Bank of America is one of the largest banking institutions in the United States.
Founded in 1904, it now serves over 67 million consumer and small business clients around the world. The company offers a wide range of product and services, such as checking and savings accounts, investments, mortgages, loans, and access to global banking and financial markets.
$200 Bonus Offer
Bank of America is currently running a $200 bonus offer for their Bank of America Advantage Banking account. See offer page for more details.
Note: The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
The offer expires 05/31/2024 and is for new checking customers only.
To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits
totaling $2,000 or more into that new account within 90 days of opening. Bank of America will attempt to pay the bonus within 60 days.
Additional terms and conditions apply. Bank of America, N.A. Member FDIC.
You are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last twelve (12) months. Requires offer code: TWT200CIS
About Bank of America Advantage Banking
Bank of America Advantage Banking is a checking account with 3 product offerings – Bank of America Advantage SafeBalance Banking®, Bank of America Advantage Plus Banking ®, and Bank of America Advantage Relationship Banking®.
Bank of America Advantage SafeBalance Banking®
With an Advantage SafeBalance Banking account, there are no overdraft fees, because any debit card charges that might put your account into the negative will be automatically declined. And since checks are often the culprit when it comes to overdraft fees, you cannot write checks with this account.
There’s a minimum opening deposit of $25 and a $4.95 monthly maintenance fee. There will be no monthly maintenance fee each statement cycle when you meet one of the following: an owner of this account is under the age of 25, maintain a minimum daily balance of $500 in your account or are a member of Bank of America Preferred Rewards®.
Bank of America Advantage Plus Banking®
Bank of America Advantage Plus Banking® is the company’s most popular checking account. You can write paper checks and set up overdraft protection with a linked savings account if you have one.
The Advantage Plus account has a minimum opening deposit of $100 and a $12 monthly maintenance fee. There will be no monthly maintenance fee each statement cycle when you meet one of the following: have at least one qualifying direct deposit of $250 or more or maintain a minimum daily balance of $1,500 in your account or are a member of Bank of America Preferred Rewards®.
As with the Advantage SafeBalance account, students enrolled in high school, college, university, or vocational school can also qualify for no monthly maintenance fee.
Bank of America Advantage Relationship Banking®
Bank of America Advantage Relationship Banking® is an interest-earning checking account that’s designed for people who are able to maintain higher account balances.
Account-holders can write checks, earn interest on deposits, and you can also set up overdraft protection.
To open an account, you need to deposit at least $100, and there’s a monthly maintenance fee of $25. There will be no monthly maintenance fee each statement cycle when you meet one of the following: maintain a minimum daily balance of at least $20,000 in your Advantage Relationship Banking account or a member of Bank of America Preferred Rewards®.
