See reverse side for more information.
For employee/retiree use only — not for distribution to the general public.
Understanding employee and retiree offers
We’re proud to provide our BankofAmerica® employees and retirees with special offers on products.
Eligibility:
• U.S.-based full-time or part-time employees actively employed by BankofAmerica Corporation or its subsidiaries.
• Retirees with at least 10 years of vesting service,
1
and their age plus years of vesting service
1
equal to at least 60
(with no minimum age requirement)
Account types Offers available to you
Changes that will occur when you
no longer meet the qualifications
BankofAmerica
Employee Identified
Consumer Checking or
Savings Account
Waivers for Active Employees:
• International Transaction Fee of 3% of the U.S. dollar amount of a BankofAmerica
ATM or Debit card transaction is waived. Other ATM fees may apply.
• Rush Replacement ATM or Debit Card Fee
• Order foreign currency before your trip via the Mobile Banking app
2
or Online
Banking to receive 2% off the exchange rate and a waiver of the standard
shipping fee.
Waivers for Retirees:
• Order foreign currency before your trip via the Mobile Banking app
2
or Online
Banking to receive 2% off the exchange rate
and a waiver of the standard
shipping fee.
Standard product terms and pricing apply.
(See current Personal Schedule of Fees for
details.)
BankofAmerica product terms, pricing and
foreign exchange fees apply.
BankofAmerica product terms, pricing and
foreign exchange fees apply.
Mortgage • You enjoy a 0.25% interest rate reduction on a home purchase or refinance loan.
3
There will be no changes to existing or
in-process loans. New loans will not be
eligible for employee offers.
BankofAmerica
Preferred Rewards
Program
4
• Platinum tier balance requirement of $50,000 is waived. Standard program terms apply. (See a
current copy of the Program details for
more information.)
MerrillEdge
Self-Directed
(for accounts opened
before retirement)
Mutual funds
• $100 minimum on BlackRock Institutional Shares for new and
subsequent purchases.
Margin Balances
• Less than $100,000: Base rate + 0.875
• $100,000 to $4,999,999: 1.50% maximum discount off effective rate
(must call to request)
• $5,000,000 to $9,999,999: 1.75% maximum discount off effective rate
(must call to request)
• $10,000,000 and over, may call to request further negotiated rates; however, the
total rates cannot be less than the Applicable Federal Rates published by the IRS.
There will be no changes to existing
accounts.
Standard product terms and pricing apply for
all new accounts. (Go to merrilledge.com/
pricing for current rates.)
If you are an active employee, you can find information about your discounts on BankofAmerica banking and Merrill investing
products and services by logging into Flagscape. If you do not have access to Flagscape, or are a retired employee, contact a
specialist at 800.695.6262, Monday–Friday, 8a.m.–8p.m. local time; Saturday–Sunday, 7a.m.–5p.m. Pacific Standard Time.
If you are unsure of your employment status, contact the Global HR Service Center at 800.556.6044.
1
Special rules may apply and can be found at HRConnect.bankofamerica.com or Employee Resources at home at bankofamerica.com/sitemap/associates.go.
2
Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.
3
You are invited to apply for a home purchase or refinance loan from BankofAmerica, N.A. This does not mean that you have been pre-qualified or pre-approved for any product or service we offer. This
is not a commitment to lend; you must submit an application and additional information for review and approval. Not all mortgage programs are eligible for the Employee Mortgage Benefit offer. The
0.25% interest rate reduction will be applied at the time of completed application to reduce our available mortgage interest rates. For adjustable rate mortgages (except PrimeFirst
®
), the discounts
are applicable only during the initial fixed-rate period. The employee mortgage benefit applicable to the PrimeFirst adjustable rate mortgage is a 0.25% reduction to the margin. All mortgage interest
rate reduction offers are subject to a maximum interest rate reduction limit. Offer applicable to a purchase or refinance loan from BankofAmerica N.A. of a primary residence, secondary residence or
investment property. Offer is nontransferable. Additional offer restrictions may apply. If you are refinancing to lower your monthly payment or change from a variable to a fixed-rate loan, you should
carefully consider the potential increase in the total number of monthly payments and/or the total interest charges paid over the full term of the new refinance loan — especially for borrowers who
currently have loans with terms less than 30 years. BankofAmerica may change or discontinue the Employee Mortgage Benefit offer or any portion of it at any time. BankofAmerica prohibits
bank employees or household members from purchasing Real Estate Owned (REO), auctioned REO, short sale and foreclosed properties owned or serviced by the bank in the U.S. and its territories.
Employees uncertain as to whether a property is owned or serviced by BankofAmerica may contact the following for further assistance: For company-owned properties (REO), call REO Customer Care
at 866.781.0029. For short-sale properties owned or serviced by the company, call Short Sale Customer Care at 800.496.8067.
4
Preferred Rewards Program Eligibility. You are eligible to enroll and maintain your membership in the Bank of America Preferred Rewards® program if you have an active, eligible Bank of America®
personal checking account. Existing employees/retirees do not have to meet the three-month combined average daily balance to enroll in Preferred Rewards and qualify for the Platinum tier. New
employees may have to wait up to one month to enroll to allow for the employee indicator to be updated. Employees/retirees can qualify for the Platinum Honors tier with $100,000, the Diamond tier
with $1,000,000 and the Diamond Honors tier with $10,000,000 in your combined qualifying Bank of America deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill
investment accounts (such as Cash Management Accounts, 529 Plans). The qualifying balance is calculated based on your average daily balance for a three-calendar-month period. If you no longer
meet the requirements for employee status, standard program terms apply. Employee benefit plans (such as 401(k)) will not count toward the combined balance requirement. 529 plans are included
only if they appear on your Merrill statement, except 529 plans owned in UGMA/UTMA form which are not included. Benefits become effective within 30 days of your enrollment, or for new accounts
within 30 days of account opening, unless we indicate otherwise. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For more
information, refer to the Preferred Rewards section of the Personal Schedule of Fees, available at bankofamerica.com/fees for details.
For more complete information on any mutual fund, clients should obtain the prospectus, and/or if available, the summary prospectus, from their Merrill financial advisor and should
read it carefully. Before investing, carefully consider the investment objectives, risks, and charges and expenses of a fund. This and other information can be found in the fund’s
prospectus and/or, if available, summary prospectus.
Prospectuses for mutual funds can be obtained through the investor’s sign-in area of merrilledge.com. Clients of the Merrill Advisory Center can also call 888.654.6837. If you’re not
currently a Merrill client, please call 888.637.3343.
Obtaining products or services from BankofAmerica or Merrill or affiliates is not required and is not a condition to your employment.
The information contained in these disclosures is accurate as of 10/2023.
Employee Financial Services is offered through BankofAmerica, N.A. and MerrillLynch, Pierce, Fenner & Smith Incorporated (MLPF&S).
Banking, Mortgage and Home Equity products are provided by BankofAmerica, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of BankofAmerica Corporation. Credit and
collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
MerrillLynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies
that are affiliates of BankofAmerica Corporation (“BofACorp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC, and a wholly owned subsidiary of BofACorp.
Investment products:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
BankofAmerica, N.A. Member FDIC. Equal Housing Lender ©2023 BankofAmerica Corporation.
PCH-10-23-0240 | MAP6030362
00-56-0239NSB | 10/2023
For employee/retiree use only — not for distribution to the general public.