How to Get More Out of Your Bank of America Preferred Rewards

With the Preferred Rewards program, you earn more, save more and get more back with your everyday banking. But it doesn’t have to stop there. You can combine Preferred Rewards with other programs and discounts and benefit even more. Here are 3 helpful tips to get you started:

1. Watch for BankAmeriDeals^® before you shop

Choose cash back deals and get cash back credited into your account

Visit Special Offers & Deals in Online Banking or on our Mobile Banking app and select the BankAmeriDeals® offer

Pay with your eligible Bank of America^® credit card to earn cash back rewards from BankAmeriDeals on your purchase

Get a 25-75% rewards bonus with Preferred Rewards

Plus get an automatic credit to your account from your redeemed BankAmeriDeals offer within 30 days following redemption

2. Sign up for loyalty programs from your favorite retailers

You could enjoy exclusive offers for members only, including perks and savings.

3. Take advantage of manufacturers’ coupons when you shop

Many Preferred Rewards clients are already making the most of these tips. Here are some examples:

On the road to more rewards
	Robert is a Preferred Rewards Gold tier client and is a frequent traveler. When booking a recent $600 hotel stay, he was able to earn points with his Bank of America^® Travel Rewards card and save more than $60 with BankAmeriDeals:
Robert paid for his $600 room with his Bank of America^® Travel Rewards credit card and earned 1.5 points for every dollar he spent.	900 points
He also used his card to rent a car and for dining out, spending an additional $800.	1,200 points
He got a 25% Preferred Rewards bonus on his points.	525 additional points
He used a BankAmeriDeal for the GreatStay Hotel and got 10% cash back credited to his account.	$60 savings
Robert saved $60 on his $600 hotel purchase and, with his $800 car rental and dining purchases, earned a combined 2,625 points — which he can redeem for a $26.25 travel statement credit.*
*Points may be redeemed for a travel credit starting at 2,500 (worth $25).

On the road to more rewards

Robert is a Preferred Rewards Gold tier client and is a frequent traveler. When booking a recent $600 hotel stay, he was able to earn points with his Bank of America^® Travel Rewards card and save more than $60 with BankAmeriDeals:

Robert paid for his $600 room with his Bank of America^® Travel Rewards credit card and earned 1.5 points for every dollar he spent.

900

points

He also used his card to rent a car and for dining out, spending an additional $800.

1,200

points

He got a 25% Preferred Rewards bonus on his points.

525

additional points

He used a BankAmeriDeal for the GreatStay Hotel and got 10% cash back credited to his account.

$60

savings

Robert saved $60 on his $600 hotel purchase and, with his $800 car rental and dining purchases, earned a combined 2,625 points — which he can redeem for a $26.25 travel statement credit.*

*Points may be redeemed for a travel credit starting at 2,500 (worth $25).

An appetite for more
	Angela is a Preferred Rewards Platinum tier client and a Fresh Foods Grocery Rewards Club member. When shopping for wholesome food for her growing family, Angela makes the most of every dollar by using her Bank of America^® Cash Rewards credit card and her frequent shopper savings at Fresh Foods.
Angela spent $150 at Fresh Foods Grocery.
She used a frequent shopper thank you coupon from Fresh Foods Grocery.	$5 savings
She paid with her Bank of America^® Cash Rewards credit card, because she earns 2% cash back at grocery stores and wholesale clubs.	$3 cash reward*
When she reaches $25 in cash rewards, she can redeem her cash back into her eligible Bank of America^® checking account and get a 50% Preferred Rewards bonus.	$1.50 additional cash reward*
Angela saved $5 with Fresh Foods Grocery using her coupon and will get $4.50 in cash rewards from Bank of America on her $150 purchase!
*Cash rewards redemptions begin at $25.

An appetite for more

Angela is a Preferred Rewards Platinum tier client and a Fresh Foods Grocery Rewards Club member. When shopping for wholesome food for her growing family, Angela makes the most of every dollar by using her Bank of America^® Cash Rewards credit card and her frequent shopper savings at Fresh Foods.

Angela spent $150 at Fresh Foods Grocery.

She used a frequent shopper thank you coupon from Fresh Foods Grocery.

savings

She paid with her Bank of America^® Cash Rewards credit card, because she earns 2% cash back at grocery stores and wholesale clubs.

cash reward*

When she reaches $25 in cash rewards, she can redeem her cash back into her eligible Bank of America^® checking account and get a 50% Preferred Rewards bonus.

$1.50

additional cash reward*

Angela saved $5 with Fresh Foods Grocery using her coupon and will get $4.50 in cash rewards from Bank of America on her $150 purchase!

*Cash rewards redemptions begin at $25.

Calculate your Preferred Rewards potential

Use our Preferred Rewards calculator to see the benefits you can earn

We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that.

Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have.

If you prefer that we do not use this information, you may opt out of online behavioral advertising. If you opt out, though, you may still receive generic advertising. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements.

Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. These ads are based on your specific account relationships with us.

To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs.

With the Preferred Rewards program, you earn more, save more and get more back with your everyday banking. But it doesn’t have to stop there. You can combine Preferred Rewards with other programs and discounts and benefit even more. Here are 3 helpful tips to get you started:

1. Watch for BankAmeriDeals^® before you shop

2. Sign up for loyalty programs from your favorite retailers

3. Take advantage of manufacturers’ coupons when you shop

Not enrolled in the Preferred Rewards Program? Learn more about Preferred Rewards

Connect with us

888.888.7937

888.888.7937

Schedule an appointment

Preferred Rewards FAQs

Card eligibility guidelines

Advertising Practices

Get more out of Preferred Rewards

With the Preferred Rewards program, you earn more, save more and get more back with your everyday banking. But it doesn’t have to stop there. You can combine Preferred Rewards with other programs and discounts and benefit even more. Here are 3 helpful tips to get you started:

1. Watch for BankAmeriDeals® before you shop

2. Sign up for loyalty programs from your favorite retailers

3. Take advantage of manufacturers’ coupons when you shop

Not enrolled in the Preferred Rewards Program? Learn more about Preferred Rewards

Connect with us

888.888.7937

888.888.7937

Schedule an appointment

Preferred Rewards FAQs

Card eligibility guidelines

1. Watch for BankAmeriDeals^® before you shop