Bank of America Bonus Promotions for Checking, Savings & Business

Find the latest Bank of America bonuses, promotions, and offers here.

You’ll find Bank of America Checking, Savings, and Business bonuses & offers here.

Update 4/25/25: The Bank of America Advantage Banking’s improved $300 Bonus Offer is valid through 5/31/25. The Bank of America Business Advantage checking offer has been extended through 12/31/25, You can currently earn a bonus offer when opening a personal checking or business checking account. There’s also a targeted up to $1,000 savings bonus available through 6/30/25.

Bank of America Bonuses Review

Bank of America is the nation’s current 2nd largest bank with approximately 5,000 branch locations, so they’re never short on providing special bank offers to get new customers. Furthermore, use the Locator to find a local branch near you so you can head over and learn more about their promotions.

I’ll go over all Bank of America bonuses & offers below.

Bank Of America Personal Checking Bonus Offer (Available Online)

• What you’ll get: $300 Bonus Offer. See offer page for more details
• How to earn it:
  • The $300 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 05/31/2025
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening.
  • Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC

(Visit Bank of America to learn more)

Account Features

• Bank of America Advantage SafeBalance Banking®
  • If you’re looking for simple banking, SafeBalance® provides a straightforward, easy-to-use experience that lets you focus on the basics.
  • Banking that helps you stay within your balance
  • Digital banking in the palm of your hand – no paper check writing available with this account
  • Helps keep you from spending more than you have – and no overdraft fees
  • A great start for students and young adults
• Bank of America Advantage Plus Banking®
  • If you’re looking for flexible banking, Advantage Plus Banking has options and features to help you meet your needs.
  • Multiple ways to waive the monthly maintenance fee—including a qualifying direct deposit
  • Pay with a debit card, Mobile and Online banking or paper checks (if purchased)
  • Option to enroll in Balance Connect® for overdraft protection
    • Overdraft fee without Balance Connect®: $10 each item, up to 2 items per day
• Bank of America Advantage Relationship Banking®
  • If you’re looking for comprehensive banking, Advantage Relationship Banking helps you make the most of your banking relationship.
  • Digital Banking with the choice to pay using a variety methods
  • Benefits for higher balances, like fee waivers and interest
  • Earn interest on your balance
  • No fees on select deposit services and no monthly maintenance fees on up to three eligible checking accounts and four eligible savings accounts when you ask us to link them to your primary Advantage Relationship Banking account.
  • Option to enroll in Balance Connect® for overdraft protection
    • Overdraft fee without Balance Connect® : $10 each item, up to 2 items per day

How To Waive Monthly Maintenance Fee

• Bank of America Advantage SafeBalance Banking^®:
  • $4.95 or $0 –No monthly maintenance fee each statement cycle when you meet one of the following:
    • an owner of this account is under the age of 25 or
    • maintain a minimum daily balance of $500 in your account or
    • are a member of Bank of America Preferred Rewards®
• Bank of America Advantage Plus Banking^®:
  • $12 or $0 – No monthly maintenance fee each statement cycle when you meet one of the following:
    • have at least one qualifying direct deposit of $250 or more or
    • maintain a minimum daily balance of $1,500 in your account or
    • are a member of Bank of America Preferred Rewards®
• Bank of America Advantage Relationship Banking^®:
  • $25 or $0 – No monthly maintenance fee each statement cycle when you meet one of the following:
    • maintain a minimum daily balance of $20,000 in your account or
    • are a member of Bank of America Preferred Rewards®

Advertiser Disclosure: Many of the offers that appear on this site are from companies from which BankCheckingSavings.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available offers.

Editorial Disclosure: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Member FDIC.

Bank of America Business Advantage Checking Bonus Offer

Open a new Bank of America Business Advantage checking account and complete the eligible requirements to earn a $200 cash bonus offer. See offer page for more details.

• What you’ll get: $200 cash bonus offer. See offer page for more details.
• Account Type: Business Checking
• Bonus Requirements:
  • 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 eligible business checking customers only.
  • Offer expires 12/31/2025.
  • To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
  • Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  • ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
  • Bank of America, N.A. Member FDIC
• Fine Print
  • Offer is available only to applicants who apply for a new eligible Business Advantage checking account online and is intended for new customers only; you are not eligible for this offer is you were an owner or signer on a Bank of America Business Advantage checking account within the last twelve (12) months.
  • *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  • ** The Maintenance Period begins thirty-one (31) days after account opening and ends ninety (90) calendar days after account opening.
  • Only one bonus ($200) per business customer regardless of the number of businesses owned or operated by the customers.
  • Bank of America employees are not eligible for this offer.
  • 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.
• Monthly Fee:
  • Bank of America® Business Advantage Fundamentals™ Banking:
    • Monthly Fee: $16 or $0 – Great news, there’s no monthly fee for the first 12 statement cycles.
    • To avoid the Monthly Fee after, meet one of the following requirements each statement cycle:
      • Maintain a $5,000 combined average monthly balance.
      • Use your Bank of America business debit card to make at least $500 in new net qualified purchases.
      • Become a member Preferred Rewards for Business.
  • Business Advantage Relationship Banking:
    • Monthly Fee: $29.95 or $0 – Pay no monthly fee for Business Advantage Relationship Banking when you meet one of the following requirements each statement cycle:
      • Maintain a $15,000 combined average monthly balance.
      • Become a member of Preferred Rewards for Business.
  • Bank of America, N.A. Member FDIC

(Visit Bank of America to learn more)

Bank of America Up to $1,000 Savings Bonus (Targeted)

Check your email / mail as Bank of America offering a bonus of $250 up to $1,000 with a new or existing savings account – the offer will require a minimum of $100,000 to earn the maximum $1,000 bonus.

Direct Link to Offer (must have received offer via email)

• What you’ll get: Up to $1,000 bonus
• Eligible account: Savings
• Where it’s available: Nationwide
• How to earn it:
  • Enroll using the link in the email by 6/30/25
  • Deposit new money into a new or existing personal savings account within 30 days of enrolling:
    • $250 bonus: $20,000 minimum deposit
    • $500 bonus: $50,000 minimum deposit
    • $1,00 bonus: $100,000 minimum deposit
  • Maintain that balance from day 31 to day 90 after enrollment.

The information for this offer has been collected independently by BankCheckingSavings. The product details on this page have not been reviewed or provided by the bank.

Bank of America Free Museum Admissions Offer

Bank of America offers customers the chance to get into many museums for FREE.

• Learn More at Bank of America
• What you’ll get: Free Admissions
• Where it’s available: Nationwide
• Dates:
  • August 6 – 7, 2022
  • September 3 – 4, 2022
  • October 1 – 2, 2022
  • November 5 – 6, 2022
  • December 3 – 4, 2022
• How to earn it:
  • First, sign up for email or text reminders of eligible weekends.
  • Next, present your Bank of America or Merrill Lynch Credit or Debit Card and a photo ID to get free admission to certain museums.

(Learn More on Museums on Us Program)

The information for this offer has been collected independently by BankCheckingSavings. The product details on this page have not been reviewed or provided by the bank.

Fine Print

• Additionally, this promotion is for Existing Bank of America or Merrill Lynch Account members only.
• Additional requirements may apply, visit the link below for more information.

Bank of America $300 Checking Bonus (Targeted) (Expired)

• What you’ll get: $300 bonus
• Eligible account: Checking Account
• Where it’s available: Nationwide
• How to earn it:
  • Open a new Bank of America Advantage Banking account by April 30, 2023.
  • Set up and receive Qualifying Direct Deposits totaling $4,000 or more into that account within 90 days of account opening.
  • Once you’ve qualified, they’ll attempt to deposit your bonus into your new account within 60 days.

(Expires 04/30/2023)

The information for this offer has been collected independently by BankCheckingSavings. The product details on this page have not been reviewed or provided by the bank.

Fine Print

• Offer is limited to individuals who receive the offer via a direct communication from Bank of America and have not owned or co-owned a Bank of America personal checking account within the last twelve (12) months.
• Fiduciary accounts (e.g., trusts) and business accounts are not eligible for this offer.
• Offer cannot be combined with any other checking offer and is limited to one bonus per account and per customer.
• Offer expires on April 30, 2023.
• Bank of America may change or discontinue this offer at any time before this date without notice.

Bank of America Free 1-Year Grubhub+ Subscription Offer

Bank of America offers customers 1 year of Grubhub+ for free!

• Learn More at Bank of America
• What you’ll get: Free Year of Grubhub+
• Where it’s available: Nationwide
• How to earn it:
  • Simply sign up with your Bank of America card and get 1 year of Grubhub+ for free!

(Expires 12/31/2023)

The information for this offer has been collected independently by BankCheckingSavings. The product details on this page have not been reviewed or provided by the bank.

Fine Print

• Offer available only for eligible Bank of America credit or debit cardholders who do not have an active Grubhub+ membership at the time of signup (as determined by Grubhub). Certain Bank of America cardholders, including commercial prepaid cardholders, may not be eligible.
• Eligible cardholders may redeem this offer by enrolling in the Grubhub+ membership trial using their eligible Bank of America card at https://grubhub.com/partner/bofa no later than 12/31/2023.
• Grubhub+ $0 delivery fees and lower service fees applicable on orders with a subtotal of $12+ (before tax, tip, and fees) from Grubhub+ eligible merchants only.
• Additional fees may apply and vary on orders. Grubhub+ 5% pickup credit applicable on eligible pickup orders only. 5% pickup credit calculated based on the qualifying order subtotal from eligible merchants only.
• Credit will appear as a “Grubhub+ Credit” payment method at checkout.
• Credit is redeemable on eligible future Grubhub pickup and delivery orders only.
• Credit is not transferable, may not be exchanged for cash, expires 90 days after most recent credit is issued, may not be applied toward purchase containing alcohol, and is subject to additional restrictions.
• Credit cannot be accrued or redeemed on on-campus dining orders.
• Free 12 month free trial available for 365 days from date trial is initiated.
• Grubhub+ is an automatically renewing membership service requiring recurring payments.
• After your free trial ends, your free trial will convert to a paid Grubhub+ membership and Grubhub will automatically charge you each month at the then-current rate (currently $9.99 per month) plus applicable tax until you cancel.
• See Grubhub+ cancellation and refund policy and full terms at https://lp.grubhub.com/legal/plus/.
• Canceling during the free trial period will result in immediate termination of the Grubhub+ membership and benefits.
• Grubhub+ is subject to merchant and delivery availability.
• Grubhub reserves the right to change whether a merchant is eligible for Grubhub+ at any time with or without notice to members.
• Grubhub will donate amounts equal to participating members’ donations donated through Grubhub’s Donate the Change feature in connection with orders placed at Grubhub+ eligible merchants only.
• To the maximum extent permitted by law, Grubhub reserves the right to cancel, suspend and/or modify any aspect of or the entirety of this offer, for any reason at any time, with or without notice, including, without limitation, if any fraud or technical failure impairs the integrity or proper functioning of the offer.
• Offer cannot be combined with other free trial offers.
• This offer is available in the United States only (not available in Puerto Rico or the U.S. Virgin Islands).

How To Avoid Monthly 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.
• Bank of America Advantage Savings: $8 monthly maintenance fee waived if:
  • Maintain a minimum daily balance of at least $500 or
  • Link your Bank of America Advantage Savings account to your Bank of America Advantage Relationship Banking® account (waiver applies to first 4 savings accounts) or
  • When you are a Bank of America Preferred Rewards client (waiver applies to first 4 checking and savings accounts) or
  • An account owner is under age 18 or
  • An account owner is under age 25 and qualifies as a Student
• Business Advantage Fundamentals Banking: $16 monthly fee waived with one of the following requirements each statement cycle:
  • Maintain a $5,000 combined average monthly balance
  • Spend at least $250 in new net qualified debit card purchases
  • Become a Preferred Rewards for Business member
• Business Advantage Relationship Banking: $29.95 monthly fee waived with one of the following requirements each statement cycle:
  • Maintain a $15,000 combined average monthly balance
  • Become a Preferred Rewards for Business member

Conclusion

Bank of America is always coming out with new coupons and bonuses for their Checking, Savings and Business accounts — too many to keep up with. Additionally, that’s why we’re here to provide you with the best promotions Bank of America has to offer.

These bonuses from Bank of America are fairly simple to earn and I recommend taking advantage of this offer before it expires. However, Bank of America rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.

• Best Savings/Money Market rates
• Best CD Account Rates
• Best No Penalty CD Rates
• Best Business Savings/Money Market Rates

However, if you are not eligible for these promotions, use our bank bonuses page to find other offers.

Additionally, some popular bank offers include Chase Bank, U.S. Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, Citi, Axos Bank and many more.

Furthermore, feel free to comment on this post with any questions you may have about Bank of America, their accounts they offer, or Bank of America coupon codes.

Lastly, check back often for more Bank of America Bonuses, Promotions, or Offers!

Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which BankCheckingSavings.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available credit card offers or all credit card issuers.

Editorial Disclosure: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.