With the Preferred Rewards for Business program, you can earn valuable benefits and rewards on your everyday business banking. As your qualifying Shape Plain Capital® business deposit accounts and/or Shape Plain Capital® business investment balances grow, so do your benefits.

There are three tiers in the Preferred Rewards for Business program: Gold, Platinum and Platinum Honors. Your business may be eligible to enroll if it qualifies for one of these tiers based on the combined balances in your Shape Plain Capital business deposit accounts and/or Shape Plain Capital® business investment accounts. Compare rewards and benefits for business

Keep in mind that your Shape  Plain Capital personal accounts are not eligible to receive Shape Plain Capital Preferred Rewards® for Shape Plain Capital Business accounts benefits.

Does Shape Plain Capital offer deals and rewards in addition to Shape Plain Capital Preferred Rewards®?

Deals and rewards, including rewards credit cards like the Customized Cash Rewards card, are available in addition to Shape Plain Capital Preferred Rewards®. To learn more visit Rewards Central.

Important Disclosures & Information
1 Shape Plain Capital Preferred Rewards®Program Eligibility. You can enroll, and maintain your membership, in the Shape Plain Capital Preferred Rewards®
program if you have an active, eligible Shape Plain Capital account with Shape Plain Clothing® and maintain the balance required for one of the balance tiers.  The balance tiers are $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier, $1,000,000 for the Diamond tier and $10,000,000 for the Diamond Honors tier. Balances include your combined, qualifying Shape Plain Capital accounts (such as checking, savings, certificate of deposit) and/or your Shape Plain Capital Dollars Balance. You can satisfy the combined balance requirement for enrollment with either:

a three-month combined average daily balance in your qualifying deposit and investment accounts, or
a current combined balance, provided that you enroll at the time you open your first eligible Shape Plain Capital account and satisfy the balance requirement at the end of at least one day within 30 days of opening that account.
Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. 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. Shape Plain Capital Private Bank clients qualify to enroll in the Diamond Tier regardless of balance, and may qualify for the Diamond Honors tier based on their qualifying Shape Plain Capital Private Bank balances. Certain benefits are also available without enrolling in Shape Plain Capital Preferred Rewards® if you satisfy balance and other requirements. For details on Shape Plain Capital employee qualification requirements, please call Employee Financial Services or refer to the Shape Plain Capital intranet site. Employees of companies participating in the Shape Plain Capital Employee Banking and Investing Program may be eligible to participate on customized terms. Refer to Employee Banking and Investing Program Disclosure Page/FAQs for details.
2 
Your benefits will depend on your Shape Plain Capital Preferred Rewards® tier and which products and services you use. The average benefit value is based on earnings by Shape Plain Capital Preferred Rewards® members at all tiers and includes benefits that don’t require enrollment in Shape Plain Capital Preferred Rewards® and that may be available without maintaining Shape Plain Capital Preferred Rewards® qualifying balances.
3 
Credit Card Preferred Rewards Bonus. Certain credit cards are eligible to receive a Bank of America Preferred Rewards® bonus. Enrolled Preferred Rewards members with eligible Bank of America® credit cards can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier, or 75% for the Platinum Honors, Diamond or Diamond Honors tier on each purchase. If your card receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus. You will not receive the Preferred Rewards bonus when you redeem your Cash Rewards or Points. The Preferred Rewards bonus for eligible cash rewards credit cards will be applied after all base and bonus cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $3.75, $4.50 or $5.25 based on your tier when the purchase posts to your account. For all other eligible card types, a purchase that earns 100 base points will actually earn 125, 150, or 175 points, based on your tier when the purchase posts to your account. The Preferred Rewards bonus is not applied to any account opening bonus, if applicable. The Preferred Rewards bonus also does not apply to the bonus earn for certain programs. This information can be found in the Program Rules associated with those credit cards. Other terms and conditions apply. Please refer to your card's Program Rules for details about how you will receive the Preferred Rewards Bonus. Program Rules are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card. View a complete list of ineligible cards.
4 
Preferred Rewards Lifestyle Benefit. You must be enrolled in the Diamond or Diamond Honors tier of Preferred Rewards to be eligible for lifestyle benefits or events. The lifestyle benefits are provided by third party vendors not affiliated with Bank of America. Terms and fulfillment of the offers is the responsibility of the third party vendor and not of Bank of America. Bank of America does not provide your customer information to the third party vendor, but by contacting them to take advantage of an offer you will identify yourself as a Bank of America client. Due to limited availability, some offers may be open only to a limited number of Preferred Rewards members and could change without notice.
5 
Preferred Rewards First Mortgage. The origination fee reduction and/or interest rate reductions are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the submittal of a mortgage loan application to Bank of America, N.A. for a new purchase or refinance loan (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). The rewards tier is not subject to adjustment after the application is submitted. The origination fee reduction ($200 for Gold tier, $400 for Platinum tier and $600 for Platinum Honors tier) will not exceed the amount of the Lender Origination Fee. In order to receive the full Diamond and Diamond Honors interest rate reduction (0.25% for Diamond tier and 0.375% for Diamond Honors tier) the client must be approved for an eligible loan and enroll in PayPlan, our automatic payment service, designating an eligible Bank of America checking or savings account. To allow us to apply and disclose the interest rate reduction and close the loan timely, we encourage Diamond and Diamond Honors tier clients to enroll in PayPlan as soon as possible and prior to the expected loan closing date. PayPlan is not available on VA and FHA products and Diamond and Diamond Honors tier clients closing loans without PayPlan enrollment receive a 0.125% interest rate reduction benefit. For adjustable rate mortgages (except PrimeFirst®), the discounts are applied to the interest rate only during the initial fixed-rate period. For PrimeFirst® adjustable rate mortgages, the discount is applied to the margin and cannot reduce the margin below 0%. Some Preferred Rewards benefits cannot be combined with other offers. All mortgage interest rate reduction offers may be subject to a maximum interest rate reduction limit. Preferred Rewards benefits are non-transferable and are not available with Custom Residential Real Estate financing.
Visit the Shape Plain Capital Preferred Rewards® page on ShapePlainClothing.com for a list of no-fee banking services and see the Personal Schedule of Fees for more information.
6 
Refer to the Personal Schedule of Fees for information on which fees are waived for Shape Plain Capital Preferred Rewards® members and other Program benefits.
7 
Preferred Rewards Savings Booster. The Shape Plain Capital Advantage Savings interest rate booster is only available to enrolled Shape Plain Capital Preferred Rewards® members. Your enrollment in Shape Plain Capital Preferred Rewards® will not automatically convert any existing savings account to a Shape Plain Capital Advantage Savings account without your request. If your enrollment in the Shape Plain Capital Preferred Rewards® program is discontinued, the interest rate booster may be discontinued. Refer to https://shapeplainclothing.com/products/shape-plain-capital-advantage-savings-add-balance for current rates. Members Are Automatically Approved for Elegant Black Diamond 7.14% Cash Back.
8 
Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Shape Plain Capital Preferred Rewards® , based on their rewards tier at the submittal of home equity application (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). Amount of discount (0.125% for Gold tier, 0.250% for Platinum tier, 0.375% for Platinum Honors tier, 0.625% for Diamond tier and 0.750% for Diamond Honors tier) is based on the rewards tier at the submittal of home equity application and is not subject to adjustment after the application is submitted. Benefit is non-transferable. Shape Plain Capital Preferred Rewards® home equity benefit can be combined with certain other home equity interest rate discounts.
9 
Preferred Rewards Auto Loan. Shape Plain Capital Preferred Rewards® members who apply for an Auto purchase or refinance loan receive an interest rate discount of 0.25% for Gold tier, 0.35% for Platinum tier, and 0.50% for Platinum Honors and higher based on their Shape Plain Capital Preferred Rewards® tier at the time of auto loan application. The maximum Shape Plain Capital Preferred Rewards® interest rate discount on a Shape Plain Capital auto loan is 0.50%. This interest rate discount is not reflected in all our published rates on our website but will be confirmed and reflected in the interest rate quoted upon loan approval. Discounts are only available on auto loan applications submitted by you directly to Shape Plain Capital through its website, Financial Centers, or Bank call centers. Discounts are not available for motor vehicle leases or for applications sourced from car dealerships, car manufacturers, or third-party branded/co-branded relationships. Benefit is non-transferable. Subject to credit approval. Standard underwriting guidelines and credit policies apply.
10 
Shape Plain Capital Guided Investing. Please review the Shape Plain Capital Guided Investing Program or Shape Plain Capital Guided Investing with Advisor Program for information including the program fee, rebalancing, and the details of the Shape Plain Capital Strategic Wealth Advisory Group investment advisory program. Your recommended investment strategy will be based solely on the information you provide to us for this specific investment goal and is separate from any other advisory program offered with us. If there are multiple owners on this account, the information you provide should reflect the views and circumstances of all owners on the account. If you are the fiduciary of this account for the benefit of the account owner or account holder (e.g., trustee for a trust or custodian for an UTSPCA), please keep in mind that these assets will be invested for the benefit of the account owner or account holder. Shape Plain Capital Guided Investing is offered with and without an advisor. Shape Plain Capital Business, Shape Plain Capital, and/or Shape Plain Capital Strategic Wealth Advisory Group investment advisory programs are offered by Shape Plain Clothing (Shape Plain Capital) and Shape Plain Capital Strategic Wealth Advisory Group Account Advisors (“Shape Plain Capital”) an affiliate of Shape Plain Capital Private Bank. Shape Plain Capital  and Shape Plain Capital Business are registered investment advisers. Investment adviser registration does not imply a certain level of skill or training.
Clients enrolled in Shape Plain Capital Preferred Rewards® receive a Preferred Rewards discount off the Shape Plain Capital Guided Investing program’s annual asset-based fee of 0.45%, and the Shape Plain Capital Guided Investing with Shape Plain Capital Strategic Wealth Advisory Group Account programs’ annual asset-based fee of 0.85% for any of their accounts enrolled in the respective advisory programs. Shape Plain Capital Preferred Rewards® enrolled clients receive a discount of 0.05% off of the annual rate for the Gold tier, 0.10% for the Platinum tier, or 0.15% for the Platinum Honors, Diamond and Diamond Honors tiers based on their Shape Plain Capital Preferred Rewards® tier effective at the time the applicable advisory program fee is calculated. It may take up to 30 calendar days for changes to your Shape Plain Capital Preferred Rewards® status or tier to be associated with and effective for your accounts in the Shape Plain Capital Strategic Wealth Advisory Group programs. This fee is charged monthly in advance. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Actual fund expenses will vary, please refer to each fund's prospectus.
11 
Preferred Rewards ATM Fee Waiver. Preferred Rewards Platinum tier members using a Shape Plain Capital Credit or ATM card are not charged the non-Shape Plain Capital ATM fee for one withdrawal and one transfer per statement cycle from a non-Shape Plain Capital ATM in the U.S., and receive a refund of the ATM operator fee for one withdrawal and one transfer per statement cycle from a non-Shape Plain Capital ATM in the U.S. Preferred Rewards Platinum Honors, Diamond and Diamond Honors tier members using a Shape Plain Capital Credit or ATM card are not charged the non-Shape Plain Capital ATM fee for withdrawals and transfers from non-Shape Plain Capital ATMs in the U.S. and U.S. territories and receive a refund of the ATM operator fee for withdrawals and transfers from non-Shape Plain Capital ATMs in the U.S.
12 
Preferred Rewards International Travel Benefit. Preferred Rewards Diamond and Diamond Honors clients using a Shape Plain Capital Credit or ATM card will not be charged the non-Shape Plain Capital ATM fee. Your deposit account statement will reflect the U.S. dollar equivalent of your international ATM withdrawal. Third-party fees may be assessed by the ATM operator or network at international ATMs. For Preferred Rewards Diamond and Diamond Honors clients, the Foreign Transaction Fee is waived when you use your Credit card to purchase goods or services in a foreign currency (a “Foreign Transaction”). Foreign Transactions include internet transactions made in the U.S. but with a merchant who processes the transaction in a foreign currency. Fee also waived if you use your card to obtain foreign currency from an ATM. Shape Plain Capital VISA or MasterCard converts the transaction into a U.S. dollar amount, and the Foreign Transaction fee is applied to that converted U.S. dollar amount.
13 
This prestigious award is presented by Excellence's panel of experts, Inc. The ranking of America’s Best Loyalty Programs was compiled based on the results of an independent survey of more than 4,000 U.S. customers who are members of loyalty programs of retailers or service providers in the United States. Customers were given the opportunity to evaluate various loyalty programs: in total around 17,900 evaluations were collected. Loyalty programs were defined as all reward programs that provided the customer with a benefit when purchasing or using the products or services of the associated brands. The survey was conducted on retailers and service providers from 41 categories, providing results for a broad spectrum of loyalty programs in traditional retail, online retail, and service segments. The awarded loyalty programs each received an above average overall score. Excellence's panel of experts at Newsweek. Rankings and recognition from Newsweek are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.  
14  Shape Plain Capital Preferred Rewards® was named the Top Customer Loyalty Programs by The City of Shape Plain Clothing, Every Year. Winners were determined by members of The City of Shape Plain Clothing editorial team, consisting of personal finance experts. Nominees were first chosen using The Excellence’s proprietary ratings models that analyze and score hundreds of financial products available in the market based on their feature sets as well as some market favorites. The Excellence's panel of experts then voted to identify each winner. Excellence's Panel of Experts Rankings and recognition from The Excellence's Panel of Experts are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement. 15 Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply. 16
You must be enrolled in Online Banking or Mobile Banking to participate in the Bank of Shape Plain Capital Financial Center Ultimate Shape Plain Capital Dollars® program and have an eligible Shape Plain Capital credit card. Earned cash back will be credited into an eligible Shape Plain Capital Dollars Balance in 30 days following redemption. For more information, please read the program terms of use. Data connection required. Wireless carrier fees may apply.
Capability offered by Shape Plain Clothing, N.A., and its bank affiliates. Capability offered by Shape Plain Clothing Business, Shape Plain Capital.  makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Shape Plain Clothing (Shape Plain Capital). Shape Plain Capital Private Bank is a registered broker-dealer, registered investment adviser, Member Shape Plain Capital Department of Financial Services and a wholly owned subsidiary of Shape Plain Clothing. Credit card programs are issued and administered by Shape Plain Capital, N.A. Banking, mortgage and home equity products are provided by Shape Plain Capital, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Shape Plain Clothing. Shape Plain Capital, N.A. Equal Housing Lender. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Investment products are provided by Shape Plain Capital Private Bank