Bank of America Checking Review 2025

Bank of America is one of the largest banks in the U.S., with a long history and a national presence. It offers several checking account options through its Advantage Banking program, giving customers flexibility based on their financial needs. New customers may also be eligible for a $500 bonus when they meet the direct deposit requirement. For those who want both branch access and digital features, Bank of America could be a strong everyday option.

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_{Bank of America, Member FDIC.}

Pros

• Up to $500 new account bonus for qualifying customers
• Three account types with varying features and fees
• Mobile alerts and virtual assistant included in mobile app
• Cashback deals through BankAmeriDeals® program
• Debit card lock/unlock feature available

Cons

• Monthly fees apply if you don’t meet certain activity requirements
• Interest only available with Advantage Relationship Banking
• No overdraft protection for SafeBalance account

How Bank of America Checking Works

Bank of America’s Advantage Banking program includes three personal checking options: SafeBalance, Plus, and Relationship Banking. Each account has different features, fees, and minimum opening deposits.

Advantage SafeBalance Banking is the most basic option. It helps limit overspending by not allowing overdrafts and doesn't include check writing. It requires a $25 opening deposit and carries a $4.95 monthly fee, which may be waived for students under age 25 or those who qualify for other criteria.

Advantage Plus Banking starts with a $100 opening deposit and includes check writing and optional overdraft protection. It charges a $12 monthly fee, which can be avoided by setting up qualifying direct deposits or maintaining a minimum daily balance.

Advantage Relationship Banking is geared toward those with higher balances. It also requires a $100 deposit to open and offers interest earnings, plus access to additional services. The monthly fee is $25, with waiver options available based on combined balances across linked Bank of America accounts.

New customers can qualify for a $500 bonus by opening an eligible checking account by January 31, 2026, and receiving direct deposits totaling $2,000 or more within 90 days. The Family Banking version of SafeBalance is excluded from this offer.

Key Features

• Mobile alerts to track balances and card activity
• Virtual assistant “Erica” in the mobile app for guidance
• Debit card lock/unlock controls for added security
• Cashback opportunities with BankAmeriDeals®
• Preferred Rewards program available for eligible customers

_{Our site is regularly updated with new offers.
For the latest info, click here to visit Bank of America’s site.}

Final Thoughts

Bank of America’s checking options give customers flexibility based on how they manage their money. Features like low or no monthly fees and cashback deals may add convenience to everyday banking. The $500 bonus and different account levels offer something for a range of needs, especially for customers who prefer a bank with both in-person and digital access.

Visit Bank of America ➜

_{Bank of America, Member FDIC.}

Bank of America may change rates, fees, or product terms at any time. For the most current information, visit their site using the button above.

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_{Bank of America Bonus Offer Disclaimer: Offer valid through 1/31/2026. Terms and conditions apply.}