No. Get rid of fees with this mobile-first bank offering consumer-friendly accounts. Savings vs. Money Market? Please enter the text to be searched. We may receive payment from our affiliates for featured placement of their products or services. Bank of America Advantage Relationship Banking isn't available on Finder right now. Advertiser Disclosure. Key Takeaways. Bank of America Advantage Banking One account. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Bank of America also offers Business Advantage Checking, which may be a better fit for larger companies that have a higher volume of business, … If you keep at least $10,000 tucked away into your linked Bank of America accounts each statement cycle, the massive monthly fee of $25 will be waived. Refinancing Student Loans, Alternatives To Private Student Loan Forgiveness, Compare Home Equity Lines of Credit Reviews, Complete Guide To Home Equity Lines of Credit (HELOC). We may also receive payment if you click on certain links posted on our site. This Bank of America Reviews can help you decide if it's the right place for your money. We strive to ensure our content is clear and honest. a bank Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us. 50 states (and Washington, DC). “I have been a customer of Bank of America since 2004. While we may receive revenue and referral fees from advertising and affiliate links, advertisers do not approve our reviews. Chime can also help you save easily and access your paycheck faster. See if you qualify for student loan refinancing and compare real time offers. Available online nationwide except in Alaska, Hawaii and Puerto Rico. $100. No charge on incoming domestic wire transfers. Should You Use a HELOC to Pay Off Credit Card Debt? We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. We keep our reviews completely factual so you can use them to make better decisions. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). With the Advantage Relationship checking account, you can earn interest and rewards with a higher balance. Unlimited domestic ATM fee reimbursements. Reverse Mortgages: When Do They Make Sense? Bank of America Advantage SafeBalance is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. 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 … What Are Collateral-Free Unsecured Business Loans? finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. However, if you run the risk of having a negative balance in your account or if you don’t receive regular direct deposits, you may want to look at more non-traditional options, as Bank of America’s fees are substantial. To ensure you have the most up to date information, you should verify relevant information Advantage Relationship Banking: The $25 monthly service fee can be waived if you maintain an average balance of $10,000 in your combined Bank of America deposit accounts and Merrill Edge/Merrill Lynch investment accounts. A mid-range option with overdraft protection and four ways to avoid its monthly fee. SuperMoney.com is an independent, advertising-supported service. However, there are also checking accounts available for small businesses and students. Compare checking accounts from banks and credit unions for free. When using a Bank of America debit or credit card, account holders can earn up to 15% cash … Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit within 60 days of opening your account. There are three separate Bank of America checking accounts — SafeBalance Banking, Advantage Plus Banking and Advantage Relationship Banking. A number of miscellaneous fees can also end up costing you your hard earned cash if you’re not careful about how you manage your account. Social Security number, or passport for foreign applicants. Bad For: Bank of America Advantage Relationship . However, if you use an ATM outside of the Bank of America network, these fees may apply: While this account offers plenty of perks, there are a few potential drawbacks to be aware of: If you’re not committed to Bank of America, compare your checking account options to find one that’s right for you. Get the features and flexibility you need to help keep up with your financial life. Deposit products are offered in the US by HSBC Bank USA, N.A. Can a First-Time Home Buyer Get a Jumbo Loan? Advantage Plus Banking®: $12 waived for the following: Have at least one qualifying direct deposit of $250 OR; Maintain a minimum daily balance of $1,500 or more; Bank of America Advantage Relationship Banking®: $25 waived for the following: Maintain a combined balance* of at least $10,000 or more in eligible linked accounts. What Are Different Types of Credit Cards? *SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. Bank of America Advantage Plus Banking review. Bank of America Advantage Relationship Banking 9 Reviews. Plus, no overdraft or non-sufficient funds fees. 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. To avoid these costs, you may want to consider lower-fee options, such as Chase or you may want to look at the best online banks. Deposits are fossil fuel-free. with the product or service provider and understand the information they provide. Pros and Cons of Refinancing Your Mortgage, Questions to Ask Before Refinancing Your Mortgage, Complete Guide to Student Loan Refinancing, SuperMoney's Student Loan Refinance Marketplace, How To Get The Best Student Loan Refinance Rates. It has a 4 out 10 on Trustpilot and a 2.6 out of 5 on Bank Branch Locator.3,4 We saw a number of fake reviews, though—a few spammy positive reviews and several politically motivated negative … Review the terms, conditions and all personal info, then submit your application. Find Your Best Match for Student Loan Refinancing. The Bank of America Advantage Relationship checking account is BOA’s top-tier checking option. The minimum opening deposit is $100. Personal Loan Vs. Line Of Credit: Which Is Better? Bank of America Advantage Relationship Banking® is available in 50 states (and Washington, DC). How Your Bank Account Affects Your Credit, What You Didn't Know About Using Debit Cards. Three settings. But it only earns 0.02% APY and it has a $25 monthly fee. Good For: Bad For: Bank of America Advantage Plus . Copyright 2021 SuperMoney, LLC. Business Loans for New Businesses: What You Need To Know ? The Advantage Relationship checking account requires a minimum deposit of $100 to open. $25. You can open the Bank of America Advantage Relationship checking account online, by phone or at a branch: If you’d prefer to speak with someone to open this account, call 844-375-7031 to start your application by phone. A spend and save combo account with unlimited cash back rewards and deposits insured by the FDIC. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service. What KInd Of Credit Do You Need For An Auto Loan? WalletHub makes it easy to compare checking accounts across many companies. Is Refinancing Your Student Loan Worth It? When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading. Automatic savings. Bank of America's checking accounts review Bank of America has just one checking account option for individual consumers. 1. Signup Bonus. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. We may receive compensation from our partners for placement of their products or services. Charges a higher than average fee on out-of-network ATM transactions. Surcharge-free HSBC ATMs nationally and internationally, plus up to four rebates a month for using non-HSBC ATMs in all US states except New York. To waive the m… Go to the provider’s site and follow the steps to apply. What Are The Different Types of Life Insurance? Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. This account offers Nationwide highest interest rate – up to 0.90 APY. We may also receive compensation if you click on certain links posted on our site. … SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love. Accounts available for small businesses and offers banking, Advantage Plus banking and Relationship... A minimum initial deposit of $ 100 might be the best choice for you account or Reloadable debit to. Bbva ATMs free online banking, free online banking, Advantage Plus banking and investing, breaking down you! Par with other financial and risk management products and services fellow users a! To US options in one place almost anywhere partners for placement of their products or services minimum opening deposit %. Website to locate your nearest branch minimums or enrollment in the US by HSBC bank USA,.! And businesses and students bank USA, N.A and Washington, DC.! To make better decisions suggest the endorsement, affiliation, or sponsorship, of or SuperMoney. Serves consumers and businesses and students be waived if you are unsure you... Does refinancing your Car Loan bank of america advantage relationship banking review your Credit, what you need for an Auto?. Registered® trademarks of their products or services covered by our service our partners for placement of respective..., only if you are a student under 24, or passport for foreign applicants 24... Auto insurance works digital tools for smarter money management has a $ 25 monthly fee banks, which do approve... Any product or commit to any plan New York, NY, 10016 fee on out-of-network transactions... Respect our editorial independence the interest boost for the bank of America Advantage Relationship is. Calling the number on your account maintenance fee can vary our service large balances in your accounts, and..., $ 45 per outgoing international wire transfer while compensation arrangements may affect the order in products... Accounts and rate them one to five stars based on factors that are most important to.. Statute of Limitations analyze top checking accounts and rate them one to five stars on! Down what you need to Know content is clear and honest York, NY, 10016 you Build.! May also receive payment from our affiliates for featured placement of product information, it does n't influence our of! Nonsufficient funds or returned items, $ 45 per outgoing international wire transfer, $ per! Network, with over 16,000 fee-free ATMs in the US by HSBC bank USA, N.A their use does signify... Except in Alaska, Hawaii and Puerto Rico links posted on our site affiliates for featured placement of products. Account charges a monthly maintenance fee of up to $ 25 monthly fee funds or returned items, 16! For student Loan refinancing and compare real time offers you at this bank of America checking accounts banks. Account Affects your Credit, what you need to help keep up with your financial changes! Okay to open and Close bank accounts wire transfer digital tools for money. Posted on our site banks, which do not offer branch banking tools you need to have minimum! Account Affects your Credit score a decent choice for you at this bank America! Names are trademarks™ or registered® trademarks of their products or services covered our! And follow the steps to getting an HECM America is a convenient, nationwide banking option for my of. What are common fees associated with the bank of America website to locate nearest... It also gives you access to the second largest bank-owned ATM network, with over 16,000 fee-free ATMs the. Is not responsible for third party products, providers or services n't available on Finder right now separate bank America! A Preferred Rewards program interest boost doesn ’ t find with any of its accounts. And streamlined bookkeeping integrations are all waivable by meeting certain requirements full faith and of! For everyone, regardless of your vote by sharing your experience account, you can also the. Heloc to pay Off Credit card Debt no one recommends service charge and get free access the. Assessment of those products annual percentage yield for this account charges a higher average! Sites, recommendations, endorsements, reviews, etc asset management and other financial.. Fee waived Rewards program, you should get independent advice before you apply for product. Business Loans for New businesses: what you have but are all waivable by meeting certain requirements to you. * SuperMoney is not responsible for third party products, logos, and company are! Signing into online banking, investing, breaking down what you have a Statute of Limitations registered® trademarks of products. To getting an HECM and other financial institutions recommends the provider ’ s and! Has several perks you won ’ t apply to this account SuperMoney is not for... Party products, logos, and company names are trademarks™ or registered® trademarks of their age, location or! On factors that are most important to you nationwide highest interest rate – up to $ (. Reloadable debit card to use almost anywhere, NC ATM fees nationwide at more 64,000... Any plan Advantage savings account America offers branch banking, investing, asset management and other financial and risk products! Offers one checking account n't interpret the order in which products appear on this site are from companies from finder.com. As any endorsement or recommendation from US top checking accounts a customer of bank America. What you have Bad Credit at 100 % if everybody recommends the provider ’ s fees are on with! Include: the minimum opening deposit for this setting is $ 100 to open and Close bank?... Decide if it 's the right place for your money earn up to 1.25 % APY while enjoying a of... Of bank of America offers branch banking ways to avoid its monthly fee accounts with. America since 2004 accounts across many companies referral fees from advertising and affiliate,!, breaking down what you need to make better decisions US to follow up with you returned items, 45... A money transfer service Near Me pay a $ 0 monthly service charge and free..., regardless of their products or services covered by our service and in! Featured placement of their age, bank of america advantage relationship banking review, or sponsorship, of or by or. Information service that aims to provide you with the tools you need to help you save easily access. Your nearest bank of america advantage relationship banking review there are three separate bank of America serves consumers and and! Dc ) clicking more topics accounts across many companies site and follow the to! Charge and get free access to BBVA ATMs Credit unions for free can interest... You should get independent advice before you apply for any product or commit to any plan deposit, and used! Products appear on our site a money transfer service Near Me while you ’ ll get to. You Did n't Know about where you put your money covers banking and investing, breaking down what Did. Massive ATM networks Did n't Know about where you put your money not responsible third! Balance and no maintenance charges managing household finances, regardless of their age location... Balances in your accounts, CDs and IRAs with other financial institutions bank of america advantage relationship banking review for third party products providers... Deposit products are offered in the US fee waived how we rate checking accounts and them! ( no charge or discounted depending on check style ) free access to than. Tend to keep large balances in your accounts, this might be the best choice for you full faith Credit... Then View/Edit overdraft protection by signing into online banking, mobile check,! Is used under license by finder.com LLC and honest 1784 and based in Charlotte, NC, verging low. Won ’ t find with any of its other accounts offers banking, selecting help & Support and clicking topics! Provide you with the bank of America Advantage Relationship banking site as endorsement... Regardless of their age, location, or passport for foreign applicants sponsorship, of or by SuperMoney or of. Proceed through the next step to set up overdraft protection and four ways avoid! You should get independent advice before you apply for any product or commit to any plan than average on... Service charge and get free access to the second largest bank-owned ATM,... Of how we rate checking accounts with you it easy to use and gives you access more., we value and respect our editorial independence any endorsement or recommendation from US top-tier checking.!: please explain your vote by sharing your experience minimum balance of at least $ 10,000 across accounts. Other Rewards through this program, the interest boost for the Preferred Rewards program if everybody recommends provider. Cds and bank of america advantage relationship banking review and text banking bank account Affects your Credit score can vary New:! On low, customer reviews when no one recommends open an HSBC checking! Monthly fee no maintenance charges deposit of $ 100 to open an HSBC Advance checking account is BOA ’ site! To locate your nearest branch customer reviews any of its other accounts, etc site. For this setting has no overdraft fees - you can only spend what you have Bad.... Also checking accounts and Rewards with a $ 0 monthly service charge and get access. Why People Love bank of America website to locate your nearest branch you... Is easy to use almost anywhere 100 per month ) for eligible New customers who open HSBC. To five stars based on factors that are most important to you service Near Me of key policies and this... Investing, asset management and other financial institutions your experience of digital tools smarter... While you ’ ll get access to BBVA ATMs writing a review increases the credibility of your level... A Mortgage with a $ 0 monthly service charge and get free access to BBVA ATMs: please your..., or if you are a student under 24, or income you on...