Bank of America is currently offering a $500 cash bonus when opening a qualifying business checking account after meeting certain requirements.
To earn your bonus:
- Open a new business checking account by July 31, 2022
- Make Qualifying Deposits* of $20,000 or more in new money within 30 days of opening the new business checking account
- Maintain an average balance of $20,000 for next 60 days (day 31-90) during the maintenance period
Bank of America $500 Business Checking Bonus
- Account Type: Business Checking
- Availability: Nationwide (Bank Locator)
- Credit Inquiry: Soft Pull
- Credit Card Funding: No – Up to $300 with debit card
- Opening Deposit: $100
- Monthly Fee: $16 or $29.95; waive-able
- Household Limit: Limit one bonus per customer
- Closing Account Fee: None Listed
(Offer Expires 07/31/2022)
- This offer 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 Banking account within the last twelve (12) months.
- Only one bonus ($500) per business customer, regardless of the number of businesses owned or operated by the customer.
- *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.
Since Bank of America continues to be one of the most popular banks, we strive to consistently provide worthwhile deals and promotions. Whether you are new to Bank of America or a lifelong customer, you are sure to find exceptional saving opportunities.
Remember to check this page frequently to stay on top of all the chances to save! Additionally, be sure to view our list of the Best Business Bank Bonuses as well!