Bank of America is the second largest bank in the United States and one of the top four largest banking companies in the world. Its major divisions include consumer banking, mortgages, credit cards, commercial and retail banking and wealth management.
Despite its size, Bank of America is still committed to providing its customers with high-quality financial services. It also believes in sustainability and is dedicated to helping combat climate change.
The bank’s principal executive offices are located in the Bank of America Corporate Center in Charlotte, North Carolina. It was constructed in 1992 and stands 871 feet tall, making it the fourth-tallest skyscraper in the United States.
In addition to its main office in Charlotte, the company has offices throughout the United States and other countries around the world. Some of its international locations are the United Kingdom, Germany and Japan.
With a focus on commercial banking and investment banking, the bank offers a range of financial products for businesses and individuals. These include checking, savings, credit cards, loans and investments.
These services can be accessed through several channels, including online, phone or in person. The bank’s customer service representatives are available 24/7 to answer your questions.
Among its many benefits, the Bank of America Preferred Rewards program gives members an extra boost on their credit card rewards and other benefits. Similarly, it helps you get the most out of your savings account by boosting interest rates and offering discounts for certain purchases.
If you’re looking for an interest-bearing account that’s easy to manage, consider a Bank of America Advantage SafeBalance Banking(r) account. It has a low minimum deposit requirement and a $4.95 monthly maintenance fee that’s waived for Preferred Rewards members and select students under 24 years old.
Another option is the Bank of America Relationship Banking Account, which has a higher minimum deposit requirement but features better interest rates than SafeBalance Banking and no maintenance fees. However, this account is only available to individuals aged over 18 and isn’t eligible for overdraft protection or paper checks.
It is recommended that you consult a financial professional before opening any accounts or making changes to your existing ones. A Bank of America Financial Advisor can help you find a product that suits your needs.
Bank of America offers a range of credit cards in multiple categories, from travel to cash back. The bank also offers a business credit card that can help your small business get started.
The most popular cards from Bank of America are the travel credit card and cash back credit cards. These options are ideal for people who want to earn rewards on their everyday spending or are loyal to a particular airline.
They offer flexible spending category structures, allowing you to maximize your cash back earning opportunities, and often have fairly high spending caps depending on the card. Unlike some other cash back credit cards, Bank of America cards aren’t subject to annual fees and are also accepted at most online retailers.