Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 4421

Personal Finance (Not Investing) • Bank of America/Merrill Edge - Preferred Rewards

$
0
0
Just transferred 3 accounts to Merrill and the transfer total ended up being $99,763. I am a wee bit short of the $100k tier. I guess I could do a partial ACAT from another account but does anyone have experience with them being flexible? Or could I just open a taxable and throw $10k in and be good?
I think if you just transfer and additional $400 directly from an external account to Merrill Edge you should be good. But it can't go from external account to BoA checking then to Merrill Edge.
Don't the rules state that, to qualify for Preferred Rewards tier, the TOTAL assets with bank of america should be $100k or more? That being the case, does the bolded statement above really matter?
The calculator at this site: https://promotions.bankofamerica.com/pr ... rewards/en begins with "I have a 3-month average balance of
$_____________ in all my accounts" ...
[ *NOT* a preferred rewards tier member .. ]
Maybe I misunderstood. Were you trying to qualify for a Merrill Edge transfer bonus? If not, then just moving $400 to your BoA checking would work.

Statistics: Posted by anon_investor — Sun Sep 29, 2024 8:29 pm — Replies 7902 — Views 1078668



Viewing all articles
Browse latest Browse all 4421

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>