Open a business checking account and get exclusive rewards

Receive a one-year trial of Preferred Rewards for Business, plus earn a cash bonus of up to $7501 when you make qualifying deposits in a new business checking account.

Enjoy Preferred Rewards for Business Gold tier benefits when you open a business checking account

No fees

Fee waivers on select banking services, such as monthly maintenance fees, inbound wire transfers and more.2

25percentage

Bonus Rewards3 on eligible business credit cards

10 doller

Payroll Service Fee Credit4 for eligible monthly payroll service

5percentage

Interest Rate Booster5 on Business Advantage Savings accounts

Make qualifying deposit to earn cash bonus

Earn a cash bonus in three steps:

  1. Open a business checking account
  2. Make qualifying deposits in new money* within 15 days of account opening
  3. Maintain that minimum average balance for next 60 days (day 16-75) during the maintenance period**

*Qualifying deposits are deposits of new money, which is money not currently or previously held in any account at Bank of America or Merrill.
**The maintenance period begins sixteen (16) days after account opening and ends seventy-five (75) calendar days after account opening.

A business checking account gives you the tools you need to move your business forward

Tools and resources icon

Powerful digital tools


Manage your business efficiently with customizable digital tools like Cash Flow Monitor6, Mobile Check Deposit7 and more. Plus send and receive money with Zelle®.8

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Access to Small Business Specialists

 

Our Small Business team is ready to help with the unique challenges small business owners face.

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Best-in-class security

 

Bank confidently knowing that your business and banking information is secure and backed by fraud protection.

Start by choosing the right checking account for your business:

Business Advantage Fundamentals™ Banking

Essential digital tools to help you manage your business with a low monthly fee

Options and features of both accounts include

  • Business Advantage 360 online and mobile tools9 including: Zelle®, Cash Flow Monitor, Mobile Check Deposit, Remote Deposit Online10
  • Access to Small Business Specialists who work with you to find solutions that fit your goals
  • Business debit cards with $0 Liability Guarantee and fraud monitoring11

Monthly fee information

$16 or $0 monthly fee

Learn how to avoid fee12 13

Second Business Advantage Banking account

+$16/month

Business Advantage Savings account

+$10/month

Incoming wire transfer fee

Fees vary

Account Management15

+$15/month after first three months

Business Advantage Relationship Banking

Comprehensive financial solutions to help manage your business

Options and features of both accounts include

  • Business Advantage 360 online and mobile tools9 including: Zelle®, Cash Flow Monitor, Mobile Check Deposit, Remote Deposit Online10
  • Access to Small Business Specialists who work with you to find solutions that fit your goals
  • Business debit cards with $0 Liability Guarantee and fraud monitoring11

Monthly fee information

$29.95 or $0 monthly fee

Learn how to avoid fee14

Second Business Advantage Banking account

No monthly fee

Business Advantage Savings account 

No monthly fee

Incoming wire transfer fee

No fee

Account Management15

No fee

About applying online

The information you’ll need to apply

  • Business documentation such as filing documents, articles of organization, articles of incorporation and/or certificate of resolution
  • Business Tax ID
  • Name and address of the business
  • The state in which the business operates
  • The state in which the business was formed
  • Date the business was established
  • The SSN, address and DOB of the business owner

What to expect after applying

  1. When your application is complete, you will receive a confirmation email within a couple of hours.
  2. Application decisions are often immediate. (We’ll let you know if any additional information is required).
  3. After your account is approved, you must send a signature card through traditional mail or take the card to a local financial center.
  4. You can fund your account while applying by using a debit card, transferring money from another account or writing a check.
  5. Once your account is open, you may access Online Banking and you will receive your checks and debit card(s) in approximately 7 to 10 business days.