Available to business owners nationwide, Bank of America is currently offering up to $2,500 bonus when you sign up and open a new Business Advantage Checking Account with an minimum opening deposit of $50,000 within 90 days of opening the account by February 28, 2018. That will qualify you for the initial $1,000. You can earn an additional $500 for each of the following: Small Business Credit Card, Business Term Loan, Business Line of Credit, Bank of America Merchant Services Account. You can earn up to an additional $1,500 on top of your initial $1,000 for a total of $2,500!
Once you have met the requirements, you will be able to enjoy great account features such as online and mobile banking, cash management tools, payroll and tax services, and so much more! If you are currently interested, be sure to head on over to your local branch as soon as you can!
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Bank of America Checking Account Summary:
- Learn More
- Terms and Conditions
- Account Type: Business Advantage Checking Account
- Maximum Bonus: $2,500 Bonus
- Availability: Nationwide (Bank Locator)
- Expiration Date: 02/28/2018
- Soft/Hard Pull: Soft Pull
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: None
- Additional Requirements: See below
- Avoid Monthly Fee: $29.25 can be waived by meeting ONE of the following requirements
- Spend $2,500 in net new purchases on a business credit card
- Maintain a combined average monthly balance in your linked Bank of America accounts of at least $35,000
- Maintain an average monthly balance of $15,000 or more
- Actively use one or both of these business services: Merchant or Payroll Services
- Early Termination Fee: Forfeit of bonus, if account is closed within 90 days of account opening
Bank of America Checking Requirements:
- Open a Business Advantage Checking account from Bank of America by February 28, 2018.
- Deposit $50,000 within 90 days of opening the account
- Open 3 of the following accounts:
- Small Business Credit Card: Apply, be approved for and open a new small business credit card account, and spend at least $2,000 on the card within 90 days of opening a Business Advantage Checking account. Bonus applies to the first new small business credit card only.
- Bank of America Merchant Services Account: Apply, be approved for and activate a merchant services account and settle funds, totaling a minimum of $10,000 into your Business Advantage Checking account within 90 days of opening a Business Advantage Checking Account
- Business Advantage Credit Line: Apply, be approved and open a new Business Advantage Credit Line within 90 days of opening a Business Advantage Checking account. Excludes SBA and Secured lines of credit
- Business Advantage Term Loan: Apply, be approved and open a new Business Advantage Term Loan within 90 days of opening a Business Advantage Checking account. Excludes Business Auto loans, Practice Solution loans, Secured loans, and SBA loans
Bank of America Bonus Fine Print:
- Offer only available to customers who receive this offer via a direct communication from a Bank of America small business specialist
- New Business Advantage checking account must be opened by 2/28/2017 and the qualifiers of all Select Business Accounts selected must be met within 90 days of opening your new checking account
- Bank of America may change or terminate this offer before this date without notice
- Bank of America employees are not eligible for this offer.
If you are currently a business owner nationwide and are currently interested in a new banking experience, then the promotion from Bank of America is a great bet for you! For a limited time, all you would have to do is meet a few simple requirements and you could be well on you way to enjoying a generous bonus as well as great account features to better your banking experience. Additionally, you will be able to take advantage of the best service the bank has to offer. However, if this is not for you, be sure to check out our complete list of Business Bank Deals for all your banking needs!
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