Find all the Bank of America promotions and bonuses for Checking, Savings, and Business account.
The typical bonus offers have been for $100, $200, $300, $500, $750, $2,500.
Compare Bank of America offers to promotions from Chase Bank, Huntington Bank, Discover Bank, TD Bank, CIT Bank, HSBC, BBVA, Citibank, Ally Bank, and other bank promotions!
Table of Contents
- 1 About Bank of America Promotions
- 2 Bank of America $100 Checking Offer
- 3 Bank of America $500 Checking Bonus – Targeted
- 4 Bank of America $300 Checking Bonus – Targeted
- 5 Bank of America $750 Business Checking Bonus – Targeted
- 6 Bank of America $300/$400/$500 Checking Bonus – Targeted
- 7 Bank of America Business Checking $2,500 – In-Branch
- 8 Bank of America Free Museum Admissions Offer
- 9 Bank of America 12 Months of McAfee Antivirus Offer
- 10 Bank of America $300 Checking Bonus (Expired)
- 11 Bank of America $250 Checking Bonus (Expired)
- 12 Bottom Line
About Bank of America Promotions
Headquartered in Charlotte, North Carolina, Bank of America has grown to become one of the “big four” banks in the United States since its establishment in 1904. With operations in more than 35 countries around the world, Bank of America offers a vast array of products such as CDs, Savings, Checking, much more through a wide network of branches. However, you may want to compare to the national best offers from our Bank Rates page and CD Rates page.
- Availability: Nationwide (Bank Locator)
- Routing Number: Full list here
- Customer Service: 1 (800) 432-1000
For those interested in being a part of an industry-leading financial institution while offering superior products and services, therefore definitely check out our list below as well as our list of best bank offers!
Bank of America $100 Checking Offer
Earn a $100 offer at Bank of America.
When you open a Bank of America Advantage Account and meet all the requirements you can earn a $100 offer.
- Account Type: Advantage Plus Banking, Advantage Relationship Banking or Advantage SafeBalance Banking
- Availability: Nationwide
- Direct Deposit Requirement: Yes
- Hard/Soft Pull: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None, but you can fund it with debit card up to $300
- Monthly Fee: $4.95 – $25; See below how to waive
- Early Account Termination Fee: None listed
- Household Limit: None listed
(Expires June 30, 2021)
| You can compare this to several great entry level Checking accounts with bonus offers include the Discover Cash Back Debit (up to $360 Bonus), TD Bank Convenience CheckingSM ($150 bonus), Citi Priority Account Package ($700 bonus), and Aspiration Spend & Save Account ($100 bonus). |
How to Earn $100 Checking Offer
EARN THE OFFERACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- To enroll in this offer, open a new Bank of America Advantage Banking account through this page by June 30, 2021.
- Set up and receive two qualifying direct deposits of $250 or more each within 90 days of opening your new account.
- This offer is limited to new Bank of America personal checking account customers only. Use offer code DOC100CIS when opening your new account to enroll in this offer.
- Overdraft Protection
- BankAmeriDeals
- Preferred Rewards
- Debit Card
- Waive the Monthly Service Fee
- SafeBalance Banking: $4.95 monthly maintenance fee, can be waived for eligible students under age 24 or with enrollment in Preferred Rewards.
- Plus Banking: $12 monthly maintenance fee, can be waived with minimum direct deposit or daily balance requirements, for eligible students under age 24 or with enrollment in Preferred Rewards.
- Relationship Banking: $25 monthly maintenance fee, can be waived with combined balances in eligible linked accounts or with enrollment in Preferred Rewards.
- All account applications are subject to approval.
- The value of this bonus may constitute taxable income to you.
- Bank of America may issue an IRS Form 1099 (or another appropriate form)
- To the extent required by law, Bank of America may withhold tax or other amounts from the payment.
Bank of America $500 Checking Bonus – Targeted
Earn a $500 bonus at Bank of America.
Bank of America is offering a $500 bonus for targeted customers when they open a new checking account and complete one of the eligible requirements, see below.
- Account Type: Advantage Plus Banking, Advantage Relationship Banking or Advantage SafeBalance Banking
- Availability: Nationwide, targeted
- Direct Deposit Requirement: Yes, $10,000 within 90 days or reach a deposit requirement.
- Hard/Soft Pull: Soft Pull, as long as you opt out of overdraft protection
- ChexSystem: No
- Credit Card Funding: None, but can fund it with debit card up to $250
- Monthly Fee: Yes, but waivable
- Early account termination fee: None
- Household limit: None listed
(Offer expires August 31, 2021)
| If you're looking for more advanced features for a checking account, you may want to compare this offer to the following: HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($500 Bonus), as well as the TD Bank Beyond Checking ($300 Bonus). |
How to Earn $500 Checking Bonus
EARN THE BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Bank of America is offering a bonus of $500 when you open a new checking account and complete ONE the following requirements:
- Set up and receive qualifying direct deposits totalling $10,000 or more within 90 days of account opening
- Make qualifying deposits of $50,000 or more in new money into your personal checking account within 30 days of opening and maintain that balance for 90 days
- Get a Debit Chip Card with $0 Liability Guarantee
- Quickly send money to friends and family with Zelle®
- Temporarily lock and unlock a misplaced debit card
- Choose your own cashback deals with BankAmeriDeals
- Set Up Alerts
- Advantage SafeBalance Banking®: $4.95 monthly maintenance fee, can be waived with the following:
- Students under age 24 are eligible to have this fee waived while enrolled in high school, college, university or a vocational program.
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- Advantage Plus Banking®: $12 waived for the following:
- Have at least one qualifying direct deposit of $250 OR
- Maintain a minimum daily balance of $1,500 or more
- Bank of America Advantage Relationship Banking®: $25 waived for the following:
- Maintain a combined balance* of at least $10,000 or more in eligible linked accounts.
- Combined balances include:
- Average daily balance in checking and savings accounts AND
- Current balances in CDs and IRAs at the end of the Advantage Relationship Banking statement cycle AND
- Current balances (2 business days before the end of the Advantage Relationship Banking statement cycle) in Merrill investment accounts
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Bank of America $300 Checking Bonus – Targeted
Earn a $300 bonus at Bank of America.
Bank of America is offering a $300 bonus for targeted customers who receive a direct communication and already have an existing relationship with the bank. To see if you’re targeted make sure that you check your “Activity Center” for the offer.
- Account Type: Advantage Plus Banking, Advantage Relationship Banking or Advantage SafeBalance Banking
- Availability: Nationwide, targeted
- Direct Deposit Requirement: Yes, equaling a total of $4,000
- Hard/Soft Pull: Soft Pull
- ChexSystem: Yes
- Credit Card Funding: None, but can fund it with debit card up to $300
- Monthly Fee: Yes, but waivable
- Early account termination fee: None
- Household limit: None listed
(Expires April 30, 2021)
How to Earn $300 Checking Bonus
EARN THE BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- To be enrolled in this offer, you must have accessed this page via a direct communication (email or digital ad) from Bank of America.
- Open a new Bank of America Advantage Banking account by April 31, 2021.
- Set up and receive Qualifying Direct Deposits of $4,000 or more within 90 days of account opening.
- Get a Debit Chip Card with $0 Liability Guarantee
- Quickly send money to friends and family with Zelle®
- Temporarily lock and unlock a misplaced debit card
- Choose your own cashback deals with BankAmeriDeals
- Set Up Alerts
- Advantage SafeBalance Banking®: $4.95 monthly maintenance fee, can be waived with the following:
- Students under age 24 are eligible to have this fee waived while enrolled in high school, college, university or a vocational program.
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- Advantage Plus Banking®: $12 waived for the following:
- Have at least one qualifying direct deposit of $250 OR
- Maintain a minimum daily balance of $1,500 or more
- Bank of America Advantage Relationship Banking®: $25 waived for the following:
- Maintain a combined balance* of at least $10,000 or more in eligible linked accounts.
- Combined balances include:
- Average daily balance in checking and savings accounts AND
- Current balances in CDs and IRAs at the end of the Advantage Relationship Banking statement cycle AND
- Current balances (2 business days before the end of the Advantage Relationship Banking statement cycle) in Merrill investment accounts
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- The new personal checking account must be open and in good standing up to and including the date any earned bonus is paid in order to receive the bonus.
- To receive your bonus you must provide all of the information we require in connection with opening the account.
- After you satisfy all of the requirements, they will attempt to deposit the earned bonus directly into your new personal checking account within sixty (60) days.
- Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus.
- The value of this bonus may constitute taxable income to you.
Bank of America $750 Business Checking Bonus – Targeted
Earn a $750 bonus with a new Business Checking Account.
Qualified business owners can earn an attractive $750 bonus when you open a new Business Advantage Checking or Business Fundamentals® Checking account by January 31, 2021.
- Account Type: Business Checking Accout
- Availability: Nationwide, targeted
- Direct Deposit Requirement: No
- Hard/Soft Pull: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: Cannot fund with credit card, can fund up to $300 with debit card
- Monthly Fee: Yes, but waivable
- Early account termination fee: None listed
- Household limit: None listed
(Expires 05/28/2021)
| For other business checking accounts, take a look at our Chase Business Checking ($300 Bonus), Huntington Unlimited Plus Business Checking ($750 Bonus), Huntington Unlimited Business Checking ($400 Bonus), as well as the Huntington Business Checking 100 ($200 Bonus). |
How To Earn $750 Business Checking Bonus
EARN THE $750 BUSINESS CHECKING BONUSWAIVE THE MONTHLY FEEFINE PRINT
- To earn the $500 bonus:
- Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals ™ Banking account; AND
- Make Qualifying Deposits of $20,000 or more in new money* into your new Business Advantage Banking account within fifteen (15) days of account opening; AND
- Maintain an average balance of $20,000 during the Maintenance Period** into the new Business Advantage Banking account.
- To earn the $750 bonus:
- Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account; AND
- Make Qualifying Deposits of $50,000 or more in new money* into your new Business Advantage Banking account within fifteen (15) days of account opening; AND
- Maintain an average balance of $50,000 during the Maintenance Period** into the new Business Advantage Banking account
- Business Fundamental: Your $16 monthly fee can be waived if you fulfill any of the following requirements:
- Spend $250 in net new purchases on a business debit or credit card
- Keep an average monthly balance of $5,000 or more
- Maintain a minimum daily balance of $3,000
- Have a combined average monthly balance of $15,000 or more in your linked Bank of America business accounts
- Offer only available to customers who receive this offer via direct communication from a Bank of America Small Business Specialist or from a Bank of America communication.
- Bank of America may change or discontinue this offer at any time before this date without notice.
- Qualifying deposits are deposits of new money
- The Maintenance Period begins sixteen (16) calendar days after account opening and ends seventy-five (75) calendar days after account opening.
Bank of America $300/$400/$500 Checking Bonus – Targeted
Earn up to a $500 bonus with a new Checking Account.
Qualified customers can take advantage of a targeted offer from Bank of America with a new Checking Account. Simply meet the requirements below.
- Account Type: Checking Account
- Availability: Nationwide
- Direct Deposit Requirement: Yes
- Hard/Soft Pull: Soft
- ChexSystem: Unknown
- Credit Card Funding: None, but can fund it with debit card up to $300
- Monthly Fee: Yes, but waivable
- Early account termination fee: None
- Household limit: None listed
Editor’s Note: Another round of targeted promo has gone out, this time, the expiration date is December 31, 2020.
How To Earn $300/$400/$500 Checking Bonus
EARN UP TO $500 CHECKING BONUSWAIVE THE MONTHLY FEEFINE PRINT
- $300 bonus:
- To be enrolled in this offer, you must have accessed this page via a direct communication (email or digital ad) from Bank of America
- Open a new Bank of America Advantage Banking account by December 31, 2020.
- Set up and receive qualifying direct deposits of $4,000 or more into your new account within 90 days of account opening.
- $400 bonus:
- To be enrolled in this offer, you must have accessed this page via direct communication (email or digital ad) from Bank of America
- Open a new Bank of America Advantage Banking account by December 31, 2020.
- Set up and receive qualifying direct deposits of $4,000 or more into your new account within 90 days of account opening.
- $500 Bonus:
- Open a new Bank of America Advantage Checking (any version) and receive a $500 bonus when you
- Set up and receive qualifying direct deposits totaling $10,000 or more within the first 90 days of opening your new checking account OR you deposit $50,000 of new money in the account within 30 days and hold for 90 days.
- Open a new Bank of America Advantage Checking (any version) and receive a $500 bonus when you
- $500 Bonus:
- Open a new Bank of America Advantage Checking (any version) and receive a $300 bonus when you set up and receive qualifying direct deposits totaling $4,000 or more within the first 90 days of opening your new checking account.
- Additionally, you can open up a savings account and deposit $20,000 and receive an additional $200 bonus
- SafeBalance Banking: $4.95 monthly maintenance fee, can be waived for eligible students under age 24 or with enrollment in Preferred Rewards.
- Plus Banking: $12 monthly maintenance fee, can be waived with minimum direct deposit or daily balance requirements, for eligible students under age 24 or with enrollment in Preferred Rewards.
- Relationship Banking: $25 monthly maintenance fee, can be waived with combined balances in eligible linked accounts or with enrollment in Preferred Rewards.
- Offer only available to customers who receive this offer via direct communication from a Bank of America Small Business Specialist or from a Bank of America communication.
- Bank of America may change or discontinue this offer at any time before this date without notice.
- Qualifying deposits are deposits of new money
- The Maintenance Period begins sixteen (16) calendar days after account opening and ends seventy-five (75) calendar days after account opening.
Bank of America Business Checking $2,500 – In-Branch
Business Owners can earn a $2,500 bonus at Bank of America.
Earn up to a $2,500 bonus when you open a Business Checking Account through the current Bank of America promotions.
- No Direct Link – Contact a Small Business Expert at Bank of America
- Account Type: Business Fundamentals, Business Advantage
- Credit Inquiry: Hard Pull
- ChexSystems: Yes
- Opening Deposit: $50,000 within 90 days
- Direct Deposit Requirement: None
- Monthly Fee: $16 – $29.95
- Additional Requirements: Offer only available to customers who receive this offer via direct communication from a Bank of America small business specialist or from a Bank of America communication
Make The $2,500 Business Checking Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- To receive a $1,000 bonus:
- Open a Business Advantage Checking account plus one of the Select Business Accounts listed here:
- Small Business Credit Card.
- Business Term Loan.
- Business Line Of Credit.
- Bank Of America Merchant Services Account.
- You’ll also need to deposit $50,000 of outside funds into the new Checking account within 90 days of opening.
- Open a Business Advantage Checking account plus one of the Select Business Accounts listed here:
Business Fundamentals:
- Online Banking with account alerts and Bill Pay
- Mobile Banking with mobile check deposit
- Debit cards with Total Security Protection®
- Business savings account
- Business Advantage: Avoid the $29.95 monthly fee when you meet one of the following:
- Spend $2,500 in net new purchases on a business credit card
- Maintain an average monthly balance of $15,000 or more
- Maintain a combined average monthly balance of $35,000 or more in your linked Bank of America accounts
- Actively use Bank of America Merchant Services8 and/or Payroll Services
- Qualify for and enroll in the Business Advantage Relationship Rewards program (first four checking accounts, per enrolled business)
- Speak to a Small Business Expert to sign-up for this promotion.
- Signing up for a Credit Card or Line of Credit will affect your credit score.
- Account must be opened in a branch to qualify for the bonus.
Bank of America Free Museum Admissions Offer
Current Bank of America customers get Free Admission to certain museums.
Bank of America offers customers the chance to get into many museums for FREE.
- Account Type: Bank of America or Merrill Lynch credit or debit card
- Availability: Nationwide (Full list of Participating Museums)
- Expiration Date: None
- Credit Inquiry: Soft pull for debit card
- Opening Deposit: None
- Credit Card Funding: None
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: None
(Existing Bank of America Customers Only)
How To Receive Free Museum Admission
HOW TO EARN OFFERFINE PRINT
- You can also sign up for email or text reminders of eligible weekends.
- Present your Bank of America or Merrill Lynch Credit or Debit Card and a photo ID to get free admission to certain museums.
- Only available certain dates.
- Available only on these dates:
- January 5th & 6th, February 2nd & 3rd, March 2nd & 3rd, April 6th & 7th, May 4th & 5th, June 1st & 2nd, July 6th & 7th, August 3rd & 4th, September 7th & 8th, October 5th & 6th, November 2nd & 3rd, December 7th & 8th.
- Existing Bank of America or Merrill Lynch Account members only.
- Additional requirements may apply, visit the link below for more information.
Bank of America 12 Months of McAfee Antivirus Offer
Existing Bank of America customers can earn free McAfee Antivirus.
Additionally, after you join Bank of America you can protect your computer for a year by signing up for the 12-Months of McAfee Antivirus offer.
- Availability: Any Bank of America Customer
- Expiration Date: None
- Additional Requirements: You will have to pay for the service after a year.
(Existing Bank of America Customers Only)
Receive 12 Months of McAfee Antivirus
HOW TO EARN OFFERFINE PRINT
- Sign in to Online Banking from this page. You will be redirected to the McAfee site.
- Create a McAfee user account and a password.
- Enter your registration information (name, address, city, state and phone number).
- This offer is available in the U.S. and Canada.
- When you sign up for this software subscription, Bank of America Online Banking customers will receive McAfee® LiveSafe™ as an online download at no cost (an $89.99 value) for the first 12 months.
- Your subscription will automatically renew each year unless you choose to cancel.
- At the end of your 12-month trial period, you will be charged $44.99 (which is 50% off the full retail value) to continue using McAfee LiveSafe for another 12 month period; thereafter you will be charged $89.99 to continue using the software for each subsequent 12-month period.
Bank of America $300 Checking Bonus (Expired)
Qualified residents can earn a $300 bonus with a new checking account.
Qualified residents are able to take advantage of a $300 bonus with a new Checking Account. However, you must be targeted for this Bank of America $300 bonus in order to apply.
- Account Type: Checking Account
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: None, but can fund with a debit card up to $300.
- Direct Deposit Requirement: Direct Deposits equaling a total of $4000 within 90 days
- Monthly Fee: $12, See below
(Expired)
Receive The $300 Checking Bonus
RECEIVE THE $300 CHECKING BONUSWAIVE THE MONTHLY FEEFINE PRINT
- $300 bonus:
- Open a new Bank of America Core Checking OR Bank of America Interest Checking personal checking account by August 31, 2020
- Receive Qualifying Direct Deposits equaling a total of $4000 or more in your new personal checking account within 90 days from account opening
- The bonus is deposited within 60 days of meeting the requirements.
- There’s a limit of one per customer and as usual, you’ll receive 1099, so you’ll have to pay taxes on it.
- Checking: The Core Checking account is probably the best option with a $12 monthly fee, which can be waived with any of the following options:
- Make at least one qualifying Direct Deposit of $250 or more, OR
- Maintain a minimum daily balance of $1,500 or more, OR
- Be a student under age 23 and enrolled in high school, college, or vocational program, OR
- Enroll in the Preferred Rewards program and qualify for the Gold, Platinum, or Platinum Honors tier (first 4 checking accounts only).
- Offer only available to customers who receive this offer via direct communication from a Bank of America Small Business Specialist or from a Bank of America communication.
- Bank of America may change or discontinue this offer at any time before this date without notice.
- Qualifying deposits are deposits of new money
- The Maintenance Period begins sixteen (16) calendar days after account opening and ends seventy-five (75) calendar days after account opening.
Bank of America $250 Checking Bonus (Expired)
Earn a $250 bonus at Bank of America.
Qualified customers can take advantage of a targeted offer from Bank of America with a new Savings Account. Simply meet the requirements below.
- Account Type: Bank of America Savings Account
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None, but you can fund it with debit card up to $300
- Direct Deposit Requirement: Yes
- Monthly Fee: See below how to waive
(Expires September 30, 2020)
Earn $250 Checking Bonus
EARN THE BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Request enrollment in the offer from a Bank of America associate or by clicking the enrollment link in a direct communication by September 30, 2020.
- Open or maintain an eligible Bank of America personal savings account (Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) are not eligible for this offer).
- Make deposits of new money (each is a “Qualifying Deposit”) of $20,000 or more directly into that eligible personal savings account within thirty (30) days of enrolling.
- Maintain the Qualifying Deposit(s) in that eligible personal savings account until ninety (90) days following enrollment in the offer.
- Extra interest on a Bank of America Advantage Savings account
- 25%-75% Rewards Bonus4 on eligible Bank of America® credit cards
- Preferred pricing with Merrill Guided Investing account
- Monthly maintenance fee waivers on your first 4 checking and savings accounts
- Regular Savings: $5 monthly maintenance fee, can be waived with the following:
- Maintain a minimum daily balance of at least $500
- Link your Bank of America Interest Checking to Regular Savings account
- When you are a Bank of America Preferred Rewards client
- Make combined monthly automatic transfers of $25 or more from your Bank of America checking account to a savings account
- To receive your bonus you must provide all of the information we require in connection with opening the account.
- This includes information we require to identify each account owner, including a validly completed IRS Form W-9 or Form W-8 (as applicable).
- The value of this bonus may constitute taxable income to you.
- Bank of America may issue an IRS Form 1099 (or another appropriate form) to you that reflects the value of the bonus.
Bottom Line
We try our best to find all the latest Bank of America promotions and offers because they are top of the line. Once you open an account with them, you are eligible for other services that other banks simply don’t or can’t offer. Whether you are a business owner looking to keep your money safe or you are teaching a child how to save money, you should look at Bank of America.
Furthermore, your feedback is highly appreciated and makes our site even better! Therefore if you have experience with Bank of America leave us a comment below letting us know how it went.
*Check back often for the latest Bank of America promotions, bonuses, and offers!
i while like to open and saving account. I’m from Aruba and living in Aruba. what do i have to do. is it possible or not
Please tell me why bank America is not answering calls, put on hold for hours , then person pick up(if they pick up) an transfer u again for another hour, WHAT IS BoA Customer service problem TWO DAYS OF THIS CRAZYNESS
I opened business account and met requirements for $500 bonus. But I never received it.
How can I request to receive the bonus?
Is there any banks that still count as a DD for BOA bonuses?
Hmm it seems like your site ate my first comment (it
was super long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your
blog. I as well am an aspiring blog blogger but
I’m still new to the whole thing. Do you have any helpful hints for inexperienced blog
writers? I’d genuinely appreciate it.
Is it 4000 direct deposit in one transaction or multiple direct deposits totaling 4000? If in one transaction of 4000 then BoA might be misleading users
Its multiple totaling 4000
BofA denied me the credit as multiple agents told me it had to be a single $4000 deposit. I had $2000 go in twice a month for 7 months and was told that didn’t qualify. I canceled the DD and pulled my money and then was hit with the $12 monthly. Fortunatley they refunded it and now closed the account.