Other Flashcards
1
Q
What is BalanceConnect?
A
An overdraft protective service that helps avoid overdrafts and declined or returned items
2
Q
What is Preferred Rewards?
A
Free rewards program that allows BoA to reward clients for their every day banking
3
Q
What are the 5 different tiers in Preferred Rewards?
A
Gold, Platinum, Platinum Honors, Dimond, Diamond Honors
4
Q
What are the required combined balances for each PR tier?
A
Gold: $20k - <$50k
Platinum: $50k - <$100k
Platinum Honors: $100k - <$1M
Diamond: $1M - <$10M
Diamond Honors: $10M+
5
Q
How can a client be eligible for Preferred Rewards?
A
3-month combined balance of at least $20k; BoA checking account
