Plus monthly fee waivers on Bank of America small business checking and savings accounts
Preferred Rewards for Business 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.
Gold
Platinum
Platinum Honors
Advice when you need it
A Merrill Financial Solutions Advisor will work one-on-one with you to help define what's important to you and provide advice on how to pursue those goals. No matter where you are in your financial life, a complimentary financial analysis is available to you.
Plus, Platinum Honors tier members 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.
Gold
Platinum
Platinum Honors
Make your business savings work even harder
Get a higher interest rate on a Business Advantage Savings account.
If you're a Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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.
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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).
Gold
(1 per billing cycle)
Platinum
Platinum Honors
Our team has you covered
All Preferred Rewards for Business members enjoy priority client service thru 888.BUSINESS (888.287.4637) from a dedicated team of specialists available to handle your product and service needs.
Gold
Platinum
Platinum Honors
Fewer fees. Yes, please.
Save money every month with waived fees on select banking services.
Program members enjoy with no monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts. You'll also enjoy no fees on:
- ATM or debit card replacement
- Cashier's checks
- Check copies
- Check images
- Domestic inbound wire transfers
- Stop payments
- Transfers through Balance Connect™ for overdraft protection
Every purchase is more rewarding
With the Business Advantage Customized Cash Rewards credit card, Gold tier members earn 3.75% in the category of your choice 2.25% on dining and 1.25% on all other purchases.
With the Business Advantage Travel Rewards credit card, you'll earn unlimited 3.75 points on purchases made at the Bank of America Travel Center, and 1.87 points on all other purchases – everywhere, every time.
Review card eligibility guidelines layer
If you don't have a business card that qualifies, visit our Small Business credit card page.
Gold
Platinum
Platinum Honors
Give your savings a boost
Get a higher interest rate on Business Advantage Savings accounts. And save more.
As a Gold tier member, you'll earn a 5% higher interest rate on Business Advantage Savings accounts. If the interest rate is 0.02%, a 5% rate booster increases the interest rate to 0.03%. (This interest rate is for illustration purposes only. Visit the Business Advantage Savings page for current rates.)
Gold
Platinum
Platinum Honors
No ATM transaction fees, no matter what ATM you use
Bank of America has thousands of ATMs, drive-up ATMs and 24-hour ATMs nationwide.
Program members at the Platinum and Platinum Honors tiers can make no-fee withdrawals, balance inquiries and balance transfers transactions at non-Bank of America ATMs in the U.S.
Gold
(one per month)
Platinum
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 Preferred Rewards for Business 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
Gold
Platinum
Platinum Honors
Payroll is essential. Cash back is a bonus.
Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. And as a program member, you'll get cash back on eligible payroll service fees. So you can save time and money on running your business.
As a Gold tier member, you'll get a $10 cash back on your monthly payroll service fee.
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
Platinum Honors
Advice when you need it
A Merrill Financial Solutions Advisor will work one-on-one with you to help define what's important to you and provide advice on how to pursue those goals. No matter where you are in your financial life, a complimentary financial analysis is available to you.
Plus, Platinum Honors tier members 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.
Gold
Platinum
Platinum Honors
Fewer fees. Yes, please.
Save money every month with waived fees on select banking services.
Program members enjoy with no monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts. You'll also enjoy no fees on:
- ATM or debit card replacement
- Cashier's checks
- Check copies
- Check images
- Domestic inbound wire transfers
- International inbound wire transfers
- Stop payments
- Transfers through Balance Connect™ for overdraft protection
Every purchase is more rewarding
With the Business Advantage Customized Cash Rewards credit card, Platinum tier members earn 4.5% in the category of your choice 3% on dining and 1.5% on all other purchases.
With the Business Advantage Travel Rewards credit card, you'll earn unlimited 4.5 points on purchases made at the Bank of America Travel Center, and 2.25 points on all other purchases – everywhere, every time.
Review card eligibility guidelines layer
If you don't have a business card that qualifies, visit our Small Business credit card page.
Gold
Platinum
Platinum Honors
Give your savings a boost
Get a higher interest rate on Business Advantage Savings accounts. And save more.
As a Platinum tier member, you'll earn a 10% higher interest rate on Business Advantage Savings accounts. If the interest rate is 0.02%, a 10% rate booster increases the interest rate to 0.04%. (This interest rate is for illustration purposes only. Visit the Business Advantage Savings page for current rates.)
Gold
Platinum
Platinum Honors
No ATM transaction fees, no matter what ATM you use
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.
Program members at the Platinum tier can make 12 no-fee withdrawals, balance inquiry and balance transfers transactions at non-Bank of America ATMs in the U.S.
Gold
(one per month)
Platinum
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 Preferred Rewards for Business 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
Gold
Platinum
Platinum Honors
Payroll is essential. Cash back is a bonus.
Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. And as a program member, you'll get cash back on eligible payroll service fees. So you can save time and money on running your business.
As a Platinum tier member, you'll get a $15 cash back on your monthly payroll service fee.
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
Platinum Honors
Advice when you need it
A Merrill Financial Solutions Advisor will work one-on-one with you to help define what's important to you and provide advice on how to pursue those goals. No matter where you are in your financial life, a complimentary financial analysis is available to you.
Plus, Platinum Honors tier members 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.
Gold
Platinum
Platinum Honors
Fewer fees. Yes, please.
Save money every month with waived fees on select banking services.
Program members enjoy with no monthly maintenance fees on up to 4 eligible business checking and 4 business savings accounts. You'll also enjoy no fees on:
- ATM or debit card replacement
- Cashier's checks
- Check copies
- Check images
- Domestic inbound wire transfers
- International inbound wire transfers
- 4 online outbound wire transfers (per statement cycle)
- Stop payments
- Transfers through Balance Connect™ for overdraft protection
Every purchase is more rewarding
With the Business Advantage Customized Cash Rewards credit card, Platinum Honors tier members earn 5.25% in the category of your choice 3.5% on dining and 1.75% on all other purchases.
With the Business Advantage Travel Rewards credit card, you'll earn unlimited 5.25 points on purchases made at the Bank of America Travel Center, and 2.62 points on all other purchases – everywhere, every time.
Review card eligibility guidelines layer
If you don't have a business card that qualifies, visit our Small Business credit card page.
Gold
Platinum
Platinum Honors
Give your savings a boost
Get a higher interest rate on Business Advantage Savings accounts. And save more.
As a Platinum Honors tier member, you'll earn a 20% higher interest rate on Business Advantage Savings accounts. If the interest rate is 0.02%, a 20% rate booster increases the interest rate to 0.05%. (This interest rate is for illustration purposes only. Visit the Business Advantage Savings page for current rates.)
Gold
Platinum
Platinum Honors
No ATM transaction fees, no matter what ATM you use
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.
Program members at the Platinum Honors tier can make unlimited no-fee withdrawal, balance inquiry and balance transfers transactions at non-Bank of America ATMs in the U.S.
Gold
(one per month)
Platinum
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 Preferred Rewards for Business 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
Gold
Platinum
Platinum Honors
Payroll is essential. Cash back is a bonus.
Bank of America offers options for your small business to help simplify payroll administration and other human resource tasks. And as a program member, you'll get cash back on eligible payroll service fees. So you can save time and money on running your business.
As a Platinum Honors tier member, you'll get a $20 cash back on your monthly payroll service fee.
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
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 Preferred Rewards for Business 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.)
Gold
Platinum
Platinum Honors
Advice when you need it
A Merrill Financial Solutions Advisor will work one-on-one with you to help define what's important to you and provide advice on how to pursue those goals. No matter where you are in your financial life, a complimentary financial analysis is available to you.
Plus, Platinum Honors tier members 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.
Gold
Platinum
Platinum Honors