- As a Preferred Rewards for Business member, you can enjoy no fees on select banking services, such as no monthly maintenance fees on up to four checking (and four savings) accounts — plus fee waivers on inbound wire transfers, ATM or debit card rush replacement, and more.
- Earn more rewards with up to 75% bonus rewards on eligible Bank of America business credit cards.
- Earn a discount of up to 0.10% on your Merchant Services Simplified Pricing processing rate as a Bank of America® Preferred Rewards for Business member.
- As a Preferred Rewards for Business member, you can get an interest rate discount of 0.25% to 0.75% for a new loan or line of credit.
Start earning rewards and benefits for the business you do
Why choose Bank of America?
Over 3 million business clients trust Bank of America for everyday and long-term banking needs. We’re honored with industry accolades and trusted for our expertise.
#1 Small Business Lender in the U.S.
– Based on June 2025 FDIC data
Best Consumer Digital Bank in North America
– Global Finance Magazine, 2025
Top-rated Mobile App
– J.D. Power and Forrester, 2025
One of America’s Best Banks
– Forbes, 2025
