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Bank of America Promotions

Bank of America is currently offering four promotions. Read our in-depth review of Bank of America to see why Bank of America scored 3.2 stars out of 5. We like their national availability, extended customer service hours, and full service bank.

If you're looking for bank promotions, you must check out these offers.

$100

Advantage Plus Banking Checking Account - $100 Bonus

Open a new Bank of America Advantage Plus Banking checking account by February 28, 2019. Account must be opened online using the link on the offer page. Minimum opening deposit is $100. Set up and receive at least 2 qualifying deposits of $250 or more each to your new checking account within 90 days of account opening. The $100 cash bonus will be deposited into your account within 60 days of completing all requirements.

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Expires 2/28/2019

$100

Advantage Relationship Banking Checking Account - $100 Bonus

Open a new Bank of America Advantage Relationship Banking checking account by February 28, 2019. Account must be opened online using the link on the offer page. Minimum opening deposit is $100. Set up and receive at least 2 qualifying direct deposits of $250 or more each to your new checking account within 90 days of account opening. The $100 cash bonus will be deposited into your account within 60 days of completing all requirements.

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Expires 2/28/2019

$100

Advantage SafeBalance Banking Checking Account - $100 Bonus

Open a new Bank of America Advantage SafeBalance Banking checking account by February 28, 2019. Account must be opened online using link on the offer page. Minimum opening deposit is $25. Set up and receive at least 2 qualifying direct deposits of $250 or more each to your new checking account within 90 days of account opening. The $100 cash bonus will be deposited into your new account within 60 days of completing all requirements.

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Expires 2/28/2019

Free Merrill Edge Trades

Get 30 free stock and ETF trades a month at Merrill Edge, if you have reached Platinum status by maintaining $50,000 combined balance in your Bank of America® banking and/or Merrill Edge® and Merrill Lynch® investment accounts.

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Bank of America Personal Checking Accounts

Bank of America offers one checking account with 3 settings. If your financial situation changes, you can switch to the setting that works best for you.

Advantage SafeBalance: This setting has no overdraft fees - you can only spend what you have. There are no paper checks. The $4.95 monthly fee can be waived if you are a student under 24, or if you are enrolled in Preferred Rewards. The minimum opening deposit is $25.
Advantage Plus Banking: The $12 monthly service fee can be waived if you: maintain a balance of $1,500, OR have one direct deposit of at least $250 each month, OR be a student under 24. This account allows you to enroll in overdraft protection. The minimum opening deposit for this setting is $100.
Advantage Relationship Banking: The $25 monthly service fee can be waived if you maintain an average balance of $10,000 in your combined Bank of America deposit accounts and Merrill Edge/Merrill Lynch investment accounts. The minimum opening deposit is $100.

Both accounts come with free mobile banking, mobile check deposit, and alert. They also come with a debit lock/unlock feature. If you've misplaced your debit card and need time to find it, you can just lock it on the mobile app. And then unlock it after you've found your card.

Bank of America Business Checking Accounts

Bank of America also offers 2 different business accounts:

Business Fundamentals®: This is the basic business account ideal for small businesses just starting out. There is a monthly maintenance fee, but you can get it waived if you do ONE of the following: spend at least $250 in purchases on your business debit or credit card, maintain an average monthly balance of $5,000, maintain a daily balance of $3000, OR maintain a combined balance of $15,000 across all your linked BofA accounts, OR qualify and enroll in the Business Advantage Relationship Rewards program.
Business Advantage: This account is better for more established small businesses able to maintain a higher balance. The monthly maintenance fee is $29.95/mo, but you can get it waived if you do ONE of the following: spend at least $2,500 in purchases on your business credit card, maintain a monthly balance of $15,000, maintain a combined balance of $35,000 across all your linked BofA accounts, OR actively use BofA Merchant Services and Payroll Services.

You also get a second Business Advantage checking account for no maintenance fee. And you get free domestic and international incoming wire transfers.

Get the Most Out of Your Bank of America Checking Accounts

Get more benefits with Bank of America Preferred Rewards: This program rewards you more as you maintain a higher balance in your combined BofA checking account and/or Merrill Edge® and Merrill Lynch® investment accounts. Here are the different tiers and benefits you get:
- Gold level: Need a combined balance of $20,000. You get a 5% interest rate booster on a Rewards Money Market Savings account, and a 25% bonus on eligible credit cards rewards.
- Platinum level: Need a combined balance of $50,000. You get a 10% interest rate booster on a Rewards Money Market Savings account, a 50% bonus on eligible credit cards rewards, 1 free ATM transaction per month from non-BofA ATMs, and 30 free stock and ETF trades per month with a Merrill Edge investment account.
- Platinum Honors level: Need a combined balance of $100,000. You get a 20% interest rate booster on a Rewards Money Market Savings account, a 75% bonus on eligible credit cards rewards, unlimited free ATM transactions from non-BofA ATMs, and 100 free stock and ETF trades per month with a Merrill Edge investment account.
Look for cash back deals: Bank of America has BankAmeriDeals that can earn you extra cash back at stores, restaurants, and hotels. All you have to do is sign in to your mobile or online banking, search through the deals, and activate the ones you like. Then when you make a purchase there, use your eligible BofA credit or debit card. You'll automatically get the cash back activated at the end of the next month.

In-Depth Review

Highlights

Savings
0.03% APY (up to 0.06% if enrolled in Preferred Rewards). $8 monthly maintenance fee, unless you have 1) daily balance of $500, 2) are a Bank of America Preferred Rewards Client, or 3) link your Rewards Savings Account to your Interest Checking Account. Minimum deposit of $100.

CD
Standard Term CD: 0.03% - 1.0% APY. Terms of 28 days to 10 years. Minimum deposit of $1,000. Featured CD: 0.07% - 1.65% APY. Terms of 12, 13, and 25 months. Minimum deposit of $10,000.

Customer Service
Mon-Fri 8am - 11pm(ET)
Sat-Sun 8am - 8pm (ET)

ATMs
Approximately 15,900 ATMs around the country.

IRA CD
Standard Term IRA CD: 0.03% - 1.0% APY. Terms of 6 months to 10 years. Minimum deposit of $1,000. Featured IRA CD: 0.07% - 1.65% APY. Terms of 12, 13, and 25 months. Minimum deposit of $2,000.

Locations
4600 retail financial centres around the country and brances in more than 40 other countries.

Pricing information from published website as of 11/28/2018

	Bank of America	Wells Fargo


	Benefits and Features
Savings	0.03% APY (up to 0.06% if enrolled in Preferred Rewards). $8 monthly maintenance fee, unless you have 1) daily balance of $500, 2) are a Bank of America Preferred Rewards Client, or 3) link your Rewards Savings Account to your Interest Checking Account. Minimum deposit of $100.	0.01% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, or are under the age of 18.
CD	Standard Term CD: 0.03% - 1.0% APY. Terms of 28 days to 10 years. Minimum deposit of $1,000. Featured CD: 0.07% - 1.65% APY. Terms of 12, 13, and 25 months. Minimum deposit of $10,000.	0.05% - 2.80% APY. Terms ranging from 3 months - 58 months. Minimum opening deposit of $2500 or $5000, depending on account.
Money Market		Also known as the Platinum Savings Account. 0.01% - 0.1% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3500. Bonus APY requires account link to Portfolio by Wells Fargo® relationship.
Customer Service	Mon-Fri 8am - 11pm(ET) Sat-Sun 8am - 8pm (ET)	Available 24 hours a day, 7 days a week.
ATMs	Approximately 15,900 ATMs around the country.	More than 13,000 ATMs across the country.
IRA CD	Standard Term IRA CD: 0.03% - 1.0% APY. Terms of 6 months to 10 years. Minimum deposit of $1,000. Featured IRA CD: 0.07% - 1.65% APY. Terms of 12, 13, and 25 months. Minimum deposit of $2,000.	0.05% - 2.05% APY. Terms ranging from 3 months - 144 months. Minimum opening deposit of $1000 0r $2500, depending on account. For bonus APY, you must maintain a linked Wells Fargo Prime Checking account or Wells Fargo Portfolio Checking account.
IRA Money Market		0.03% - 0.05% APY. $100 minimum opening deposit.
Locations	4600 retail financial centres around the country and brances in more than 40 other countries.	More than 5,800 branches across the country.
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 11/28/2018 Wells Fargo: Pricing information from published website as of 12/7/2018

Free Museum Entry

Offer valid for all current Bank of America customers. Enjoy free museum admission on the first full weekend of every month, from more than 150 participating museums. Simply show your Bank of America or Merrill Lynch credit or debit card and an ID, and get one free general admission.

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Free McAfee for 12 Months

Offer valid for all current Bank of America customers. As a thank you, Bank of America is giving away a full year of free McAfee Internet Security software.

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Bank of America Alternatives

Open a Savings Builder High Yield Savings Account and Get a 2.25% APY. Terms Apply

See Terms

HSBC Direct Savings - 2.05% APY

Earn 2.05% APY on all balance tiers
No monthly maintenance fee
Minimum balance to earn APY is $1
Member FDIC

Get Deal

Articles on Bank of America

Bank of America Review

October 12, 2018 - By Kim P - Reviews for Bank of America Promotions

If you are looking for a bank to conduct most of your money business, Bank of America may be a good fit. With options for checking, savings, CDs, IRAs, and investment accounts, you can potentially have all of your financial accounts in one place.

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