Business Advantage
Business Advantage Banking / Business Advantage Fundamentals™ Banking
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You're applying for a Business Advantage Fundamentals™ Banking account
$XXXX or $0 per month
We waive the monthly fee if you do one of the following each statement cycle:
- Maintain a $5,000 combined average monthly balance
- Use your Bank of America business debit card to make at least $250 in new net qualified purchases
- Become a member of Preferred Rewards for Business
Get the most out of your Business Advantage Banking experience. You can add these additional products:
Manage funds separately for payroll or merchant settlements with a separate banking account
$XXXX/month
Earn interest and save for the future while retaining access to your funds
No annual fee
Who can apply?
Applications must be submitted by an owner or an employee designated to apply on behalf of the business.
What you'll need to apply
- Business tax ID
- Date business was formed
- Country and state of legal formation and primary business operation (U.S. only)
- Legal business name and DBA ("doing business as") name, if applicable
- Personal information (i.e. Social Security number and date of birth) for everyone on the application including owners with 25% of more ownership of the business
Get a decision
Application decisions are often immediate. (We'll let you know if any additional information is required.)
