Choose the Business Checking Account That's Right for You
Business Economy Checking
Our basic business checking account package - with the banking essentials for every business owner
This low-cost solution provides business owners more control over fees and account activity, along with guaranteed secure Check Card purchases. It's ideal for start-ups and smaller businesses that don't currently need many of the features of our premier Business Advantage package.
No monthly maintenance fee when you enroll in Business Fundamentals and have a qualified Check Card purchase each month or when a specified balance requirement is met1
Free Online Banking service – manage your business and personal accounts from one location
Free 3-month trial of our premier online service, Online Business Suite: Account Management, Easy Online Payroll™, Express Invoicing, and Direct Payments. Certain restrictions apply2. Read terms & conditions
Our premier business checking package is a great value that provides a broad range of features to help you run your business -- easier, faster and more efficiently. It's ideal for more established businesses, especially those with employees who need more than a basic business checking account.
Great APY, currently 0.85%, on new balances of at least $10,000 in your Select Business Interest Maximizer™ Savings account. Certain restrictions
apply.**
See all rates and tiers.
Up to 3 additional accounts with no monthly maintenance fees‡
Monthly fee waived for our premier Online Business Suite Account Management service
Free introductory check package, including checks, deposit slips, and an endorsement stamp
Footnote *Business checking accounts must be opened in the state in which the business is physically located.
Footnote ‡Choose up to 3 additional accounts with no monthly maintenance fees: a Business Economy Checking account; a Business Interest Maximizer® savings account; and a Regular Checking account for your personal use.
Footnote ** Terms and Conditions: Annual Percentage Yield (APY) is effective as of 11/23/2009. Please see all rates and tiers. Premium rates only apply to amounts $10,000 and greater in "new-to-the-bank" funds. Premium rates only apply if you open a Business Advantage account. This is a variable interest rate, which means that the rate my change after the account is opened. Fees could reduce earnings on the account.
Footnote 1Bank of America will waive the monthly maintenance fee on your Business Economy Checking account for each statement period in the month following a point-of-sale Bank of America Visa Check Card purchase. For example, if you make a point-of-sale check card purchase in the month of August, your monthly maintenance fee credit will appear on your September statement. The following transactions do not qualify as point-of-sale purchases: a) ATM transactions; b) credits, such as those for purchases that are cancelled or returned, or other adjustments related to point-of-sale purchases; c) purchases of cash-like items, such as money orders, traveler’s cheques, foreign currency, cashier’s checks, gaming chips, and other similar instruments and things of value; d) account funding transactions, including transfers to open or fund deposit, escrow or brokerage accounts, and purchases of stored value cards. The account must be in good standing at the time of the purchase(s). For each month a point-of-sale Check Card purchase is not made, you will be charged your usual monthly maintenance fee if you do not meet the minimum balance requirement outlined in your Personal Schedule of Fees. We may, at our discretion and without notice to you, amend or cancel this offer at any time.
