Filed under Rule 424(b)(3), Registration Statement No. 333-175599
Pricing Supplement No. 1 — dated Monday, July 25, 2011 (To: Prospectus Dated July 15, 2011)
                                                                             
 
  CUSIP     Aggregate     Price to     Gross     Net     Coupon     Coupon     Coupon     Maturity     1st Coupon     1st Coupon     Survivor’s     Product  
  Number     Principal Amount     Public     Concession     Proceeds     Type     Rate     Frequency     Date     Date     Amount     Option     Ranking  
 
                                                                             
  06050WEV3     [$]     100.000%     2.000%     [$]     FIXED     5.150% (per annum)     SEMI-ANNUAL     8/15/2023     2/15/2012     $27.32     YES     Senior
Unsecured
Notes		  
  Redemption Information: Non-Callable  
                                                                             
                                                                             
  Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC      Agents: Citi, Morgan Stanley, UBS Investment Bank, Wells Fargo Advisors, LLC  
 
        Offering Dates: Monday, July 25, 2011 through Monday, August 1, 2011     Bank of America InterNotes  
        Trade Date: Monday, August 1, 2011 @ 12:00 PM ET     Prospectus dated 7-15-11  
        Settlement Date: Thursday, August 4, 2011        
        Minimum Denomination/Increments: $1,000.00/$1,000.00        
  (BOA LOGO)
Bank of America		     Initial trades settle flat and clear SDFS: DTC Book Entry only
DTC Number 0235 via RBC Dain Rauscher Inc. 		     
                                                                             
        If the maturity date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.      
                                                                             
        InterNotes® is a registered trademark of Incapital Holdings LLC. All Rights Reserved.