Before opening this account, compare the bonus against direct deposit rules, monthly fees, minimum balance requirements, and any clawback period after payout.
Min $2,000 in qualifying direct deposits (for $100 bonus)
Qualifying direct deposits: $2,000 minimum for $100 bonus, $5,000 for $300, $10,000 for $500
Common pitfalls
New customers only
Cannot have owned/co-owned a BofA personal checking account in last 12 months
Online only
One bonus per account and per customer
What makes this offer different
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.
Bonus value versus similar offers
The sign-up bonus is below the current nearby $2,250 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 January 30, 2027.
How long do I have to qualify for Bank of America Checking Bonus?
The qualifying period listed for Bank of America Checking Bonus is within 90 days of account opening.
When does Bank of America Checking Bonus pay out?
The payout timeline listed for Bank of America Checking Bonus is Within 60 days after 90-day qualifying period.
✓Open eligible Bank of America Advantage Banking checking account online (Advantage SafeBalance Banking, Advantage Plus Banking, or Advantage Relationship Banking)
✓Keep account open and in good standing through payout
✓Qualifying Direct Deposits totaling $2,000 (for $100), $5,000 (for $300), or $10,000 (for $500)
✓Open a new eligible Bank of America Advantage Banking account (SafeBalance, Plus, or Relationship)
✓Set up and receive qualifying direct deposits totaling the applicable threshold within 90 days of account opening
✓Open a new eligible Bank of America Advantage Banking checking account (Advantage SafeBalance Banking, Advantage Plus Banking, or Advantage Relationship Banking)
✓Receive qualifying direct deposits totaling $2,000, $5,000, or $10,000+ within 90 days of account opening
✓Minimum qualifying direct deposits of $2,000, $5,000, or $10,000 within 90 days of account opening
✓Open eligible Bank of America Advantage Banking account (SafeBalance, Plus, or Relationship Banking)
✓Receive qualifying direct deposits totaling $2,000+ for $100 bonus, $5,000+ for $300 bonus, or $10,000+ for $500 bonus
✓Deposits must post within 90 days of account opening
✓Open a new eligible Bank of America Advantage Banking account (SafeBalance Banking, Advantage Plus Banking, or Advantage Relationship Banking)
✓Receive qualifying direct deposits totaling at least $2,000 (for $100), $5,000 (for $300), or $10,000 (for $500) within 90 days of account opening
✓Account must remain open and in good standing
✓Open eligible Bank of America Advantage Banking checking account online through promotional page
✓Qualifying direct deposits are regular monthly income (salary, pension, Social Security)
⚠
⚠Offer cannot be combined with other checking offers
⚠Limited to one bonus per account and per customer
⚠New customers only - no Bank of America personal checking account ownership within last 12 months
⚠Online application only
⚠One bonus per customer, per account
⚠Cannot be combined with other Bank of America checking offers
⚠New customers only (no Bank of America personal checking account in last 12 months)
⚠Must open through promotional webpage
⚠Fiduciary accounts (e.g., trusts) and SafeBalance for Family Banking not eligible
⚠Online only — may not be available if you leave the page, visit bankofamerica.com, or call the bank
⚠Fiduciary accounts and business accounts not eligible
⚠Bank of America Advantage SafeBalance Banking for Family Banking accounts not eligible
⚠New checking customers only — no Bank of America personal checking account ownership in last 12 months
⚠No Bank of America personal checking account ownership in past 12 months
⚠Fiduciary accounts not eligible
⚠Advantage SafeBalance Banking for Family Banking accounts not eligible
⚠No Bank of America personal checking account in last 12 months
⚠Online enrollment only
⚠Bank of America Advantage SafeBalance Banking for Family Banking accounts are not eligible
⚠Must not have owned or co-owned a Bank of America personal checking account within the last 12 months
⚠Account must remain open and in good standing to receive bonus
⚠Family Banking accounts not eligible
Minimum deposit to open: $25 (SafeBalance), $100 (Plus/Relationship)
Monthly maintenance fee: $12 (waived with qualifying direct deposits of $250+ or min daily balance of $1,500)
Bonus is taxable income — Bank of America will issue Form 1099
Qualifying Direct Deposits must be regular monthly income (salary, pension, Social Security) with account/routing numbers provided to payer
Non-qualifying: teller deposits, wire transfers, debit card transfers, ACH transfers, Mobile/Online Banking transfers, transfers from bank/brokerage accounts
Account must remain open and in good standing through bonus payout
Bonus treated as taxable income
Qualifying Direct Deposit defined as direct deposit of regular monthly income (salary, pension, Social Security) using provided account/routing numbers
Account must remain open and in good standing to receive bonus
Bonus is taxable income; Bank of America may issue Form 1099
Advantage SafeBalance requires $25 minimum opening deposit; Plus and Relationship Banking require $100 minimum
Advantage SafeBalance has $4.95 monthly fee (waived if under 25 or maintain $500 minimum balance)
Qualifying Direct Deposit is regular monthly income from employer or payer using provided account and routing numbers
Non-qualifying transfers include: teller deposits, wire transfers, debit card transfers, ATM transfers, online/mobile banking transfers, or transfers from other bank/brokerage accounts
Fiduciary accounts and business accounts not eligible
Bonus is taxable income; Bank of America may issue IRS Form 1099
Offer available online only and may not be available if you leave the page or visit bankofamerica.com main site
Three eligible account types: Advantage SafeBalance Banking, Advantage Plus Banking, or Advantage Relationship Banking