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Bank of America Advantage Banking

Choose your setting

If life changes, you can always switch your setting later — without opening a new checking account.

Bank of America Advantage SafeBalance Banking

Say goodbye to paper checks — and to overdraft fees

$XXXX per month

Want the fee waived?

We'll waive the $XXXX monthly fee each statement cycle that you:

  • Are a student under 24 enrolled in a high school, university or vocational program
  • OR
  • Are enrolled in Preferred Rewards (applies to first 4 checking accounts)
  • OR

Bank of America Advantage Plus Banking

More features, more options, more ways to waive the monthly maintenance fee

$XXXX per month

Want the fee waived?

We'll waive the $XXXX monthly fee each statement cycle that you:

  • Have at least one qualifying direct deposit of $XXXX+
  • OR
  • Maintain a $XXXX minimum daily balance
  • OR
  • Are enrolled in Preferred Rewards (applies to first 4 checking accounts)
  • OR
  • Are a student under 24 enrolled in a high school, university or vocational program
  • OR

Bank of America Advantage Relationship Banking

All you get with Plus along with earned interest and other perks

$XXXX per month

Want the fee waived?

We'll waive the $XXXX monthly fee each statement cycle that you:

What's the advantage?

Customize your account to fit your needs and experience our full scope of services

Customize your account to fit your needs and experience our full scope of services

Customize your account to fit your needs and experience our full scope of services

Easy, anytime access

Easy, anytime access

Visit us at thousands of financial centers and ATMs or have a quick chat with Erica, your virtual banking assistant.

Visit us at thousands of financial centers and ATMs or have a quick chat with Erica, your virtual banking assistant.

Visit us at thousands of financial centers and ATMs or have a quick chat with Erica, your virtual banking assistant.

Convenient ways to pay

24/7 security

Use your debit card, a digital wallet, or pay friends securely with Zelle® right from your phone.

Total Security Protection® and fraud monitoring. Safer sign-in, card locking features and more.

Total Security Protection® and fraud monitoring. Safer sign-in, card locking features and more.

Hello, I am Erica your virtual financial assistant.  I make it easy for you to stay on top of your finances, from your app.

24/7 security

Convenient ways to pay

Total Security Protection® and fraud monitoring. Safer sign-in, card locking features and more.

Use your debit card, a digital wallet, or pay friends securely with Zelle® right from your phone.

Use your debit card, a digital wallet, or pay friends securely with Zelle® right from your phone.

Smart money management tools

Smart money management tools

Set custom alerts and savings goals. Get cash back deals and rewards customized for you.

Set custom alerts and savings goals. Get cash back deals and rewards customized for you.

Set custom alerts and savings goals. Get cash back deals and rewards customized for you.

Here's how it works

Bank of America Advantage Banking is a checking account with 3 settings. Pick the 1 that works.

If life changes, just switch it up.

Advantage SafeBalance

Say goodbye to paper checks — and to overdraft fees

Advantage Plus

More features, more options, more ways to waive the monthly fee

Advantage Relationship

All you get with Plus along with earned interest and other perks

Bank of America Advantage SafeBalance Banking

Say goodbye to paper checks — and to overdraft fees

  • Get help spending only the money you have available
  • Pay with a debit card, Zelle®, Mobile or Online banking - no paper checks available
  • No overdraft fees
  • No monthly fee for eligible students

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

  • Are a student under 24 enrolled in school
  • OR
  • Are enrolled in Preferred Rewards
  • OR

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Preferred Rewards Tiers image

Bank of America Advantage SafeBalance Banking

Say goodbye to paper checks — and to overdraft fees

  • Get help spending only the money you have available
  • Pay with a debit card, Zelle®, Mobile or Online banking - no paper checks available
  • No overdraft fees
  • No monthly fee for eligible students

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

  • Are a student under 24 enrolled in school
  • OR
  • Are enrolled in Preferred Rewards
  • OR

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Bank of America Advantage Plus Banking

More features, options and ways to waive the monthly fee

  • Choose from multiple ways to waive the monthly fee
  • Pay with a debit card, Zelle®, Mobile and Online banking or paper checks (if purchased)
  • Add optional Overdraft Protection
  • No monthly fee for eligible students

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

  • Have at least one qualifying direct deposit of $XXXX+
  • OR
  • Maintain a $XXXX minimum daily balance
  • OR
  • Are enrolled in Preferred Rewards
  • OR
  • Are a student under 24 enrolled in school
  • OR

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Preferred Rewards Tiers image

Bank of America Advantage Plus Banking

More features, options and ways to waive the monthly fee

  • Choose from multiple ways to waive the monthly fee
  • Pay with a debit card, Zelle®, Mobile and Online banking or paper checks (if purchased)
  • Add optional Overdraft Protection
  • No monthly fee for eligible students

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

  • Have at least one qualifying direct deposit of $XXXX+
  • OR
  • Maintain a $XXXX minimum daily balance
  • OR
  • Are enrolled in Preferred Rewards
  • OR
  • Are a student under 24 enrolled in school
  • OR

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Bank of America Advantage Relationship Banking

All you get with Plus along with earned interest and other perks

  • Earn interest on your balance see rates
  • Get fee waivers on select services including:
    - Additional checking or savings accounts
    - Incoming domestic wires
    - Standard check purchases
  • Add optional Overdraft Protection

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Preferred Rewards Tiers image

Bank of America Advantage Relationship Banking

All you get with Plus along with earned interest and other perks

  • Earn interest on your balance see rates
  • Get fee waivers on select services including:
    - Additional checking or savings accounts
    - Incoming domestic wires
    - Standard check purchases
  • Add optional Overdraft Protection

$XXXX or $0 monthly fee

We'll waive the monthly maintenance fee each statement cycle that you:

You can always refer to our clarity statement if you have questions about your account.

Preferred Rewards

Enroll to get more rewards with your everyday banking. Benefits grow as your qualifying balances increase. Learn more about Preferred Rewards

Bank of America Advantage SafeBalance Banking
OpenAdvantage Safe Balance now
Bank of America Advantage Plus Banking
OpenAdvantage Plus now
Bank of America Advantage Relationship Banking
OpenAdvantage Relationship now
Minimum opening deposit
$XXXX
$XXXX
$XXXX
Monthly maintenance fee
$XXXX
$XXXX
$XXXX
Ways to avoid the monthly maintenance fee each statement cycle
Be enrolled in Preferred Rewards
Students under age 24 may be eligible for a monthly maintenance fee waiver while enrolled in school.
Have at least one qualifying direct deposit of $XXXX+
OR
Maintain a $XXXX minimum daily balance
OR
Be enrolled in Preferred Rewards
Students under age 24 may be eligible for a monthly maintenance fee waiver while enrolled in school.
Maintain a combined balance of $XXXX or more in eligible linked accounts. Learn about combined balances
OR
Be enrolled in Preferred Rewards
Ways to pay
Debit chip card
Zelle®
Digital Wallet
No paper checks
Debit chip card
Zelle®
Digital Wallet
Paper checks (if purchased)
Debit chip card
Zelle®
Digital Wallet
Paper checks (if purchased)
APY (Annual Percentage Yield)
N/A
N/A
Balances = %
Balances = %
Balances = %
Overdraft options and fees
What happens if I don't have enough money to cover a transaction?
Transactions will be declined or returned unpaid when you have insufficient funds.
At account opening, choose an overdraft setting. This determines how we handle transactions when you have insufficient funds.
At account opening, choose an overdraft setting. This determines how we handle transactions when you have insufficient funds.
Can I enroll in Overdraft Protection?
No
Overdraft Protection is not available for this account setting.
Yes
You can link an eligible Bank of America account to cover transactions that exceed your account balance. Fees may apply.
Yes
You can link an eligible Bank of America account to cover transactions that exceed your account balance. Fees may apply.
Overdraft Item fee
N/A
There are no bank fees for overdraft items.
$35.00
Applies to each item that we pay into overdraft.
$35.00
Applies to each item that we pay into overdraft.
Non-Sufficent Funds (NSF): Returned Item fee
N/A
There are no bank fees for returned items.
$35.00
Applies to each item that we decline or return unpaid.
$35.00
Applies to each item that we decline or return unpaid.
Refer to the Advantage Banking Clarity Statement for more details
Bank of America Advantage SafeBalance Banking
OpenAdvantage Safe Balance now
Bank of America Advantage Plus Banking
OpenAdvantage Plus now
Bank of America Advantage Relationship Banking
OpenAdvantage Relationship now
Here's what you'll get with each account setting

Fraud protection

Our $0 Liability Guarantee credits fraudulent transactions made with your debit card back to your account as soon as the next business day if your card is lost or stolen.

Mobile deposits

Deposit a check into your account using the camera on your smartphone or tablet and the Mobile Banking app. Don't worry: Check images are stored securely at the bank and never on your device.

Better budgeting

You can see the big picture with our interactive Spending and Budgeting tool. Track your habits and set up budgets to take more control over your money.

Debit lock/unlock

Misplaced your debit card? We help you prevent unauthorized purchases and withdrawals by letting you lock your debit card right from our app or Online Banking.

Custom alerts

Know now and react fast to important account changes. You can set custom alerts via email or text for things like a low balance, a pending deposit, an upcoming bill and more.

Here's what you'll get with each account setting

Fraud protection

Our $0 Liability Guarantee credits fraudulent transactions made with your debit card back to your account as soon as the next business day if your card is lost or stolen.

Mobile deposits

Deposit a check into your account using the camera on your smartphone or tablet and the Mobile Banking app. Don't worry: Check images are stored securely at the bank and never on your device.

Better budgeting

You can see the big picture with our interactive Spending and Budgeting tool. Track your habits and set up budgets to take more control over your money.

Debit lock/unlock

Misplaced your debit card? We help you prevent unauthorized purchases and withdrawals by letting you lock your debit card right from our app or Online Banking.

Custom alerts

Know now and react fast to important account changes. You can set custom alerts via email or text for things like a low balance, a pending deposit, an upcoming bill and more.

Not sure which setting to choose?

Select two settings to compare
 
 
 

The student advantage

We remember what it's like just starting out. That's why we waive our monthly maintenance fee for qualifying students.

Student waivers for Advantage SafeBalance and Advantage Plus

Students under age 24 are eligible for a waiver of the monthly maintenance fee for the Advantage SafeBalance and the Advantage Plus setting while enrolled in a high school, college, university or vocational program.

Please refer to your Personal Schedule of Fees for details.

Looking for more?

Top Checking FAQs
How can I open a checking account with Bank of America?

You can apply online for a checking account, savings account, CD or IRA. Simply select an account, enter your personal information, verify your information and choose features & funding options. You will receive an email once your application is received and a follow-up email telling you whether it has been approved, plus any next steps.

How do I enroll in Online Banking?

Online Banking enrollment is easy—and takes just a few minutes. Enroll now in Online Banking.

How do I find my checking account number?

Sign in to Online Banking and select your account from the Accounts Overview page, then go to the Information & Services tab. Your account number can be displayed by clicking the Show link in the Account Details section.

See all checking FAQs

Let's get started

Change your mind? No problem. Call us or come in to switch settings.

Compare Settings

Bank of America Advantage SafeBalance BankingBank of America Advantage Plus BankingBank of America Advantage Relationship Banking
Open nowOpen nowOpen now
Minimum opening deposit

$XXXX

$XXXX

$XXXX

Monthly maintenance fee

$XXXX

$XXXX

$XXXX

Ways to avoid the monthly maintenance fee each statement cycle

Be enrolled in Preferred Rewards

Students under age 24 may be eligible for a monthly maintenance fee waiver while enrolled in school.

Have at least one qualifying direct deposit of $XXXX+

OR

Maintain a $XXXX minimum daily balance

OR

Be enrolled in Preferred Rewards

Students under age 24 may be eligible for a monthly maintenance fee waiver while enrolled in school.

Maintain a combined balance of $XXXX or more in eligible linked accounts. Learn about combined balances

OR

Be enrolled in Preferred Rewards

OR

Ways to pay

Debit chip card

Zelle®

Digital Wallet

No paper checks

Debit chip card

Zelle®

Digital Wallet

Paper checks (if purchased)

Debit chip card

Zelle®

Digital Wallet

Paper checks (if purchased)

APY (Annual Percentage Yield)

N/A

N/A

Balances = %

Balances = %

Balances = %

See today's interest rates

Overdraft options and fees
What happens if I don't have enough money to cover a transaction?

Transactions will be declined or returned unpaid when you have insufficient funds.

At account opening, choose an overdraft setting. This determines how we handle transactions when you have insufficient funds.

At account opening, choose an overdraft setting. This determines how we handle transactions when you have insufficient funds.

Can I enroll in Overdraft Protection?

No

Overdraft Protection is not available for this account setting.

Yes

You can link an eligible Bank of America account to cover transactions that exceed your account balance. Fees may apply.

Yes

You can link an eligible Bank of America account to cover transactions that exceed your account balance. Fees may apply.

Overdraft Item fee

N/A

There are no bank fees for overdraft items.

$35

Applies to each item that we pay into overdraft.

$35

Applies to each item that we pay into overdraft.

Non-Sufficent Funds (NSF): Returned Item fee

N/A

There are no bank fees for returned items.

$35

Applies to each item that we decline or return unpaid.

$35

Applies to each item that we decline or return unpaid.

Refer to the Advantage Banking Clarity Statement for more details

Bank of America Advantage SafeBalance Banking

Open now

Bank of America Advantage Plus Banking

Open now

Bank of America Advantage Relationship Banking

Open now

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