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Business Checking Accounts

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Compare business checking accounts

Not a business owner? View personal checking accounts

Business Fundamentals® Checking
Essential tools for small businesses

  • Mobile Banking with mobile check deposit
  • Online Banking with account alerts and Bill Pay
  • Business debit cards with Total Security Protection®
  • Business savings account
$XXXX or $0 per month
Ways to avoid this fee
Open Business Fundamentals ® Checking Account now Learn more

Business Advantage Checking
Premium tools for large or growing businesses

  • All Business Fundamentals® features
  • Easy QuickBooks® integration
  • Ability to grant and customize account access levels per employee
  • No-fee stop payments, incoming wire transfers and more
  • Additional business checking account included
$XXXX or $0 per month
Ways to avoid this fee
Open Business Fundamentals ® Checking Account now Learn more

NOTE: Important changes to these products will begin January 30th, 2021

Full comparison

Business Fundamentals® Checking

$XXXX or $0 per month Ways to avoid this fee

Business Advantage Checking

$XXXX or $0 per month Ways to avoid this fee
Good for you if...
You’re interested in essential account tools with a low monthly cost.
You’re interested in Account Management, multiple accounts or no-fee services like stop payments and wire transfers.
Business savings account
Business Investment Account (no additional monthly fee)
Business Advantage Savings (no additional monthly fee)
Additional business checking account
$XXXX per month per account
No monthly fee for first account
Account Management
Not included (Add for $15/month or upgrade to Business Advantage)
Learn more about Account Management
Included ($15/month value)
Incoming wire transfer fee
Domestic: $15/transfer
International: $16/transfer
No fee
How to avoid the monthly fee
Do one of the following each statement cycle:
  • Spend $XXXX in net new purchases on a business debit or credit card
  • Maintain a combined average monthly balance of $XXXX or more in your linked Bank of America accounts
  • Qualify for and enroll in the Preferred Rewards for Business program (first 4 checking accounts per enrolled business)
Do one of the following each statement cycle:
  • Spend $XXXX in net new purchases on a business credit card
  • Maintain a combined average monthly balance in your linked Bank of America accounts of at least $XXXX
  • Actively use one or both of these business services: Merchant Services or Payroll Services
  • Qualify for and enroll in the Preferred Rewards for Business program (first 4 checking accounts per enrolled business)

Learn more about rates

Rates

AmountInterest RateAPY

NOTE: Important changes to these products will begin January 30th, 2021

All business checking accounts come with...

Powerful digital tools

View balances by category, get cash flow projections, and monitor key transactions at a glance with Cash Flow Monitor.

Mobile Banking

Manage your business on the go with the Bank of America mobile app. Deposit checks, request transfers, pay bills and monitor pending transactions.

Customizable account alerts

Receive alerts when your account balance is low, a bill is due soon, or we spot unusual account activity.

Business debit cards

Goodbye, petty cash – expense tracking is a breeze with business and employee debit cards. Set card-specific spending limits and view online statements 24/7.

Tools and resources to help manage your business

Cash management is a top priority for small business owners. Our tools and services can help you run your business more effectively.

Explore cash management tools

Does your business have unique cash management needs?

Sole proprietorships, nonprofits and government entities:
Learn more about Business Interest Checking
Businesses with more than $60,000 in deposit balances:
Learn more about Full Analysis Business Checking

Preferred Rewards for Business

Learn how to qualify for interest rate discounts, credit card rewards bonuses and more.
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866.283.4075

Mon-Fri 8 a.m. – 10 p.m. ET

866.283.4075

Mon-Fri 8 a.m. – 10 p.m. ET