![]() Once you qualify for a certain status, you’ll receive benefits for a year. A 3-month combined average daily balance of $20,000 or more in qualifying Bank of America business deposit accounts and/or Merrill business investment accountsīenefits become effective within 30 days of enrollment or within 30 days of account opening for new accounts.An active, eligible Bank of America business checking account.To become a member of Preferred Rewards for Business, you need to have: There are no fees to be a part of this program, and enrollment eligibility opens 3 or more business days after the end of the calendar month in which you satisfy the qualification criteria. The qualification tiers are determined by your business deposits and Merrill Lynch business investment balances. Gold, on the other hand, is easier to qualify for but doesn’t have the most generous perks. Predictably, it boasts the strongest benefits, but also the highest qualification thresholds. ![]() There are 3 tiers of Preferred Rewards for Business: In this guide, we’ll show you how to maximize your business’s cash-back potential by integrating Bank of America credit card products, lending, and banking all under 1 umbrella.īank of America’s Preferred Rewards for Business mirrors the consumer Preferred Rewards program in more ways than one. That’s where Bank of America’s Preferred Rewards for Business comes into play! The program used to be known as Business Advantage Rewards, but thanks to the success of the Preferred Rewards program on the personal/consumer side, the bank revamped its business-focused program and gave it a new name. We emphasize earning flexible rewards points to book luxury travel experiences that yield tens of thousands of dollars of value as our “go-to strategy.”īut what if you were willing to settle for less, as long as it was cold hard cash? What if you wanted to maximize your cash-back as a business beyond Bank of America’s Preferred Rewards program?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |