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Bank of America

Advantage Banking Bonus

Up to

$200

bonus value

$200 when you open a new Bank of America Advantage Banking account and receive qualifying direct deposits within 90 days.

Expires: Jul 31, 2026

Bonus Tiers

Deposit / RequirementBonus
$2,000+ in direct deposits$100
$4,000+ in direct deposits$200
$10,000+ in direct deposits$500

Requirements

1

Open Advantage Banking account

New BoA checking customers only

2

Receive qualifying direct deposits

Total $2,000+ within 90 days ($100 bonus), $4,000+ ($200), or $10,000+ ($500)

3

Keep account open

Maintain for at least 6 months

Details

Minimum Deposit$100
Monthly Fee$12
Fee Waiver$250+ monthly direct deposit or $1,500 minimum daily balance
Keep Open6 months min
Cooldown Period12 months
Direct DepositRequired

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Terms & Conditions

New Bank of America checking customers only. Qualifying direct deposits must total $2,000+ within 90 days. Direct deposits include salary, pension, Social Security, and other regular income. Bonus paid within 60 days of meeting requirements. Account must remain open for 6 months. Bonus reported on Form 1099-INT. Monthly fee waived with $250+ direct deposit or $1,500 minimum daily balance.

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Bonus Calculator

1 mo6 months24 mo
Bonus+$200
Net Value$200
Effective APY400.0%

Based on $100 deposit for 6 months

Eligible AgainAfter 12 months