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

Great news! No monthly maintenance fee for first 12 statement cycles with a Business Advantage Fundamentals Banking account





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

Open, make and maintain New Money* deposits into a new eligible Business Advantage Banking 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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