Bank of America Business Advantage Checking
Unaffiliated
Bank of America Business Advantage Checking
Cast your vote
Would you recommend Bank of America Business Advantage Checking to your friends?
| Community Rating |
Rating not yet determined |
| Monthly Fee | $0 - $29.95 |
| ATM Fee: Out-of-Network | Starting at $2.50 |
| Minimum Balance to Avoid Monthly Fee | Starting at $15,000 |
| APY (Annual Percentage Yield) | 0% |
Bank of America Business Advantage Checking Review
Bank of America Business Advantage Checking is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Business Advantage Checking are available in 50 states (and Washington, DC).
Key Takeaways
- 0% APY. As with most checking accounts, Bank of America Business Advantage Checking does not pay interest.
- Charges a monthly fee. This account charges a monthly service fee of up to $29.95, but the fee is waived if you keep a minimum balance of $15,000.
- Bill pay. Pay your bills to practically anyone in the United States through Bank of America.
Bank of America Business Advantage Checking Pros & Cons
| Pros | Cons |
|---|---|
|
|
Bank of America Business Advantage Checking FAQ
Are business checking accounts from Bank of America federally insured?
Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does Bank of America Business Advantage Checking offer?
Bank of America Business Advantage Checking is not an interest-bearing account.
What are the account minimums for Bank of America Business Advantage Checking?
| Description | Amount |
|---|---|
| Minimum Initial Deposit | $ |
| Minimum Combined Balance to Avoid Monthly Fee | $15,000 |
| Minimum Balance to Avoid Monthly Fee | $15,000 |
What fees does Bank of America Business Advantage Checking charge?
This account charges a monthly maintenance fee of up to $29.95.
| Description | |
|---|---|
| ATM Fee: In-Network | 0 |
| ATM Fee: Out-of-Network | Starting at $2.50 |
| Check Cashing Fee | 0 |
| Check Copy | 0 |
| Check Image Service | 0 |
| Debit Card Replacement Fee | $0 |
| Foreign Transaction Fee (Debit Card) | 3% |
| Monthly Fee | $0 - $29.95 |
| NSF Fee | 35 |
| Online Bill Pay Fee | $0 |
| Overdraft Item Fee | $35 |
| Overdraft Protection Fee (per transfer) | $12 |
| Paper Statement Fee | 0 |
| Returned Deposit Fee (Domestic) | $12 |
| Returned Deposit Fee (International) | $15 |
| Stop Payment Fee | $0 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - Domestic (Outgoing) | 30 |
| Wire Transfer Fee - International (Incoming) | $0 |
| Wire Transfer Fee - International (Outgoing) | 45 |
What features and perks does Bank of America Business Advantage Checking offer?
This account includes the following features:
- Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
- Fraud monitoring - Bank of America Business Advantage Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Bank of America Business Advantage Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website
may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking
on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message From Bank of America Business Advantage Checking
Contact
- Headquarters
-
100 North Tryon Street
Charlotte, NC 28255 USA - (800) 932-2775
- Visit Site
- Email Support
Other Services by Bank of America
View all business checking accounts offered by Bank of America
Availability
Available in 50 states and Washington, D.C.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Minimum Balance to Avoid Monthly Fee | Starting at $15,000 |
| Minimum Combined Balance to Avoid Monthly Fee | 15,000 |
Bank of America Business Advantage Checking Community Reviews
Would you recommend Bank of America Business Advantage Checking to your friends?
sorted by
Other Business Checking Accounts
Bank of America Business Checking Accounts
Loading...
Browse Business Checking Accounts
- Axos Bank Basic Business Checking
- BlueVine Business Checking
- Capital One Spark Business Unlimited Checking
- City Bank Small Business Checking Account
- Community First Bank Business Interest
- Hatch Business Checking
- Mercury Business Checking Accounts
- Navy Federal Credit Union Business Checking
- NorthOne Business Checking Account
- PNC Bank Business Checking
- Pacific City Bank Business Analysis Checking Account
- US Bank Silver Business Checking
