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Bank of America vs NorthOne

Bank of America is a national bank with widespread accessibility and wide range of services. How does it compare to NorthOne? 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 NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.

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

 Bank of America
Member FDIC
NorthOne
 Learn MoreVisit Site
 

Bank of America

NorthOne

OFFER
Bank of America Advantage Banking - $200 Bonus Offer

Read Bank of America Review

SPECIAL OFFER
NorthOne Free Business Banking - Learn More

Read NorthOne Review

 

Benefits and Features

Savings
Check
No savings account, but you can create unlimited envelopes for savings goals
CD
Check
 
Checking
Check
$0 monthly fee; no balance requirements
Monthly Fee 
$0
APY 
N/A
Minimum Deposit to Open 
$50
ACH Transfer Fee 
$0
ATMs
Approximately 16,000+ ATMs
38,000+ MoneyPass ATMs
Balance Requirement 
None
Cash Deposit Fee 
$4.95
Customer Service
  • Mon-Fri: 8am - 9pm (ET)
  • Sat: 8am - 8pm (ET)
  • Sun: 8am - 5pm (ET)
Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST.
Incoming Wire Transfer Fee 
$20 for domestic wires
IRA CD
Check
 
Locations
3,922 financial centers
Online only
Out of Network ATM Fee 
Fee from ATM owner
Outgoing Wire Transfer Fee 
$20 for domestic wires
Overdraft Fee 
$0
 

CreditDonkey® Reviews

 Bank of AmericaNorthOne
SavingsStarStarEmpty StarEmpty StarEmpty Star
CDStarStarStarHalf StarEmpty Star
CheckingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Mobile AppStarStarStarStarHalf StarStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarStar
FeesStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • Large branch network
  • Extended service hours
  • Full service banking
Cons:
  • Monthly fees
  • Low interest rates
  • Many misc. banking fees
Pros:
  • No monthly fees
  • Unlimited envelopes
  • App integrations
Cons:
  • No APY
  • Cash deposit fee
Bottom LineNational bank with widespread accessibility and wide range of services... Read full reviewGood business banking features and tools with no monthly fees... Read full review
 Learn MoreVisit Site

    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 04/09/2024 based on 91107 zip code.

    NorthOne: Information sourced from the published website as of 03/05/2024.

    Bank of America
    Member FDIC

    Bank of America Advantage Banking - $200 Bonus Offer

    Expires 5/31/2024
    • 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 5/31/2024.
    • 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 bonus within 60 days.
    • Additional terms and conditions apply. See offer page for more details.
    • Bank of America, N.A. Member FDIC.
    Bank of America
    Member FDIC

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

    Expires 6/30/2024
    Earn a cash bonus in three steps:
    1. Open a new eligible business checking account by June 30, 2024
    2. Make Qualifying Deposits* of $5,000 or more in new money within 30 days of opening the new eligible business checking account
    3. Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the maintenance period**
    *Qualifying Deposits are deposits of new money, which is money not currently or previously held in any account at Bank of America or Merrill
    **The maintenance period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
    Member FDIC
    Bank of America
    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.
    NorthOne

    NorthOne Free Business Banking

    • Unlimited envelopes for all your business budgets
    • Integrations with popular accounting and payment processing apps
    • Automate your bill payments
    • $50 minimum opening deposit
    NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
    NorthOne

    NorthOne Plus Business Banking

    • Priority email/chat support
    • Dedicated relationship manager
    • Implementation and onboarding assistant
    • $0 same-day ACH payments, bill payments, and physical checks
    • Lowest transaction fees
    • $50 minimum opening deposit
    • $20 monthly fee
    NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

    Which is Better: Bank of America or NorthOne?

    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.

    In short: NorthOne's customer service is impressive.


    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.

    Does Bank of America Have a 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 NorthOne

    NorthOne

    NorthOne is a banking platform for small businesses. But is it right for you? Find out the unique features it offers and how it compares.

    Is NorthOne Safe and Legit

    NorthOne offers convenient online banking for small business owners. But is NorthOne safe and legit? Read on to find out.

    Which Do You Think is Best?





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