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Business Advantage Banking
Credit Cards
Merchant Services
Lending
Preferred Rewards for Business

Business Advantage Banking
Credit Cards
Merchant Services
Lending
Preferred Rewards for Business

Point of sale solutions that grow with you

Your business depends on having access to the very latest technologies. Help your business grow with Merchant Services from Bank of America.

Learn more

Payment Solutions

Streamline your business with all-in-one payment processing.

Security — Get peace of mind knowing your and your customers’ data are secure and protected.¹
Transparent pricing — Clear and transparent Simplified Pricing ensures you always know how much you’ll pay for each transaction.
Get your funds fast — Access funds as soon as the same business day at no cost.²
Seamless relationship — Combine banking and payment processing into one seamless experience.
24/7 technical support — You’ll have help whenever you need it with 24/7 U.S.-based technical support, entirely focused on Merchant Services.

Get more with Preferred Rewards for Business³

Merchant Services

Processing Discount

Get up to a 0.10% processing rate discount when you're enrolled in the Merchant Simplified Pricing plan and a Preferred Rewards for Business member.⁴

Learn more

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

Important disclosures and information

A Bank of America business checking account is required to apply for a Merchant Services account. You must be enrolled in Business Advantage 360, our business banking online platform, to have a Merchant Services account from Bank of America. Merchant Services processing funds must be settled into a Bank of America business checking account.

1

Use of security solutions is not a guarantee that your systems will not be breached or guarantee that you will be compliant with the Payment Card Industry Data Security Standard or Payment Network Rules. May require eligible equipment.

2

Same day access to funding is subject to credit approval. If your merchant account is approved for same day funding, you will have the option to select one funding window to initiate a payout of proceeds to your designated Bank of America business checking account used for settlement. Valid only on Visa®, Mastercard®, Discover® and American Express OptBlue® transactions and PIN debit transactions including EBT. Exceptions may apply.

3

Preferred Rewards for Business Eligibility Requirements: The Preferred Rewards for Business program is only available to Merrill Business, Bank of America Private Bank® Business and Business Banking clients. Other categories of clients, such as those commonly referred to as Global Commercial Banking, Global Corporate Investment Banking or Institutional clients are not eligible to participate in the program. Subject to certain exceptions, eligible business checking accounts generally are any Business checking account and the following Analyzed checking accounts: Full Analysis Business Checking or Analyzed Business Interest Checking. Clients in the eligible business categories may enroll in the program. To enroll you must have an active, eligible Bank of America business checking account and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America business deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill business investment accounts (such as Working Capital Management Accounts, Business Investor Accounts, Delaware Business Accounts). The qualifying balance is calculated based on either (i): your average daily balance for a three-calendar-month period, or (ii) your current combined balance, provided that you enroll at the time you open your first eligible business checking account and satisfy the balance requirement at the end of at least one day within thirty days of opening that account. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. 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 may be available without enrolling in the program if you satisfy balance and other requirements. Not all account types will count toward the balance requirements and receive program benefits. Refer to your Business Schedule of Fees for details on accounts that qualify toward the combined balance calculation and receive program benefits. Not all products and services eligible for benefits under the Preferred Rewards for Business program are available in all locations. Business Banking clients may contact their relationship manager for details about which products are available to them. Please contact 888.BUSINESS (888.287.4637), or if you are a Merrill Lynch Wealth Management or Bank of America Private Bank client, contact your advisor for details about which products and services are available in your location.

4

If you: (1) are enrolled in the Preferred Rewards for Business program, (2) have a Merchant Services processing account with Bank of America that has an 8-digit Merchant ID number (“Merchant Services”), (3) are on the Simplified Pricing plan, and (4) are settling your sales processing transactions into a Bank of America business checking account, then you are eligible to receive a discount on your Merchant Services processing rate based on your tier status in the program as follows: Gold tier: 0.05%, Platinum tier: 0.07%, Platinum Honors tier: 0.10%. For example, if your regular processing rate for swiped transactions is 2.65% +$0.10, your rate at the Gold tier would be 2.60% +$0.10, at Platinum: 2.58% + $0.10, and at Platinum Honors: 2.55%+ $0.10. The processing rate discount savings will be applied as a credit on your Merchant Services account at the end of each billing cycle. To receive this benefit, your Merchant Services processing account, and the Bank of America business checking account where you are settling your sales processing transactions, must be open and you must be enrolled in Preferred Rewards for Business at the time the benefit is paid. Any pending benefits forfeit upon account closure. Your processing rate discount will be based on your Preferred Rewards for Business tier at the time the benefit is paid. Exclusions may apply based on merchant processing product. Subject to change.

Banking products and services are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

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