Discover the most recent deals and monetary bonuses available for Bank of America Advantage Banking on this page. At present, by creating a new account and establishing direct deposit, you can receive a bonus of $100. Check out the offer particulars provided below.
Update 11/22/2022: This offer will end on 6/30/2023
Bank of America is among the biggest banks in the country, boasting numerous ATMs and Financial Centers, and they excel at providing exclusive banking incentives to attract new customers.
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Bank Of America $100 Bonus Offer For Advantage Banking
- What you’ll get: $100 bonus offer
- How to earn it:
- To qualify for the $100 bonus offer, you must open the account through Bank of America’s promotional page, which is exclusively available online.
- This offer is exclusively available for customers who are new to checking accounts with Bank of America.
- Expires on 6/30/2023
- To be eligible for the offer, you need to create an account via the promotional page and arrange for qualifying direct deposits of $1000 or more to be deposited into the account within 90 days of opening.
- Bank of America aims to credit the bonus within 60 days.
- Further terms and conditions are applicable. Please refer to the offer page for additional information.
Account Features
Bank of America Advantage SafeBalance Banking®
Minimum opening Amount: $25
Monthly Maintenance Fee: The fee of $4.95 or $0 may be waived for individuals who are under 25 or are enrolled in preferred rewards, such as students.
APY: N/A
- Advantage Banking is a single account that comprises three settings, one of which is Advantage SafeBalance Banking.
- Banking that enables you to remain within your balance.
- This account sets offers checkless banking with versatile payment options, including payment through a debit card, Mobile, or Online banking. Additionally, this setting does not allow paper check writing.
- Obtain assistance with spending solely the money that you have at your disposal.
- No overdraft fees
- Students who are under 25 years of age and are enrolled in school or an educational or vocational program are exempt from the monthly maintenance fee.
Bank of America Advantage Plus Banking®
Minimum opening Amount: $100
Monthly Maintenance Fee: The fee of $12 or $0 may be waived if you are enrolled in Preferred Rewards or if you have a minimum of one qualifying direct deposit of $250 or more, or if you maintain a minimum daily balance of at least $1,500 every statement cycle.
APY: N/A
- Advantage Banking comprises three account settings, one of which is Advantage Plus Banking.
- You have the option to select from various methods to waive the monthly maintenance fee.
- You can make payments using a debit card, Mobile and Online banking, or paper checks (if bought).
- You have the option to include Balance Connect® for safeguarding against overdraft.
- In the absence of Balance Connect®, the overdraft fee is $10 for each item, up to a maximum of two items per day.
Bank of America Advantage Relationship Banking®
Minimum opening Amount: $100
Monthly Maintenance Fee: The fee charged is $25, but it may be waived if you maintain a combined balance of at least $10,000 across eligible linked accounts during each statement cycle or if you are enrolled in Preferred Rewards. In such cases, the fee will be $0.
APY: 0.01-0.02%
- Advantage Banking comprises three different account settings, and Advantage Relationship Banking is one of them.
- For higher balances, you can enjoy benefits such as fee waivers and interest.
- By maintaining a balance, you have the opportunity to earn interest on your account.
- select services including:
- Additional checking or savings accounts
- Standard check purchases
- Incoming domestic wires
- You have the option of including Balance Connect® to protect against overdrafts.
- If Balance Connect® is not added, the overdraft fee is $10 per item, up to a maximum of two items per day.
About Advantage Banking
- Bank of America Advantage Banking offers a checking account with three distinct settings.
- Choose the one that suits you best, and if your circumstances change, you can switch to another setting.
- You can enjoy round-the-clock security with Total Security Protection® and fraud monitoring, along with secure sign-in, card locking features, and more.
- You can easily access your account at any time by visiting one of our many financial centers or ATMs.
- Bank of America provides you with smart money management tools, including the ability to set custom alerts and savings goals. You can also receive cashback deals and rewards customized to your preferences.
- We offer you convenient ways to pay, such as using your debit card or a digital wallet.
- Our debit card controls allow you to quickly and easily lock your misplaced card to prevent any unauthorized use.
- Our $0 Liability Guarantee ensures that you are not held responsible for any unauthorized transactions made using your consumer debit card, provided that you report them promptly.
- Stay informed and take action quickly with custom alerts that can be sent to your email or phone via text message. Set alerts for important changes to your account, such as low balances, pending deposits, upcoming bills, and more.
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