Find the latest Bank of America bonuses, promotions, and offers here.
You’ll find Bank of America Checking, Savings, and Business offers to start at $100, $200, $250, $300, $400, $500, $750, $2,500 bonuses here.
Table of Contents
- 1 Bank of America Bonuses Review
- 2 Bank Of America Personal Checking $100 Bonus Offer (Available Online)
- 3 Bank of America $500 Business Checking Bonus
- 4 (Expired) Bank of America $300 Checking Bonus – Targeted
- 5 Bank of America $500 Checking Offer (Targeted) (Expired)
- 6 (Expired) Bank of America $2,500 Business Checking Bonus
- 7 Bank of America 12 Months of McAfee Antivirus Bonus (Expired)
- 8 Bank of America Free Admissions Bonus (Expired)
- 9 Bank of America $300 Checking Bonus (Expired)
- 10 Bank of America $250 Savings Bonus (Expired)
- 11 How To Avoid Monthly Fee
- 12 Conclusion
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.
- Availability: Nationwide (Bank Locator)
- Credit Inquiry: Soft Pull via ChexSystems
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.
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, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, Citibank, Wells Fargo and many more.
I’ll go over all Bank of America offers below.
Bank Of America Personal Checking $100 Bonus Offer (Available Online)
- What you’ll get: $100 bonus offer
- Where it’s available: Nationwide
- How to earn it:
- The $100 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 6/30/2022
- To qualify, open an account through the promotional page and set up and receive qualifying direct deposits of $1000 or more into that account within 90 days of opening.
- Bank of America will attempt to pay bonus within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- Member FDIC
(Visit Bank of America to learn more)
Account Features
- Bank of America Advantage SafeBalance Banking®
- Advantage Banking is one account with three settings – Advantage SafeBalance Banking is one of the account settings
- Banking that helps you stay within your balance
- Checkless banking with flexible ways to pay – pay with a debit card, Mobile or Online banking. No paper check writing with this account setting.
- Get help spending only the money you have available
- No overdraft fees
- No monthly maintenance fee for Students under 25 enrolled in school or an educational or vocational program
- No monthly maintenance fee if an owner of this account is under 18
- Bank of America Advantage Plus Banking®
- Advantage Banking is one account with three settings – Advantage Plus Banking is one of the account settings
- Choose from multiple ways to waive the monthly maintenance fee
- Pay with a debit card, Mobile and Online banking or paper checks (if purchased)
- Option to add Balance Connect™ for overdraft protection
- Fee without Balance Connect™: $35 each item, up to 4 items per day
- Bank of America Advantage Relationship Banking ®
- Advantage Banking is one account with three settings – Advantage Relationship Banking is one of the account settings
- Perks for higher balances, like fee waivers and interest
- Earn interest on your balance
- Get fee waivers on select services including:
- Additional checking or savings accounts when you link them to your primary Advantage Relationship Banking account.
- Incoming domestic wire transfers
- Standard check purchases
- Option to add Balance Connect™ for overdraft protection
- Fee without Balance Connect™ : $35 each item, up to 4 items per day
How To Waive Monthly Maintenance Fee
- Bank of America Advantage SafeBalance Banking®: monthly maintenance fee of $4.95. Have monthly fee waived if:
- Students under age 25 enrolled in school or an educational or vocational program
- An owner of this account under the age of 18.
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- Bank of America Advantage Plus Banking®: Monthly maintenance fee of $12. To waive the fee:
- Every statement cycle that you:
- Have at least one qualifying direct deposit of $250 OR
- Maintain a minimum daily balance of $1,500 or more
- You’re an eligible student under 25 years old
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- Every statement cycle that you:
- Bank of America Advantage Relationship Banking®: monthly maintenance fee of $25. Waive it by:
- 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
- *Combined balances include:
- Preferred Rewards clients get this fee waived (waiver applies to first 4 checking accounts).
- Maintain a combined balance* of at least $10,000 or more in eligible linked accounts.
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.
Bank of America $500 Business Checking Bonus
Bank of America is offering qualified business owners up to a $500 offer when you open a new Business Advantage Checking account OR Business Fundamentals Checking account.
- What you’ll get: $500 bonus
- Eligible account: Business Checking Account
- Where it’s available: Nationwide
(Expires 07/31/2022)
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.
| 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 Bonus
- To earn the $500 bonus:
- Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account by July 31, 2022: AND
- Make Qualifying Deposits of $20,000 or more in new money* into your new Business Advantage Banking account within thirty (30) days of account opening; AND
- Maintain an average balance of $20,000 during the Maintenance Period** into the new Business Advantage Banking account.
- 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.
- The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
- All account applications are subject to approval.
- Your account does not qualify for the bonus until you provide all of the information we require in connection with opening the account by the promotion end date July 31, 2022.
- This includes information we require to identify each account owner and to report the bonus to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W8 (as applicable).
- The value of this bonus may constitute taxable income to you.
(Expired) Bank of America $300 Checking Bonus – Targeted
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.
Editor’s Note: To get this offer, you need to log into your existing Bank of America account and look in the Activity Center menu. If you don’t see it, it’s no longer available.
- What you’ll get: $300 Offer
- Eligible account: Bank of America Checking Account
- Where it’s available: Nationwide (Bank Locator)
- How to earn it:
- To be enrolled in this offer, you must have accessed this page via a direct communication (email or digital ad) from Bank of America.
- Meet the requirements below
- When you’ll receive it: After all requirements are met, you’ll receive the bonus deposited into your account within 60 days.
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.
| Additionally, you can take advantage of some of the best offers available for entry level checking accounts such as Chase Total Checking ($200 Bonus), Citi Priority Account (Up to $1500 Bonus), Discover Cash Back Debit (Up to $360 Bonus), Chase Secure Banking ($100 Bonus), and Aspiration Spend & Save Account ($150 Bonus). |
How To Earn 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 April 30, 2021.
- Set up and receive Qualifying Direct Deposits of $4,000 or more within 90 days of account opening.
- 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 and to report the bonus to the Internal Revenue Service (IRS), 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.
- To the extent required by law, Bank of America may withhold tax or other amounts from the payment.
- Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus.
- Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.
Bank of America $500 Checking Offer (Targeted) (Expired)
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. To see if you’re targeted make sure that you check your “Activity Center” for the offer.
Editor’s Note: There is no direct link for this offer.
- What you’ll get: $500 Offer
- Eligible account: Advantage Plus Banking, Advantage Relationship Banking or Advantage SafeBalance Banking
- Where it’s available: Nationwide (Bank Locator)
(Expires December 31, 2021)
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.
| Furthermore, I would compare this offer to some of the best offers available. Current bonuses such as HSBC Premier Checking ($450 Bonus), Huntington 25 Checking ($300 Bonus), and BMO Harris Bank Premier ($500 Bonus). |
How To Earn Bonus
- 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
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
(Expired) Bank of America $2,500 Business Checking Bonus
Earn up to a $2,500 bonus when you open a Business Checking Account at Bank of America and meet all the requirements.
- What you’ll get: $2,500 Bonus
- Eligible account: Business
- Where it’s available: Nationwide
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.
How To Earn Bonus
- To receive a $1,000 bonus:
- Open a Business Advantage Checking account & one Select Business Accounts listed here:
- Small Business Credit Card. You must be approved and spend at least $2,000 on your new card within 90 days of opening your Business Advantage Checking account.
- Business Term Loan. You must be approved and open a new term loan within 90 days of opening your Business Advantage Checking account.
- Business Line Of Credit. You must be approved and open a new line of credit within 90 days of opening your Business Advantage Checking account.
- Bank Of America Merchant Services Account. You must open and activate a merchant services account and settle $10,000 of funds into your Business Advantage Account within 90 days of opening it.
- Next, 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 & one Select Business Accounts listed here:
- You’ll receive an additional $500 bonus for each account you open from the above.
- 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 12 Months of McAfee Antivirus Bonus (Expired)
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.
- What you’ll get: 12 Months of McAfee Antivirus
- Where it’s available: Nationwide
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.
How To Earn Bonus
- First, sign in to Online Banking from this page. You will be redirected to the McAfee site.
- Next, create a McAfee user account and a password.
- Lastly, enter your registration information (name, address, city, state and phone number).
- This offer is available in the U.S. and Canada.
- Your subscription will automatically renew each year unless you choose to cancel.
- Before this offer expires or at any time, you can cancel the automatic renewal by contacting McAfee Customer Support at 866-622-3911.
- Additionally, customers with a current McAfee subscription are not eligible for this offer.
- Lastly, this offer and/or the eligibility requirements may be modified or terminated at any time.
Bank of America Free Admissions Bonus (Expired)
Bank of America offers customers the chance to get into many museums for FREE.
- What you’ll get: Free Admissions
- Where it’s available: Nationwide
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.
How To Earn Bonus
- 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.
- 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.
- 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 (Expired)
Earn up to a $300 bonus when you open a Checking Account at Bank of America and meet all the requirements.
- What you’ll get: $300 Bonus
- Eligible account: Checking
- Where it’s available: Nationwide
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.
How To Earn Bonus
- $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.
- 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 Savings Bonus (Expired)
Qualified customers can take advantage of a targeted offer from Bank of America with a new Savings Account. Simply meet the requirements below.
- What you’ll get: $250 Bonus
- Eligible account: Savings Account
- Where it’s available: Nationwide
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.
How To Earn Bonus
- 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.
- 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.
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.
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.
When will you update offers for 2022?