Bank of America Advantage Plus Banking®

Bank of America Advantage Plus Banking® Review

Bank of America Advantage Plus Banking® is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Advantage Plus Banking® is available in 50 states (and Washington, DC).

Key Takeaways

• Monthly maintenance fee waiver. The maintenance fee may be waived for eligible students under 25, those who are enrolled in Preferred Rewards, have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least $1,500 each statement cycle.
• $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• No ATM fees. Bank of America Advantage Plus Banking® does not charge fees on ATM transactions within its network but there is a fee of up to $2.50 for out-of-network ATM transactions.
• Bill pay. Pay your bills to practically anyone in the United States through Bank of America.

Bank of America Advantage Plus Banking® Pros & Cons

Bank of America Advantage Plus Banking® FAQ

Are 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 Advantage Plus Banking® offer?

What are the account minimums for Bank of America Advantage Plus Banking®?

Bank of America Advantage Plus Banking® requires a minimum initial deposit of $100 to open an account.

What fees does Bank of America Advantage Plus Banking® charge?

Does Bank of America Advantage Plus Banking® charge overdraft fees?

What features and perks does Bank of America Advantage Plus Banking® 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 Advantage Plus Banking® monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Bank of America Advantage Plus Banking® allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Bank of America Advantage Plus Banking®?

The customer support email for Bank of America Advantage Plus Banking® is customerservicealert@bankofamerica.com.

How do people rate the customer service and user experience of Bank of America Advantage Plus Banking®?

Overall, Bank of America Advantage Plus Banking® is mostly recommended based on community reviews that rate customer service and user experience.