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Bank of America

Business Advantage Checking Bonus

$400

bonus value

$400 when you open a new Bank of America Business Advantage checking account, deposit $5,000, and maintain for 60 days.

Expires: Dec 31, 2026

Requirements

1

Open Business Advantage Checking

New Bank of America business checking customers only

2

Deposit $5,000+ in new money

Within 30 days of account opening

3

Maintain $5,000 balance for 60 days

Funds must be new to Bank of America

4

Keep account open

Account must remain open for at least 6 months

Details

Minimum Deposit$5,000
Monthly Fee$17
Fee Waiver$5,000 minimum daily balance
Keep Open6 months min
Cooldown Period12 months
Direct DepositNot required

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Terms & Conditions

New Bank of America business checking customers only. Must deposit $5,000+ in new money within 30 days and maintain for 60 days. Funds must be new to Bank of America. Account must remain open for 6 months. Monthly fee waived with $5,000 minimum daily balance. One bonus per business. EIN or SSN required. Bonus reported on Form 1099-INT.

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Bonus Calculator

1 mo6 months24 mo
Bonus+$400
Net Value$400
Effective APY16.0%

Based on $5,000 deposit for 6 months

Eligible AgainAfter 12 months