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All you need to find out about Bank of America’s Preferred Rewards system

All you need to find out about Bank of America’s Preferred Rewards system
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Points and kilometers are wonderful for taking proper care of routes and lodging, but there are numerous other expenses a part of travel. Making use of cash-back benefits in conjunction with your points and kilometers could make a secondary really free of a perspective that is monetary. Today we’ll go through the usually passed-over favored benefits system from Bank of America to observe how consolidating your banking and investment requirements can very quickly compound cash-back profits and acquire you some banking that is solid.

The Preferred Rewards system was designed to entice the general public to place checking that is everyday cost cost savings, investment and your retirement banking into a form of one-stop store with Bank of America and Merrill. The greater amount of assets that are total have actually between those reports, the greater advantages Bank of America and Merrill offer you.

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System rules

When a total is had by you of $20,000 in assets between qualifying Bank of America and Merrill investment reports, you be eligible for Gold Preferred Rewards advantages. $50,000 as a whole assets qualifies for the Platinum tier, and $100,000 as a whole assets qualifies for the Platinum Honors tier of Preferred Rewards.