Bank of America Business Offer

Bonus Details

Earn a cash bonus based on deposit amount:

$5,000 deposit → $400 bonus

$15,000 deposit → $750 bonus

How To Qualify

Open Fundamentals or Relationship Banking online through this offer. Deposit $15,000 in new money (not from Bank of America or Merrill accounts) within 30 days; maintain that daily balance on days 31–90 for $750. Owners or signers on a Business Advantage Banking account within the past 12 months are ineligible. Keep the account open and in good standing through bonus payment.

The Fine Print

Monthly Fees: $16
Credit Inquiry: Soft Pull
Household Limit: One bonus per business owner
Account Type: Business Bank Account
Expiration Date: 12/31/2026
Availability: Nationwide

Monthly Fee Details

Fundamentals: $16/month, waived the first 12 months; afterward, waive with a $5,000 combined average balance, $500 in qualifying purchases on one linked business debit card per statement cycle, or Preferred Rewards for Business membership. Relationship: $29.95/month; waive with a $15,000 combined average monthly balance in eligible linked business deposit accounts.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

This offer is intended for new customers only; you are not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage Banking account within the last twelve (12) months. Requirements to Receive a Business Advantage Banking Cash Bonus: Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account online through this offer’s webpage by December 31, 2026, to be enrolled in this offer. Deposit New Money* directly into that new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening (“Deposit Period”). Bonus Chart Balance Requirement Cash Bonus Tier $5,000 $400 $15,000 $750 Maintain a daily balance in that new Business Advantage Banking account that meets the applicable Balance Requirement (see Bonus Chart above) during the Maintenance Period**. * New Money is new funds deposited into your Business Advantage Banking account that are not transfers from other Bank of America accounts or Merrill investment accounts. ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening. The new eligible Bank of America Business Advantage Banking account must be open and in good standing up to and including the date any earned bonus is paid.