Footnote

Exclusive savings offer just for you

We believe in rewarding banking relationships. That’s why, as a valued checking account customer, you’re eligible to receive this exclusive offerFootnote 1, up to $500.

Take three steps to earn up to $500

  • Open a savings account

    Open a new Bank of America® Regular Savings or Rewards Money Market Savings account by June 30, 2017.

  • Open a savings account

    Next, you have thirty (30) days from account opening to make qualifying deposits of $10,000 or more in new money* directly into your eligible savings account. After the 30-day period, all qualifying deposits will be totaled to determine your eligible bonus tier.

    Qualifying Deposits Bonus
    $10,000-$19,999 $150
    $20,000-$49,999 $200
    $50,000-$99,999 $300
    $100,000+ $500
  • AND
  • Open a savings account

    Finally, after your eligible tier is established, you must maintain your qualifying deposits for an additional 60 days.

*“New money” is money not currently or previously held in any account in your name at Bank of America, Merrill Lynch or Merrill Edge.

Start by selecting a savings account

Regular Savings

You’re starting out and need a basic savings account

Core Checking Open now

$25 opening deposit

Online and Mobile BankingFootnote 2


$5 monthly maintenance fee
Waive this fee with automatictransfers or daily balance requirements.

See ways to waive this fee Hide details

Open now

Rewards Money Market Savings

You keep higher balances and want to earn more interest as rates rise

Rewards Money Market Savings Open now

$25 opening deposit

Online and Mobile BankingFootnote 2

Earn more interest than Regular SavingsSee rates Opens link in a new window

Preferred Rewards Opens link in a new window clients get aninterest rate boosterFootnote 3


$12 monthly maintenance fee
Waive this fee with dailybalance requirements.

See ways to waive this feeHide details

Open now

You get even more benefits when you have both a checking and savings account

Get overdraft protectionFootnote 4for your eligible checking account,with automatic transfersfrom your linkedsavings account

Set up automatictransfers from yourchecking to savingsaccounts

Keep the Change®Footnote 5rounds up Bank of America® debit card purchases to the nearest dollar, and transfers the difference from your checking to your savings account

Need more help?information about opening a checking account?

Schedule an appointment Find a location

1 TERMS AND CONDITIONS
This offer is only available to select Bank of America customers who receive this offer via a direct communication from Bank of America. Fiduciary accounts are excluded from this offer. This offer expires on June 30, 2017. Bank of America may change or discontinue this offer at any time without notice before that date. This offer is intended for new savings customers only; you are not eligible for this offer if you were a signer on or owner of a Bank of America personal savings account within the last six (6) months.

Requirements to Receive the Cash Bonus:
(1) Open a new, eligible savings account by June 30, 2017, in a financial center, online, or via phone. Certificates of Deposit (CDs), Individual Retirement Accounts (IRAs), and Minor/Student savings accounts are not eligible for this offer.

(2) Next, you have thirty (30) days from account opening to make deposits of new money directly into your savings account (each is a “Qualifying Deposit”). “New money” is money not currently or previously held in any account in your name at Bank of America, Merrill Edge®, and/or Merrill Lynch®. At the end of the 30-day period, all Qualifying Deposits will be totaled to determine which of the bonus tiers you are eligible for (the “Qualified Tier”).

Qualifying Deposits totaling $10,000-$19,999 will be eligible for the $150 bonus tier, $20,000-$49,999 will be eligible for the $200 bonus tier, $50,000-$99,999 will be eligible for the $300 bonus tier, and $100,000 or more will be eligible for the $500 bonus tier.

(3) Finally, for an additional sixty (60) days after the Qualified Tier is established (the “Maintenance Period”), the average daily balance in your new savings account must be equal to or greater than the minimum balance for your Qualified Tier. For example, if your Qualified Tier is $200, you must maintain an average daily balance of at least $20,000 for an additional 60 days after your Qualified Tier is established.

If all requirements listed above are met, we will attempt to deposit the bonus directly into the eligible savings account within sixty (60) days after the end of the Maintenance Period. Your Bank of America eligible savings account must be open up to and including the date the bonus is paid in order to receive the bonus.

Additional Important Information:
If at any time during the Maintenance Period the average daily balance in the eligible account drops below the minimum for that Qualified Tier, you will no longer be eligible for the bonus attributable to that Qualified Tier, but may be eligible for a lower bonus (as applicable, based on the lowest average daily balance during the Maintenance Period). After the Qualified Tier has been established, you cannot increase your potential bonus by making additional deposits.

Offer cannot be combined with any other bonus offer and is limited to one per eligible savings account and per customer. Offer does not apply to second or multiple eligible savings accounts. In the event a customer has more than one eligible savings account, only one account can qualify for this offer.

Additional Terms and Conditions:
All account applications are subject to our normal approval process. Your eligible savings account does not qualify for the cash bonus until you provide all of the information we require in connection with opening the account by the expiration date. This includes information we require to identify each account owner, including a validly completed IRS Form W-9 or Form W-8 (as applicable). The value of this bonus may constitute taxable income to you. Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of the bonus. To the extent required by law, Bank of America may withhold tax or other amounts from the payment. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.

The minimum deposit required to open a Regular Savings account or a Rewards Money Market Savings account is $25. Annual Percentage Yields (APYs) for these and other deposit accounts, accurate as of today’s date, can be found by selecting the account at https://www.bankofamerica.com/deposits/bank-account-interest-rates.go. The rates may change after an account is opened and may vary by state. Fees may reduce earnings. All other savings account details remain the same. Please consult a financial center, visit bankofamerica.com or see the Personal Schedule of Fees for account fees and additional information about your account.

Reproduction, purchase, sale, transfer or trade of this offer is prohibited.

2Mobile Banking requires enrollment through the Mobile Banking app, Mobile website or Online Banking. Enrollment through the Mobile Banking app is not available on all devices. View the Online Banking Service Agreement for more information. Data connection required. Wireless carrier fees may apply.

3 The Rewards Money Market Savings interest rate booster is only available to customers enrolled in the Preferred Rewards program. Your enrollment in Preferred Rewards will not automatically convert any existing money market savings account to a Rewards Money Market Savings account without your request. If your enrollment in the Preferred Rewards program is discontinued, the interest rate booster may be discontinued. Visit the Rewards Money Market Savings page on bankofamerica.com for current rates.

4 Overdraft Protection Transfer fees may apply.  Please refer to your Personal Schedule of Fees for details.

5 Upon enrollment, we will round up your MasterCard® or Visa® debit card purchases to the nearest dollar and transfer the difference from your checking account to your Bank of America® savings account. If your savings account enrolled in Keep the Change® is converted to a checking account, Keep the Change® transfers will continue to be made into that account. We may cancel or modify the Keep the Change service at any time without prior notice. Keep the Change is not available for Small Business debit cards.

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