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Bank of America Promotions: June 2025

You can often find decent promotional bonus offers for opening a new Bank of America bank account. These offers usually come with checking accounts, but you may see them on savings accounts as well. Right now, you can earn a $300 bonus for opening a new Advantage Plus account and getting $2,000 in direct deposit💦s, for a return of 15%.

It’s not a bad offer if you want an account from Bank of America in particular. But it’s not as good as the 澳洲幸运5官方开奖结果体彩网:best bank bonuses currently available, which have highe🦄r bonus amounts and/or better returns on your♒ deposit.

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Bank of America : Advantage Plus – $300


bank of america logo
  • Bonus Amount: $300
  • Promotion Expiry: June 30, 2025
  • Qualifications: Direct deposit
How to Get the Bonus 
  1. Open a new Advantage Plus checking account: Use the link above to open a new account. The offer code should be added to your application automatically—make sure it’s included.
  2. Receive $2,000 in qualifying direct deposits within the first 90 days: Qualifying direct deposits include regular monthly deposits of salary or government benefits. ATM deposits and person-to-person payments, such as through Zelle, don’t count.
  3. Get the bonus: Bank of America will deposit the bonus into your account within 60 days. Your account must remain open and in good standing to receive the bonus.
Bonus Restrictions
  • Not eligible if you have owned a Bank of America personal checking account within the last 12 months
Account Fees/Details
  • Minimum initial deposit: $100
  • Monthly fee: $12, waived if you meet one of the following: have at least one qualifying direct deposit of $250 or more; maintain a minimum balance of $1,500; an account owner is a Preferred Rewards member
  • Out-of-network ATM fee: $2.50 at domestic ATMs; $5.00 at international ATMs
  • Overdraft fee: $10.00

Bank of America : Advantage Relationship – $300


bank of america logo
  • Bonus Amount: $300
  • Promotion Expiry: June 30, 2025
  • Qualifications: Direct deposit
How to Get the Bonus 
  1. Open a new Advantage Relationship checking account: You must use the link above to open a new account online. You should see the offer code automatically included in your application. 
  2. Receive $2,000 in qualifying direct deposits within the first 90 days: Eligible deposits include regular monthly payments, like paychecks. 
  3. Get the bonus: The bonus should be deposited into your account within 60 days. Your account must remain open and in good standing to receive the bonus.
Bonus Restrictions
  • Not eligible if you have owned a Bank of America personal checking account within the last 12 months
Account Fees/Details
  • Minimum initial deposit: $100
  • Monthly fee: $25, waived if you meet one of the following: maintain a minimum daily balance of $20,000; be a Preferred Rewards member
  • Out-of-network ATM fee: $2.50 at domestic ATMs; $5.00 at international ATMs
  • Overdraft fee: $10.00

Bank of America : Advantage SafeBalance – $300


bank of america logo
  • Bonus Amount: $300
  • Promotion Expiry: June 30, 2025
  • Qualifications: Direct deposit
How to Get the Bonus 
  1. Open a new Advantage SafeBalance checking account: You must use the link above to open a new account. The offer code should be added to your application automatically.
  2. Receive $2,000 in qualifying direct deposits within the first 90 days: Peer-to-peer payments, ATM deposits, and bank transfers don’t count.
  3. Get the bonus: Bank of America will deposit the bonus into your account within 60 days. Your account must remain open and in good standing to receive the bonus.
Bonus Restrictions
  • Not eligible if you have owned a Bank of America personal checking account within the last 12 months
Account Fees/Details
  • Minimum initial deposit: $25
  • Monthly fee: $4.95, waived if you meet one of the following: maintain a minimum daily balance of $500 or more; be under the age of 25; be a Preferred Rewards member
  • Out-of-network ATM fee: $2.50 at domestic ATMs; $5.00 at international ATMs
  • Overdraft fee: Transactions declined when balance is insufficient

Bank of America : Business Advantage Fundamentals – $200


bank of america logo
  • Bonus Amount: $200
  • Promotion Expiry: Dec. 31, 2025
  • Qualifications: Deposit, maintain balance
How to Get the Bonus 
  1. Open a new Business Advantage Fundamentals Banking account: You don’t need a special offer code, but you must apply online.
  2. Deposit $5,000 or more in the first 30 days: This must be new money, meaning money that is new to Bank of America. It can’t come from another BofA account.
  3. Maintain an average daily balance of $5,000 or more for 60 days: You must maintain this balance during the “Maintenance Period,” which lasts from 31 days after account opening to 90 days after account opening. 
  4. Receive the bonus: Bank of America should deposit the bonus into your account within 60 days of meeting the requirements.
Bonus Restrictions
  • Not eligible if you have owned a Bank of America Business Advantage Banking account within the last 12 months
  • Must open an account online
  • Bank of America employees are not eligible
Account Fees/Details
  • Monthly fee: $0 for the first 12 months, then $16; waived if you meet one of the following criteria: maintain a $5,000 combined average balance; make $500 in eligible purchases with your debit card; be a Preferred Rewards for Business member
  • Excess transaction fee: No fee for first 20 transactions per statement cycle; $0.45 per transaction after that
  • Cash deposit fee: No fee for first $5,000 deposited per statement cycle at ATMs and financial centers; $0.30 per $100 deposited after that

Bank of America : Business Advantage Relationship – $200


bank of america logo
  • Bonus Amount: $200
  • Promotion Expiry: Dec. 31, 2025
  • Qualifications: Deposit, maintain balance
How to Get the Bonus 
  1. Open a new Business Advantage Relationship Banking account: Unlike many promotions, you don’t need a special offer code to get the bonus. You must apply online, however.
  2. Deposit $5,000 or more in the first 30 days: The deposits must be of new money—money that is new to Bank of America. It must be transferred from outside of Bank of America.
  3. Maintain an average daily balance of $5,000 or more for 60 days: You must maintain this balance during the “Maintenance Period,” which lasts from 31 days after account opening to 90 days after account opening. 
  4. Receive the bonus: Bank of America should deposit the bonus into your account within 60 days of meeting the requirements.
Bonus Restrictions
  • Not eligible if you have owned a Bank of America Business Advantage Banking account within the last 12 months
  • Must open an account online
  • Bank of America employees are not eligible
Account Fees/Details
  • Monthly fee: $29.95; waived if you meet one of the following criteria: maintain a $15,000 combined average balance; be a Preferred Rewards for Business member
  • Excess transaction fee: No fee for first 500 transactions per statement cycle; $0.45 per transaction after that
  • Cash deposit fee: No fee for first $20,000 deposited per statement cycle at ATMs and financial centers; $0.30 per $100 deposited after that

In the News

In the News: The Fed held rates steady for a third consec🐼utive time at its May 7 meeting. Three rate cuts from September through December last year lowered the 澳洲幸运5官方开奖结果体彩网:federal funds rate by a full percentage point to a range of 4.25%–4.50%, its lowest range since February 2023. High-yield checking accounts closely follow the fed funds rate, which means interest rates are expected to come down if the Fed lowers rates.
Interest rate hikes can directly impact the rate you receive on your interest checking and savings accounts. It's wise to see if your bank offers a 澳洲幸运5官方开奖结果体彩网:high-yield savings account. You could also see if it offers one of the 澳洲幸运5官方开奖结果体彩网:best CD rates right now. Combineꦗd, these accounts could help you earn the maximum amount of money on the cash you keep at your💛 financial institution.

Compare Bank of America Promotions

Promotion  Bonus Amount  Promotion Expiry  Qualifications* 
$300 June 30, 2025 Offer code, direct deposit
  $300  June 30, 2025 Offer code, direct deposit
  $300  June 30, 2025 Offer code, direct deposit
  $200  Dec. 31, 2025 Deposit, maintain balance 
  $200  Dec. 31, 2025 Deposit, maintain balance 
Promotions are only available to new Bank of America account holders.

How We Track Bank Account Bonuses

Every business day, Investopedia tracks 24 banks and credit unions and the current, new, extended, and expired account bonuses they offer customers. Banks are chosen based on consumer interest, and we add banks to our list as needed to ensure we report on the best bank bonuses. We update our picks for the 澳洲幸运5官方开奖结果体彩网:best bank account bonuses, the 澳洲幸运5官方开奖结果体彩网:best checking account bonuses, and the 澳洲幸运5官方开奖结果体彩网:best savings account bonuses as needed, chosen based on bonus amounts, bonus requirements, and account features.🐼 Investopedia aims to provide news about checking ✃and savings account bonus offers so you can take advantage of them as soon as possible.

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