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Bank of America Business Advantage

Earn a $450 bonus,* plus tailored solutions and personalized service to support your small business

Bonus offer available with a new small business checking account, credit card and Bill Pay. See details below.

Start by choosing the right checking account for your business:

Don't forget to apply for a business credit card when you apply for one of the following eligible checking accounts.

 

Business Fundamentals® Checking

The essential features your business needs

Apply now

Business Advantage Checking

All the essentials—plus premium benefits

Apply now
Maintenance fee
Maintenance fee

$15/month

Ways to avoid this fee Ways to avoid this fee

  • Spend $250 in net purchases on a small business debit or credit card2
  • Maintain an average monthly balance of $5,000 or more
  • Maintain a minimum daily balance of $3,000
  • Maintain a combined average monthly balance of $15,000 or more in your linked Bank of America business accounts3
  • Process $500 in net Clover® Go On Demand sales each merchant services statement cycle4

$29.95/month

Ways to avoid this fee Ways to avoid this fee

  • Spend $2,500 in net purchases on a small business credit card5
  • Maintain an average monthly balance of $15,000 or more
  • Maintain a combined average monthly balance of $35,000 or more in your linked Bank of America business accounts6
  • Actively use Bank of America Merchant Services7 and/or Payroll Services8
Good for you if...
Good for you if...

You spend at least $250 a month on your small business debit or credit card

or

Your average monthly balance is less than $5,000

You spend at least $2,500 a month on your small business credit card

or

Your average monthly balance is greater than $15,000

Second business checking account

Second business checking account

$12/month

No fee

Business savings account

Business savings account

Business Investment Account

No fee

Business Advantage Savings Account

No fee

Account management1 Manage your business finances with flexible tools and QuickBooks® integration

Account management1 Manage your business finances with flexible tools and QuickBooks® integration

$15/month

No fee

Avoid the monthly maintenance fee Do just one of these things each statement cycle

  • Spend $250 in net purchases on a small business debit or credit card2
  • Maintain an average monthly balance of $5,000 or more
  • Maintain a minimum daily balance of $3,000
  • Maintain a combined average monthly balance of $15,000 or more in your linked Bank of America business accounts3
  • Process $500 in net Clover® Go On Demand sales each merchant services statement cycle4
  • Spend $2,500 in net purchases on a small business credit card5
  • Maintain an average monthly balance of $15,000 or more
  • Maintain a combined average monthly balance of $35,000 or more in your linked Bank of America business accounts6
  • Actively use Bank of America Merchant Services7 and/or Payroll Services8

Earn a bonus of up to $450*

$100 Open business checking

Open a new eligible Bank of America® small business checking account.

Make Qualifying Deposits of $1,000 or more within the first 60 days of account opening.

$50 Set up Bill Pay

Pay at least two bills through Bill Pay.**

Pay within the first 60 days of opening your new small business checking account.

$300 Use your credit card

Apply and get approved for a Bank of America® eligible small business credit card.

Spend $3,000 in Net Purchases within the first 90 days of account opening.

Banking support and convenient tools to help you reach your business goals:

Improved cash flow

Run your business more efficiently with Bank of America Merchant Services.

Hire-to-retire solutions

Get payroll and HR support for your business from ADP®.9

Business Advantage 360

Manage cash flow from a single dashboard via Mobile and Online Banking.10

Secure, convenient deposits

Deposit checks from your home or office with Remote Deposit Online.11

Get even more benefits when you enroll in Business Advantage Relationship Rewards12

No Fees

on select everyday banking services (inbound wires, stop payments and more)13

25%-75% Rewards Bonus

on eligible business credit cards14

Cash Rewards

on Bank of America Merchant Services processing15

Interest Rate Booster

on Business Advantage Savings accounts16

Talk with a small business specialist to learn more about how to qualify and enroll.