Please tell us where you bank so we can give you accurate rate and fee information for your location.
Please tell us where you bank so we can give you accurate rate and fee information for your location.
Effective:
Fee Type: Monthly fee
Fee: No fee for 12 months, then $16/month
Pay no monthly fee for Business Advantage Fundamentals™ Banking when you meet one of the following requirements each statement cycle:
Fee Type: Monthly fee
Fee: $29.95
Pay no monthly fee for Business Advantage Relationship Banking when you meet one of the following requirements each statement cycle:
Monthly fee is deducted from interest.
Fee Type: Monthly fee
Fee: $10
Pay no monthly fee when you meet one of the following requirements each statement cycle:
A penalty is imposed for early withdrawal.
A minimum deposit is needed to open an account.
A penalty is imposed for early withdrawal.
A minimum deposit is needed to open an account.
For CDs with terms of 30 days or more, we will send you a maturity notice prior to renewal. Please read it carefully. If we change the type, term or any other features of your CD, you will be advised of these changes in the maturity notice.
A penalty is imposed for early withdrawal.
See deposit rate sheet for minimum opening amount and available terms.
A penalty may be imposed for early withdrawal.
See deposit rate sheet for minimum opening amount and available terms.
Fee Type | Fee |
---|---|
Excess Transactions (checks paid/other debits/deposited items) | No fee for first 200 transactions per statement cycle; $0.45 per item thereafter. (Effective November 1, 2024, there will be no fee for the first 20 transactions, then 45¢ per item.) No Excess Transaction Fee for debit card transactions, electronic debits, and checks deposited through Mobile Check Deposit, Bank of America ATM, or Remote Deposit Online |
Deposit tickets | No fee |
Cash Deposit Processing | No fee for first $7,500 in cash deposited per statement cycle at an ATM or Financial Center; then $0.30 per $100 deposited thereafter. (Effective November 1, 2024, the Cash Deposit Processing Fee will be no fee for first $5,000 in cash deposited per statement cycle at an ATM or Financial Center, then 30¢ per $100 deposited thereafter.) |
Fee Type | Fee |
---|---|
Excess Transactions (checks paid/other debits/deposited items) | No fee for first 500 transactions per statement cycle; $0.45 per item thereafter No Excess Transaction Fee for debit card transactions, electronic debits, and checks deposited through Mobile Check Deposit, Bank of America ATM, or Remote Deposit Online. |
Deposit tickets | No fee |
Cash Deposit Processing | No fee for first $20,000 in cash deposited per statement cycle at an ATM or Financial Center; then $0.30 per $100 deposited thereafter |
Monthly fee is deducted from interest.
Visit a Financial Center for fee information. IOLTA account opening is state specific. Due to interest payment requirements, the financial center opening the account must be located in the same state as the state bar receiving the interest.
Fee Type | Fee |
---|---|
Cash Deposit Processing | No fee for first $5,000 in cash deposited per statement cycle at an ATM or Financial Center; then $0.30 per $100 deposited thereafter |
Deposit tickets | No fee |
Deposited Items | No fee for first 25 transactions per statement cycle; $0.45 per item thereafter The Deposited Item Fee will not apply to deposits made using Remote Deposit Online, Mobile Check Deposit or at a Bank of America ATM. |
This account is set to the Decline All Overdraft Setting. This means that when we determine that you do not have sufficient available funds in your account to cover an item, we will decline or return it unpaid. You may be assessed a fee by a merchant if this happens.
This account is not eligible to be enrolled in Balance Connect™ as a covered account, but can be linked as a backup account.
Fee Type | Fee |
---|---|
Rush Replacement ATM or Debit Card Fee | Fee: $15.00 per card
|
Non-Bank of America Teller Withdrawal Fee | Fee: For each transaction, the greater of $5.00 OR 3% of the dollar amount of the transaction, up to a maximum of $10.00
|
International Transaction Fee | Fee: 3% of the U.S. dollar amount of the transaction
|
Fee Type | Fee |
---|---|
Bank of America ATM Fee for: Withdrawals, deposits, transfers, payments and balance inquiries at a Bank of America ATM | Fee: No ATM fee* Bank of America ATM — an ATM that prominently displays the Bank of America name and logo on the ATM. *Transaction fees may apply to some accounts. See account descriptions in this schedule. |
Non-Bank of America ATM Fee for: Withdrawals and transfers at a non-Bank of America ATM located in the U.S. | Fee: $2.50 each
|
Non-Bank of America ATM Fee for: Withdrawals and transfers at a non-Bank of America ATM located in a foreign country | Fee: $5.00 each
|
Fee Type | Fee |
---|---|
Certificate of Protest | Fee: $25.00 This fee only applies to accounts in New York. |
A fee may be assessed to a payee presenting a check that you issued if the payee is not a Bank of America relationship customer. A Bank of America relationship customer is an account owner of a deposit account (checking, savings, CD), Individual Retirement Account (IRA), loan, credit card, mortgage, safe deposit box or a Merrill investment account.
Fee Type | Fee |
---|---|
Bank of America customer | Fee: No fee |
Nonrelationship customer | Fee: $8.00 per check Applies to checks drawn on Bank of America business accounts. |
Fee Type | Fee |
---|---|
Check Safekeeping Service | Fee: No fee
|
Check Image Service | Fee: No Fee You can view and print copies of the front and back of checks posted within the last 18 months in Business Advantage 360. You can also request check copies by visiting your nearest Bank of America financial center or calling the customer service number on your statement. |
Fee Type | Fee |
---|---|
Check Copy | Fee: No Fee Check copies can be viewed and/or printed in Business Advantage 360. |
Statement Copy | Fee: No Fee
|
Deposit slips and other credit items | Fee: No Fee
|
Fee Type | Fee |
---|---|
Deposited Item Recleared Fee (Redeposit Fee) | Fee: $14.00 each item For information about the optional Deposited Item Recleared service, please call the number on your statement or visit your local financial center. |
Fee Type | Fee |
---|---|
Overdraft Item Fee | Fee: $10 each item
|
Fee Type | Fee |
---|---|
Stop Payment Fee | Fee: $30.00 per request All accounts included in the Business Advantage Relationship Banking solution and members enrolled in the Preferred Rewards for Business qualify for a waiver of this fee. |
Fee Type | Fee |
---|---|
Incoming or Outgoing Wire Transfers (U.S. or International) | Fee: Fee varies
|
If you opened an account in Metro New York, for a printed version of the complete list of account fees, see the Business Schedule of Fees for Metro New York, also available at your financial center.
If you opened an account in Upstate New York, for a printed version of the complete list of account fees, see the Business Schedule of Fees for Upstate New York, also available at your financial center.