When you open a new Bank of America Business Advantage checking account and complete the eligible requirements, you’ll have the opportunity to earn a $200 cash bonus offer. See offer page for more details.
Bank of America Business Advantage Checking Bonus Offer
- What you’ll get: $200 cash bonus offer. See offer page for more details.
- Account Type: Business Checking
- Availability: Nationwide
(Visit Bank of America to learn more)
How To Earn The Bonus
- 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 business checking account
- Maintain an average balance of $5,000 for next 60 days (day 31-90) during the Maintenance Period**
- *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.
How To Avoid The Monthly Fee
- Business Advantage Fundamentals™ Banking:
- Avoid the $16 fee by doing any of the following:
- Maintain a $5,000 combined average monthly balance
- Use your Bank of America business debit card to make at least $250 in new net qualified purchases
- Become a member of Preferred Rewards for Business
- Avoid the $16 fee by doing any of the following:
- Business Advantage Relationship Banking:
- Avoid the $29.95 fee by doing any of the following:
- Maintain a $15,000 combined average monthly balance
- Become a member of Preferred Rewards for Business
- Avoid the $29.95 fee by doing any of the following:
Additional Terms
- Offer is available only to applicants who apply for a new account online only and is intended for new customers only; you are not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage checking account within the last twelve (12) months.
- Only one bonus ($200) per business customer, regardless of the number of businesses owned or operated by the customer.
- Bank of America employees are not eligible for this offer.
- Offer expires on June 30, 2024, and all qualifying activities must be completed within the stated time frames.
- Bank of America will attempt to pay bonus within 60 days.
- Bank of America may change or discontinue this offer at any time before this date without notice.
- Reproduction, purchase, sale, transfer or trade of this offer is prohibited.
- Additional terms and conditions apply. See offer page for more details.
Pat says
If I have a business credit card with them will that satisfy the requirement listed above?
stan says
FYI: you forgot to mention this key issue
1 Eligibility: Offer only available to customers who receive this offer via a direct communication from a Bank of America small business specialist or from a Bank of America communication.
Irene Tassie says
How much are the qualifying deposits?