Investments

Choose from two comprehensive ways to manage your everyday finances. The account you prefer and the service you expect.

Smart Money Management Begins – and Ends – at Merrill Lynch

A key factor in achieving your long-term financial goals is your ability to successfully manage your money on an everyday basis. It should come as no surprise that to find all of the day-to-day cash-management solutions that work best with your long-term investment strategies, you need look no further than Merrill Lynch, a leader in planning-based financial advice and management. The Merrill Lynch Beyond Banking^® or CMA Plus^® Account provides a strong foundation for you and your Financial Advisor to craft a plan for generating and managing the cash you need to achieve your long-term goals and objectives.

With Merrill Lynch's integrated suite of products, you'll simplify the complexities of your daily income planning and cash management, spend less time managing your finances and save on fees and service charges. Best of all, you’ll enjoy peace of mind with the freedom, choices and rewards you can receive, enabling you to focus on living the life you want.

The choice is yours

One simplified application process sets you up with an entire suite of money management products. You'll immediately take advantage of many account features including, but not limited to, check writing, direct deposit, online Web Bill Pay, fee-refunded ATM transactions and a host of other time-saving features. For immediate access to your funds from over one million locations worldwide, you can also choose to receive the exclusive Visa^® Signature Rewards^® debit card. Its rich rewards program enables you to earn and redeem points for flexible travel awards, top brand name products and additional privileges and services that help keep your money working for you.

Simply select the Merrill Lynch account that's best for you: the Beyond Banking Account or the CMA Account with the CMA Plus Package. By choosing Merrill Lynch, you have chosen a strategy that will help you make the most of your money.

The Beyond Banking Account

Designed as a companion to a CMA or retirement account, a Beyond Banking account allows you to keep everyday transactions separate from your long-term investments.

The CMA Account with the CMA Plus Package

Do you prefer a single, all-inclusive account for both your long-term investments and everyday finances? The CMA Plus package provides the opportunity to engage in everyday cash management services through your CMA account without any additional fees.

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Tools

Beyond Banking

Account Features

Direct Deposit Service
Fee-Refunded ATM withdrawals
Funds Transfer Service
MERRILL+^® Visa^® Credit Card
No-Fee Check Writing
Web Bill Pay
Short-term Savings Products
Merrill Lynch Access^® Card
Visa^® Signature Rewards^® Card
Automatic Cash Sweep

Disclosures

Beyond Banking and CMA accounts are securities accounts with Merrill Lynch, Pierce, Fenner & Smith Incorporated. The accounts provide access to services and products offered by licensed banks, including checking and FDIC-insured deposits that are held at the banks. Securities, mutual funds and other non-deposit investment products available through the accounts are not FDIC-insured, not guaranteed by a bank and may lose value.

There is no monthly account fee for Beyond Banking and CMA Plus, providing one of the following requirements is met:

a) The account, together with eligible accounts linked through our statement link service, has assets equal to $100,000 or more, as valued by the prior month's statement. Any outstanding mortgage and home equity line/loan balances with Merrill Lynch Credit Corporation will be treated as "assets" and will be added to the asset total; or
b) The account itself has an Average Deposit Balance in the Merrill Lynch bank deposit program of $5,000 or more, as valued by the previous month's statement. The Average Deposit Balance is calculated by aggregating all daily Merrill Lynch bank deposit program balances from the first day in the prior month's statement period to the last day of the prior month's statement period, divided by the number of days in the prior month’s statement period. Other cash or money account balances, such as the CMA Money Funds, do not count toward this calculation. If either requirement (a) or (b) is not met, a $15 per month fee will apply. Establishment and maintenance of a Merrill Lynch CMA or retirement account and payment of the annual or custodial fee is required to maintain a Beyond Banking account.
Additional Beyond Banking accounts linked to the same CMA or retirement account will incur an annual fee of $75 (in addition to the Beyond Banking monthly fee), if applicable.There is an annual $125 fee for the CMA account enrolled in the CMA Plus service. This is in addition to the monthly fee, if applicable.We may terminate your enrollment in CMA Plus without notice if you are not incurring the monthly fee but we determine, in our sole discretion, that you are not receiving the benefits of CMA Plus. Please note this termination will also terminate your enrollment in our electronic bill payment service.

The Merrill Lynch Visa Signature Rewards card is an optional feature of the Beyond Banking or CMA account and has an annual fee of $95. Signature Rewards terms and conditions apply. For more information on rates and fees, refer to card.ml.com. Benefits are subject to card usage, availability and other significant restrictions. See Program Rules at card.ml.com or speak with your Financial Advisor.

Refunds of up to $200 per year. Merrill Lynch will charge $1 per ATM transaction after the first 100 transactions per calendar year. To complete some transactions, you may be required to accept an ATM operator charge. The amount of your ATM withdrawal, including the service charge and the refund of that charge, will appear on your monthly statement. Some ATM owners and operators may limit accessibility or impose limits on withdrawal amounts and frequency.

Although you may select a bank sweep program for your cash balances, deposits to a CMA or Beyond Banking account are not bank deposits.