receive the Preferred Rewards for Wealth Management bonus of 75%. A complete list of ineligible cards is available at bankofamerica.com/preferred-rewards. Enrolled clients with eligible credit cards receive the Preferred Rewards for Wealth Management bonus based on their type of card. For example, the Bank of America® Cash Rewards credit card Preferred Rewards for Wealth Management bonus will be applied after all base and bonus earn cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $5.25 when the purchase posts to your account. For all other eligible card types, a purchase that earns 100 base points will actually earn 175 points when the purchase posts to your account. If your product receives the 10% customer bonus, the Preferred Rewards for Wealth Management bonus will replace the 10% customer bonus. The Preferred Rewards for Wealth Management bonus is not applied to any account opening bonus, if applicable. The Preferred Rewards for Wealth Management bonus also does not apply to the bonus earn for certain programs. This information can be found in the Program Rules associated with those credit cards. Other terms and conditions apply. If you have an eligible card, please refer to your card’s Program Rules for details about how you will receive the Preferred Rewards for Wealth Management bonus. Program Rules are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.

 

4 Airline Incidental Statement Credit. You are eligible for a statement credit of up to $100 each calendar year if you make qualifying airline incidental fee transactions. To qualify, you must use your Premium Rewards® credit card to pay all airline incidental fee transactions. Allow 2-3 weeks from qualifying for the statement credit to post to your account. You are responsible for payment of all charges until the statement credit posts to your account. Your account must be open and not in default at the time of statement credit fulfillment. Qualifying transactions are those purchases made on domestic-originated flights on certain U.S.-domestic airline carriers that include: preferred seating upgrades, ticket change/cancellation fees, checked baggage fees, in-flight entertainment, onboard food and beverage charges, and airport lounge fees affiliated with eligible airline carriers. Airline ticket purchases, mileage point purchases, mileage point transfer fees, gift cards, duty-free purchases, award tickets and fees incurred with airline alliance partners do not qualify. Airline incidental fee transactions must be separate from airline ticket charges. The airlines must submit the ancillary fees under the appropriate merchant category code (MCC), industry code or required service or product identifier to be identified as a qualifying airline incidental fee transaction. 0519RLL.PR.AI.SC.0519

 

5 Airport Security Statement Credit. You are entitled to one statement credit per account every four years, in connection with either the TSA Pre✓® ($85) or Global Entry ($100) program. To qualify, you must use your Premium Rewards® credit card to pay the application fee. Allow 2-3 weeks from qualifying, for the statement credit to post to your account. You are responsible for payment of all charges until the statement credit posts to your account. If you apply for both programs, only one credit will be applied, to the fee that posts to the account first. Your account must be open and not in default at the time of statement credit fulfillment. TSA Pre✓® is a U.S. Government program, operated by the U.S. Transportation Security Administration (TSA). Global Entry is a U.S. Government program, operated by U.S. Customs and Border Protection (CBP). Bank of America has no control over either program including, but not limited to, applications, approval process or enrollment, or fees charged by CBP or TSA, and no liability regarding the Global Entry or TSA Pre✓® programs. For complete details on the TSA Pre✓® program, go to tsa.gov. For complete details on the Global Entry program, go to http://www.cbp.gov/global-entry/about. The TSA Pre✓® trademark is used with the permission of the U.S. Department of Homeland Security. 0519RLL.PR.AS.SC.0519

 

The Variable Annual Percentage Rates (APRs) for this account are currently 17.49% to 24.49%, based on creditworthiness, for Purchases and Balance Transfers; 20.49% to 26.49%, based on creditworthiness, for Direct Deposit and Check Cash Advances; and 26.49% for Bank Cash Advances. A Variable Penalty APR of up to 29.99%, based on creditworthiness, may be applied to new transactions if you make a late payment. Minimum Interest Charge is $1.50. Balance Transfer Fee is 3% (min. $10). Cash Advance fees are: 3% (min. $10) for Direct Deposit and Check Cash Advances; $12 for each Overdraft Protection Cash Advance; and 5% (min. $10) for all other Cash Advances. Fee for purchases of wire transfers from a nonfinancial institution is 5% (min. $10). The Annual Fee is $95. The Variable APRs will vary with the market based on the Prime Rate. In addition, we reserve the right to change the terms of the account in accordance with the Credit Card Agreement and applicable law. This information is accurate as of 11/30/2019 and may have changed. For current information, please contact your advisor.

 

Merrill Lynch Wealth management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer and Member SIPC, and other subsidiaries of Bank of America Corporation (“BofA Corp.”). Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp.

 

This credit card program is issued and administered by Bank of America, N.A. Deposit products and services are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

 

Bank of America, the Bank of America logo, Premium Rewards, Merrill Lynch, Cash Management Account, Merrill Lynch Wealth Management, Merrill Edge and the Bull symbol are registered trademarks of Bank of America Corporation.

 

Visa and Visa Signature are registered trademarks of Visa International Service Association and are used by the issuer pursuant to license from Visa U.S.A. Inc.

 

All other company, product and service names may be trademarks or service marks of others and their use does not imply endorsement of, or an association with, this program.

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