Follow the steps below to access business-simplifying tools and fund your business checking and savings account(s). For additional information, please watch the welcome video.
STEP 1
Start here to get fast, easy access to your accounts 24/7 and unlock a host of other convenient tools.
Manage all your business banking accounts in one secure, convenient place with this Online and Mobile Banking platform.
Download our Mobile Banking app, where you can manage your accounts on-the-go and access Erica®,3 your virtual financial assistant.
Use fast digital options like Online and Mobile Banking. You can also transfer money to Bank of America using ACH4 and/or wire transfers or visit us at a financial center.
STEP 2
It’s easy to start using your card and add employee debit cards, too.
Once you receive your debit card, activate it online or follow the on-card instructions.
Activate it online >
Get the power to tap for purchases in-app, online or in-store and withdraw at ATMs, too.
Learn how >
Give your team the freedom to make needed purchases and access cash with debit cards.
STEP 3
Designed to help simplify running your business and reaching your goals. Access to all of these tools once you’re enrolled in Business Advantage 360, our small business Online and Mobile Banking platform.
Track the trends that matter most to your business, from cash flow and expense management to external accounting and payroll data. View your key business metrics all in one place.
Create customized access to your accounts, allowing your employees and accountant to view as much or as little information as needed.
View your Dun & Bradstreet business credit scores for free within Online Banking.
Get the most for your business with valuable rewards, useful tools and secure savings.
Get rewarded for the business you do with benefits, perks and discounts that apply to your banking with us.
Find the right tools and information you need to help run and grow your business.
Your account number and the related routing number for both wire transfers and ACH transactions are listed on your account page. Sign-in to Business Advantage 360, then select your desired account and go to the Information and Services tab. On mobile, sign into the app, then select your checking or savings account under the Overview tab and scroll down to Account Details.
The monthly fee can be waived on banking accounts that meet certain banking and savings balance, spend, and/or relationship requirements. Visit Business Schedule of Fees for more information.
You can avoid a hold on your deposit by encouraging individuals and business entities paying you to use electronic payment solutions such as direct deposit, Automated Clearing House (ACH) payments, online transfers, wire transfers, and Zelle®9. These types of payments are typically available the same day they are received or scheduled to occur. Visit Deposit Holds Information.
There are several convenient ways to activate your business debit card:
Business debit cards can be activated by logging in to Online Banking or the Mobile Banking app or by simply using your business debit card with your personal identification number (PIN) at a Bank of America ATM. Employee debit cards must be activated by making a purchase or ATM transaction using your PIN.
To change your PIN: Visit a Bank of American ATM and select More Options then Change PIN or visit a financial center.
To make a new PIN request: Visit a financial center.
You will need your current PIN in order to make a PIN change at the ATM. If you don’t know your PIN, visit a financial center, or call 888.287.4637 and we will mail you a reminder.
You can link up to 15 checking and savings accounts to each business debit card.
You can save in a separate account to help your business with emergencies and enable you to invest in your businesses while maintaining cash flow.
You may ask us to link your small business savings accounts to your small business checking account. By linking the accounts, the balances can be combined to avoid the monthly fee on your business checking account. Adding a Business Advantage Savings account to your Business Advantage Relationship Banking account can also be a way to avoid the monthly fee on the Business Advantage Savings account.
Get current rates for small business savings offered in your state.
The level of insurance coverage can be calculated using the FDIC's online Electronic Deposit Insurance Estimator (EDIE) at www.fdic.gov/edie/. You can visit the FDIC website for more information.
Small business savings accounts can be linked as a Balance Connect® for overdraft protection backup account but are not eligible to be enrolled as a covered account, like a small business checking account.
User levels establish the type of access that can be granted to accounts and services established by the business owner. There are 2 user levels: User and Administrator. All users and administrators are identified with a unique online ID and password.
If a user is granted administrative privileges, he/she will be able to create and edit other user profiles with access rights equal to or less than their own levels of access. Administrators are not eligible to enroll in other online business services or grant levels of access to other users that they do not already possess.
A sub – user is an additional user added to either a User or Administrator user level profile. The User or Administrator can grant a sub-user access to services and/or accounts.
View access allows a user to view balances and account activity, as well as manage General Services settings that are selected. Further access can be granted at the individual account level to view check images and statements.
Transactional access allows a user to view balances and account activity, as well as pay bills or transfer money, according to the selected account-level transactional settings and General Service settings. This includes the ability to send and/or receive money online using an account number, even to or from the user's personal accounts or accounts of third parties, for the benefit of the user. Please note, sub - users are not able to initiate or modify payments via Zelle®.
We offer 2 convenient ways of opening a Business CD:
What you'll need to apply
The minimum opening balance varies depending on the type of business CD account. View our business CD comparison chart for details.
Visit our bank account interest rates page to view our business CD interest rates. See available terms and rates.
Yes. When you open a business CD account, you're agreeing to keep your money in the account for a specific period of time. If you want to withdraw your money earlier, you will be subject to the following penalties:
In addition to these penalties, you will also pay the amount of any cash bonuses you received when you opened or reinvested the account. For complete information about early withdrawals, please refer to page 10 of the Deposit Agreement and Disclosures document.
For the Flexible CD, a penalty of 7 days interest will be imposed for early withdrawals within the first 6 days of the account term (or within the first 6 days following any partial withdrawal during the initial or any renewal term). If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal. See Deposit Agreement and Disclosures and Deposit Rate Sheet for more detail about the penalty calculation.
To receive money with Zelle®, you’ll need to enroll your U.S. mobile number or email address (the sender needs to use the specific email address or U.S. mobile number that you enrolled). Please note that only U.S. mobile numbers are eligible. Voice over IP (VOIP), landlines and Google voice numbers are not eligible for Zelle® enrollment.
For your security, we restrict the number of transactions and the dollar amount you can send to recipients in any 24-hour, 7-day and 30-day period. If you have a personal and small business account, make sure you are logged in using your small business User ID for the small business limits to apply. View Zelle® transaction limits
To send or receive money with a small business, both parties must be enrolled with Zelle® directly through their financial institution's online and mobile experience. Transfers require enrollment in the service with a U.S. checking or savings account and must be made from an eligible Bank of America consumer or business deposit account. Transactions between enrolled users typically occur in minutes. Note that once you initiate your payment, money will be deducted from your available balance and placed on hold until the recipient enrolls. If your recipient does not enroll within 14 days of when the money is sent, the money is released back to your account, and the transaction is cancelled.
You can only cancel pending payments to recipients not yet enrolled with Zelle®. You can see incoming and outgoing Zelle® payments (both pending and completed) on the Zelle® Activity page.
All available 3rd party connections can be found on the App Library tab. We are always adding new connections, so remember to check the App Library regularly for any new additions.
Your top 5 inbound and outbound cash destination tiles can be found on the banking dashboard.
Unfortunately, credit card account data is not currently available in Connected Apps.
Unfortunately, transaction data is not currently available for download in Connected Apps. You can download transaction data from BA360 on the Activity tab for the account you are viewing.
Watch the video 
