![[Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online)](https://i0.wp.com/www.doctorofcredit.com/wp-content/uploads/2023/09/bank-of-america-1k-2-1024x435.png?w=2048&resize=2048,2048&ssl=1 "[Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online)")
Exclusive Business Checking Account Bonus!
Update 4/3/24: Exciting news – the deal has been extended until May 31, 2024! You won’t find this offer online, but it’s available through friendly small business bankers in-branch. Thanks to Rapid Travel Chai for the tip!
Contents
Offer Highlights
- Max Bonus Amount: $1,500
- Availability: Nationwide with targeted language
- Direct Deposit Required: No
- Additional Requirements: Deposit and maintain $30,000
- Hard/Soft Pull: Soft
- ChexSystems: Unknown
- Credit Card Funding: Debit card funding up to $300
- Monthly Fees: Avoidable
- Early Account Termination Fee: None
- Household Limit: Not specified
- Expiration Date: Dec 31, 2023
Seize the Opportunity!
Click here to grab this exclusive deal (currently available in-branch only)
- Bank of America is offering a fantastic $1,000 bonus for opening a new business checking account. Simply follow these steps:
- Deposit $20,000 or more within 30 days
- Maintain an average balance of $20,000 for the next 60 days (day 31-90) to qualify
- For an even bigger reward, there’s a $1,500 bonus up for grabs:
- Deposit $50,000 or more within 30 days
- Maintain an average balance of $50,000 for the next 60 days (day 31-90)
![[Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online)](https://www.doctorofcredit.com/wp-content/uploads/2023/09/bank-of-america-1k-2-1024x435.png "[Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online)")
The Nitty-Gritty Details
- This offer is exclusive to business owners who receive direct communication from Bank of America. New customers only. One bonus per business customer. Employees not eligible. Offer expires on Dec 31, 2023.
- To qualify for the $1,000 bonus:
- Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals account
- Deposit $30,000 within 30 days
- Maintain $30,000 average balance for the next 60 days
- Consult a tax advisor for potential tax implications.
- All bank bonuses are considered income and taxable.
Don’t Miss Out on the Rewards!
Take advantage of this lucrative $1,000 bonus opportunity with Bank of America. While the 90-day commitment may seem hefty, it’s a better return than most accounts offer. Plus, no early termination fee! Keep an eye on the targeted language, but this is definitely a deal worth considering.
For more banking bonus tips and insights, check out the useful posts below:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Recent updates:
- Update 1/18/24: Bonus options now include $1k for $20k deposit or $1.5k for $50k deposit
- Targeted language in this offer should be noted, though past experiences show flexibility
