Remember, if your business needs change, you can switch anytime.
Business Advantage Banking — business checking accounts designed to move your business forward with financial tools, services and dedicated support, all in one place.
Remember, if your business needs change, you can switch anytime.
Essential tools for your business needs.
Now with no monthly fee for 12 months!
Robust financial solutions to help manage your business.
All Business Advantage Fundamentals™ benefits plus:
Fundamentals™ Banking | Relationship Banking |
---|---|
Second Business Advantage Banking account | |
$XXXX/month | $0/month |
Business Advantage Savings account adatext | |
$XXXX/month | $0/month |
Incoming wires, stop payments and more | |
Fees vary | $0/month |
Customize access with Account Management service adatext | |
$0/month | $0/month |
Teller transactions and checks written with no fee | |
200 transactions/month | 500 transactions/month |
Monthly fee | |
$XXXX or $0 | $XXXX or $0 |
Avoid monthly fee by meeting one of the following requirements each statement cycle, or become a Preferred Rewards Business member adatext | |
Maintain a combined average monthly balance of $XXXX or more in eligible linked business deposit accounts adatext Spend at least $XXXX in new net qualified debit card purchases adatext | Maintain a combined average monthly balance of $XXXX or more in eligible linked business deposit accounts |
Fundamentals™ Banking | Relationship Banking |
Business Advantage Fundamentals™ Banking | Business Advantage Relationship Banking | |
---|---|---|
Second Business Advantage Banking account | $XXXX/month | $0/month |
Business Advantage Savings account adatext | $XXXX/month | $0/month |
Incoming wires, stop payments and more | Fees vary | $0/month |
Customize access with Account Management service adatext | $0/month | $0/month |
Teller transactions and checks written with no fee | 200 transactions/month | 500 transactions/month |
Monthly fee | $XXXX or $0 | $XXXX or $0 |
Avoid monthly fee by meeting one of the | Maintain a combined average monthly balance of $XXXX or more in eligible linked business deposit accounts adatext Spend at least $XXXX in new net qualified debit card purchases adatext | Maintain a combined average monthly balance of $XXXX or more in eligible linked business deposit accounts |
Improve efficiency and complete daily tasks easier with these tools.
Easily view and manage personal and business accounts with just one login.
It's a fast and easy way for businesses to receive and send money directly between eligible bank accounts in the U.S. adatext
Get cash flow projections, monitor transactions and view category balances.
View your Dun & Bradstreet business credit scores for free within Business Advantage 360.
Track your cash flow, manage expenses, and even connect external accounting and payroll data to your dashboard.
Help when you need it — from our resource center to Small Business Specialists
Enjoy business debit cards with our $0 Liability Guarantee adatext and fraud monitoring services. Plus, if there's ever an issue, our fraud department is here for you 24/7. For more information about protecting your business online, visit our Security Center.
Get access to our team of dedicated Small Business Specialists, ready to provide assistance or guidance when you need it.
Find in-depth articles, tools and great information designed to help business owners start, run and grow their business.
Enrolling is easy and there’s no fee. Members have access to a wide range of benefits and rewards.
on select banking services like monthly maintenance fees, inbound wire transfers, and more.
on eligible business credit cards.
on Business Advantage Savings accounts.
on new Business Advantage credit lines, term loans and secured lending.
on eligible payroll service fees.
Complimentary financial analysis with a Merrill® financial solutions advisor.
Preferred Rewards for Business Eligibility Requirements:
The Preferred Rewards for Business program is only available to Bank of America Small Business, Merrill Small Business, and Bank of America Private Bank® Small Business clients. Other categories of clients, such as those commonly referred to as Business Banking, Global Commercial Banking, Global Corporate Investment Banking, or Institutional clients are not eligible to participate in the program. Subject to certain exceptions, eligible business checking accounts generally are any Small Business checking account and the following Analyzed checking accounts: Full Analysis Business Checking or Analyzed Business Interest Checking. Clients in the eligible business categories may enroll in the program. To enroll you must have an active, eligible Bank of America business checking account, and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America business deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill business investment accounts (such as Working Capital Management Accounts, Business Investor Accounts, Delaware Business Accounts). The qualifying balance is calculated based on either (i): your average daily balance for a three calendar month period, or (ii) your current combined balance, provided that you enroll at the time you open your first eligible business checking account and satisfy the balance requirement at the end of at least one day within thirty days of opening that account. Refer to your Business Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. Certain benefits may be available without enrolling in the program if you satisfy balance and other requirements.
We've made it as easy as possible.
Learn more
Remember, if your business needs change, you can switch anytime.
Business Advantage Banking is Bank of America’s business checking account solution. Business Advantage Banking includes two accounts; Business Advantage Fundamentals™ Banking and Business Advantage Relationship Banking. Each account includes powerful digital features and business services and allows the flexibility to seamlessly move between banking options as your business priorities change. View accounts
We offer 3 convenient ways to open a business checking account:
Learn more about what you need to open a business bank account
Application decisions are often immediate. In some cases, we may require additional supporting documentation to approve your application.
If we need additional information for our review, we will email you with the requirements. If requested, you have 11 business days after you apply to send us your supplemental documents.
After your account is open, you should receive your debit card within 5-7 business days. Need it quickly? Get a digital card to use immediately for online and in-store purchases.
If you are already a customer, you can make your opening deposit by transferring money from your existing account. If you’re transferring money from another bank, you can use a Visa® or MasterCard® debit card, check or money order. You may also use Zelle to send or receive money right from the Bank of America® Mobile app or Online Banking with no fees.
Yes, you can reorder checks online by signing in to Business Advantage 360 and selecting your account. On your account page there is a link to reorder checks. You can also reorder checks by calling 888.BUSINESS (888.287.4637)