What makes this bank offer different
This is a bank-bonus fit for users who can satisfy a deposit rule quickly; the key comparison point is whether the required deposit type matches your normal cash flow.
Bank
Bank of America Checking Bonus — Up to $500
Sign up for Bank of America Checking Bonus and earn up to $500 in bonus rewards.
See all Bank of America offers →
Bonus Tiers
| Deposit | Bonus |
|---|---|
| $2,000 in direct deposits | $100 |
| $5,000 in direct deposits | $300 |
| $10,000 in direct deposits | $500 |
Qualifying Period
90 days
Payout
Within 60 days
Requirements
- ✓Qualifying direct deposits within 90 days of account opening
- ✓Account must remain open and in good standing through bonus payout
- ✓Open one of three eligible Bank of America Advantage Banking checking accounts (Advantage SafeBalance Banking®, Advantage Plus Banking®, or Advantage Relationship Banking®)
- ✓Set up and receive Qualifying Direct Deposits totaling $2,000 (for $100), $5,000 (for $300), or $10,000 (for $500) within 90 days of account opening
- ✓Maintain account in good standing through bonus payout date
- ✓Open a new eligible Bank of America Advantage Banking account (SafeBalance, Plus, or Relationship)
- ✓Receive qualifying direct deposits totaling minimum amount based on desired bonus tier within 90 days of opening
- ✓Open eligible Bank of America Advantage Banking account (SafeBalance, Plus, or Relationship)
- ✓Receive qualifying direct deposits totaling $2,000, $5,000, or $10,000+ within 90 days of account opening
- ✓Account must be open and in good standing at time of bonus payment
Restrictions
- ⚠New customers only
- ⚠No Bank of America personal checking account within last 12 months
- ⚠One bonus per account and per customer
- ⚠Online application only
- ⚠Cannot be combined with other checking offers
- ⚠Family Banking accounts not eligible
- ⚠New customers only (must not have owned or co-owned a Bank of America personal checking account in the last 12 months)
- ⚠Online application required
- ⚠One per household (one bonus per account and per customer)
- ⚠New customers only (no personal checking account ownership within last 12 months)
- ⚠Bank of America Advantage SafeBalance Banking® for Family Banking accounts not eligible
- ⚠Fiduciary accounts and business accounts not eligible
- ⚠New customers only — must not have owned or co-owned a Bank of America personal checking account within the last 12 months
- ⚠Online signup only through promotional page
Fees
- $0 account fee for eligible accounts with minimum balance or qualifying deposits
- Advantage SafeBalance Banking®: $4.95/month (waived for customers under 25, with $500 minimum daily balance, or Preferred Rewards members)
- Advantage Plus Banking®: $12/month (waived with qualifying direct deposit of $250+, $1,500 minimum daily balance, or Preferred Rewards membership)
- Advantage Relationship Banking®: $25/month (varies by balance tier)
- $0 monthly fee for qualifying accounts or when maintaining minimum balance
- Minimum deposit to open varies by account type: SafeBalance $25, Plus/Relationship $100
- Bonus is taxable income; may receive Form 1099
- Family Banking accounts are not eligible
- Bonus constitutes taxable income
- Bank will attempt to deposit bonus within 60 days of meeting requirements
- Fiduciary accounts and business accounts are not eligible
- Bonus constitutes taxable income; Bank of America will issue Form 1099
- Account must remain open and in good standing through bonus payout date
- Qualifying Direct Deposits are regular monthly income (salary, pension, Social Security) via employer/payer direct deposit using provided routing and account numbers
- Non-qualifying transfers include teller deposits, wire transfers, ATM transfers, online banking transfers, and transfers from other bank or investment accounts
- Qualifying Direct Deposit is regular monthly income (salary, pension, Social Security) deposited via employer/payer using provided account and routing numbers
- Bonus amount is taxable income — Bank of America may issue Form 1099
- All account applications subject to approval
- Bank of America may change or discontinue offer anytime before expiration without notice
ExpiredOffer expired May 30, 2026
Last updated July 6, 2026
How to evaluate Bank of America Checking Bonus
Before opening this account, compare the bonus against direct deposit rules, monthly fees, minimum balance requirements, and any clawback period after payout.
Qualification checklist
Timing
- Qualifying period
- 90 days
- Payout timeline
- Within 60 days
How to qualify
- Qualifying direct deposits within 90 days of account opening
- Account must remain open and in good standing through bonus payout
- Open one of three eligible Bank of America Advantage Banking checking accounts (Advantage SafeBalance Banking®, Advantage Plus Banking®, or Advantage Relationship Banking®)
- Set up and receive Qualifying Direct Deposits totaling $2,000 (for $100), $5,000 (for $300), or $10,000 (for $500) within 90 days of account opening
Common pitfalls
- New customers only
- No Bank of America personal checking account within last 12 months
- One bonus per account and per customer
- Online application only
What makes this offer different
Bonus value versus similar offers
The sign-up bonus is below the current nearby $2,000 median, so the requirements and any referral or portal stack matter more.
Requirement clarity
Credolix has extracted 4 requirements for this offer, so compare the bonus against the actual steps rather than the headline payout alone.
Frequently Asked Questions
When does Bank of America Checking Bonus expire?
Bank of America Checking Bonus expires on May 30, 2026.
How long do I have to qualify for Bank of America Checking Bonus?
The qualifying period listed for Bank of America Checking Bonus is 90 days.
When does Bank of America Checking Bonus pay out?
The payout timeline listed for Bank of America Checking Bonus is Within 60 days.
