Bank of America 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 large branch network, extended customer service hours, and full service banking.
Bank of America Business Advantage Checking Account - $200 Bonus Offer
- Open a new eligible business checking account by December 31, 2023
- 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
Bank of America Advantage Banking - $200 Bonus Offer
- 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 1/31/2024
- To qualify, open a Bank of America Advantage Banking account through the promotional page and set up and receive qualifying direct deposits totaling $2000 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.
- Member FDIC
- Minimum Deposit to Open: $25 for Bank of America Advantage SafeBalance Banking®, $100 for Bank of America Advantage Plus Banking ® and Bank of America Advantage Relationship Banking®
- Monthly Fee: $4.95 Monthly Maintenance Fee for Bank of America Advantage SafeBalance Banking®, $12 Monthly Maintenance Fee for Bank of America Advantage Plus Banking®, and $25 Monthly Maintenance Fee for Bank of America Advantage Relationship Banking® - see the offer page for ways to waive the monthly fee
Bank of America Advantage SafeBalance Banking®
- No overdraft fees
- No monthly maintenance fee for Students under 25
- Member FDIC
- Minimum Deposit to Open: $25
- Monthly Fee: $4.95 Monthly Maintenance Fee or $0 - fee may be waived for Students under 25 or enrolled in Preferred Rewards
Bank of America Advantage Plus Banking®
- Choose from multiple ways to waive the monthly maintenance fee
- Pay with a debit card, Mobile and Online banking or paper checks (if purchased)
- Member FDIC
- Minimum Deposit Required: $100
- Monthly Fee: $12 Monthly Maintenance Fee or $0 – fee may be waived when enrolled in Preferred Rewards or have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least $1,500 each statement cycle
Bank of America Advantage Relationship Banking®
- Perks for higher balances, like fee waivers and interest
- Earn interest on your balance
- Option to add Balance Connect® for overdraft protection
- Overdraft fee without Balance Connect® : $10 each item, up to 2 items per day
- Member FDIC
- Minimum Deposit to Open: $100
- Monthly Fee: $25 Monthly Maintenance Fee or $0 - fee may be waived when you maintain a combined balance of at least $10,000 during each statement cycle in eligible linked accounts or when you are enrolled in Preferred Rewards
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
- Minimum Deposit to Open: $100
- Monthly Fee: $29.95 (can be waived by maintaining a $15,000 combined average monthly balance)
Featured CD
| Term | APY |
|---|---|
| 7 Month | 5.00% |
| 10 Month | 0.05% |
| 13 Month | 5.00% |
| 25 Month | 3.20% |
| 37 Month | 0.05% |
Rates are for Pasadena, California, and may vary per location. Rates are for opening deposits of less than $10,000. Annual Percentage Yield (APY) is accurate as of September 20, 2023.
Fixed CD Term
| Term | APY |
|---|---|
| 28 - 89 Days | 0.03% |
| 90 - 179 Days | 4.00% |
| 6 - 120 Months | 0.03% |
Rates are for Pasadena, California, and may vary per location.
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 225 participating museums. Simply show your Bank of America or Merrill Lynch credit or debit card and an ID, and get one free general admission.
| Yesterday | Bank of America Business Advantage Checking Account - $200 Bonus Offer selected by a visitor from California |
| Yesterday | Bank of America Advantage Banking - $200 Bonus Offer selected by a visitor from Nevada |
| Yesterday | Business Advantage Fundamentals™ Banking selected by a visitor from North Carolina |
| Yesterday | Bank of America Advantage SafeBalance Banking® selected by a visitor from Kansas |
| 8 days ago | Bank of America Advantage Plus Banking® selected by a visitor from Indiana |
Compare Promotions
Citi Priority - Earn up to $2,000 Cash Bonus
- Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day
- New to Relationship customers can choose their Relationship Tier.
- Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds.
- Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
- If your balance falls to a lower Balance Level at any point during the maintenance period, the bonus changes.
- Bonus will be paid within 30 days after you successfully complete all required activities.
- Restrictions apply.
- Minimum Deposit to Open: $30k
- Monthly Fee: Monthly Service Fee waived by maintaining $30k
Discover Online Savings - $200 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY923 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Chase Business Complete Banking® - $300 Bonus
- Earn $300 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
- Multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
- Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions.
- Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle®, Online Bill Pay, wire transfers and ACH payments.
- Convenient access to payment processing. Process all major debit and credit cards with QuickAccept®. It's a built-in feature with your Business Complete Checking account.
- Helping you save money. Multiple ways to waive service fees and unlimited digital transactions helps you keep more of your money.
- Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology.
- Trusted and secure financial partner. We're committed to helping you grow and protect your business.
- Minimum Deposit to Open: $0
- Direct Deposit Required: No
- Monthly Fee: $15 with ways to waive
Chase Total Checking® - $200 Bonus
- New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
- Access to more than 15,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- JPMorgan Chase Bank, N.A. Member FDIC
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Minimum Deposit to Open: $0
- Direct Deposit Required: Yes
- Minimum Deposit Required: None
- When Do You Get It: Within 15 days after meeting requirements
- Monthly Fee: $12 Monthly Service Fee OR $0 with one of the following, each monthly statement period:
- Qualifying electronic deposits made into this account totaling $500 or more,
- OR a balance at the beginning of each day of $1,500 or more in this account,
- OR an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances
U.S. Bank Smartly® Checking and Standard Savings - Up to $1,000 Bonus
Earn up to $500 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:
- Enroll in online banking or the U.S. Bank Mobile App
- Make two or more direct deposit(s)* totaling $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500
Earn up to $400 with a new Standard Savings account.
- Make new money deposit(s) totaling $25,000 to $49,999.99 to earn $200 or $50,000 or more to earn $400 by November 30, 2023
- Maintain that balance until May 31, 2024
Earn an additional $100 for opening both!
Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for Checking account
- Minimum Deposit to Open: $25
- Monthly Fee: Waive the $6.95 Monthly Maintenance Fee with one of the following:
- Are 24 and under, 65 and over or a member of the military (must self-disclose), OR
- Have combined monthly direct deposits totaling $1,000+, OR
- Keep average account balance of $1,500+, OR
- Hold an eligible U.S. Bank credit card, OR
- Qualify for one of the four Smart Rewards™ tiers (Primary, Plus, Premium or Pinnacle)
Frequently Asked Questions
- Bank of America Business Advantage Checking Account:
$200 Bonus Offer - Bank of America Advantage Banking:
$200 Bonus Offer
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 maintenance fee can be waived if you are an eligible student under 25, or if you are enrolled in Preferred Rewards. The minimum opening deposit is $25.
- Advantage Plus Banking: The $12 monthly maintenance fee can be waived if you: maintain a minimum daily balance of $1,500, OR have one qualifying direct deposit of at least $250 each month, OR if you are enrolled in Preferred Rewards. This account allows you to enroll in optional 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 a combined balance of at least $10,000 in eligible linked accounts or if you are enrolled in Preferred Rewards. The minimum opening deposit is $100.
All 3 accounts come with 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 Advantage Fundamentals™ Banking: This is the basic business account ideal for small businesses just starting out. There is a $16 monthly maintenance fee, but you can get it waived if you do ONE of the following: spend at least $250 in new net qualified debit card purchases, OR maintain a combined average monthly balance of $5,000, OR become a Preferred Rewards Business member.
- Business Advantage Relationship Banking: 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: maintain a combined average monthly balance of $15,000, OR become a Preferred Rewards Business member.
You also get a second Business Advantage checking account for no maintenance fee. And you'll pay no fees for domestic and international incoming wire transfers.
Bank of America Business Checking Account Promotions
- Bank of America Business Advantage Checking Account - $200 Bonus Offer
Earn a cash bonus in three steps:- Open a new eligible business checking account by December 31, 2023
- 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
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 3-month average combined balance of $20,000. You get a 5% interest rate booster on a Bank of America Advantage Savings account, and a 25% bonus on eligible credit cards rewards.
- Platinum level: Need a 3-month average combined balance of $50,000. You get a 10% interest rate booster on a Bank of America Advantage Savings account, a 50% bonus on eligible credit cards rewards, 1 free ATM transaction per month from non-BofA ATMs in the U.S.
- Platinum Honors level: Need a 3-month average combined balance of $100,000. You get a 20% interest rate booster on a Bank of America Advantage Savings account, a 75% bonus on eligible credit cards rewards, unlimited free ATM transactions from non-BofA ATMs in the U.S.
- Diamond Tier: Need a 3-month average combined balance of $1 million (up to $10 million). This tier offers access to unique lifestyle experiences and premium offers.
Each tier also gives you discounts on mortgage fees, auto loan interest rate, and home equity line of credit interest rate. The higher your tier, the larger your discount.
- 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 credited to the account of your choice.
- Mon-Fri: 8am - 9pm (ET)
- Sat: 8am - 8pm (ET)
- Sun: 8am - 5pm (ET)
Highlights
Approximately 16,000+ ATMs
Approximately 3,800+ retail financial centers
- Pricing information from published website as of 09/20/2023 based on 91107 zip code.
- For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
More Information
| | |
| Visit Site | Visit Site | |
Bank of America | Chase | |
|---|---|---|
Benefits and Features | ||
| Savings |  |
|
| CD | | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. |
| Checking | |
|
| Customer Service |
| |
| ATMs | ||
| IRA CD | | |
| Locations | Approximately 3,800+ retail financial centers | |
| 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. Bank of America: Pricing information from published website as of 09/20/2023 based on 91107 zip code. Chase: Pricing information and data points from published website as of 09/01/2023. | ||
Bank of America Alternatives
Chase Secure Banking℠ - $100 Bonus
- New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
- Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
- No minimum deposit to open an account and get started.
- No overdraft fees with a Chase debit card that helps you stay within your balance.
- Chase Secure Banking℠ customers told us they save an average of $50 a month on fees after opening their account.
- JPMorgan Chase Bank, N.A. Member FDIC.
- Pay bills, cash checks and send money with Zelle® all for a $4.95 monthly service fee.
- Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase Online℠.
- Minimum Deposit to Open: $0
- Direct Deposit Required: No
- Minimum Deposit Required: None
- When Do You Get It: Within 15 days after completing qualifying activities
- Monthly Fee: $4.95
Citi Priority - Earn up to $2,000 Cash Bonus
Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day. New To Relationship customers can choose their Relationship Tier. Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds. Maintain a minimum balance for 60 consecutive calendar days from the 21st day. If your balance falls to a lower Balance Level at any point during the maintenance period, the bonus changes. Bonus will be paid within 30 days after you successfully complete all required activities. Restrictions apply.
| Balance Levels | Maximum Bonus |
|---|---|
| $10,000 - $29,999 | $200 |
| $30,000 - $74,999 | $500 |
| $75,000 - $199,999 | $1,000 |
| $200,000 - $299,999 | $1,500 |
| $300,000 and above | $2,000 |
- Minimum Deposit to Open: $30k
- Monthly Fee: Monthly Service Fee waived by maintaining $30k
Silver Business Checking Package - Up to $800 Bonus
Earn up to an $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q3AFL23 and complete qualifying activities, subject to certain terms and limitations. Offer valid through January 8, 2024. Member FDIC. Complete these steps to earn the offer:
Earn your $350.
- Complete $5,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
Earn your $800.
- Complete $25,000 in new money deposits within 30 days of account opening and maintain for 60 days after account opening.
- Minimum Deposit to Open: $100
- Monthly Fee: $0 monthly maintenance fee
Discover Online Savings - $150 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY923 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
CIT Bank Platinum Savings - 5.05% APY
- 5.05% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- $100 minimum opening deposit
- No monthly maintenance fee
- Member FDIC
- Minimum Deposit to Open: $100
- Direct Deposit Required: No
- Monthly Fee: $0
Articles on Bank of America
Bank of America Review
How to Close a Bank of America Account
Bank of America Hours
Bank of America Routing Number
Recent Mentions
Best Business Bank Accounts for LLC
Best Business Checking Account
Best National Bank
Best Free Checking Accounts
Best Bank for Small Business
Best Free Checking Accounts for Small Businesses
Chase
How to Choose a Bank: Beginner's Guide
Checking vs Savings Account
More Bank Promotions
Chase Coupon
Citibank Promotions
Capital One 360 Promo Code
Discover Bank
