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Bank of America Advantage Banking

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Bank of America Advantage Banking

Get the flexibility you deserve with three distinct accounts to meet you wherever you are in your journey.

What is a checking account?

A checking account is a type of deposit account that enables you to deposit and withdraw available funds on demand, typically by writing a check or using a debit card. Checking accounts are sometimes interest-bearing.

SafeBalance®

Simple Banking with an easy-to-use experience

Advantage Plus Banking

Flexible Banking with more features and options

Advantage Relationship Banking

Comprehensive Banking that unlocks additional benefits

Bank of America Advantage SafeBalance Banking®

About SafeBalance®:

  • Digital banking in the palm of your hands — no paper check writing
  • Helps keep you from spending more than you have — no overdraft feesadatext
  • Peace of mind with our $0 Liability Guarantee
  • A great start for students and young adults
Open now
Open a SafeBalance account now
Bank On certified SafeBalance® is certified as meeting Bank On National Account Standards for safe and affordable bank accounts.

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that:

  • An owner of this account is under the age of 25adatext
    • Or
  • Maintain a minimum daily balance of $500 or more in your account
    • Or
  • Are a member in our Preferred Rewards programadatext
    • Or

To view all fees see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

Not sure if SafeBalance® is right for you? Answer 4 questions to help find your fit

Bank of America Advantage SafeBalance Banking®

About SafeBalance®:

  • Digital banking in the palm of your hands — no paper check writing
  • Helps keep you from spending more than you have — no overdraft feesadatext
  • Peace of mind with our $0 Liability Guarantee
  • A great start for students and young adults
Open a SafeBalance account now

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that:

  • An owner of this account is under the age of 25adatext
    • Or
  • Maintain a minimum daily balance of $500 or more in your account
    • Or
  • Are a member in our Preferred Rewards programadatext
    • Or

To view all fees see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

Bank On certified SafeBalance® is certified as meeting Bank On National Account Standards for safe and affordable bank accounts.

Bank of America Advantage Plus Banking®

About Advantage Plus Banking:

  • Digital banking with the choice to pay using a variety of payment options
  • Multiple ways to waive your monthly maintenance fee, including direct deposit
  • Option to enroll in Balance Connect for Overdraft Protectionadatext
  • Peace of mind with our $0 Liability Guarantee
Open now
Open an Advantage Plus account now

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that you:

To view all fees see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

Not sure if Advantage Plus Banking is right for you? Answer 4 questions to help find your fit

Bank of America Advantage Plus Banking®

About Advantage Plus Banking:

  • Digital banking with the choice to pay using a variety of payment options
  • Multiple ways to waive your monthly maintenance fee, including direct deposit
  • Option to enroll in Balance Connect for Overdraft Protectionadatext
  • Peace of mind with our $0 Liability Guarantee
Open an Advantage Plus account now

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that you:

To view all fees see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

Bank of America Advantage Relationship Banking®

About Advantage Relationship Banking:

  • Earns Interest
  • No fees on select banking servicesadatext
  • No fees on up to three additional checking and four additional saving accounts
  • Option to enroll in Balance Connect for overdraft connectionadatext
  • Peace of mind with our $0 Liability Guarantee
Open now
Open an Advantage Relationship accountnow

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that you:

  • Maintain a minimum daily balance of $20,000 or more in in your account
    • Or
  • Are a member in our Preferred Rewards programadatext
    • Or

To view all fees and additional information on how to link eligible accounts, see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

Not sure if Relationship is right for you? Answer 4 questions to help find your fit

Bank of America Advantage Relationship Banking®

About Advantage Relationship Banking:

  • Earns Interest
  • No fees on select banking servicesadatext
  • No fees on up to three additional checking and four additional saving accounts
  • Option to enroll in Balance Connect for overdraft connectionadatext
  • Peace of mind with our $0 Liability Guarantee
Open an Advantage Relationship accountnow

$XXXX or $0 monthly fee

No monthly maintenance fee each statement cycle that you:

  • Maintain a minimum daily balance of $20,000 or more in in your account
    • Or
  • Are a member in our Preferred Rewards programadatext
    • Or

To view all fees and additional information on how to link eligible accounts, see the Personal Schedule of Fees. You can also refer to our Clarity Statement for additional information.

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,adatext your virtual banking assistant.

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

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

Convenient ways to pay

24/7 security

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

Total Security Protection® and fraud monitoring. Safer login,adatext card locking featuresadatext and more.

Total Security Protection® and fraud monitoring. Safer login,adatext card locking featuresadatext 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 login,adatext card locking featuresadatext and more.

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

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

Smart money management tools

Smart money management tools

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

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

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

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 or $0
$XXXX or $0
$XXXX or $0
How to avoid the monthly maintenance fee each statement cycle
An owner of this account is under the age of 25adatext
Or
Maintain a minimum daily balance of $500 or more in your account
Or
Are a member in our Preferred Rewards programadatext
Have at least one qualifying direct deposit of $XXXX or more made to your account
Or
Maintain a minimum daily balance of $XXXX or more in your account
Or
Are a member in our Preferred Rewards programadatext
We'll waive the monthly maintenance fee each statement cycle that you:
Maintain a minimum daily balance of $20,000 or more in your account
Or
Are a member in our Preferred Rewards programadatext
To view all fees and additional information on how to link eligible accounts, see the Personal Schedule of Fees You can also refer to our Clarity Statement for additional information.
Ways to pay
Debit chip card
Zelle®
Digital Wallet
Debit chip card
Zelle®
Digital Wallet
Paper checks (if purchased)
Debit chip card
Zelle®
Digital Wallet
Paper checks (if requested/purchased)
APY (Annual Percentage Yield)adatext
N/A
N/A
Balance
APY
XXXX
XXXX%
XXXX
XXXX%
XXXX
XXXX%
Overdraft policy 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.adatext This determines how we handle transactions when you have insufficient funds.
At account opening, choose an Overdraft Setting.adatext This determines how we handle transactions when you have insufficient funds.
Balance Connect® for Overdraft Protectionadatext
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.
There is no transfer fee however other fees and charges may apply.
Yes
You can link an eligible Bank of America account to cover transactions that exceed your account balance.
There is no transfer fee however other fees and charges may apply.
Overdraft Item feeadatext
N/A
Transactions will be declined or returned unpaid when they exceed your balance.
$10
Applies to each item that we pay into overdraft.
$10
Applies to each item that we pay into overdraft.
Refer to the SafeBalance Clarity Statement for more details
Refer to the Advantage Plus 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

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Select two settings to compare
 
 
 

Compare layer
Here's what you'll get with each account
Here's what you'll get with each account

Fraud protection

Our $0 Liability Guaranteeadatext 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 depositsadatext

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.adatext Track your habits and set up budgets to take more control over your money.

Debit card controlsadatext

Lock a missing card quickly and easily to prevent unauthorized use. Need your new card fast? Request a digital card through our mobile app. Cards can be added to a digital wallet for use at stores, cardless ATMs and more.

Custom alerts

Know now and react fast to important account changes. You can set custom alertsadatext 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

Fraud protection

Our $0 Liability Guaranteeadatext 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 depositsadatext

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.adatext Track your habits and set up budgets to take more control over your money.

Debit card controlsadatext

Lock a missing card quickly and easily to prevent unauthorized use. Need your new card fast? Request a digital card through our mobile app. Cards can be added to a digital wallet for use at stores, cardless ATMs and more.

Custom alerts

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

Open your account now layer

Just starting out?

We remember what it's like just starting out. That's why there is no monthly maintenance fee for account owners under 25.adatext

Learn more about student banking for students and young adults

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?

|

Let's get started

Open your account now layer

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

Compare Settings

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

$XXXX

$XXXX

$XXXX

Monthly maintenance fee

$XXXX

$XXXX

$XXXX

How to avoid the monthly maintenance fee each statement cycle

An owner of this account is under the age of 25adatext

Or

Maintain a minimum daily balance of $500 or more in your account

Or

Are a member in our Preferred Rewards programadatext

Have at least one qualifying direct deposit of $XXXX or more made to your account

Or

Maintain a minimum daily balance of $XXXX or more in your account

Or

Are a member in our Preferred Rewards programadatext

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

Maintain a minimum daily balance of $20,000 or more in your account

Or

Are a member in our Preferred Rewards programadatext

Ways to pay

Debit chip card

Zelle®

Digital Wallet

Debit chip card

Zelle®

Digital Wallet

Paper checks (if purchased)

Debit chip card

Zelle®

Digital Wallet

Paper checks (if requested/purchased)

APY (Annual Percentage Yield)adatext

N/A

N/A

Balance
APY
XXXX
XXXX%
XXXX
XXXX%
XXXX
XXXX%

Overdraft policy 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.adatext This determines how we handle transactions when you have insufficient funds.

At account opening, choose an Overdraft Setting.adatext This determines how we handle transactions when you have insufficient funds.

Balance Connect® for Overdraft Protectionadatext

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.

There is no transfer fee however other fees and charges may apply.

Yes

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

There is no transfer fee however other fees and charges may apply.

Overdraft Item feeadatext

N/A

Transactions will be declined or returned unpaid when they exceed your balance.

$10

Applies to each item that we pay into overdraft.

$10

Applies to each item that we pay into overdraft.

Refer to the SafeBalance Clarity Statement for more details

Refer to the Advantage Plus Banking Clarity Statement for more details

Refer to the Advantage Relationship Banking Clarity Statement for more details

Bank of America Advantage SafeBalance Banking®Bank of America Advantage Plus Banking®Bank of America Advantage Relationship Banking®
Open nowOpen nowOpen now
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