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.
Update 10/24/24: The offer has been extended through 12/31/24, Bank of America is offering a $200 cash bonus offer when you open a qualifying business checking account. The requirements are very simple to complete to earn the bonus.
- 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 12/31/2024.
- 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 $250 in new net qualified purchases.
- Starting Nov 1, 2024, the Monthly Fee can be avoided when you use your Bank of America business debit card to make at least $500 in new net qualified purchases.
- Business Advantage Relationship Banking Marketing options:
- Monthly Fee: $29.95 – Pay no monthly fee 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
- Bank of America® Business Advantage Fundamentals™ Banking:
(Visit Bank of America to learn more)
