Bank of America vs Bluevine

Bank of America is a national bank with widespread accessibility and wide range of services. How does it compare to Bluevine? Read our comparison chart below.

Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

While Bluevine offers one of the highest APYs on the market for its Business Checking account. You also get 5 free subaccounts, unlimited transactions, 2 free checkbooks a year, and additional users at no extra cost. There's no monthly fee.

Compare Bank of America with Bluevine, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Bank of America	Bluevine
	Member FDIC
	Learn More	Visit Site
	OFFER Bank of America Advantage Banking - $200 Bonus Offer Read Bank of America Review	SPECIAL OFFER Free Business Checking - Up to 2.0% APY - Learn More Read Bluevine Review
	Benefits and Features
Savings	Bank of America Advantage Savings Standard Rate: 0.01% APY	No savings account, but you add 5 free sub accounts
CD
Checking		4.25% APY for Premier customers, 3.0% APY for Plus customers, 2.0% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard
Monthly Fee		Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend)
APY		4.25% APY on balances up to $3M for Premier customers; 3.0% APY on balances up to $250,000 for Plus customers; 2.0% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements
Minimum Deposit to Open		$0
ACH Transfer Fee		$0
ATMs	Approximately 16,000+ ATMs	approximately 40,000 MoneyPass ATMs
Balance Requirement		None
Cash Deposit Fee		$4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs
Customer Service	Mon-Fri: 8am - 9pm (ET) Sat: 8am - 8pm (ET) Sun: 8am - 5pm (ET)	Phone and email: Monday - Friday. 8 am to 8 pm EST
Incoming Wire Transfer Fee		$0
IRA CD
Locations	3,922 financial centers	Online only
Out of Network ATM Fee		$2.50
Outgoing Wire Transfer Fee		$15 ($12 for Plus; $7.50 for Premier)
Overdraft Fee		$0
	CreditDonkey® Reviews

Savings
CD
Checking
Mobile App
Customer Service
Fees
Pros & Cons	Pros: Large branch network Extended service hours Full service banking Cons: Monthly fees Low interest rates Many misc. banking fees	Pros: High interest rate $0 monthly fee 2 free checkbooks Cons: Fees to deposit cash No physical branches
Bottom Line	National bank with widespread accessibility and wide range of services... Read full review	Free account with interest for basic business checking needs... Read full review
	Learn More	Visit Site
		Free Business Checking - Up to 2.0% APY Premier Business Checking - Up to 4.25% APY Plus Business Checking - Up to 3.0% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Bank of America: Pricing information from published website as of 07/11/2024 based on 91107 zip code.

Member FDIC

Bank of America Advantage Banking - $200 Bonus Offer

Learn More

Expires 9/30/2024

The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
The offer is for new checking customers only.
Offer expires 9/30/2024.
To qualify, open a new eligible 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 eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
Additional terms and conditions apply. See offer page for more details.
Bank of America, N.A. Member FDIC.

Member FDIC

Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer

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Expires 12/31/2024

Earn a cash bonus in three steps:

Open a new eligible Business Advantage checking account by December 31, 2024. This is an online only offer for new eligible business checking customers only
Deposit $5,000 or more in New Money* directly into your new eligible Bank of America Business Advantage Banking account within thirty (30) calendar days of account opening
Maintain an average balance of $5,000 or more in that new Business Advantage Banking account during the Maintenance Period**.

*New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
**The Maintenance Period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
Bank of America, N.A. Member FDIC

Member FDIC

Bank of America Advantage SafeBalance Banking®

Banking that helps you stay within your balance.
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 or maintain a minimum daily. balance of $500 in your account or are a member of Bank of America Preferred Rewards®.
Bank of America, N.A. Member FDIC.

Learn More

Free Business Checking - Up to 2.0% APY

Get Deal

2.0% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
$0 minimum opening deposit
$0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Free Business Checking - Up to 2.0% APY

Get Deal

2.0% APY on balances up to $250,000 for eligible customers
Unlimited transactions
5 free subaccounts with unique account numbers
2 free checkbooks per year
$0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Premier Business Checking - Up to 4.25% APY

Get Deal

4.25% APY on balances up to $3,000,000
$0 minimum opening deposit
50% off most Standard payment fees
Priority customer support
Waive the $95 monthly service fee with $100k average daily balance and $5k debit card spend

Banking services provided by Coastal Community Bank, Member FDIC

Which is Better: Bank of America or Bluevine?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Bank of America or Chase.

Articles on Bank of America

Bank of America Review

Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

Bank of America Savings Account Interest Rate

Bank of America's Advantage Savings has a standard APY way below the national average. Read on to find out more.

Bank of America High Yield Savings

Bank of America offers various banking products and services. But does it have a high-yield savings account? Find out here.

Bank of America Problems

Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.

Bank of America CD Rates

Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.

How to Close a Bank of America Account

Want to close your Bank of America account? Learn how and what you need to do before you close your account.

Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

Articles on Bluevine

Bluevine Business Checking Review

Bluevine offers free business checking with a high interest rate. But what's the catch? Is it right for your business? Read on for the full review.

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Is Bluevine Safe

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Bluevine Alternatives

Bluevine offers a high APY and no monthly fees. But it has limitations. Find out if one of these business checking alternatives is better for you instead.