Bank of America
Advantage Banking Bonus
Up to
$500
bonus value
Up to $500 when you open a new Bank of America Advantage Banking account and receive qualifying direct deposits within 90 days. $100 for $2,000+, $300 for $5,000+, $500 for $10,000+.
Bonus Tiers
| Deposit / Requirement | Bonus |
|---|---|
| $2,000+ in direct deposits | $100 |
| $5,000+ in direct deposits | $300 |
| $10,000+ in direct deposits | $500 |
Requirements
Open Advantage Banking account
New BoA checking customers only
Receive qualifying direct deposits
Total $2,000+ within 90 days ($100 bonus), $5,000+ ($300), or $10,000+ ($500)
Keep account open
Maintain for at least 6 months
Details
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Terms & Conditions
New Bank of America checking customers only. Tiered on qualifying direct deposits received within 90 days: $100 for $2,000+, $300 for $5,000+, $500 for $10,000+. 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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Based on $2,000 deposit for 6 months