Bank of America Advantage Banking: Open a Checking Account Today

Q: How are checking, savings and certificate of deposit (CD) accounts different?

A checking account is for using your money for everyday needs, like making purchases or payments. Checking accounts usually offer a debit card to use online, at stores and at ATMs. Some checking accounts offer paper checks for making payments. A savings account is for setting aside money for longer-term goals. Savings accounts earn interest and may offer an ATM card for making deposits and getting cash. If you have a Bank of America checking and savings account , you can link them together and access both accounts at ATMs with your debit card. However, debit card payments and purchases withdraw from your checking account. A certificate of deposit (CD) account is for setting aside money for a set time — from 1 month to several years. CDs may pay more interest, but your access to your money is limited until the end of the set time.

Get the flexibility you deserve. Choose a checking account to meet you where you are in your journey.

Parent-owned

SafeBalance Banking^® for Family Banking

A parent-owned account that your child can use

Open now - SafeBalance Banking for Family Banking

$4.95 or $0

Parental controls and alerts on spending
No monthly fee until child is age 25^Footnote[1]
Debit card and online access available for your child
No direct deposit or Zelle^®

For existing customers^Footnote[2], online application only

Simple

Advantage SafeBalance Banking

Simple banking with an easy-to-use experience

Open now - Advantage SafeBalance Banking

$4.95 or $0

Digital banking — no paper check writing
A great start for students and young adults — no monthly fee if under age 25^Footnote[1]
Helps prevent overspending — no Overdraft Item Fees^Footnote[3]

Flexible

Advantage Plus
Banking

Flexible banking to meet your needs

Open now - Advantage Plus Banking

$12 or $0

Digital banking with a variety of payment options
Multiple ways to waive your monthly maintenance fee, including direct deposit
Offers Balance Connect^® for overdraft protection^Footnote[4]

Comprehensive

Advantage Relationship Banking

Comprehensive banking to make the most of your banking relationship

Open now - Advantage Relationship Banking

$25 or $0

Earns interest
No monthly maintenance fee on select additional consumer checking or savings accounts you own^Footnote[5]
No fees on select banking services^Footnote[6]

To view fees, see the Personal Schedule of Fees (PDF) and Clarity Statement.

SafeBalance Banking^® for Family Banking

$0 Liability Guarantee^Footnote[7]
Custom alerts ^Footnote[8]
Erica^® virtual financial assistant age 13+ ^Footnote[9]
Parent can withdraw and deposit money with
Start of dialog content
Limitations on parent deposits
As the parent, you can add money to this account by:
Transfer from your Bank of America checking or savings accounts
Mobile check deposit
ATM
This account does not offer external money transfers into the account, including direct deposit, wires, ACH transactions and transfers from other banks.
End of dialog content
Optional child debit card and Online Banking login
Start of dialog content
Child login at age 6 or older with limitations
This account provides a limited online experience for your child.
Children age 6 or older can have their own Online Banking login and can:
View account balances
Monitor transactions
Set alerts
Here are some things they can't do:
See or access your other Bank of America accounts
Deposit money
Lock or unlock their debit card
For a full list of what your child can do with this account, refer to the Personal Schedule of Fees (PDF).
End of dialog content
Child can withdraw, but not deposit money

Advantage SafeBalance Banking

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant^Footnote[9]

Bank On certified

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

Advantage Plus Banking

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant^Footnote[9]

Advantage Relationship Banking

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant ^Footnote[9]
^Footnote[10]
No fees on
Start of dialog content
Select banking services
Select banking services include:
Standard checks
Incoming domestic wires
Stop payments
Outgoing wires sent in foreign currency
Statement paper copies
See the Personal Schedule of Fees (PDF) for details
End of dialog content
No monthly maintenance fee on select additional consumer checking or savings accounts you own^Footnote[5]

SafeBalance Banking^® for Family Banking

$4.95 or $0

$0 for each statement cycle that:

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

Your child is under age 25^Footnote[1]

An account owner is a member of the Preferred Rewards program^Footnote[11]

Effective on or about May 26, 2026, the Preferred Rewards program will become BofA Rewards, and an account owner will need to be enrolled in BofA Rewards and qualify for the Preferred Plus, Preferred Honors, or Premier tiers to waive their monthly maintenance fee. For more information about BofA Rewards program eligibility, review the Preferred Rewards section of the Personal Schedule of Fees and for a summary of new BofA Rewards benefits, refer to: bankofamerica.com/BofARewards

Advantage SafeBalance Banking

$4.95 or $0

$0 for each statement cycle that:

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

An account owner is under age 25^Footnote[1]

Advantage Plus Banking

$12 or $0

$0 for each statement cycle that:

You maintain a minimum daily balance of $1,500 or more in your account

You have at least 1 qualifying direct deposit of $250 or more made to your account

Advantage Relationship Banking

$25 or $0

$0 for each statement cycle that:

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

SafeBalance Banking^® for Family Banking

$25

Advantage SafeBalance Banking

$25

Advantage Plus Banking

$100

Advantage Relationship Banking

$100

SafeBalance Banking^® for Family Banking

Parent-owned
1 parent and 1 child per account ^Footnote[12]
Parent must be age 18 or older, and have an
Child must be under age 18 at account opening

Advantage SafeBalance Banking

Age 16 or older
Under age 16 must co-own with adult
Schedule an appointment at a financial center to open an account with someone under age 13

Advantage Plus Banking

Age 18 or older
Under age 18 must co-own with an adult
Schedule an appointment at a financial center to open an account with someone under age 13

Advantage Relationship Banking

Age 18 or older
Under age 18 must co-own with an adult
Schedule an appointment at a financial center to open an account with someone under age 13

SafeBalance Banking^® for Family Banking

Debit card for parent and child
Digital wallet

Advantage SafeBalance Banking

Debit card
Digital wallet
^Footnote[13]

Advantage Plus Banking

Debit card
Digital wallet
^Footnote[13]
Paper checks

Advantage Relationship Banking

Debit card
Digital wallet
^Footnote[13]
Paper checks

SafeBalance Banking^® for Family Banking

This account is set to the Decline All overdraft setting. Transactions are declined or returned unpaid when they exceed your available balance. We won’t charge you an overdraft fee, but the payee may charge fees.^Footnote[14]

Advantage SafeBalance Banking

This account is set to the Decline All overdraft setting. Transactions are declined or returned unpaid when they exceed your available balance. We won’t charge you an overdraft fee, but the payee may charge fees.^Footnote[14]

Advantage Plus Banking

Option to enroll in:
Start of dialog content
Balance Connect^® for overdraft protection
You can link up to 5 eligible Bank of America accounts to this checking account to cover transactions. When there isn't enough money in your checking account to pay for an item, available funds are automatically transferred from the linked backup accounts to your checking account. There’s no transfer fee, but other charges may apply. For example, transfers from a linked credit card or HELOC may result in interest charges.
End of dialog content
^Footnote[4]
And choice of overdraft setting ^Footnote[15]:
Start of dialog content
Overdraft settings:
Standard or Decline All
Choose how you want us to handle checks and scheduled payments when there isn’t enough money in your checking account to cover transactions.
We won't authorize ATM withdrawals or debit card purchases when there’s not enough money in your account to cover the transactions. For other payments, at our discretion, we may authorize and pay the item and overdraw your account (an overdraft item), or decline or return the item unpaid (a returned item). Review the Deposit Agreement and Disclosures (PDF) and Personal Schedule of Fees (PDF) for details.
Standard setting
Your checks and scheduled payments may be paid and cause an overdraft. There’s a $10 fee^{Footnote 1} when we make the payment and overdraw your account. We won’t charge a fee for the returned items, but the payee may.
Decline All setting
Your checks and scheduled payments will be declined or returned unpaid. We won’t charge a fee for returned items, but the payee may.
We’ll charge an Overdraft Item Fee for each item that we authorize and pay, including recurring debit card payments. We will not charge a fee to your account when we decline or return an item unpaid; however, you may be charged a fee by the payee. Please see the Personal Schedule of Fees (PDF) for your account for more details.
End of dialog content

Advantage Relationship Banking

Option to enroll in:
Start of dialog content
Balance Connect^® for overdraft protection
You can link up to 5 eligible Bank of America accounts to this checking account to cover transactions. When there isn't enough money in your checking account to pay for an item, available funds are automatically transferred from the linked backup accounts to your checking account. There’s no transfer fee, but other charges may apply. For example, transfers from a linked credit card or HELOC may result in interest charges.
End of dialog content
^Footnote[4]
And choice of overdraft setting ^Footnote[15]:
Start of dialog content
Overdraft settings:
Standard or Decline All
Choose how you want us to handle checks and scheduled payments when there isn’t enough money in your checking account to cover transactions.
We won't authorize ATM withdrawals or debit card purchases when there’s not enough money in your account to cover the transactions. For other payments, at our discretion, we may authorize and pay the item and overdraw your account (an overdraft item), or decline or return the item unpaid (a returned item). Review the Deposit Agreement and Disclosures (PDF) and Personal Schedule of Fees (PDF) for details.
Standard setting
Your checks and scheduled payments may be paid and cause an overdraft. There’s a $10 fee^{Footnote 1} when we make the payment and overdraw your account. We won’t charge a fee for the returned items, but the payee may.
Decline All setting
Your checks and scheduled payments will be declined or returned unpaid. We won’t charge a fee for returned items, but the payee may.
We’ll charge an Overdraft Item Fee for each item that we authorize and pay, including recurring debit card payments. We will not charge a fee to your account when we decline or return an item unpaid; however, you may be charged a fee by the payee. Please see the Personal Schedule of Fees (PDF) for your account for more details.
End of dialog content

Slide 1 of 4 - Advantage Plus Banking

Flexible

Advantage Plus
Banking

Flexible banking to meet your needs

Open now - Advantage Plus Banking

$12 or $0

Digital banking with a variety of payment options
Multiple ways to waive your monthly maintenance fee, including direct deposit
Offers Balance Connect^® for overdraft protection^Footnote[4]

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant^Footnote[9]

$12 or $0

$0 for each statement cycle that:

You maintain a minimum daily balance of $1,500 or more in your account

You have at least 1 qualifying direct deposit of $250 or more made to your account

$100

Age 18 or older
Under age 18 must co-own with an adult
Schedule an appointment at a financial center to open an account with someone under age 13

Debit card
Digital wallet
^Footnote[13]
Paper checks

Option to enroll in: ^Footnote[4]
And choice of overdraft setting ^Footnote[15]:

Comprehensive

Advantage Relationship Banking

Comprehensive banking to make the most of your banking relationship

Open now - Advantage Relationship Banking

$25 or $0

Earns interest
No monthly maintenance fee on select additional consumer checking or savings accounts you own^Footnote[5]
No fees on select banking services^Footnote[6]

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant ^Footnote[9]
^Footnote[10]
No fees on
No monthly maintenance fee on select additional consumer checking or savings accounts you own^Footnote[5]

$25 or $0

$0 for each statement cycle that:

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

$100

Age 18 or older
Under age 18 must co-own with an adult
Schedule an appointment at a financial center to open an account with someone under age 13

Debit card
Digital wallet
^Footnote[13]
Paper checks

Option to enroll in: ^Footnote[4]
And choice of overdraft setting ^Footnote[15]:

Parent-owned

SafeBalance Banking^® for Family Banking

A parent-owned account that your child can use

Open now - SafeBalance Banking for Family Banking

$4.95 or $0

Parental controls and alerts on spending
No monthly fee until child is age 25^Footnote[1]
Debit card and online access available for your child
No direct deposit or Zelle^®

For existing customers^Footnote[2], online application only

$0 Liability Guarantee^Footnote[7]
Custom alerts ^Footnote[8]
Erica^® virtual financial assistant age 13+ ^Footnote[9]
Parent can withdraw and deposit money with
Optional child debit card and Online Banking login
Child can withdraw, but not deposit money

$4.95 or $0

$0 for each statement cycle that:

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

Your child is under age 25^Footnote[1]

$25

Parent-owned
1 parent and 1 child per account ^Footnote[12]
Parent must be age 18 or older, and have an
Child must be under age 18 at account opening

Debit card for parent and child
Digital wallet

This account is set to the Decline All overdraft setting. Transactions are declined or returned unpaid when they exceed your available balance. We won’t charge you an overdraft fee, but the payee may charge fees.^Footnote[14]

Simple

Advantage SafeBalance Banking

Simple banking with an easy-to-use experience

Open now - Advantage SafeBalance Banking

$4.95 or $0

Digital banking — no paper check writing
A great start for students and young adults — no monthly fee if under age 25^Footnote[1]
Helps prevent overspending — no Overdraft Item Fees^Footnote[3]

$0 Liability Guarantee^Footnote[7]
Custom alerts^Footnote[8]
Erica^® virtual financial assistant^Footnote[9]

Bank On certified

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

$4.95 or $0

$0 for each statement cycle that:

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

An account owner is under age 25^Footnote[1]

$25

Age 16 or older
Under age 16 must co-own with adult
Schedule an appointment at a financial center to open an account with someone under age 13

Debit card
Digital wallet
^Footnote[13]

This account is set to the Decline All overdraft setting. Transactions are declined or returned unpaid when they exceed your available balance. We won’t charge you an overdraft fee, but the payee may charge fees.^Footnote[14]

To view fees, see the Personal Schedule of Fees (PDF) and Clarity Statement.

Helping keep your account secure

$0 Liability Guarantee fraud protection

Promptly tell us if your debit card is lost or stolen, and we'll credit unauthorized transactions back to your account. You could see credits as soon as the next business day.^Footnote[7]

Fast, secure sign-in

Custom alerts

Set alerts ^Footnote[8] for account changes, like unusual activity, payments and more.

Debit card controls

Lock a debit card ^Footnote[17] to prevent unauthorized use, request a digital card ^Footnote[18] and more.

Digital tools to help you in your day-to-day

Better budgeting

Track your spending with our interactive Spending and Budgeting tool.^Footnote[19]

Mobile deposits

Deposit checks with the camera on your device and our mobile app.^Footnote[20]

Erica^® virtual assistant

Erica ^Footnote[9] makes it easy for you to stay on top of your finances.

Manage your account on the go with our mobile app ^Footnote[21]

Earn rewards and save with Bank of America

Keep the Change^®

Build your savings with Keep the Change. We'll round up your Bank of America debit card purchases to the nearest dollar and transfer the difference to savings.^Footnote[22]

Learn more about Keep the Change®

BankAmeriDeals^®

Log in to your account to add deals for select restaurants and stores.^Footnote[23] Get up to 10% cash back when you pay with your eligible Bank of America debit or credit card.

Learn more about BankAmeriDeals®

Preferred Rewards

Earn rewards when you have a Bank of America checking account and $20,000 or more across eligible accounts. Save on fees, get a 25%-75% bonus on certain credit cards, receive lending discounts and more.

Program changes are coming in May 2026

Learn more about Preferred Rewards

Just starting out?

There is no monthly maintenance fee on our Advantage Safebalance Banking account if you're under age 25.^Footnote[1]

Learn more about banking for students and young adults

Resources to help you achieve your financial goals

Online Banking

Have an account with us, but need online access? Enroll in Online Banking today.

Enroll now

Better Money Habits®

Find videos, articles and tips to help you better manage your financial life.

Learn more about Better Money Habits

New to the U.S.?

Better Money Habits has resources on navigating your finances.

Learn more about resources on navigating your finances

Frequently asked questions

A checking account is a bank account where you can deposit and withdraw your money when you want. It’s the account you’ll likely use to deposit paychecks, pay bills, get cash and transfer funds. Checking accounts usually offer a debit card to use online, at stores and at ATMs. Some checking accounts offer paper checks for making payments. Some checking accounts may earn interest.

A checking account is for using your money for everyday needs, like making purchases or payments. Checking accounts usually offer a debit card to use online, at stores and at ATMs. Some checking accounts offer paper checks for making payments.

A savings account is for setting aside money for longer-term goals. Savings accounts earn interest and may offer an ATM card for making deposits and getting cash.

If you have a Bank of America checking and savings account, you can link them together and access both accounts at ATMs with your debit card. However, debit card payments and purchases withdraw from your checking account.

A certificate of deposit (CD) account is for setting aside money for a set time — from 1 month to several years. CDs may pay more interest, but your access to your money is limited until the end of the set time.

You can apply for a Bank of America checking account online or at a financial center, with a few exceptions.

For SafeBalance Banking^® for Family Banking
You can only apply online. This account is for existing Bank of America customers. You must already have a personal checking or savings account with us and an Online Banking account login.

For all other Bank of America checking accounts
If you’re applying with someone under age 13, you must apply at a financial center. Otherwise, you can apply online.

How to apply online

Select an account and choose Open now to go to the application.
Enter and verify your information.
Choose features you want to add, like a debit card.
Once approved, make the minimum opening deposit of $25 or $100, depending on the account.
Check your email for next steps.

How to find a financial center
We have thousands of financial centers and ATMs across the U.S.
Find a financial center or ATM

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government. If an FDIC-insured bank or savings association fails, the FDIC protects depositors against the loss of their insured deposits. Deposits are automatically insured up to at least $250,000 per depositor, per FDIC-insured bank, per ownership category.

FDIC deposit insurance is backed by the United States government. FDIC insurance covers all types of deposit accounts — checking, savings, money market savings and CDs — as well as bank individual retirement accounts (IRAs).

Visit the FDIC for more information.

Have more questions? Find answers at Bank of America Help

Fiduciary accounts, including trust and estate accounts, do not qualify for the under the age of 25 requirement to waive the monthly maintenance fee. Additionally, accounts do not qualify for the under the age of 25 requirement to waive the monthly fee based on the age of the Payable on Death beneficiary. When you add an owner under the age of 25 to an existing Advantage SafeBalance Banking^® account, it may take 3 business days before your account meets the requirement to have the monthly maintenance fee waived. Please refer to the Personal Schedule of Fees for more information.

To open the Advantage SafeBalance Banking® for Family Banking account, you must already have a personal Bank of America checking or savings account. Business and Merrill accounts do not qualify. You must also have an Online Banking login.

While this account prevents you from overdrawing in most cases, there may still be times when your account could have a negative balance. This could happen when the final amount of a transaction differs from the amount that was originally authorized, such as when a tip is added to a restaurant charge. If this happens, we won't charge you an Overdraft Item Fee.

Balance Connect^® for overdraft protection allows you to link your eligible checking account with up to 5 eligible Bank of America accounts for overdraft protection. This optional service can help you cover your payments and purchases and help avoid overdrafts and Overdraft Item Fees by automatically transferring available funds from your linked backup account(s) when needed. If your linked backup account does not have enough available funds to cover the necessary amount, we may decline to make the transfer. Transfers from a linked (1) brokerage account with Merrill Lynch that is enrolled in margin lending, (2) Loan Management Account (LMA^®), (3) credit card, or (4) HELOC are subject to interest charges. Please see your account agreement(s) for additional details. Balance Connect^® is not available with SafeBalance Banking^® or SafeBalance Banking^® for Family Banking as a covered or linked backup account. Balance Connect^® is available on Advantage Savings as a linked backup account, but not eligible to be enrolled as a covered account.

Bank of America Advantage Relationship^® Banking and fiduciary accounts, including trust and estate accounts, do not qualify for the Advantage Relationship Banking additional account benefit to waive the monthly maintenance fee.

No fee for incoming domestic wire transfers, stop payments and other services. Please refer to the Personal Schedule of Fees (PDF) for details.

Notify us within a reasonable time of the unauthorized use or the loss or theft of your card, card number or PIN. Certain restrictions apply. Consult your account documents for details.

You may elect to receive alerts via text or email. Bank of America does not charge for this service, but your mobile carrier's message and data rates may apply. Delivery of alerts may be affected or delayed by your mobile carrier’s coverage.

The mobile feature, Erica, is only available in the English language. This feature requires that you download the latest version of the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply. Your chat may be monitored for quality assurance. For SafeBalance Banking® for Family Banking accounts, the parent owner and their child age 13 or older have access to Erica.

Annual Percentage Yield (APY) is accurate as of March 9, 2026. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

For Preferred Rewards members in the Gold, Platinum, or Platinum Honors tiers, the monthly maintenance fee waiver applies to the first 4 checking and 4 savings accounts. The monthly maintenance fee waiver is unlimited for clients in the Diamond Honors tier. For Preferred Rewards program eligibility requirements, go to Preferred Rewards. For SafeBalance Banking® for Family Banking accounts, the parent owner can participate in the Preferred Rewards program but their child using the account cannot.

Important Information: On or about May 26, 2026, our Bank of America Preferred Rewards program will become BofA Rewards. All customers with an open, qualifying personal checking account will be eligible for enrollment in BofA Rewards. BofA Rewards will feature the following tiers based on your three-month combined average daily balance in qualifying deposit and investment assets: Member tier, less than $30,000; Preferred Plus tier, $30,000 to $100,000; Preferred Honors tier, $100,000 to $1,000,000; and Premier tier, $1,000,000 or more. If you are enrolled in the Preferred Rewards program on the transition date, your enrollment will be automatically changed to the new BofA Rewards program: current Gold and Platinum tier members will be changed to the Preferred Plus tier; current Platinum Honors members will be changed to the Preferred Honors tier; current Diamond Honors members will be changed to the Premier tier. Your current benefits will change following conversion to BofA Rewards. For BofA Rewards eligibility requirements and a summary of new benefits, please refer to: bankofamerica.com/BofARewards. Until Preferred Rewards becomes BofA Rewards, customers can only satisfy the balance requirement for Preferred Rewards enrollment through a sufficient three-month combined average daily balance in qualifying deposit and investment accounts. Customers who do not fulfill this requirement will be eligible to enroll in the Member tier of BofA Rewards upon program launch.

We define parent as a parent or legal guardian, and we define child as your child or legal dependent.

Zelle^® should only be used to send money to friends, family or others you trust. We recommend that you do not use Zelle^® to send money to those you do not know. Transfers require enrollment in the service with a U.S. checking or savings account and must be made from an eligible Bank of America consumer or business deposit account. Transactions between enrolled users typically occur in minutes and transactions between enrolled consumers do not typically incur transaction fees from Bank of America. We will send you an email alert with transaction details after you send money using Zelle^®. Dollar and frequency limits apply. See the Online Banking Service Agreement (PDF) for further details. Data connection required. Message and data rates may apply. Neither Bank of America nor Zelle^® offers purchase protection for payments made with Zelle^®. Please treat Zelle^® payments like cash, once you send the money, you are unlikely to get it back – for example, you do not receive the item you paid for using Zelle^® or the item received is not as described. Regular account fees apply. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

The Deposit Agreement and Disclosures (PDF) as well as the Personal Schedule of Fees (PDF) provide details about transaction processing and posting. They also explain how and when overdrafts may be paid, and how and when overdraft fees are assessed.

Certain devices are eligible for enrollment in Touch ID^®, Face ID^® or fingerprint login. If eligible, you will have the option to enroll by following the prompts within the Mobile Banking app. If you store multiple fingerprints on your device including those of additional persons, those persons will also be able to access your Bank of America Mobile Banking app via fingerprint, including the ability to access a call center, when Touch ID^® or fingerprint is enabled. Data connection required. Wireless carrier fees may apply.

We may allow you to lock your physical debit card or virtual cards. You must lock each card type individually. Locking your physical card will not lock your virtual cards. Similarly, locking a virtual card will not lock your physical card or any other distinct virtual card. Each virtual card must be locked individually. We may provide you the ability to apply or remove a lock at your discretion via Online and/or Mobile banking. Locking your physical debit card will not lock or prevent transactions from being authorized using your digital card for debit or for any virtual cards stored in digital wallets. Locking your card is not a replacement for reporting your card lost or stolen. This feature is available on the Mobile App for iPad, iPhone and Android devices and Online Banking for your physical debit card and on the Mobile Banking app only for your digital card. Data connection required for Mobile app and wireless carrier fees may apply.

Customers enrolled in Mobile Banking may opt to receive the digital card for debit, a virtual card that that can be accessed anytime in Mobile Banking. The digital card for debit is designed for you to always have access to your digital card credentials to make online purchases, including when you’ve just requested a new or replacement physical card and haven’t received it yet. Some transaction types may not be supported by the digital card for debit. Digital card for debit cannot be used for in person sales unless it’s added/loaded to your digital wallet. You must have a physical debit card or have ordered a new or replacement physical debit card to get a digital card for debit. Not all clients are eligible for a digital card for debit.

The Spending & Budgeting tool is currently available in Online banking and Mobile banking (Android & iPhone only) for customers with checking or savings accounts.

Mobile check deposits are subject to verification and not available for immediate withdrawal. Other restrictions apply. In the Mobile Banking app menu, select Menu > Help > Browse More Topics > Mobile Check Deposit for details and other terms and conditions. Message and data rates may apply. For SafeBalance Banking® for Family Banking accounts, the parent owner can make mobile check deposits but their child using the account cannot.

Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data fees may apply.

You must be enrolled in Online Banking or Mobile Banking to participate in the BankAmeriDeals® program and have either an eligible Bank of America® debit or credit card or Merrill Lynch® credit card. Earned cash back will be credited into an eligible consumer deposit or credit account in 30 days following redemption. For more information, please read the program terms of use. Data connection required. Wireless carrier fees may apply. For SafeBalance Banking® for Family Banking accounts, the parent owner can participate in BankAmeriDeals but their child using the account cannot.

Visa is a registered trademark of Visa International Service Association and is used by the issuer pursuant to license from Visa U.S.A Inc.
The Contactless Symbol and Contactless Indicator are trademarks owned by and used with permission of EMVCo, LLC.

Advantage SafeBalance Banking

$4.95 or $0

$0 for each statement cycle that:

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

An account owner is under age 25^{Footnote 1}

An account owner is a member of the Preferred Rewards program.^{Footnote 2}

Effective on or about May 26, 2026, the Preferred Rewards program will become BofA Rewards, and an account owner will need to be enrolled in BofA Rewards and qualify for the Preferred Plus, Preferred Honors, or Premier tiers to waive their monthly maintenance fee. For more information about BofA Rewards program eligibility, review the Preferred Rewards section of the Personal Schedule of Fees and for a summary of new BofA Rewards benefits, refer to: bankofamerica.com/BofARewards

Bank of America Advantage Banking

SafeBalance Banking® for Family Banking

Advantage SafeBalance Banking

Advantage Plus Banking

Advantage Relationship Banking

Advantage Plus Banking

Helping keep your account secure

$0 Liability Guarantee fraud protection

Fast, secure sign-in

Custom alerts

Debit card controls

Digital tools to help you in your day-to-day

Better budgeting

Mobile deposits

Erica® virtual assistant

Manage your account on the go with our mobile app Footnote[21]

Earn rewards and save with Bank of America

Keep the Change®

BankAmeriDeals®

Preferred Rewards

Just starting out?

Resources to help you achieve your financial goals

Online Banking

Better Money Habits®

New to the U.S.?

Frequently asked questions

SafeBalance Banking^® for Family Banking

Advantage Plus
Banking

Advantage Plus
Banking

Erica^® virtual assistant

Manage your account on the go with our mobile app ^Footnote[21]

Keep the Change^®

BankAmeriDeals^®