To qualify for Bank of America’s Preferred Rewards Gold tier, you need an active, eligible Bank of America personal checking account and a three month combined average daily balance of $20,000 to $49,999 across qualifying accounts.
These can include Bank of America checking, savings, money market, CDs, and IRAs, plus Merrill investment accounts. Balance is measured as an average over three calendar months, so temporary dips or spikes won’t immediately change your tier.
Employees of certain participating companies with payroll direct deposit may qualify for Gold without meeting the balance requirement. Gold members get perks like a 25% credit card rewards bonus, a $200 mortgage origination fee reduction, and a 0.25% auto loan rate discount.
