✓Set up and receive qualifying direct deposits within 90 days of account opening
✓Open eligible account online through promotion page
✓Set up qualifying direct deposits (regular monthly income such as salary, pension, or Social Security)
✓Receive minimum qualifying direct deposits within first 90 days of account opening
✓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)
Restrictions
⚠New customers only
⚠No Bank of America personal checking account ownership within the last 12 months
⚠Online-only application
⚠Must open through promotional page
⚠New checking customers only (no BofA checking account in last 12 months)
⚠Online-only offer
⚠One bonus per customer
⚠Cannot be combined with other checking offers
⚠No account ownership/co-ownership within last 12 months
⚠Online only
⚠One bonus per account and per customer
⚠New checking customers only
⚠Must open through promotion page
⚠Account must not have been owned or co-owned within the last 12 months
⚠Not owned or co-owned a Bank of America personal checking account within the last 12 months
⚠Fiduciary accounts and Bank of America Advantage SafeBalance Banking for Family Banking accounts not eligible
⚠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
Fees
$0 account opening fee
$4.95 monthly maintenance fee (waived with $500+ daily balance or Preferred Rewards membership)
$0 account fee (with qualifying conditions or Preferred Rewards membership)
$0 account fee for SafeBalance (if under 25 or $500+ daily balance)
$12 monthly fee for Advantage Plus (waivable with direct deposit)
$25 monthly fee for Advantage Relationship (waivable with qualifying balance)
$0 monthly fee for Advantage Plus Banking with $1,500 minimum daily balance or one $250+ direct deposit per statement cycle
$4.95 monthly fee for SafeBalance Banking (waived if under 25, maintain $500 minimum, or enrolled in Preferred Rewards)
$25 monthly fee for Advantage Relationship Banking (waived with $10,000 combined balance or Preferred Rewards)
Advantage SafeBalance Banking: $0 monthly fee for youth under 25, others variable
Advantage Plus Banking: $12 monthly fee (waivable with $250+ direct deposit or $1,500 minimum balance)
Advantage Relationship Banking: $12 monthly fee (waivable with conditions)
SafeBalance Banking: $4.95 monthly (waived if under 25, maintain $500+ daily balance, or Preferred Rewards member)
Advantage Plus Banking: $12 monthly (waived with $250+ qualifying direct deposit or $1,500+ daily balance)
Advantage Relationship Banking: $25 monthly (waived with $20,000+ combined balance or Preferred Rewards member)
SafeBalance: $4.95 monthly (waived if under 25, $500+ minimum daily balance, or enrolled in Preferred Rewards)
Plus: $12 monthly (waived with qualifying direct deposits of $250+, $1,500+ minimum balance, or Preferred Rewards)
Relationship: $25 monthly (waived with qualifying direct deposits of $2,500+ or Preferred Rewards)
Bonus will be reported as taxable income
Different bonus tiers depend on total direct deposits received in first 90 days
Fiduciary accounts and Family Banking accounts ineligible
Bonus deposited approximately 60 days after all requirements met
Fiduciary accounts (trusts) and Family Banking accounts not eligible
Business accounts not eligible
Bonus amounts based on total qualifying direct deposits received in first 90 days
Qualifying direct deposits are regular monthly income (salary, pension, Social Security benefits)
Wire transfers, cash deposits, and fund transfers do not count
Bonus may constitute taxable income; Bank of America may issue IRS Form 1099
Account must be open and in good standing when bonus is paid
Bonus is taxable income and will be reported to IRS
Bank of America may change or discontinue offer at any time before expiration
Qualifying Direct Deposit is regular monthly income from employer or payer (salary, pension, Social Security)
Does not include teller deposits, wire transfers, debit card transfers, ATM transfers, or inter-account transfers
Bonus is taxable income; Bank of America will issue 1099-INT or 1099-MISC
Offer available online only and not available if you leave the page or visit bankofamerica.com
Account must remain open and in good standing through bonus payout date
Qualifying Direct Deposits defined as regular monthly income (salary, pension, Social Security) via employer or payer
Non-qualifying: teller deposits, wire transfers, debit card transfers, ATM transfers, Online/Mobile Banking transfers, transfers from other accounts
Bonus taxed as income; Bank of America will issue Form 1099
Offer cannot be combined with any other checking offer
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
Before opening this account, compare the bonus against direct deposit rules, monthly fees, minimum balance requirements, and any clawback period after payout.
Minimum $2,000 in qualifying direct deposits within 90 days of account opening
Eligible accounts: Advantage SafeBalance Banking, Advantage Plus Banking, or Advantage Relationship Banking
Open eligible Advantage Plus Banking, Advantage Relationship Banking, or Advantage SafeBalance Banking account
Receive qualifying direct deposits totaling $2,000+ within 90 days of account opening
Common pitfalls
New customers only
No Bank of America personal checking account ownership within the last 12 months
Online-only application
Must open through promotional page
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 $1,500 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 September 29, 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 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 of meeting requirements.
✓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)
⚠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
⚠Online application required
⚠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
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