WebApr 3, 2024 · Bank of America maxes out the 3% quarterly earnings bonuses at $2,500 per quarter ($10,000 per year) after which the earnings rate drops down to an unlimited 1%. When maxed out, a cardholder can ... WebSep 25, 2024 · People who have $50,000 or less in investable assets. OK, so this one is obvious. You shouldn’t get this card if you can’t put at least $50,000 on deposit with Bank of America and/or Merrill Lynch. While having Platinum Honors status in the Preferred Rewards banking program is ideal to maximize this card, you’ll still earn a decent return ...
Bank of America Preferred Rewards for Merrill Clients
Web24 minutes ago · Think platinum, gold, or the legendary "black card" that offers fancy perks and sky-high limits. ... Bank of America (50%) American Express (38%) ... They might also want to consider a gas rewards ... Web1% cash back on all other purchases. You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. There's no annual fee and your … river city masonry louisville ky
Guide To Bank Of America Preferred Rewards Bankrate
WebThe Preferred Rewards for Business bonus for eligible cash rewards credit cards will be applied after all base and bonus cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $3.75, $4.50 or $5.25 based on your tier when the purchase posts to your account. WebFeb 12, 2024 · There are five tiers in the Preferred Rewards program, each with their own qualifying balances: Gold: $20,000 to $49,999.99 Platinum: $50,000 to $99,999.99 … WebJan 3, 2024 · Bank of America charges Platinum Plus cardholders a minimum APR of 12.49% – 23.49% (variable), which is well below what many business cards charge. The average business card, for example, charges a minimum rate of 14.43%, according to our weekly rate report. You could get hit with a much higher rate, though, if your business … smithsonian fun facts