Bank Of America’s Platinum Privileges® Customers Receive 30 Free Merrill Edge Online Trades Per Month

Bank of America today announced that customers who qualify for the Platinum Privileges® program with their Bank of America bank and Merrill Edge investment accounts will receive 30 commission-free online equity and ETF trades per month within their Merrill Edge self-directed brokerage accounts, as well as complimentary access to Merrill Edge MarketPro™.

In order to qualify for Platinum Privileges status, customers will need to maintain $50,000 or more in combined balances in Bank of America deposit accounts and/or Merrill Edge investment accounts and have an active Bank of America personal checking account or an eligible Merrill Edge brokerage account. 1

“Giving Bank of America’s Platinum Privileges customers who open a Merrill Edge self-directed account 30 commission-free online equity and ETF trades per month along with complimentary access to Merrill Edge MarketPro is a great way to recognize and reward customers who do more business with Bank of America and Merrill Edge,” said Alok Prasad, head of Merrill Edge. “We are continually innovating and listening to our customers to develop new ways to provide them with outstanding value and convenience.”

In addition to making Platinum Privileges customers eligible for 30 commission-free online equity and ETF trades per month, Merrill Edge customers who have $25,000 in Bank of America deposit accounts or cash in Merrill Edge self-directed investment accounts will continue to receive 30 commission-free online equity and ETF trades per month.

Platinum Privileges customers will also receive complimentary access to Merrill Edge MarketPro , a real-time market analysis and trading platform for self-directed investors. 2 The platform provides clients with real-time market analysis for greater control over every trade, customization and features including integrated trading, account information, streaming market data and interactive charting, and access to BofA Merrill Lynch Global Research, ranked No. 1 by Institutional Investor magazine. 3

“We are excited to make more features available to our Platinum Privileges customers,” said Aron Levine, Preferred channel executive for Bank of America. “We will continue to expand our offerings to make sure these customers understand the value of doing business with Bank of America and Merrill Edge.”

Bank of America now offers Platinum Privileges for consumers in all states except California. 4 With Platinum Privileges status, customers get priority service, higher savings rates and pricing discounts on many banking products from Bank of America. Benefits include:

  • Priority phone service : Access to the dedicated Platinum Service Center, with a direct phone line to a team of specialists and extended hours of operations.
  • The BankAmericard Privileges ® credit card with Cash Rewards, which offers a 50 percent customer bonus when you redeem into an eligible account. 5
  • Preferred pricing including higher rates on the Platinum Privileges Money Market Savings account 6 and select CDs and IRAs. 7
  • Discounts and fee waivers on many standard banking products such as cashier’s checks, stop payments and incoming wire transfers.
  • Exclusive home loan benefits, including a ¼ point discount on discount points for a home purchase or refinance loan.

1 As of July 9, 2012, customers will be required to have a Bank of America checking account in order to maintain or qualify for Platinum Privileges status, along with continuing to maintain $50,000 or more in qualifying Bank of America personal checking accounts and Merrill Edge investment accounts.

2Merrill Edge MarketPro TM is available to Merrill Edge self-directed-only relationships. To qualify you must have total combined balances of more than $50,000 in your Merrill Lynch investment accounts and/or Bank of America, N.A. deposit accounts or make greater than 15 self-directed trades per quarter. Not available for investment professionals, employees of Bank of America and Merrill Lynch and business accounts.

3 Institutional Investor magazine announced BofA Merrill Lynch Global Research as the Top Global Research Firm for 2011, based on surveys held throughout the year. The magazine creates rankings of the top research analysts in a wide variety of specializations, drawn from the choices of portfolio managers and other investment professionals at more than 1,000 firms. For more information about this award, go to http://www.institutionalinvestor.com/Research/3219/Methodology.html.

4Platinum Privileges ® will be available in California later in 2012.

5For information about rates, fees, other costs and benefits of this credit card, see Terms and Conditions.

6The Platinum Privileges Money Market Savings Account is only available on request to customers enrolled in the Platinum Privileges program, or whose opening balance qualifies them for the Platinum Privileges program. Your enrollment in Platinum Privileges will not automatically convert any existing or new money market savings account to a Platinum Privileges Money Market Savings Account without your request. If your enrollment in the Platinum Privileges program is discontinued, your Platinum Money Market Savings account will automatically convert to a standard money market savings account and the interest rate and fees for a standard money market savings account will apply.

7Platinum Privileges rates on select CDs and CD IRAs are available only at the beginning of the term of a CD or CD IRA and only if you are enrolled in the Platinum Privileges program at that time. If you are no longer enrolled in the Platinum Privileges program when the CD renews, you will receive a standard rate for the new term.

Merrill Edge

Merrill Edge provides mass affluent customers access to professional investment guidance through Merrill Edge Financial Solutions Advisors in the Merrill Edge Advisory Center or in-person at select banking centers. For customers who prefer to invest on their own, Merrill Edge provides a self-directed online investing platform, with robust tools and resources to help them make informed investment decisions.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

For more Bank of America news, visit the Bank of America newsroom.

www.bankofamerica.com

Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing.

MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation.

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