Benefits of Being a Bank of America Gold Member

iRogers

Active member
Credits
$24.25750
Become a Bank of America gold member and enjoy a variety of benefits. You'll receive a 50% rewards bonus when you make purchases on select BofA credit cards and you can earn 3% cash back on your purchases in a category of your choice. Plus, you can redeem your rewards for a credit to an eligible Merrill Lynch or Merrill Edge account.

Earn 3% cash back on a category of your choice

Using Bank of America cards can be a great way to earn cash back on your everyday purchases. However, you want to make sure the rates offered match your regular spending habits. You should also consider carrying a balance on your card. This can help you earn more rewards on your card.

Bank of America offers three different levels of card benefits. The tiers are Gold, Platinum, and Honors. The highest level, Platinum Honors, requires $100,000 in eligible Bank of America accounts. It also includes complimentary international inbound wire transfers, 4 online outbound wire transfers per statement cycle, and select banking services without a fee.

Bank of America also offers a Preferred Rewards program. With this program, you can earn an extra 25 to 75 percent cash back on select purchases. Bank of America's Preferred Rewards center also has dedicated specialists to help you make the most of your rewards.

Bank of America's Preferred Rewards program is designed to make it easy for you to earn cash back on your everyday activities and investments. To qualify, you will need to have a Bank of America personal checking account and an eligible Merrill Lynch or Merrill Edge investment account. In addition, you must make a purchase every quarter to qualify for the bonus. This is tracked in your online banking and in your statement.

Receive 25% to 75% more rewards on purchases with select BofA credit cards

Depending on the type of credit card you choose, Bank of America Gold members receive 25% to 75% more rewards on purchases with select BofA credit cards. The rewards are deposited into a Bank of America account and are redeemable for statement credit. In addition, Bank of America has a wide variety of benefits that go beyond the typical rewards credit card. These benefits include travel benefits, mobile banking, and low investment opportunities.

The Bank of America Visa Signature card offers 3% cash back on gas, dining, and home improvement. It also has a 3% discount on drug stores and at establishments that sell drinks. The card also offers 3% cash back on travel.

Bank of America Platinum Rewards cardholders receive 12 no-fee transactions per year, plus one no-fee transaction per month at a non-Bank of America ATM. In addition, Platinum members receive one refund per statement cycle. Bank of America customers also have the option to set up automatic redemptions beginning at $25.

Redeem rewards for a credit to an eligible Merrill Lynch or Merrill Edge account

Whether you're looking to invest in stocks, exchange-traded funds (ETFs), mutual funds, or bonds, you'll find a wide range of options with Merrill Edge. The brokerage firm is owned by Bank of America and serves millions of consumers around the world.

Merrill Edge clients can access their accounts in real time using their mobile app or online. They can also reach customer support by phone or email. Clients can also use the Idea Builder to find investments. The platform also features a podcast, webinars, and a library of educational content.

Merrill Edge provides a tiered rewards system. Clients can receive a cash bonus of up to $250 after their account has been open for at least 180 days. The rewards are subject to a variety of rules and conditions. Upon account opening, the customer will receive a copy of the Program Rules. These rules are available online and by calling the number on the back of the card.

Get a 50% rewards bonus

Whether you are new to Bank of America or an existing customer, the Preferred Rewards program will get you boosted earnings and cash back. The program is designed to reward customers who use Bank of America's services as a one-stop financial center. To qualify, you need to hold an eligible Bank of America checking account, a Merrill investment account, and have an average balance of at least $20,000. Using the Preferred Rewards program can boost your earnings and help you maximize your banking relationship.

The Preferred Rewards program offers a range of benefits, including cash back on all purchases and discounts on other banking services. You can earn cash back by making purchases at stores, on travel, or at wholesale clubs. You can also use your Preferred Rewards points for gift cards. If you meet the requirements, your rewards will be credited to your account.

Depending on the tier you choose, you can receive up to a 75 percent bonus on your credit card rewards. You'll also enjoy the ability to earn cash back on your home improvement and travel purchases.
 

Learners Quest

Valued Contributor
Credits
$2.24620
As a Bank of America Gold member, you can enjoy many benefits, including exclusive offers, priority service, and a dedicated team of specialists to help you with your banking needs.

With priority service, you can get the assistance you need when you need it, without having to wait in line. And, with a dedicated team of specialists, you can be sure that you're getting the best possible service.

In addition, as a Gold member, you can take advantage of exclusive offers and discounts. So, if you're looking for a way to save money on your banking needs, being a Bank of America Gold member is a great option.
 
Top