Bank of America $750 Checking Bonus
Bank of America has a new bonus of up to $750 for customers who open a business checking account. This offer is available nationwide and direct deposit is not required, which makes it available to more people. Let’s see how this bonus works, and who is eligible.
How to Earn This Bonus
Earn your cash bonus of up to $750 in three steps:
Are You Eligible?
Here are the eligibility details for this bonus:
- This bonus is available nationwide
- This offer is intended for new customers only; you are not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage Banking account within the last twelve (12) months. Bank of America employees are not eligible for this offer.
- Only one Business Advantage Banking account bonus ($400 or $750) offer per business owner, regardless of the number of businesses owned or operated by the customer.
Account Fees
The Business Fundamentals account waives the fee for 12 months for smaller companies with basic checking needs. To avoid the $16 Monthly fee after the first 12 months, meet one of the following requirements during each checking statement cycle:
- Maintain a $5,000 combined average monthly balance in eligible linked business deposit.
- Use your Bank of America business debit card to make at least $500 in new qualified purchases. Spend $500 or more in new net purchases each statement/billing cycle using a linked Bank of America business debit card. Purchases must post to that card account to qualify. Purchases must be made on only one of the debit card accounts; purchases on any combination of debit cards cannot be aggregated to reach the monthly spend.
- Be a Preferred Rewards for Business member. Please see the Preferred Rewards for Business disclosure.
There is no early closing fee.
Guru’s Wrap-Up
This is a good bonus from Bank of America and it doesn’t require a direct deposit. The offer is available online and nationwide.
You will need to open a new business checking account and deposit $5,000 or $15,000 within 30 days. It’s best to make the deposit closer to the 30th day. You then need to keep that balance from days 31 to 90 after opening your account. So that’s about 60+ days. That should give you a much better return than what you’re able to earn through interest elsewhere.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. You can also access bonuses available in your state by visiting dannydealguru.com/tag/NY-bank-bonus/. Just replace NY with your state or with “nationwide”.
And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
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💡 Link & Full Details
- OFFER PAGE
- Max Bonus: $750
- Account Type: Business Checking
- Availability: Nationwide
- Type of Inquiry: Soft pull
- Direct Deposit Requirement: No
- Other Requirements: $5K/$15K balance
- Credit Card Funding: No
- Monthly Fee: No (for 12 months)
- Early Account Closing Fee: No
- Expiration Date: 12/31/26
HT: Doctor of Credit
