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Consolidate Bank Accounts to Simplify Your Finances Consolidating bank accounts can help simplify your finances and could save you money in the long run. Learn how to consolidate your bank accounts today. Simplify your financial life Having a patchwork of multiple bank and investment accounts can make it difficult to keep track of the big picture and maintain control of your finances. Here are some strategies that not only can simplify your financial life but help you save money too. 1. Consolidate your accounts. Instead of maintaining multiple checking and savings accounts, which means multiple accounts to monitor and bills to pay, use one checking and one savings account. This can help you gain a better sense of the big picture and feel more in control. Simplify your credit card accounts, too: If you must maintain multiple credit cards, some card issuers will honor requests to change your due date so that they all fall on the same day of the month, making them easier to track. 2. Take advantage of reward programs. Many financial institutions offer rewards programs to customers who bring the majority of their business to a single institution. If you hold several accounts or maintain certain minimum balances, you can take advantage of these convenient rewards. For instance, if your account balances meet specific thresholds, you may be eligible for Bank of America's Preferred Rewards program, which qualifies you for rewards such as a Bank of America interest rate booster on a money market savings account and a rewards bonus on a credit card. 3. Put mobile technology to work. Mobile technology can make managing your bank and investing accounts on the go easier than ever. A mobile app such as the Bank of America Mobile Banking App can help you streamline all your banking activities, from mobile check deposit to account activity alerts. You also can get alerts for information about upcoming bills, account balances and other banking activity. 4. Integrate your accounts. Online software that helps you track your liabilities and total net worth can give you a snapshot of your overall financial well-being. Add your accounts at other financial institutions, for example a money market account or an IRA, to get a big-picture look at your finances without logging into each separate account. The less complicated your banking is, the easier it can be to stay on top of bills and plan for the future. Ready to get started? Explore Bank of America banking solutions and investment services. Bank of America consolidate accounts, consolidate bank accounts, how to consolidate accounts, consolidating bank accounts

Simplify your financial life

Man on mobile phone consolidating his bank accounts

4 must-dos to streamline your accounts

Having multiple bank and investment accounts can make it difficult to keep track of the big picture and maintain control of your finances. Here are some strategies that not only can simplify your financial life but help you save money, too.

1. Consolidate your bank accounts.

Instead of maintaining multiple checking and savings accounts, use one checking and one savings account. This can help you gain a better sense of the big picture and feel more in control. Simplify your credit card accounts, too. If you must maintain multiple credit cards, some card issuers will honor requests to change your due date so that they all fall on the same day of the month, making them easier to track.

2. Take advantage of rewards programs.

Many financial institutions offer rewards programs to customers who bring the majority of their business to a single institution. If you hold several accounts or maintain certain minimum balances, you can take advantage of these convenient rewards. For instance, if your account balances meet specific thresholds, you may be eligible for Bank of America’s Preferred Rewards program, which qualifies you for rewards such as a Bank of America interest rate booster on a Rewards Money Market Savings account and a rewards bonus on a credit card.

3. Put mobile technology to work.

Mobile technology can make managing your bank and investing accounts on the go easier than ever. A mobile app such as the Bank of America Mobile Banking app can help you streamline your banking activities, from mobile check deposit to account activity alerts. You also can get alerts about upcoming bills, account balances and other banking activity.

4. Integrate your accounts.

Online software that helps you track your liabilities and total net worth can give you a snapshot of your overall financial well-being. Add your accounts at other financial institutions, for example a money market account or an IRA, to get a big-picture look at your finances without logging into each separate account.

The less complicated your banking is, the easier it can be to stay on top of bills and plan for the future.

Ready to get started? Download the Bank of America Mobile Banking app or explore checking and savings options today .