Available Nationwide (Online Only)
Requirements
- Open a new Business Advantage Fundamentals or Business Advantage Relationship account.
- Make qualifying deposits of $5,000 or more in new money* directly into a new eligible Bank of America Business Advantage checking account within thirty (30) days of account opening
- Maintain an average balance of $5,000 from days 31 – 90 after account opening.
- Bonus will be deposited into the Business Advantage checking account within meeting requirements.
How to waive fees
(Business Advantage Fundamentals)
$5,000 combined average balance OR
$250 in new net purchases with the business debit card OR
Enrollment in Preferred Rewards for Business (only for first four checking accounts per business).
(Business Advantage Relationship)
$15,000 combined average balance OR
Enrollment in Preferred Rewards for Business (only for first four checking accounts per business).
Additional Terms and Conditions
*New Money is new funds deposited into your Business Advantage checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
The value of this bonus may constitute taxable income to you.
This offer is available to business owners who apply for a new business account online only. 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. Bank of America employees are not eligible for this offer.