Here you will find the latest Bank of America bonuses, offers, and promotions. Find the best Bank of America personal checking, savings, and business bonuses here.
Typical offers have been for $100, $200, $250, $300, $500, $750, $2,500.
Table of Contents
- 1 Bank of America Bonuses Review
- 2 Bank Of America Personal Checking $100 Offer
- 3 Bank of America $500 Business Checking Bonus
- 4 [Expired] Bank of America $300 Checking Bonus – Targeted
- 5 [Expired] Bank Of America $500 Checking Bonus – Targeted
- 6 [Expired] Bank Of America $300/$400/$500 Checking Bonus – Targeted
- 7 [Expired] Bank of America $2,500 Business Checking Bonus – In-Branch
- 8 [Expired] Bank of America Free Museum Admissions
- 9 [Expired] Bank of America $300 Checking Bonus
- 10 [Expired] Bank Of America $250 Savings Bonus – Targeted
- 11 How To Avoid Monthly Fee
- 12 Author’s Verdict
Bank of America Bonuses Review
Being the nation’s 2nd largest bank with nearly 5,000 branch locations, you can’t go wrong! There will be plentiful Bank of America Bank Deals & Offers that will be well worth your time!
- Availability: Nationwide (Bank Locator)
- Credit Inquiry: Varies with Offer
- Credit Card Funding: None
- Early Termination Fee: None
Bank of America has branches located across the following states: AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, KS, MA, MD, ME, MI, MO, NC, NH, NJ, NM, NV, NY, OK, OR, PA, RI, SC, TN, TX, UT, VA, and WA. However, personal checking and savings offers appear to be available nationwide. See below for the best Bank of America Promotions.
For more options, compare Bank of America Promotions to offers from Chase Bank, HSBC, Huntington Bank, Discover Bank, TD Bank, BBVA, CIT Bank, or our list of the best bank bonuses.
Although Bank of America offers great promotions, their Savings and CD accounts won’t offer the best rates so be sure to take a look at our reviews for best Savings Rates as well as best CD Rates.
Continue reading to find out about Bank of America bonuses below.
Bank Of America Personal Checking $100 Offer
Available nationwide, you can earn up to a $100 checking offer for opening a new eligible checking account and meeting certain requirements.
- What you’ll get: $100 offer
- Where it’s available: Nationwide
- How to earn it:
- To enroll in this offer, open a new Bank of America Advantage Banking account through this page by June 30, 2022.
- Set up and receive qualifying direct deposits of $1000 or more each within 90 days of opening your new account.
- This offer is limited to new Bank of America personal checking account customers only. Use offer code DNL100CIS when opening your new account to enroll in this offer.
- When it expires: 06/30/2022
(Expires June 30, 2022)
| Furthermore, I would compare this offer to some of the best offers available for entry level checking accounts. Current bonuses such as Chase Total Checking ($200 Bonus), Discover Cash Back Debit ( up to $360 Bonus), Aspiration Spend & Save Account ($150 Bonus), as well as the Citigold® Checking Account ( Up to $1,500 Cash Bonus) are all fantastic offers. |
Bank of America $500 Business Checking Bonus
Bank of America is offering a $500 bonus to targeted Customers who open a Business Checking Account and meet all the requirements.
- What you’ll get: $500 bonus
- Where it’s available: Nationwide
- How to earn it:
- 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.
- To earn the $500 bonus:
- When it expires: 07/31/2022
(Expires 07/31/2022)
| Furthermore, I’d recommend checking out Chase Total 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). |
[Expired] Bank of America $300 Checking Bonus – Targeted
To see if you’re targeted make sure that you check your “Activity Center” for the $300 offer.
- What you’ll get: $300 bonus
- Where it’s available: Nationwide
- 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.
- Open a new Bank of America Advantage Banking account by April 30, 2022.
- Set up and receive Qualifying Direct Deposits of $4,000 or more within 90 days of account opening.
- When it expires: 04/30/2022
(Expires April 30, 2022)
[Expired] Bank Of America $500 Checking Bonus – Targeted
To see if you’re targeted make sure that you check your “Activity Center” for the $500 offer.
- What you’ll get: $500 bonus
- Where it’s available: Nationwide
- How to earn it:
- 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 totaling $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
- Bank of America is offering a bonus of $500 when you open a new checking account and complete ONE the following requirements:
- When it expires: 12/31/2021
(Expired)
| Compare this offer to some of the higher end checking offers available. Current bonuses such as HSBC Premier Checking ($500 Bonus), Huntington 25 Checking ($300 Bonus), U.S. Bank Checking (up to $400 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
[Expired] Bank Of America $300/$400/$500 Checking Bonus – Targeted
Qualified customers can take advantage of a targeted offer from Bank of America with a new Checking Account. Simply meet the requirements below.
- What you’ll get: $300/$400/$500 bonus
- Where it’s available: Nationwide
- How to earn it:
- $300 bonus:
- To be enrolled in this offer, you must have accessed this page via direct communication (email or digital ad) from Bank of America
- Open a new Bank of America Advantage Banking account by December 31, 2020.
- Set up and receive qualifying direct deposits of $4,000 or more into your new account within 90 days of account opening.
- $400 bonus:
- To be enrolled in this offer, you must have accessed this page via direct communication (email or digital ad) from Bank of America
- Open a new Bank of America Advantage Banking account by December 31, 2020.
- Set up and receive qualifying direct deposits of $4,000 or more into your new account within 90 days of account opening.
- $500 Bonus:
- Open a new Bank of America Advantage Checking (any version) and receive a $500 bonus when you
- Set up and receive qualifying direct deposits totaling $10,000 or more within the first 90 days of opening your new checking account OR you deposit $50,000 of new money in the account within 30 days and hold for 90 days.
- Open a new Bank of America Advantage Checking (any version) and receive a $500 bonus when you
- $500 Bonus:
- Open a new Bank of America Advantage Checking (any version) and receive a $300 bonus when you set up and receive qualifying direct deposits totaling $4,000 or more within the first 90 days of opening your new checking account.
- Additionally, you can open up a savings account and deposit $20,000 and receive an additional $200 bonus
- $300 bonus:
- When it expires: 12/31/2020
Editor’s Note: Another round of targeted promo has gone out, this time, the expiration date is December 31, 2020.
[Expired] Bank of America $2,500 Business Checking Bonus – In-Branch
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
- Where it’s available: Nationwide (In-Branch)
- How to earn it:
- To receive a $1,000 bonus:
- Open a Business Advantage Checking account plus one of the 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.
- 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 plus one of the Select Business Accounts listed here:
- You’ll receive an additional $500 bonus for each account you open from the above.
- To receive a $1,000 bonus:
- When it expires: Unknown
[Expired] Bank of America Free Museum Admissions
All you need is a Bank of America or Merrill Lynch credit or debit card. Just by showing your card and your photo ID, you’ll get free admission to over 150 participating museums the first weekend of every month!
(There is No Expiration Date)
[Expired] Bank of America $300 Checking Bonus
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
- Where it’s available: Nationwide *Targeted*
- How to earn it:
- $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.
- $300 bonus:
- When it expires: 08/31/2020
[Expired] Bank Of America $250 Savings Bonus – Targeted
Qualified customers can earn a $250 bonus with a new Savings Account.
- What you’ll get: $250 bonus
- Where it’s available: Nationwide
- How to earn it:
- Request enrollment in the offer from a Bank of America associate or by clicking the enrollment link in 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.
- When it expires: 09/30/2020
(Expires September 30, 2020)
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
Author’s Verdict
Bank of America is offering a wide variety of promotions for Checking, Savings and Business accounts with fairly easy requirements. Most of these bonuses require an account with direct deposit as well as opening another bank account. I would highly recommend you thoroughly read the requirements for each bonus in order to earn the full promotion.
If your state does not have a Bank of America, I would highly suggest taking a look at our reviews of Chase Bank Bonuses and Wells Fargo Bank Bonuses as they are typically more popular and available nationwide. If you saw an offer you liked, I recommend you act soon before the promotion ends! Additionally, the promotions are soft pull, so it won’t affect your credit score.
Bookmark this page for more of the latest Bank of America Promotions!
Hello
what do they require to open the business account? I haven’t any permit or anything yet so I was just wondering.
thank you
Sharon
Hello Sharon Bell,
Thank you for your consistent visit at BankDealGuy! Generally for business accounts, you will need proof of identity and your address. In addition, you will or may need documentation depending on what type of business you have (whether you’re a sole proprietor, sole trader, company, etc). For additional information and FAQs, I’ve listed the links below and their customer service number is 866.543.2808. Hope this helps! -Danny
https://www.bankofamerica.com/help/bus_deposits.go
https://www.bankofamerica.com/smallbusiness/resources/faqs.go