Bank of America Merchant Services Employee Benefits and Perks | Glassdoor

Bank of America Merchant Services Benefits

Location: US
55 Ratings

Employer Summary

Employer Benefits Image

At Bank of America Merchant Services, we provide our employees a platform for success by offering a comprehensive benefits program with flexible options designed to help them meet their individual and family needs.

We also offer our employees and their families an array of valuable services and resources to help maximize their quality of life.

Financial Rewards
  • Competitive total compensation
  • 401(k) savings plan with company matching contributions
  • Health and dependent care spending accounts
  • Commuter benefits in select locations
  • Employee discount program (travel, attractions, technology, automotive, gifts and much more)
Health and Wellness
  • Medical insurance, including prescription drug and vision care
  • Dental insurance
  • Disability insurance
  • Critial illness, accident and hospital indemnity insurance
  • Life and Accidental Death & Dismemberment (AD&D) insurance for employees and family members
  • Employee Assistance Program
Education and Training
  • On-the-job-training
  • Online development tools
  • Specialized training programs for sales and customer service roles
Time off
  • Holidays
  • Paid vacation and sick days
  • Volunteer time
Corporate Responsibility

Bank of America Merchant Services is committed to giving back to the communities where we live and work. Our employees receive up to eight hours of paid time off each month to volunteer for non-profit organizations, such as public and private schools, shelters, food banks, and mentoring programs.

Employee Benefit Reviews

Showing 1–10 of 55 comments

Most Commented

  • Aug 15, 2019
    StarStarStarStarStar Current Employee in Atlanta, Georgia

    Good benefits package with health, 401k, vacation as well as dental and eye care options, and added value options, as well.

  • Mar 17, 2019
    StarStarStarStarStar Current Employee in Spokane, Washington State

    Good 401k match and solid overall benefits. 12 months paid maternity/paternity leave.

  • Mar 12, 2019
    StarStarStarStarStar Former Employee in Dallas, Texas

    Good benefits, and this could improve with the Fiserv news!

  • Mar 05, 2019
    StarStarStarStarStar Current Employee in Charlotte, North Carolina

    a competitive benefit plan is offered

  • Dec 28, 2018
    StarStarStarStarStar Former Employee in Spokane, Washington State

    Bank of America Merchant Services has very good benefits, they include PTO, 401K, Medical, Dental, Vision

  • Sep 21, 2018
    StarStarStarStarStar Current AVP,Inside Sales Specialist-Client Managed in Dallas, Texas

    Pros: 401K match up to 4.5%, including commissions. Health Insurance is affordable. All major banking holidays off, 10 days vacation to start, 10 sick days paid, paid volunteer time. Cons: Health insurance provider is not the best. 401K options are limited.

  • Oct 18, 2018
    StarStarStarStarStar Current ISB in Coral Springs, Florida

    Good 401K until you see most of the ML accounts lost money in 2018. How is that possible.

  • Sep 21, 2018
    StarStarStarStarStar Current Employee in Philadelphia, Pennsylvania

    Ok health benefits, not as comprehensive as Bank of America. 4% 401K match

  • May 12, 2018
    StarStarStarStarStar Current Global Product Manager in Charlotte, North Carolina

    Best - 4.5% 401k match, great investment options Worst - Health care options are decent, company pays a fair amount, but the deductibles are high

  • Apr 19, 2018
    StarStarStarStarStar Former AVP Merchant Specialist in Newport Beach, California

    The best benefit is being able to build residual income fairly quickly, if you work hard and put in the extra hours to exceed the monthly goals.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

  • Diversity Program
  • CheckmarkJob Training (10)
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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