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.
- Update 11/28/2023: The offer has been extended through 6/30/24. Here’s another business banking offer to look into.
- Update 9/19/2023: You can earn a $1,000 bonus with this other Bank of America business checking offer. You’ll need to make at least a $30,000 deposit though.
- Update 6/30/2023: Offer has been extended through 12/31/2023.
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, 2024: 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: 6/30/2024
Other related Bank of America offers to consider:
- $200 bonus for a personal checking account
- $1,000 bonus for a business checking account with a $30,000 deposit requirement
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:
- Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking.
- Make Qualifying Deposits of $5,000 or more in new money* within thirty (30) days of account opening.
- 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.
READ MORE: WELCOME OFFERS FROM CHASE, BANK OF AMERICA, TD BANK, AXOS, AND BMO.
Bottom Line
Great value offer for a business checking account. Typically isn’t available all year long.
More from Bank of America:
- Best Bank of America Checking Account Bonuses, Offer Codes of April 2024
- Bank of America Checking Bonus: Earn $200 Offer – Ends 5/31/24
- Bank of America Business Checking Account $1,000/$1,500 Bonus – 5/31/24
- Merrill Edge & Bank of America Promotions: Up To $3,000 Checking & Brokerage Bonus – Ends 4/30/24
- Bank of America Student Checking $50 Bonus Offer – Ended
- Bank of America Business Checking Account $500 Bonus – Ended
- Bank of America Checking $300 Bonus Offer (Targeted) – Ended
- Merrill Edge Promotions: $600, Up To $750, and Up To $7,500 Investment Offers
- [Expired] Bank of America Savings Account $100 Bonus [Targeted]
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.