Our $0 Liability Guarantee credits fraudulent transactions made with your debit card back to your account as soon as the next business day if your card is lost or stolen. Bank of America’s Advantage Plus checking account is probably what more folks will be interested in, assuming you have the $100 deposit required to open one. Overdraft Protection is not available for this account setting. Set custom alerts and savings goals. Simply select an account, enter your personal information, verify your information and choose features & funding options. However, if you use an ATM outside of the Bank of America … The monthly maintenance fee and key features are the same: Get help spending only what’s in your account to help avoid going into overdraft, Footnote 2 pay no overdraft fees and get convenient access without paper checks. Cards can be added to a digital wallet for use at stores, cardless ATMs and more. Monthly Maintenance Fee. Instead, they offer three tiers of their “Bank of America Advantage Banking” account. Bank of America Advantage SafeBalance Banking. Applies to each item that we decline or return unpaid. So, even if you do write a check, it will be declined, and returned unpaid, no matter whether you have enough money in your Advantage SafeBalance Banking balance or … Bank of America®Clarity Statement®. Fees may apply. It does come with the option to purchase paper checks and it is a bit easier to meet the monthly requirements to waive the … Check your mobile device If you're enrolled in this security feature, we sent a notification to your registered device. They also offer a student banking account. Not sure if SafeBalance is right for you? Link your Bank of America Advantage Savings account to your Bank of America Advantage Relationship Banking® account (waiver applies to first 4 savings accounts) or; When you are a Bank of America Preferred Rewards client (waiver applies to first 4 … Use your debit card, a digital wallet, or pay friends securely with Zelle® right from your phone. Students under age 24 may be eligible for a monthly maintenance fee waiver while enrolled in school. These ads are based on your specific account relationships with us. 2. If you opt out, though, you may still receive generic advertising. Transactions will be declined or returned unpaid when you have insufficient funds. Know now and react fast to important account changes. To waive the m… After November 11th, when you pay a bill, the debit from your account will typically occur on the Deliver By date (which may be 2-7 days after the Send On date). Here's what's changing: Expand all panels Bank of America Advantage Plus Banking– $100 opening deposit, $12 monthly f… You can always refer to our clarity statement if you have questions about your account. Bank of America offers a wide range of checking accounts for you to take advantage of, allowing you to take charge of your finances. You simply can't write checks. Advantage SafeBalance Banking accounts are now eligible for our Preferred Rewards and Banking Rewards programs and benefits, including monthly maintenance fee waivers. The Advantage Relationship checking account comes with a Bank of America Visa debit card to use almost anywhere. Bank of America Corp.'s (NYSE: BAC) Advantage SafeBalance Banking, a low-fee checking account created five years ago, is set to pass 1 million accounts by the end of this month. Send notification again Sign In with Passcode instead . Bank of America Surpasses 1 Million Advantage SafeBalance Banking® Accounts MONEY Magazine Recognizes the Company and Account as “Best for College Students” Charlotte Bank of America Advantage SafeBalance Banking®, one of the first banking accounts to eliminate overdraft fees, is on track to surpass 1 million accounts this month. Lock a missing card quickly and easily to prevent unauthorized use. Fees range from $4.95 to $25 but are all waivable by meeting certain requirements. Advantage SafeBalance: This setting has no overdraft fees - you can only spend what you have. Pick the 1 that works. Students under 24 who are enrolled in school may also qualify for a waiver. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. If you prefer that we do not use this information, you may opt out of online behavioral advertising. At account opening, choose an Overdraft Setting. We'll waive the monthly maintenance fee each statement cycle that you are enrolled in Preferred Rewards.Students under 24 who are enrolled in school may also qualify for a waiver. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Generally, these are account minimums or enrollment in the Preferred Rewards program. Bank of America Advantage SafeBalance Banking®, one of the first banking accounts to eliminate overdraft fees, is on track to surpass 1 million accounts this month. Have at least one qualifying direct deposit of $XXXX+ Learn about qualifying direct deposits, Maintain a combined balance of $XXXX or more in eligible linked accounts Learn about combined balances. Set up and receive two qualifying direct deposits of $250 or more each within 90 days of opening your new account. Last month,... | November 26, 2020 Bank of America Advantage SafeBalance Banking®: $4.95, may be waived as long as you’re enrolled in Preferred Rewards. Scroll down and click Advantage SafeBalance, then Open … The minimum opening deposit is $25. … Don't worry: Check images are stored securely at the bank and never on your device. Bank of America is offering a $300 bonus for targeted customers who receive a direct communication and already have an existing relationship with the bank. From a strategic point of view, this account takes a segment that has been a historic problem and quarantines the issue by using a segmentation strategy. Bank of America is offering a $300 bonus for targeted customers who receive a direct communication and already have an existing relationship with the bank. The minimum opening deposit is $100. based on 91107 zip code. If life changes, you can always switch it up later — without opening a new bank account. $100. If your financial situation changes, you can switch to the setting that works best for you. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. If you prefer that we do not use this information, you may opt out of online behavioral advertising. Member FDIC. If you opt out, though, you may still receive generic advertising. Since this waiver was introduced in June 2018, the number of students using Advantage SafeBalance Banking … The key features are the same: Get convenient access with multiple ways to waive the monthly maintenance fee and optional Overdraft Protection. each month. Safer sign-in, card locking features and more. Last month, MONEY named Bank of America the “Best Bank for College Students” and selected the Advantage SafeBalance Banking account as best for students. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Track your habits and set up budgets to take more control over your money. © 2020 Bank of America Corporation. Bank of America currently provides services to more than 3.3 million students nationwide. Just schedule an appointment at a financial center or call the number on the back of your debit card. How do I find my checking account number? US Bank: … What are the account minimums for Bank of America Advantage SafeBalance? Bank of America Advantage SafeBalance Banking. A checking account that’s designed to prevent overspending by rejecting your card if your balance is low. You can see the big picture with our interactive Spending and Budgeting tool. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. Here's what you'll get with each account setting. Students under 24 who are enrolled in … You can set custom alerts via email or text for things like a low balance, a pending deposit, an upcoming bill and more. How do I open a Bank of America Advantage SafeBalance Banking account? Bank of America Advantage Banking is a checking account layer with 3 settings. Bank of America ATM network and fees. Three Bank of America Checking accounts qualify for this bonus: 1. Member FDIC. You can apply online for a checking account, savings account, CD or IRA. It costs $4.95 per month unless you’re enrolled in Preferred Rewards. Know now and react fast to important account changes. Applies to each item that we pay into overdraft. That's why we waive our monthly maintenance fee for qualifying students layer. Bank of America no longer has a standard checking account. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Equal Housing Lender new window. Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least … Bank of America Advantage SafeBalance requires a minimum initial deposit of $25 to open an account. Deposit a check into your account using the camera on your smartphone or tablet and the Mobile Banking app. Bank of America offers one checking account with 3 settings. Please refer to your Personal Schedule of Fees for details. Bank of America Advantage SafeBalance Banking Checking Account: $4.95 (can be waived) $25 : 0.00% : Bank of America Advantage Plus Banking Checking Account: $12 (can be waived) $100 : 0.00% : Bank of America Advantage Relationship Banking … Monthly maintenance fee: $4.95. Non-Sufficent Funds (NSF): Returned Item fee. The monthly maintenance fee and key features are the same: Get help spending only what’s in your account to help avoid going into overdraft, pay no overdraft fees and get convenient access without paper checks. The Bank of America Advantage SafeBalance Banking comes with a lower monthly fee, no overdraft fees, and no checks, so if you don't mind a checkless checking account solution, and would like to avoid overdraft fees without additional overdraft protection, maybe it'd be better to open an Advantage SafeBalance Banking. You’ll keep the same account number and debit card even after you’ve switched. Bank of America Advantage SafeBalance offers an APY of 0.01% (APY stands for annual percentage yield, rates may change). Bank of America Advantage SafeBalance Banking® Bank of America Advantage Plus Banking® Bank of America Advantage Relationship Banking® Good if you want a way to help stay … No problem. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Advantage Banking is a checking account with 3 account settings for different financial needs. Need to access your account quickly? It also gives you access to the second largest bank-owned ATM network, with over 16,000 fee-free ATMs in the US. We remember what it's like just starting out. Bank of America Checking Account Fees. Transactions will be declined or returned unpaid when they exceed your balance. I did some research on this Advantage fee and it seems it applies to people with an Advantage checking account, who keep average balances less than $5,000. Bank of America Advantage SafeBalance Banking The Advantage SafeBalance Banking checking account has safeguards in place to help you spend within … Please note, you won’t be able to continue using paper checks if you switch into the Advantage SafeBalance account setting. Advantage Plus Banking: The minimum opening deposit for this setting is $100. The key features are the same: Earn interest on your balance, enjoy no-fee services, and link an additional 3 checking and up to 4 savings accounts with no monthly maintenance fee. 1 You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America ®personal checking or Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum … Open a with $25 for Bank of America Advantage SafeBalance Bankingor $100 for either Bank of America Advantage Plus Banking or Bank of America Advantage Relationship Banking We'll waive the monthly maintenance fee each statement cycle that you: Students under 24 who are enrolled in school may also qualify for a waiver.You can always refer to our clarity statement if you have questions about your account. Each account setting has a different set of features to offer you lexibility if your banking needs change. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. Advantage SafeBalance: This setting has no overdraft fees – you can only spend what you have. If you link an Advantage SafeBalance account to your Advantage Relationship account, the balance will qualify toward the combined balance required to avoid the monthly fee on the Advantage Relationship account. Then, a month later, a second $20 Advantage fee. You can open the Bank of America Advantage SafeBalance Banking account online, by phone or at a branch: Online. Bank of America Advantage SafeBalance Banking®, one of the first banking accounts to eliminate overdraft fees, is on track to surpass 1 million accounts this month. The monthly fee can be waived if you are a student under 24, or if you are enrolled in Preferred Rewards. Enroll now in Online Banking. Interest Checking is now Advantage Relationship Banking. SafeBalance Banking: $25; Plus Banking: $100; ... To enroll in this offer, open a new Bank of America Advantage Banking account through this page by June 30, 2021. These ads are based on your specific account relationships with us. Bank of America Advantage SafeBalance Banking Checking Account: $4.95 (can be waived) $25 : 0.00% : Bank of America Advantage Plus Banking Checking Account: $12 (can be waived) $100 : 0.00% : Bank of America Advantage Relationship Banking … Member FDIC. Your Bank of America Advantage Banking Account offers you the ability to choose from and switch between three account settings. Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or … Bank of America Advantage SafeBalance Banking, Bank of America Advantage Relationship Banking, A smart start for students – no monthly fee if you qualify, Helps keep you from spending more than you have — no overdraft fees, No fees on select services and additional accounts, Paper checks available (no charge or discounted depending on check style). We strive to provide you with information about products and services you might find interesting and useful. Have at least one qualifying direct deposit of. Total Security Protection® and fraud monitoring. Relationship-based ads and online behavioral advertising help us do that. To see if you’re targeted make sure that you check your “Activity Center” for the offer. Sign in to Online Banking and select your account from the Accounts Overview page, then go to the Information & Services tab. SafeBalance Banking ® is now Advantage SafeBalance Banking. Advantage SafeBalance Banking Checking Account - $100 Bonus; Bank of America: Pricing information from published website as of 1/16/2021. The Bank of … Bank of America Advantage Relationship Banking®: $25 monthly fee, waivable with one of the following: Maintain a combined balance of $10,000 or more across eligible linked accounts; Be enrolled in Preferred Rewards; Current Terms and Rates: Bank of America SafeBalance Banking… For savings, they only have one choice, but they do offer a savings option for individuals under the age of 18. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. You can link an eligible Bank of America account to cover transactions that exceed your account balance. Earn a $100 offer when you open a new Bank of America Advantage Account and meet all the requirements. $100. Their public nationwide offer is for $100 and to get it, you need to open a new checking account on their offer page. Bank of America Advantage SafeBalance Banking– $25 opening deposit, $4.95 monthly fee waived for eligible students or enrolees of Preferred Rewards 2. You can see the big picture with our interactive Spending and Budgeting tool. Sign in to the Bank of America Mobile Banking app using the fingerprint feature on your mobile device. You can avoid the Monthly Maintenance Fee when you enroll in the Preferred Rewards program (first. From the Bank of America website, click Checking, then Explore checking solutions. You will receive an email once your application is received and a follow-up email telling you whether it has been approved, plus any next steps. The SafeBalance Banking account has a monthly maintenance fee of $4.95. Bank of America, N.A. There is a $4.95 monthly maintenance fee for Advantage SafeBalance Banking®, a $12 monthly maintenance fee for Advantage Plus Banking® and a $25 monthly maintenance fee for Advantage Relationship Banking®, but only Advantage Relationship Banking … Online Banking enrollment is easy—and takes just a few minutes. Verify your identity in the app now to sign in to Online Banking. Bank of America ATM network and fees. Not sure if Relationship is right for you? There are no paper checks. Checkless banking with flexible ways to pay, Everyday banking with more ways to waive the monthly fee, Perks for higher balances, like fee waivers and interest. We strive to provide you with information about products and services you might find interesting and useful. All rights reserved. Earn a $100 offer when you open a new Bank of America Advantage Account and meet all the requirements. Equal Housing Lender new window. In short, this is Bank of America’s answer to the Bluebird or other prepaid card-type accounts with the advantage of providing basic full service banking. Paper checks are an included feature of the Bank of America Advantage Plus Banking and Bank of America Advantage Relationship Banking account settings. Bank of America, N.A. The Advantage Relationship checking account comes with a Bank of America Visa debit card to use almost anywhere. You can set custom alerts, Are a student under 24 enrolled in a high school, university or vocational program, Are enrolled in Preferred Rewards (applies to first 4 checking accounts). Bank of America $100 Checking Offer. Verify your identity in the app now to sign in to Online Banking. Relationship-based ads and online behavioral advertising help us do that. SafeBalance Banking® is now Advantage SafeBalance Banking. About 2 months ago I received a $20 “Advantage Fee” in my checking account. Students under age 24 are eligible for a waiver of the monthly maintenance fee for the Advantage SafeBalance and the Advantage Plus setting while enrolled in a high school, college, university or vocational program. Make sure you have enough money in your account a few days before the scheduled delivery date and keep it available until the payment is deducted. 1. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Need your new card fast? Yes. Bank of America Advantage SafeBalance Banking ® Bank of America Advantage Plus Banking ® Bank of America Advantage Relationship Banking ® Open now: Open now: Open now: Minimum opening deposit: $25. Accounts you had linked to your Interest Checking account will remain linked to your Advantage Relationship Banking account. Options that are available through the Advantage Banking is a checking account layer with 3 settings for... 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