Earn $750 with New Bank of America Business Checking Account
Bank of American has launched a new offer small business owners, offering a business checking account bonus of up to $750. The offer is available nationwide through the end of the year. Let’s see how it works.
The Offer
- Open a new eligible Business Advantage Banking account by December 31, 2026.
- Deposit New Money directly into that new eligible Business Advantage Banking account within 30 days of account opening. All New Money deposits will be totaled to determine which Cash Bonus you are eligible for:
- $400 cash bonus with $5,000 in new deposits
- $750 cash bonus with $15,000 in new deposits
- Maintain a daily balance between the thirty-one (31) calendar days after account opening and ninety (90) calendar days after account opening. During that period, if your daily balance drops below $5,000, you will no longer be eligible for a cash bonus.
Key Terms
- 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. Bank of America employees are not eligible for this offer.
- Only one Business Advantage Banking account bonus ($400 or $750) offer per business owner, regardless of the number of businesses owned or operated by the customer.
- The Business Fundamentals account waives the fee for 12 months for smaller companies with basic checking needs.
Conclusion
Bank of America is offering a bonus of $400 or $750 for new business checking accounts. You will need to deposit $5,000 or $15,000 within 30 days and keep that balance from day 31 to 90 after opening your account. So it makes sense to make that deposit as close to day 30 as possible, but not too close as you might risk missing the deposit window.
So if timed right, you will need to keep the money in the account for about 60-65 days. The account doesn’t earn any interest, so don’t keep your money for much longer after day 90. The account has no fees for small businesses for the first 12 months, so you don’t have to worry about minimum balances.
