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Preferred Rewards for Business Overview

Logo for Bank of America Preferred Rewards For Business

Discover valuable
rewards that grow
along with your
business

Discover valuable rewards that grow along with your business

Strong relationships are the foundation of durable growth and long-term business success. That’s why Preferred Rewards for Business delivers a wide range of benefits that grow as your business and your balances grow.
Sign in to online banking to see if you qualify
Strong relationships are the foundation of durable growth and long-term business success. That’s why Preferred Rewards for Business delivers a wide range of benefits that grow as your business and your balances grow.
Sign in to online banking to see if you qualify
Explore the benefits you could receive as a Preferred Rewards for Business client
Displayed benefits are for the following amount:
Display Gold tier content twenty thousand dollars or more Display Platinum tier content fifty thousand dollars or more Display Platinum Honors tier content one hundred thousand dollars or more
       
$0
Gold
Platinum
Platinum Honors
     
Gold $20,000 – $50,000
Platinum $50,000 – $100,000
Platinum Honors $100,000+

Plus monthly fee waivers on Bank of America small business checking and savings accounts

Waived monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts, per enrolled business

Business Advantage Relationship Rewards clients also enjoy no fees for:

  • ATM or debit card replacement

  • Cashier’s checks, check images, check copies and stop payments

  • Overdraft protection transfers

  • Incoming domestic wire transfers

  • Incoming international wire transfers (Platinum and Platinum Honors clients only)

  • Online outbound wires (up to 4 per statement cycle; Platinum Honors clients only)

Get a Rewards Bonus on eligible business card purchases

With the Business Advantage Cash Rewards credit cards, you’ll earn 1.25%, 2.5% and 3.75% on every purchase you make. With the Business Advantage Travel Rewards credit card, you’ll earn an unlimited 1.87 points on all purchases — everywhere, every time.

Review card eligibility guidelines layer

If you don’t have a business card that qualifies, visit our Business Advantage Cash Rewards or Business Advantage Travel Rewards credit card page.

Credit card Rewards Bonus
25%

Gold

50%

Platinum

75%

Platinum Honors

Don't just get paid fast — get paid more

Get more money back the more business you do with a percentage-based reward. We calculate your Cash Rewards on Bank of America Merchant Services processing using the total amount you process monthly.

For example, if you’re a Business Advantage Relationship Rewards client at the Gold tier level and you process $10,000 through Bank of America Merchant Services during a month, you would earn $5 cash back into your small business checking account.

Learn more about merchant services for small business

Cash Rewards on Bank of America Merchant Services Processing
.05%

Gold

.10%

Platinum

.15%

Platinum Honors

Make your business savings work even harder

Get a higher interest rate on a Business Advantage Savings account.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you have a Business Advantage Savings account that provides you with a 0.02% interest rate, your 20% rate booster would increase the interest rate to 0.024%. (This interest rate is for illustration purposes only; visit our Business Advantage Savings page for current rates.)

Compare business savings accounts

Interest rate booster
5%

Gold

10%

Platinum

20%

Platinum Honors

Get a competitive rate on new business financing

With a Business Advantage Credit Line, Term Loan or Secured Lending account you can purchase inventory and materials, refinance debt or finance account receivables — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you qualify for a new credit line or term loan with a 6.00% fixed interest rate, your 0.50% interest rate discount would lower your interest rate to 5.50%. (This interest rate is for illustration purposes only.)

Learn more about small business financing, loans and funding

Interest rate discount
0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

Get a new auto loan at an even lower rate

Purchase or refinance the cars, vans and light trucks you need to keep your business rolling — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a Business Advantage Auto Loan with a 2.99% APR interest rate, your 0.50% interest rate discount would lower your interest rate to 2.49% APR. (This interest rate is for illustration purposes only. Interest rate will be based on your creditworthiness. Low or as low as interest rate is subject to change.)

Get details about small business auto loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get a competitive rate on your real estate loan

Purchase the land or commercial property your business needs or leverage your equity to expand or remodel as your business grows — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a Commercial Real Estate Loan with a 4.25% APR interest rate, your 0.50% interest rate discount would lower your interest rate to 3.75% APR. (This interest rate is for illustration purposes only.)

Get details about Commercial Real Estate Loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get full service payroll and save on the monthly fee

Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. We want to help save you time and effort so you can focus on what’s important — your business.

If you’ve enrolled through Bank of America to receive full service payroll services from a Bank of America approved provider (currently ADP and Intuit), then you’re eligible to receive a Full Service Payroll Refund on the cost of the monthly service fee.

Learn more about payroll services for small business

Monthly service fee refund
$10

Gold

$15

Platinum

$20

Platinum Honors

Customized financing for your practice — at a lower rate

Dentists, veterinarians, optometrists and physicians have specific needs. Our Practice Specialists will work with you to help you get Practice Solutions business line of credit or term loan — at an even lower rate.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a practice loan with a 4.25% APR interest rate, your 0.35% interest rate discount would lower your interest rate to 3.90% APR. (This interest rate is for illustration purposes only. Interest rate will be based on your creditworthiness. Low or as low as interest rate is subject to change.)

Get details about practice loans

Interest rate discount
0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

Use non-Bank of America ATMs — without a fee

Bank of America has thousands of ATMs, drive-up ATMs and 24-hour ATMs nationwide. But if you find yourself in a place where one of our ATMs isn’t convenient for you, no worries: If you’re a Business Advantage Relationship Rewards client at the Platinum or Platinum Honors tier level, you’ll be able to make no-fee withdrawals, balance inquiries or balance transfers at non-Bank of America ATMs (1 per statement cycle for Platinum, unlimited for Platinum Honors).

Find a Bank of America ATM near you

No-fee transactions at non-Bank of America ATMs
0

Gold

12/year
(1 per billing cycle)

Platinum

Unlimited

Platinum Honors

Our team has you covered

All Business Advantage Relationship Rewards clients enjoy priority client service through 888.BUSINESS (888.287.4637) and Merrill Edge® Advising. Not only do you get access to a dedicated team of specialists available to handle your product and service needs, but you’re eligible for a complimentary financial review of your business from Merrill Edge®.

Plus, if you’re a Platinum Honors tier level client: You’ll also benefit from an annual relationship review with a Small Business Specialist who will be able to focus on the unique needs of your specific business.

Priority client service
Yes

Gold

Yes

Platinum

Yes

Platinum Honors

Merrill Edge® is ready to work for your business

Platinum and Platinum honors clients enjoy $0 equity and ETF trades with a Merrill Edge online investment account. Trade limits apply. Other fees may apply.
$0 equity and ETF trades
N/A

Gold

Up to 30 per month

Platinum

Up to 100 per month

Platinum Honors

Plus monthly fee waivers on Bank of America small business checking and savings accounts

Waived monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts, per enrolled business

Business Advantage Relationship Rewards clients also enjoy no fees for:

  • ATM or debit card replacement

  • Cashier’s checks, check images, check copies and stop payments

  • Overdraft protection transfers

  • Incoming domestic wire transfers

  • Incoming international wire transfers (Platinum and Platinum Honors clients only)

  • Online outbound wires (up to 4 per statement cycle; Platinum Honors clients only)

  • See the Business Schedule of Fees for more information

Get a Rewards Bonus on eligible business card purchases

With the Business Advantage Cash Rewards credit cards, you'll earn 1.25%, 2.5% and 3.75% on every purchase you make. With the Business Advantage Travel Rewards credit card, you'll earn an unlimited 1.87 points on all purchases — everywhere, every time.

Review card eligibility guidelines layer

If you don't have a business card that qualifies, visit our Business Advantage Cash Rewards or Business Advantage Travel Rewards credit card page.

Credit card Rewards Bonus
25%

Gold

50%

Platinum

75%

Platinum Honors

Don't just get paid fast — get paid more

Get more money back the more business you do with a percentage-based reward. We calculate your Cash Rewards on Bank of America Merchant Services processing using the total amount you process monthly.

For example, if you’re a Business Advantage Relationship Rewards client at the Gold tier level and you process $10,000 through Bank of America Merchant Services during a month, you would earn $5 cash back into your small business checking account.

Learn more about merchant services for small business

Cash Rewards on Bank of America Merchant Services Processing
.05%

Gold

.10%

Platinum

.15%

Platinum Honors

Make your business savings work even harder

Get a higher interest rate on a Business Advantage Savings account.

If you’re a Business Advantage Relationship Rewards client at the Gold tier level and you have a Business Advantage Savings Account that provides you with a .02% interest rate, your 5% rate booster would increase the interest rate to 0.03%. (This interest rate is for illustration purposes only; visit our Business Advantage Savings page for current rates.)

Compare business savings accounts

Interest rate booster
5%

Gold

10%

Platinum

20%

Platinum Honors

Get a competitive rate on new business financing

With a Business Advantage Credit Line, Term Loan or Secured Lending account you can purchase inventory and materials, refinance debt or finance account receivables — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Gold tier level and you qualify for a new credit line or term loan with a 6.00% fixed interest rate, your 0.25% interest rate discount would lower your interest rate to 5.75%. (This interest rate is for illustration purposes only.)

Learn more about small business financing, loans and funding

Interest rate discount
0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

Get a new auto loan at an even lower rate

Purchase or refinance the cars, vans and light trucks you need to keep your business rolling — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Gold tier level and you qualify for a new Business Advantage Auto Loan with a 4.00% APR interest rate, your 0.25% interest rate discount would lower your interest rate to 3.75% APR. (This APR interest rate is for illustration purposes only.)

Get details about small business auto loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get a competitive rate on your real estate loan

Purchase the land or commercial property your business needs or leverage your equity to expand or remodel as your business grows — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Gold tier level and you qualify for a new commercial real estate loan with a 5.00% APR interest rate, your 0.25% interest rate discount would lower your interest rate to 4.75% APR. (This APR interest rate is for illustration purposes only.)

Get details about Commercial Real Estate Loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get full service payroll and save on the monthly fee

Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. We want to help save you time and effort so you can focus on what’s important — your business.

As a Business Advantage Gold tier client, if you’re enrolled through Bank of America to receive full service payroll services from a Bank of America provider (currently ADP and Intuit,) then you’re eligible to receive a $10 full service payroll refund on the cost of the monthly service fee.

Learn more about payroll services for small business

Monthly service fee refund
$10

Gold

$15

Platinum

$20

Platinum Honors

Customized financing for your practice — at a lower rate

Dentists, veterinarians, optometrists and physicians have specific needs. Our Practice Specialists will work with you to help you get Practice Solutions business line of credit or term loan — at an even lower rate.

If you’re a Business Advantage Relationship Rewards client at the Gold tier level and you qualify for a new practice loan loan with a 5.00% APR interest rate, your 0.25% interest rate discount would lower your interest rate to 4.75% APR. (This APR interest rate is for illustration purposes only.)

Get details about practice loans

Interest rate discount
0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

Use non-Bank of America ATMs — without a fee

Bank of America has thousands of ATMs, drive-up ATMs and 24-hour ATMs nationwide. But if you find yourself in a place where one of our ATMs isn’t convenient for you, no worries: If you’re a Business Advantage Relationship Rewards client at the Platinum or Platinum Honors tier level, you’ll be able to make no-fee withdrawals, balance inquiries or balance transfers at non-Bank of America ATMs (1 per statement cycle for Platinum, unlimited for Platinum Honors).

Find a Bank of America ATM near you

No-fee transactions at non-Bank of America ATMs
0

Gold

12/year
(1 per billing cycle)

Platinum

Unlimited

Platinum Honors

Our team has you covered

All Business Advantage Relationship Rewards clients enjoy priority client service through 888.BUSINESS (888.287.4637) and Merrill Edge® Advising. Not only do you get access to a dedicated team of specialists available to handle your product and service needs, but you’re eligible for a complimentary financial review of your business from Merrill Edge®.

Plus, if you’re a Platinum Honors tier level client: You’ll also benefit from an annual relationship review with a Small Business Specialist who will be able to focus on the unique needs of your specific business.

Priority client service
Yes

Gold

Yes

Platinum

Yes

Platinum Honors

Merrill Edge® is ready to work for your business

Platinum and Platinum honors clients enjoy $0 equity and ETF trades with a Merrill Edge online investment account. Trade limits apply. Other fees may apply.
$0 equity and ETF trades
N/A

Gold

Up to 30 per month

Platinum

Up to 100 per month

Platinum Honors

Plus monthly fee waivers on Bank of America small business checking and savings accounts

Waived monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts, per enrolled business

Business Advantage Relationship Rewards clients also enjoy no fees for:

  • ATM or debit card replacement

  • Cashier’s checks, check images, check copies and stop payments

  • Overdraft protection transfers

  • Incoming domestic wire transfers

  • Incoming international wire transfers (Platinum and Platinum Honors clients only)

  • Online outbound wires (up to 4 per statement cycle; Platinum Honors clients only)

  • See the Business Schedule of Fees for more information

Get a Rewards Bonus on eligible business card purchases

With the Business Advantage Cash Rewards credit cards, you’ll earn 1.5%, 3% and 4.5% on every purchase you make. With the Business Advantage Travel Rewards credit card, you’ll earn an unlimited 2.25 points on all purchases — everywhere, every time.

Review card eligibility guidelines layer

If you don’t have a business card that qualifies, visit our Business Advantage Cash Rewards or Business Advantage Travel Rewards credit card page.

Credit card Rewards Bonus
25%

Gold

50%

Platinum

75%

Platinum Honors

Don't just get paid fast — get paid more

Get more money back the more business you do with a percentage-based reward. We calculate your Cash Rewards on Bank of America Merchant Services processing using the total amount you process monthly.

For example, if you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you process $10,000 through Bank of America Merchant Services during a month, you would earn $10 cash back into your small business checking account.

Learn more about merchant services for small business

Cash Rewards on Bank of America Merchant Services Processing
.05%

Gold

.10%

Platinum

.15%

Platinum Honors

Make your business savings work even harder

Get a higher interest rate on a Business Advantage Savings account.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you have a Business Advantage Savings Account that provides you with a .02% interest rate, your 10% rate booster would increase the interest rate to 0.04%. (This interest rate is for illustration purposes only; visit our Business Advantage Savings page for current rates.)

Compare business savings accounts

Interest rate booster
5%

Gold

10%

Platinum

20%

Platinum Honors

Get a competitive rate on new business financing

With a Business Advantage Credit Line, Term Loan or Secured Lending account you can purchase inventory and materials, refinance debt or finance account receivables — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you qualify for a new credit line or term loan with a 6.00% fixed interest rate, your 0.50% interest rate discount would lower your interest rate to 5.50%. (This interest rate is for illustration purposes only.)

Learn more about small business financing, loans and funding

Interest rate discount
0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

Get a new auto loan at an even lower rate

Purchase or refinance the cars, vans and light trucks you need to keep your business rolling — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you qualify for a new Business Advantage Auto Loan with a 4.00% APR interest rate, your 0.35% interest rate discount would lower your interest rate to 3.65% APR. (This APR interest rate is for illustration purposes only.)

Get details about small business auto loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get a competitive rate on your real estate loan

Purchase the land or commercial property your business needs or leverage your equity to expand or remodel as your business grows — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you qualify for a new commercial real estate loan with a 5.00% APR interest rate, your 0.35% interest rate discount would lower your interest rate to 4.65% APR. (This APR interest rate is for illustration purposes only.)

Get details about Commercial Real Estate Loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get full service payroll and save on the monthly fee

Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. We want to help save you time and effort so you can focus on what’s important — your business.

As a Business Advantage Platinum tier client, if you’re enrolled through Bank of America to receive full service payroll services from a Bank of America provider (currently ADP and Intuit,) then you’re eligible to receive a $15 full service payroll refund on the cost of the monthly service fee.

Learn more about payroll services for small business

Monthly service fee refund
$10

Gold

$15

Platinum

$20

Platinum Honors

Customized financing for your practice — at a lower rate

Dentists, veterinarians, optometrists and physicians have specific needs. Our Practice Specialists will work with you to help you get Practice Solutions business line of credit or term loan — at an even lower rate.

If you’re a Business Advantage Relationship Rewards client at the Platinum tier level and you qualify for a new practice loan with a 5.00% APR interest rate, your 0.30% interest rate discount would lower your interest rate to 4.70% APR. (This APR interest rate is for illustration purposes only.)

Get details about practice loans

Interest rate discount
0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

Use non-Bank of America ATMs — without a fee

Bank of America has thousands of ATMs, drive-up ATMs and 24-hour ATMs nationwide. But if you find yourself in a place where one of our ATMs isn’t convenient for you, no worries: If you’re a Business Advantage Relationship Rewards client at the Platinum or Platinum Honors tier level, you’ll be able to make no-fee withdrawals, balance inquiries or balance transfers at non-Bank of America ATMs (1 per statement cycle for Platinum, unlimited for Platinum Honors).

Find a Bank of America ATM near you

No-fee transactions at non-Bank of America ATMs
0

Gold

12/year
(1 per billing cycle)

Platinum

Unlimited

Platinum Honors

Our team has you covered

All Business Advantage Relationship Rewards clients enjoy priority client service through 888.BUSINESS (888.287.4637) and Merrill Edge® Advising. Not only do you get access to a dedicated team of specialists available to handle your product and service needs, but you’re eligible for a complimentary financial review of your business from Merrill Edge®.

Plus, if you’re a Platinum Honors tier level client: You’ll also benefit from an annual relationship review with a Small Business Specialist who will be able to focus on the unique needs of your specific business.

Priority client service
Yes

Gold

Yes

Platinum

Yes

Platinum Honors

Merrill Edge® is ready to work for your business

Platinum and Platinum honors clients enjoy $0 equity and ETF trades with a Merrill Edge online investment account. Trade limits apply. Other fees may apply.
$0 equity and ETF trades
N/A

Gold

Up to 30 per month

Platinum

Up to 100 per month

Platinum Honors

Plus monthly fee waivers on Bank of America small business checking and savings accounts

Waived monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts, per enrolled business

Business Advantage Relationship Rewards clients also enjoy no fees for:

  • ATM or debit card replacement

  • Cashier’s checks, check images, check copies and stop payments

  • Overdraft protection transfers

  • Incoming domestic wire transfers

  • Incoming international wire transfers (Platinum and Platinum Honors clients only)

  • Online outbound wires (up to 4 per statement cycle; Platinum Honors clients only)

  • See the Business Schedule of Fees for more information

Get a Rewards Bonus on eligible business card purchases

With the Business Advantage Cash Rewards credit cards, you’ll earn 1.75%, 3.5% and 5.25% on every purchase you make. With the Business Advantage Travel Rewards credit card, you’ll earn an unlimited 2.62 points on all purchases — everywhere, every time.

Review card eligibility guidelines layer

If you don’t have a business card that qualifies, visit our Business Advantage Cash Rewards or Business Advantage Travel Rewards credit card page.

Credit card Rewards Bonus
25%

Gold

50%

Platinum

75%

Platinum Honors

Don't just get paid fast — get paid more

Get more money back the more business you do with a percentage-based reward. We calculate your Cash Rewards on Bank of America Merchant Services processing using the total amount you process monthly.

For example, if you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you process $10,000 through Bank of America Merchant Services during a month, you would earn $15 cash back into your small business checking account.

Learn more about merchant services for small business

Cash Rewards on Bank of America Merchant Services Processing
.05%

Gold

.10%

Platinum

.15%

Platinum Honors

Make your business savings work even harder

Get a higher interest rate on a Business Advantage Savings account.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you have a Business Advantage Savings Account that provides you with a .02% interest rate, your 20% rate booster would increase the interest rate to 0.05%. (This interest rate is for illustration purposes only; visit our Business Advantage Savings page for current rates.)

Compare business savings accounts

Interest rate booster
5%

Gold

10%

Platinum

20%

Platinum Honors

Get a competitive rate on new business financing

With a Business Advantage Credit Line, Term Loan or Secured Lending account you can purchase inventory and materials, refinance debt or finance account receivables — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a new credit line or term loan with a 6.00% fixed interest rate, your 0.75% interest rate discount would lower your interest rate to 5.25%. (This interest rate is for illustration purposes only.)

Learn more about small business financing, loans and funding

Interest rate discount
0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

Get a new auto loan at an even lower rate

Purchase or refinance the cars, vans and light trucks you need to keep your business rolling — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a new Business Advantage Auto Loan with a 4.00% APR interest rate, your 0.50% interest rate discount would lower your interest rate to 3.50% APR. (This APR interest rate is for illustration purposes only.)

Get details about small business auto loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get a competitive rate on your real estate loan

Purchase the land or commercial property your business needs or leverage your equity to expand or remodel as your business grows — and get an interest rate discount.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a new commercial real estate loan with a 5.00% APR interest rate, your 0.50% interest rate discount would lower your interest rate to 4.50% APR. (This APR interest rate is for illustration purposes only.)

Get details about Commercial Real Estate Loans

Interest rate discount
0.25%

Gold

0.35%

Platinum

0.50%

Platinum Honors

Get full service payroll and save on the monthly fee

Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. We want to help save you time and effort so you can focus on what’s important — your business.

As a Business Advantage Platinum Honors tier client, if you’re enrolled through Bank of America to receive full service payroll services from a Bank of America provider (currently ADP and Intuit,) then you’re eligible to receive a $20 full service payroll refund on the cost of the monthly service fee.

Learn more about payroll services for small business

Monthly service fee refund
$10

Gold

$15

Platinum

$20

Platinum Honors

Customized financing for your practice — at a lower rate

Dentists, veterinarians, optometrists and physicians have specific needs. Our Practice Specialists will work with you to help you get Practice Solutions business line of credit or term loan — at an even lower rate.

If you’re a Business Advantage Relationship Rewards client at the Platinum Honors tier level and you qualify for a new practice loan with a 5.00% APR interest rate, your 0.35% interest rate discount would lower your interest rate to 4.65% APR. (This APR interest rate is for illustration purposes only.)

Get details about practice loans

Interest rate discount
0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

Use non-Bank of America ATMs — without a fee

Bank of America has thousands of ATMs, drive-up ATMs and 24-hour ATMs nationwide. But if you find yourself in a place where one of our ATMs isn’t convenient for you, no worries: If you’re a Business Advantage Relationship Rewards client at the Platinum or Platinum Honors tier level, you’ll be able to make no-fee withdrawals, balance inquiries or balance transfers at non-Bank of America ATMs (1 per statement cycle for Platinum, unlimited for Platinum Honors).

Find a Bank of America ATM near you

No-fee transactions at non-Bank of America ATMs
0

Gold

12/year
(1 per billing cycle)

Platinum

Unlimited

Platinum Honors

Our team has you covered

All Business Advantage Relationship Rewards clients enjoy priority client service through 888.BUSINESS (888.287.4637) and Merrill Edge® Advising. Not only do you get access to a dedicated team of specialists available to handle your product and service needs, but you’re eligible for a complimentary financial review of your business from Merrill Edge®.

Plus, if you’re a Platinum Honors tier level client: You’ll also benefit from an annual relationship review with a Small Business Specialist who will be able to focus on the unique needs of your specific business.

Priority client service
Yes

Gold

Yes

Platinum

Yes

Platinum Honors

Merrill Edge® is ready to work for your business

Platinum and Platinum honors clients enjoy $0 equity and ETF trades with a Merrill Edge online investment account. Trade limits apply. Other fees may apply.
$0 equity and ETF trades
N/A

Gold

Up to 30 per month

Platinum

Up to 100 per month

Platinum Honors

Enroll in Preferred Rewards for Business

Take advantage of a wide range of benefits that grow as your business and your balances grow.

  • No fees on select services (including cashier’s checks, overdraft protection transfers from deposit accounts, stop payments and more)
  • Rewards Bonus on eligible business credit cards
  • Cash Rewards for Merchant Services processing
  • Interest rate booster on a Business Advantage Savings account

Sign in to Online Banking to see if you qualify

Sign in

Enroll in Preferred Rewards for Business

Take advantage of a wide range of benefits that grow as your business and your balances grow.

  • No fees on select services (including cashier’s checks, overdraft protection transfers from deposit accounts, stop payments and more)
  • Rewards Bonus on eligible business credit cards
  • Cash Rewards for Merchant Services processing
  • Interest rate booster on a Business Advantage Savings account

Sign in to Online Banking to see if you qualify »


Speak with a Small Business Specialist to get started today

Schedule an appointment now or call 888.BUSINESS (888.287.4637)

Not an Online Banking Customer?

Enroll in Online Banking »

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Learn more about business checking »


Other fees may apply. Sell trades are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principle. There are costs associated with owning ETFs. To learn more about Merrill Edge pricing, visit merrilledge.com/pricing.

Card eligibility guidelines

Most Bank of America® branded business credit cards (such as the Business Advantage Cash Rewards, Business Advantage Travel Rewards and WorldPoints Rewards for Business credit cards) are eligible to receive the program bonus as long as the card account is open and in good standing. The following list shows the Bank of America branded business credit cards ineligible for the Relationship Rewards bonus.

Cards not eligible for the Rewards Bonus:
  • Non-rewards credit cards (Bank of America Platinum and Platinum Plus for Business cards)
  • Personal or consumer-purpose credit cards
  • Business Advantage Cash Rewards 123 with 50% bonus
  • Business Advantage Travel Rewards with 50% bonus
  • Merrill Lynch branded Merrill Rewards for Business Card
  • Alaska Airlines®
  • Asiana Airlines®
  • Spirit Airlines®

Business Banking, Global Commercial Banking, Global Corporate Investment Banking or Institutional clients are not eligible to participate in the program. This list is subject to change without prior notice.