Personalized Banking and Credit
Complementing your U.S. Trust® relationship
Banking Solutions: Convenience and Flexibility
Checking accounts — Core deposit accounts help you coordinate and monitor your individual and business cash flows. Choose from a variety of checking solutions and services to complement your need for access and convenience:
- Premium Tiered Interest Checking1 — Can help you meet your cash management objectives while earning a competitive rate. The higher your balance, the more you can earn.2
- U.S. Trust debit card — A debit card with the Total Security Protection® package and optional Photo Security®feature available for an easy, secure way to make purchases.
- Direct deposit — Direct deposit of regular monthly income into your accounts adds convenience, accelerates the availability of cash and enhances security.
Savings accounts — We offer savings vehicles that are designed to pay competitive rates of interest on funds you have not committed to your investment portfolios. Solutions include certificates of deposit, which offer an attractive return for a certain term, and money market savings, which offer liquidity and a variable rate with higher rates paid for higher balance tiers.
Overdraft Protection — An optional service that links your Premium Tiered Interest Checking account to another Bank of America® account, such as a secondary checking account, savings account, credit card account or home equity line of credit where available, and automatically transfers available funds to cover your transaction amount.3
Banking Benefits that Reward You for Your Financial Relationship
As a U.S. Trust client, you can enjoy banking benefits that include waivers and discounts on many day-to-day cash management services, such as ATM and wire transfer fees.
Please contact your advisor to learn more about the banking benefits available to you.
Credit Solutions: Financing Flexibility for Both Simple Purchases and Complex Goals
Mortgage — Residential real estate can play an important part of your overall strategy to build and manage wealth. In addition to meeting your residential real estate needs, the right mortgage can be pivotal in estate planning, as well as factoring in or preparing for rising interest rates. Your advisor will work with you to offer solutions that complement your unique circumstances.
Home equity lines of credit — This credit tool can be used to help manage your liquidity needs and may also offer the advantage of tax-deductible interest.4
Bank of America Accolades® American Express® Card5 — U.S. Trust provides exclusive access to the Bank of America Accolades American Express Card. This card, which has been specifically designed for our clients, offers a unique combination of rewards, benefits and Concierge service.
Private Client Line6 — A flexible line of credit, secured by your investment management accounts at U.S. Trust. The Private Client Line is designed to help you meet liquidity needs and enhance your cash flow without depleting cash reserves or compromising your investment strategy.
Custom credit — Your U.S. Trust advisor can focus on both sides of your balance sheet and can advise you on credit as well as investment strategies. Your advisor can work with credit specialists to design credit solutions using different types of assets as collateral customized to your liquidity needs, long-term objectives and tax situation.
ATM, ONLINE and MOBILE SERVICES
ATMs and banking centers — Access thousands of Bank of America ATMs and banking centers for your banking needs.
Online Banking — Bank quickly and securely online 24/7 to view balances, pay bills, transfer money between your accounts or to others,7 set alerts to monitor account activity,8 and more.
Mobile Banking9 — With the Bank of America Mobile Banking App available for the most popular smartphones and tablets, you can check balances and stay on top of important account activity with Mobile App alerts, transfer funds, pay bills and locate ATMs and banking centers. Plus, you can securely deposit checks10 right away and send money to almost anyone simply by using a mobile number or email address; you don't need to know where they bank or their account number.11
For more information on any U.S. Trust capability, please contact your advisor.
1 Checking account name is Bank of America Advantage® with Premium Tiered Interest Checking.
2 Premium Tiered Interest Checking is a variable rate account. Fees may reduce earnings. Please consult your advisor for other account fees, rates and information.
3 If you enroll in Overdraft Protection with a linked savings account, secondary checking account or Home Equity Line of Credit, there is no overdraft transfer fee. Please see your Personal Schedule of Fees for details. If you enroll in Overdraft Protection with your credit card, overdraft transfers will be Bank Cash Advances under your Credit Card Agreement and will accrue interest at the APR stated in your Credit Card Agreement. A fee may apply to each transfer. Please refer to your Credit Card Agreement for additional details.
4 Consult your tax advisor regarding interest deductibility.
5 For information about the rates, fees, other costs and benefits associated with the use of this card or to apply, please contact your advisor. This credit card program is issued and administered by FIA Card Services, N.A.
6 The Private Client Line is offered by U.S. Trust and not by or through Merrill Lynch, Pierce, Fenner & Smith Incorporated. Credit is subject to approval. Normal credit standards apply.
7 Fees may apply to wires and certain transfers. See the Online Banking Service agreement at www.bankofamerica.com/serviceagreement for details.
8 Alerts received as text messages on your mobile access device may incur a charge from your mobile access service provider. Mobile App alerts are not available on BlackBerry® and Kindle Fire™.
9 To access Online or Mobile Banking, you must enroll in the service. Once enrolled, the same Online ID and passcode can be used to access both Online and Mobile Banking. View the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement for more information about both Mobile and Online Banking. Wireless carrier fees may apply. Enrollment is not available through the Mobile App on all devices.
10 You must first download the Mobile App and accept terms and conditions. Deposits are subject to verification and are not available for immediate withdrawal. Restrictions apply. Click the "More" button in the App, select "Help" and then "Mobile Check Deposit" for details, including information on funds availability, deposit limits and proper disposal of checks, and to see the full terms and conditions. Wireless carrier fees may apply. Requires at least a 2-megapixel camera. This feature is not available on the Mobile Website. Not currently available on Amazon® Kindle Fire™ or BlackBerry® devices.
11 Requires enrollment in the service. Email and Mobile Transfers must be made from a Bank of America consumer checking or savings account to a U.S.-based bank account. Recipients have 14 days to register to receive money or transfer will be canceled. Dollar and frequency limits apply. See the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement for details, including cut-off and delivery times. Wireless carrier charges may apply.
Some accounts, services, and fees vary from state to state. Please review the Personal Schedule of Fees for your state, available at www.bankofamerica.com/feesataglance and your local Banking Center.