Skip to main content

Business Debit Card FAQs

Select Your State

Please tell us where you bank so we can give you accurate rate and fee information for your location.

Go and get state information
View questions about:

Go and view FAQ information.

Business ATM card

What can I do with a business ATM card?

You can make deposits, withdraw cash, transfer money and get account balances. You can also pay for purchases using your card at thousands of merchants that accept ATM cards.

What are the limits on my business ATM card?

You may withdraw up to $700 of your available account balance per day. For card purchases using your personal identification number (PIN), your daily limit is $1,000 of your available account balance.

How many accounts can I link to my business ATM Card?

You can link up to 15 Bank of America business checking and savings accounts to 1 card. You can name each account individually so that each account name will appear on the ATM screen for you to select when you want to make deposits and withdrawals.

What should I do if I plan to travel internationally and use my business ATM or debit card?

Travel notifications are no longer needed. We’ll continue to monitor your accounts and send automatic alerts to your phone or email if we detect suspicious activity. To prevent an interruption in ATM or debit card access you must call the telephone number on the back of your card to have an agent place a travel flag on your account. Your ATM card or debit card must have a primary checking account linked to it in order to have no interruption in service while traveling internationally.

If you encounter any issues once the travel flag has been placed, please contact us toll-free at 888.726.2644 or internationally by calling collect 602.597.2395. Learn more about international ATM and debit card use

Are there fees for requesting a replacement debit card?

There are fees for each requested replacement of an ATM or debit card, including the replacement of debit sticker (tag) or other debit access device. The replacement fee does not apply when we replace a card upon its expiration. Fees also apply for each requested rush delivery of an ATM or debit card, including the requested rush delivery of debit sticker (tag) or other debit access device. A replacement ATM or debit card fee may also apply and would be in addition to the rush delivery fee.

Please see your business schedule of fees for more details. Note that fees apply when used at a non-Bank of America ATM.

Business debit card

How do I activate my business debit card?

Simply use your business debit card with your personal identification number (PIN) at a Bank of America ATM. For your protection, your card won't work until you perform this step.

How is my business debit card different from a credit card?

Your business debit card is not a credit card. Purchases are deducted automatically from your business checking account and detailed on your monthly statement.

What should I do if my business debit card is lost or stolen?

Please call us promptly to report a lost or stolen card. We’ll cancel your card and issue a replacement, fees may apply. Please see your business schedule of fees for more details.

Does the business debit card offer any rewards such as frequent flyer miles?

The Bank of America Business debit card does not currently offer reward miles or air miles, but it’s something that we’re looking into.

Why should I use a business debit card?

A business debit card is an extremely convenient way to pay for business expenses and has many advantages over writing a check:

  • Since your purchases are automatically deducted from your business checking account, you won’t receive surprise bills at the end of the month
  • There are no per-item fees for conducting debit card transactions
  • Every Visa® transaction comes with a receipt detailing the merchant name, transaction date and amount
  • Full transaction detail appears on your monthly checking account statement
  • Full transaction details also appear free of charge on www.bankofamerica.com approximately 2 to 4 days after your transaction date
  • Your Bank of America Business debit card can be used for internet and phone order transactions.
  • Business debit cards are accepted at 20 million Visa® locations worldwide
I already have a Visa® card. Why should I get an optional business debit card to make purchases?

The Bank of America business debit card is the only card that you can use to pay for business purchases directly from your business checking account. Since all of your business expenses are itemized on your business checking account statement, you'll enjoy greater financial control. A Bank of America Business debit card is also a great way to protect yourself in case of an emergency. The card comes with a package of benefits including:

  • Travel and emergency assistance
  • Purchase security and extended protection for up to 90 days in case of theft or damage of the goods you purchase with the business debit card
Are there fees for requesting a replacement debit card?

There are fees for each requested replacement of an ATM or debit card, including the replacement of debit sticker (tag) or other debit access device. The replacement fee does not apply when we replace a card upon its expiration. Fees also apply for each requested rush delivery of an ATM or debit card, including the requested rush delivery of debit sticker (tag) or other debit access device. A replacement ATM or debit card fee may also apply and would be in addition to the rush delivery fee.

Please see your business schedule of fees for more details. Note that fees apply when used at a non-Bank of America ATM.

How do I lock/unlock my card if I misplace it?

If you have misplaced your ATM/debit card and need time to find it, you can temporarily lock your card right from your Mobile Banking app or through Online Banking to help prevent unauthorized purchases and withdrawals. Then, when you find it, you can unlock your card just as easily.

Business deposit card

How many business deposit cards can I have?

You can request cards for your employees, which will allow them to make deposits only. Each card has a unique card number and individual personal identification number (PIN).

Where can I use my business deposit card?

You and your designated employees can use the card at any deposit-taking Bank of America automatic teller machine 7 days a week.