Earn bonuses totaling $100 to $500 for your small business1

This bonus offer is available with a new eligible Business Advantage Banking account2 and eligible small business credit card3 from Bank of America with qualifying activities.1





What is needed to apply:

  • Business documentation such as filing documents, articles of organization, articles of incorporation and/or certificate of resolution 
  • Social Security Number (SSN), Address, and Date of Birth (DOB) for all owners 
  • Date (MM/YY) your business was established 
  • State in which your business was formed and operates (U.S. only) 
  • Legal business name and DBA (“doing business as”) name, if applicable 
  • Business Tax ID (TIN) or Employer Identification Number (EIN) provided by the IRS — sole proprietorships may use SSN

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Advantage Fundamentals™ Banking
Advantage Relationship Banking

Business Advantage Fundamentals™ Banking

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Value and flexibility to help manage your small business

  • Business Advantage 360, our small business online banking platform, and Mobile Banking4 with Mobile Check Deposit5
  • Connected Apps and Cash Flow Monitor6 tools
  • Business debit cards with $0 Liability Guarantee7

* $16 or $0* monthly fee

Great news, there’s no monthly fee for the first 12 statement cycles. To avoid the monthly fee after that, do one of the following each statement cycle:

  • Maintain a $5,000 combined average monthly balance9
  • Spend at least $250 in new net purchases on your business debit card10
  • Starting Nov 1, 2024, the Monthly Fee can be avoided when you use your Bank of America business debit card to make at least $500 in new net qualified purchases.
  • Be a member of Preferred Rewards for Business11

Business Advantage Relationship Banking

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Premium tools for large or growing businesses

  • All of the features of Business Advantage FundamentalsTM Banking plus these extra benefits:
  • Easy QuickBooks® integration8
  • Ability to grant and customize account access levels per employee
  • No fees for incoming wires, stop payments, electronic deposits and more

$29.95 or $0* monthly fee

*To avoid this monthly fee, do one of the following each statement cycle:

  • Maintain a $15,000 combined average monthly balance12
  • Be a member of Preferred Rewards for Business11

 

 

Business Advantage Fundamentals™ Banking

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Business Advantage Relationship Banking

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Earn bonuses totaling $100 to $5001

Make and maintain qualifying deposits of New Money into a new business checking account2

earn $100

  • By depositing $1,000 or more in New Money* within the first 30 days of opening your new eligible Bank of America® small business banking account
  • and
  • Maintaining an average balance of $1,000 or more during the Maintenance Period**

OR

earn $200

  • By depositing $3,000 or more In New Money* within the first 30 days of opening your new eligible Bank of America® small business banking account
  • and
  • Maintaining an average balance of $3,000 or more during the Maintenance Period**

plus

Use your new business credit card

Earn a $300 statement credit footnote 3

When you apply and get approved for an eligible Bank of America® small business credit card and spend at least $3,000 on New Net Purchases*** within the first 90 days of account opening.

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We look forward to learning how we can help your business. Start exploring all the options Bank of America offers to small business owners at bankofamerica.com/smallbusiness

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