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Bank of America Business Checking Account $200 Bonus – Ends 6/30/23

John H. by John H.
May 21, 2023 11:41 pm CDT
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Earn a $200 cash bonus for opening a new business checking account with Bank of America. You’ll need to make at least a $5,000 deposit to qualify for the offer.

READ MORE: EARN A $100 BONUS FOR A PERSONAL BANK OF AMERICA CHECKING ACCOUNT

Offer Details

  • What you’ll get: $200 bonus
  • Where it’s available: Nationwide
  • How to earn it:
    • Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account by June 30, 2023: AND
    • Make Qualifying Deposits of $5,000 or more in new money into your new Business Advantage Banking account within thirty (30) days of account opening; AND
    • Maintain an average balance of $5,000 for the next 60 days (day 31-90) during the Maintenance Period.
  • When it expires: 6/30/2023
OFFER LINK
moneysmylife.com article image deals offers

READ MORE: WELCOME OFFERS FROM CHASE, AXOS, BANK OF AMERICA, TD BANK AND U.S. BANK.

Fine Print

  • Offer available only to applicants who apply for a new account online and intended for new customers only.
  • Not eligible for the offer if you were an owner or signer on a Bank of America Business Advantage checking account within the last twelve (12) months.
  • Only one bonus ($200) per business customer, regardless of the number of businesses owned or operated.
  • Bank of America employees are not eligible for this offer.
  • Bank of America may change or discontinue this offer at any time, without notice.
  • Reproduction, purchase, sale, transfer, or trade of this offer is prohibited.

Requirements to earn a Business Advantage checking Bonus of $200:

  1. Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking.
  2. Make Qualifying Deposits of $5,000 or more in new money* within thirty (30) days of account opening.
  3. Maintain an average balance of $5,000 during the Maintenance Period**.

Additional Terms:

  • Account applications are subject to approval.
  • The bonus may constitute taxable income and may be subject to withholding tax or other amounts.
  • Consult a tax advisor for tax advice.
  • Refer to the Business Schedule of Fees for account fees, rates, and information.
  • New Business Advantage checking accounts must remain open until the earned bonus is paid.
  • The earned cash bonus will be deposited within 60 days from the end of the qualifying period; otherwise, a check will be issued.

Bottom Line

Great value offer for a business checking account. Typically isn’t available all year long.

More from Bank of America:

  • Bank of America Checking Account $100 Bonus Offer – Ends 6/30/23
  • Best Bank of America Promotions of June 2023 ($100 – $1000 Offers)
  • Bank of America Checking $300 Bonus Offer (Targeted) – Ended
  • Bank of America Student Checking $50 Bonus Offer – Ended
  • Bank of America Send Money With Zelle, Get $10 Bonus
  • Bank of America Business Checking Account $500 Bonus – Ended
  • Merrill Edge Promotions: $600, Up To $750, and Up To $1,000 Investment Offers
  • [Targeted] Bank of America Savings Account $100 Bonus

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

Tags: bank of americabank of america bonusbest business bonusbest no direct depositno direct deposit
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John H.

John H.

As a passionate advocate for financial wellness, I am dedicated to uncovering and sharing the top bonus deals to maximize your earning and savings potential. In my free time, I am a seasoned traveler, constantly creating itineraries for my next adventurous journey.

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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

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*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

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