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Business Advantage Savings Account

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Overview

Mobile Banking

Download our free app and conduct business on the go—including making mobile check deposits—from anywhere you have an internet connection.

Powerful digital tools

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

Earn interest

Earn interest while maintaining easy access to funds.

Balance Connect™ for overdraft protection

Get help avoiding the inconvenience of overdrafts by enrolling in Balance Connect™ for overdraft protection for your Business Advantage Banking account.

Link accounts

Can be linked to a Business Advantage Relationship Banking or a Business Advantage Fundamentals Banking solution. One Business Advantage Savings account included with no additional monthly fee as part of your Business Advantage Relationship Banking solution.

Extra business services

Manage your cash flow with additional business services like Merchant Services, Remote Deposit Online and more.

Rates

If you're enrolled in Preferred Rewards for Business you get extra interest based on your relationship tier

Select average daily balance

Interest Rate

APY,

If you're enrolled in Preferred Rewards for Business

Gold Tier APY,

Platinum Tier APY,

Platinum Honors Tier APY,

Fees

Monthly FeeRequired Opening DepositTransaction Limit
  • We waive the monthly fee if you do one of the following each statement cycle:
  • Maintain a $2,500 minimum daily balance
  • Include one Business Advantage Savings account as part of your Business Advantage Relationship Banking solution
  • Become a member of Preferred Rewards for Business
  • Or pay $XXXX per month
  • $XXXX
  • Make up to 6 transfers and withdrawals each monthly statement cycle.

View all savings fees at a glance

Download the Business Schedule of Fees

Rewards that grow with your business

The Preferred Rewards for Business program is our commitment to helping you grow your business and get more back from your banking. The higher your Bank of America business deposit balances and/or business investment balances with Merrill, the greater your benefits. Learn more about our program benefits or schedule an appointment to meet with a Small Business Specialist to get started today.

Business Advantage Savings comes with...
Mobile Banking

Download our free app and conduct business on the go
Manage your account online 24/7 with secure Online and Mobile Banking. Check your balance and keep tabs on account activity for you and your employees easily anytime, anywhere.
Information for:

Please select your county

Enter your zip code

Please enter the zip code for your business address so we can give you accurate rate and fee information for your location.

Connect with us

866.283.4075

Mon-Fri 8 a.m. – 10 p.m. ET

Mon-Fri 8 a.m. – 10 p.m. ET