Up to $500 Tiered Checking offer | Bank of America

Here's how to qualify¹:

Open a new eligible checking account through this offer page by January 31, 2027.

Only new checking customers can take advantage of this offer.

Set up and receive Qualifying Direct Deposits into your new account within 90 days of account opening ("Deposit Period").

Your bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.

Cash Bonus	Total Direct Deposits
$100	$2,000
$300	$5,000
$500	$10,000+

After the Deposit Period ends and all requirements are met, we'll attempt to deposit the bonus into your account within 60 days.

Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.

Bofa Rewards trademark symbol

Opening a personal checking account gives you access to BofA Rewards™

As a member, you can enjoy exclusive benefits like cash back deals⁶ on debit card purchases, a rewards bonus on eligible Bank of America® credit cards and more.⁷

Plus, there’s no fee to join!⁸ Learn more

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Offer is limited to individuals who have not owned or co-owned a Bank of America personal checking account within the last twelve (12) months. Fiduciary accounts (e.g., trusts), Bank of America Advantage SafeBalance Banking® for Family Banking accounts, and business accounts are not eligible for this offer. Offer cannot be combined with any other checking bonus offer and is limited to one bonus per account and per customer. Offer expires on January 31, 2027. Bank of America may change or discontinue this offer at any time before this date without notice.

Bank of America may present different promotional checking offers through various channels, including mail, in person, email, or online. These offers, including any bonus amounts, may have different eligibility, enrollment, and bonus requirements. If you receive or view multiple offers, you are eligible only for the bonus associated with the specific offer in which you enroll and satisfy all applicable requirements, regardless of whether you may also meet the requirements of a different offer.

Requirements to Receive a Checking Bonus:

Enroll in this offer through a Bank of America or Merrill associate or online through this offer’s webpage.
Open a new eligible personal checking account by January 31, 2027.

Bank of America Advantage SafeBalance Banking®, Bank of America Advantage Plus Banking®, and Bank of America Advantage Relationship Banking® accounts are eligible for this offer. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
Set up and receive Qualifying Direct Deposits into that eligible personal checking account within ninety (90) days of account opening (“Deposit Period”).

At the end of the 90-day Deposit Period, all Qualifying Direct Deposits will be totaled to determine the bonus amount you may earn (see Bonus Chart).

“Bonus Chart”

Total Qualifying Direct Deposits	Bonus Amount
less than $2,000	$0
$2,000 – $4,999	$100
$5,000 – $9,999	$300
$10,000 or more	$500

After the Deposit Period ends, and once you satisfy all the requirements, we will attempt to deposit the earned bonus directly into your new eligible personal checking account within sixty (60) days. The new eligible personal checking account must be open and in good standing up to and including the date any earned bonus is paid.

A “Qualifying Direct Deposit” is a direct deposit of regular monthly income (such as your salary, pension or Social Security benefits, which are made by your employer or other payer) using account and routing numbers that you provide to them. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, or transfers from a bank or brokerage account or Merrill investment account.

Your receipt of any bonus is subject to validation that you have provided all the information we require in connection with maintaining the account. This includes information needed to identify each account owner and to report the bonus to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W-8 (as applicable). The value of this bonus may constitute taxable income to you. To the extent required by law, Bank of America may withhold tax or other amounts from the payment. Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.

Additional Terms and Conditions: All account applications are subject to approval. The minimum deposit required to open a Bank of America Advantage SafeBalance Banking® account is $25. The minimum deposit required to open a Bank of America Advantage Plus Banking® account is $100. The minimum deposit required to open a Bank of America Advantage Relationship Banking® account is $100, and the Annual Percentage Yield (APY) is as follows: less than $50,000, 0.01%; $50,000 and over, 0.02%. APYs are accurate as of 10/01/2026. For today’s rates, select the applicable account at bankofamerica.com/depositsrates. Rates are variable, may change at any time without prior notice, before or after the account is opened and may vary by location. Fees may reduce earnings. Accounts, product terms, and fees may vary by location, and we may discontinue and/or add new account types at any time. Please consult a financial center, visit bankofamerica.com or see the Personal Schedule of Fees (found at bankofamerica.com/fees) for account fees and additional information about accounts.

Reproduction, purchase, sale, transfer or trade of this offer is prohibited.

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Fiduciary accounts, including trust and estate accounts, do not qualify for the under the age of 25 requirement to waive the monthly maintenance fee. Additionally, accounts do not qualify for the under the age of 25 requirement to waive the monthly fee based on the age of the Payable on Death beneficiary. When you add an owner under the age of 25 to an existing Advantage SafeBalance Banking® account, it may take 3 business days before your account meets the requirement to have the monthly maintenance fee waived. Please refer to the Personal Schedule of Fees for more information.

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SafeBalance Banking® and SafeBalance Banking® for Family Banking accounts are automatically set to the Decline All overdraft setting. Transactions are declined or returned unpaid when they exceed your available balance. While this account prevents you from overdrawing in most cases, there may still be times when your account could have a negative balance. This could happen when the final amount of a transaction differs from the amount that was originally authorized, such as when a tip is added to a restaurant charge. If this happens, we won’t charge you an Overdraft Item Fee.

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No fee for incoming domestic wire transfers, stop payments and other services. Please refer to the Personal Schedule of Fees for details.

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Balance Connect® for overdraft protection allows you to link your eligible checking account with up to 5 eligible Bank of America accounts for overdraft protection. This optional service can help you cover your payments and purchases and help avoid overdrafts and Overdraft Item Fees by automatically transferring available funds from your linked backup account(s) when needed. If your linked backup account does not have enough available funds to cover the necessary amount, we may decline to make the transfer. Transfers from a linked (1) brokerage account with Merrill Lynch that is enrolled in margin lending, (2) Loan Management Account (LMA®), (3) credit card, or (4) HELOC are subject to interest charges. Please see your account agreement(s) for additional details. Balance Connect® is not available with SafeBalance Banking® or SafeBalance Banking® for Family Banking as a covered or linked backup account. Balance Connect® is available on Advantage Savings as a linked backup account, but not eligible to be enrolled as a covered account.

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BofA Rewards exclusive deals. BofA Rewards™ members will be eligible for exclusive deal offers. All such offers are subject to the standard terms and conditions of the deals program. Refer to the Deals homepage for details.

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BofA Rewards™ Eligibility. Customers can enroll and maintain their membership in BofA Rewards™ if they have an open, qualifying Bank of America® checking account. BofA Rewards tiers are based on each customer's combined average balance in qualifying deposit and investment accounts. The minimum balance for each tier is: Member, no minimum balance; Preferred Plus, $30,000; Preferred Honors, $100,000; and Premier, $1,000,000. When you enroll, you'll be placed in the appropriate tier for your combined average balance and then moved to the highest tier you’re eligible for based on one of the following:

for the 30 calendar days following your first enrollment, the combined end-of-day collected balance of your qualifying accounts ("Daily Balance"), provided that your Daily Balance remains above the required amount for a minimum of three business days; or
subsequently, the combined average balance of your qualifying accounts calculated on the third business day of each month.

Eligible customers will be moved to the higher tier within 3 business days. New tier benefits may take up to 30 days to become effective. For full terms, including qualifying accounts and the method of calculation of average balances, refer to your Personal Schedule of Fees.

Additional Eligibility. Employees and retirees of Bank of America may be eligible for BofA Rewards membership on customized terms. For details, please call Employee Financial Services or refer to the Bank of America intranet site. Bank of America Private Bank clients qualify to enroll in the Premier tier regardless of balances. Employees of companies participating in the Bank of America Employee Banking and Investing Program may be eligible for BofA Rewards on customized terms. Refer to CEBI Program for details.

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No Fee To Join. To join BofA Rewards™, you need an eligible personal Bank of America checking account. Checking accounts may have a monthly maintenance fee if waiver requirements are not met.

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Bank of America Advantage SafeBalance Banking, Bank of America Advantage Plus Banking, Bank of America Advantage Relationship Banking, Erica, Bank of America and the Bank of America logo are registered trademarks of the Bank of America Corporation.

BofA Rewards is a trademark of Bank of America Corporation.

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