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Bank of America Business Advantage

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Business Advantage Banking accounts — designed to move your business forward with financial tools, services and dedicated support, all in one place.

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Pick the account setting that's right for you

Business Advantage Banking is a checking account with 2 settings. If your business needs change, switch anytime.

Business Advantage Fundamentals™ Banking

Essential tools for your business needs.

$XXXX or $0
  • Efficiency tools like Cash Flow Monitor®, Erica, Mobile Check Deposit & more
  • Zelle® for your business
  • Access to dedicated small business specialists
  • Fraud protection & security

Business Advantage Relationship Banking

Robust financial solutions to help manage your business.

$XXXX or $0

All Business Advantage Fundamentals™ benefits plus:

  • Easy QuickBooks® integration
  • Customize account access per employee
  • One extra Business Advantage Relationship Banking account and one Business Advantage Savings account can be included for no monthly fee
  • No fees for incoming wires, stop payments, electronic deposits & more

Compare accounts

Fundamentals™ Banking

Business Advantage Fundamentals™ Banking

Relationship Banking

Business Advantage Relationship Banking

Second Business Advantage Banking account
Business Advantage Savings account
Incoming wires, stop payments and more
Fees vary
Account Management capabilities
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
Avoid monthly fee by meeting one of the
following requirements each statement cycle, or
become a Preferred Rewards Business member
Maintain a $XXXX combined average monthly balance
Spend at least $XXXX in new net qualified debit card purchases
Maintain a $XXXX combined average monthly balance

A full scope of tools and services — all in one place

Powerful digital tools

Improve efficiency and complete daily tasks easier with these tools.

Improve efficiency and complete daily tasks easier with these tools.

Profile linking

Easily view and manage personal and business accounts with just one login.


for your business

A fast, safe and easy way for businesses to send, request and receive money directly between eligible bank accounts in the U.S.

Cash Flow Monitor

Get cash flow projections, monitor transactions and view category balances.

Account Management

Customize employee account access and seamlessly integrate bookkeeping with QuickBooks®

No fee with Advantage Relationship Banking


Your virtual financial assistant can help transfer or send money, search transactions & more.

Digital debit cards

Start using your debit card immediately for in-store and digital purchases.

Dedicated support

Help when you need it — from our resource center to Small Business Specialists

Help when you need it — from our resource center to Small Business Specialists

Privacy & security

Enjoy business debit cards with our $0 Liability Guarantee 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.

Dedicated specialists

Get access to our team of dedicated Small Business Specialists, ready to provide assistance or guidance when you need it.

Small Business Resources

Find in-depth articles, tools and great information designed to help business owners start, run or grow their business.

Preferred Rewards for Business

Enrolling is easy and there’s no fee. Members have access to a wide range of benefits and rewards.

Enrolling is easy and there’s no fee. Members have access to a wide range of benefits and rewards.

No fees

on select banking services like monthly maintenance fees, inbound wire transfers, and more.

25%-75% Rewards Bonus

on eligible business credit cards.

5% - 20% Interest Rate Booster

on Business Advantage Savings accounts.

Interest rate discounts

on new Business Advantage credit lines, term loans and secured lending.

Payroll Services Cash Back

on eligible payroll service fees.

Professional advice

Complimentary financial analysis with a Merrill® financial solutions advisor.

Preferred Rewards for Business Overall Program Rules:

The Preferred Rewards for Business program is only available to Small Business, Merrill Small Business, and Bank of America Private Bank® Small Business clients. 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 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. Additional program information is available at: Preferred Rewards for Business.

Business Schedule of Fees

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Choose your account setting

Remember, if your business needs change, you can switch anytime.

Looking for more information?

Top checking FAQs
What is Business Advantage Banking?
Business Advantage Banking is Bank of America’s business checking solution. Business Advantage Banking includes two settings; Business Advantage Fundamentals™ Banking and Business Advantage Relationship Banking. Each setting includes powerful digital features and business services and allows the flexibility to seamlessly move between banking options as your business priorities change. View settings
How long does it take for my account to be opened online?

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 and checks (if ordered) within 5-7 business days. Visit us at a financial center for a temporary debit card and/or checks.

How do I make an initial deposit for an account I opened online?

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.

Can I order my business checks online?

Yes, you can reorder checks online by signing in to Small Business Online Banking and selecting your account. On your account page there is a link to reorder checks. You can also reorder checks by calling 1.888.BUSINESS (888.287.4637)

See all checking FAQs

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