NorthOne vs Bank of America
NorthOne is a good business banking features and tools if you're okay with paying a monthly fee . How does it compare to Bank of America? Read our comparison chart below.
NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, unlimited transactions, invoice maker, and app integrations. But there is a $10 monthly fee with no options to waive.
While 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.
Compare NorthOne with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
NorthOne | Bank of America | |
|---|---|---|
Get 3 months of free business banking - | Bank of America Business Advantage Checking Account - $200 Bonus Offer - | |
Benefits and Features | ||
| Savings | No savings account, but you can create unlimited envelopes for savings goals |  |
| CD | | |
| Checking | $10 monthly fee (cannot be wavied); no balance requirements | |
| APY | ||
| Customer Service | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. |
|
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | ||
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| IRA CD | | |
| Locations | Approximately 3,900 retail financial centers | |
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
CreditDonkey® Reviews | ||
| | |
| Checking |   | |
| Customer Service | | |
| Mobile App | |  |
| Fees | | |
| Savings | | |
| CD | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good business banking features and tools if you're okay with paying a monthly fee... | National bank with widespread accessibility and wide range of services... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. NorthOne: Information sourced from the published website as of 11/15/2023. Bank of America: Pricing information from published website as of 12/05/2023 based on 91107 zip code. | ||
Get 3 months of free business banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Free invoice maker
Get 1 month of free business banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Free invoice maker
Business Referral Program - $50 Bonus
Earn $50 for every referral who successfully opens a qualifying business account, and completes all qualifying requirements. Referred clients will get $50 in bonus.
Bank of America Business Advantage Checking Account - $200 Bonus Offer
- Open a new eligible business checking account by June 30, 2024
- Make Qualifying Deposits* of $5,000 or more in new money within 30 days of opening the new eligible business checking account
- Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the maintenance period**
**The maintenance period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
Member FDIC
Business Advantage Fundamentals™ Banking
- No fee for first 200 transactions per statement cycle
- No fee for first $7,500 in cash deposited per statement cycle
- Waive the $16 monthly fee in a variety of ways
Business Advantage Relationship Banking
- No fee for first 500 transactions per statement cycle
- No fee for first $20,000 in cash deposited per statement cycle
- Waive the $29.95 monthly fee by maintaining a $15,000 combined average monthly balance
Which is Better: NorthOne or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing NorthOne or Chase.
In short: NorthOne's customer service is impressive.
Articles on NorthOne
NorthOne
Is NorthOne Safe and Legit
Articles on Bank of America
Bank of America Review
Bank of America CD Rates
How to Close a Bank of America Account
Bank of America Hours
Bank of America Routing Number
Which Do You Think is Best?
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