How to request a Bank of America Advantage Banking account
A flexible checking account with tiered options to fit your lifestyle and banking needs.
By: BR Cartão
The Bank of America Advantage Banking Account offers a flexible checking solution with three tiered options—SafeBalance, Plus, and Relationship—designed to meet a variety of banking needs. Each account provides access to mobile and online banking, a contactless debit card, and tools like Zelle® for quick money transfers. Customers also benefit from a large network of ATMs and financial centers. Monthly fees can be waived by meeting conditions like maintaining a minimum balance or setting up direct deposits. New customers may qualify for a $300 bonus by meeting deposit requirements within 90 days. With strong security features and customizable alerts, this account suits both new and experienced banking customers.
thumb_up Know the Advantages
Bank of America Advantage Banking offers tailored options and convenient tools to help manage your money effectively. With three tiers to choose from, you can scale your benefits as your needs evolve. Digital features, extensive ATM access, and the ability to waive fees make it an appealing choice for everyday banking.
- done Three-tier system (SafeBalance, Plus, Relationship) to match user needs.
- done Fee waivers available through direct deposit or balance requirements.
- done $300 welcome bonus with qualifying direct deposits.
- done Access to award-winning mobile and online banking tools.
thumb_down Know the Disadvantages
Despite its strengths, the Bank of America Advantage Banking Account does have some downsides. Monthly maintenance fees can be a burden if you don’t meet waiver requirements. Additionally, overdraft fees apply to some tiers, and interest rates are relatively low compared to online banks. It’s a solid option, but not the best for those looking for high returns or completely fee-free banking.
- close Monthly fees if waiver requirements aren’t met.
- close Low interest rates even in the Advantage Relationship tier.
- close Overdraft fees apply in Advantage Plus and Relationship tiers.
help How to Apply for the Bank of America Advantage Banking Account
Opening a Bank of America Advantage Banking Account is quick and convenient. You can apply online, over the phone, or in person at a local branch. You’ll need basic personal information and a valid government-issued ID. To qualify for the $300 bonus, make qualifying direct deposits within the first 90 days. The application process is designed to be user-friendly, and the bank offers real-time status updates throughout.
- Visit the Bank of America website or branch (or click on the button bellow to be redirected)
- Select your preferred Advantage Banking tier.
- Fill out the application with personal and contact details.
- Submit a valid ID and Social Security number.
- Fund your new account.
- Set up qualifying direct deposits to earn your $300 bonus.