Minimum Deposit To Open A Checking Account Bank Of America

Bank of america advantage plus.

Minimum deposit to open a checking account bank of america.

You don t have to open both checking and savings at the same bank. If you re looking for high rates compare bank of america s savings option with those at online banks. Bank of america advantage banking is a flexible checking account for your changing needs. This account is designed for individuals and students who want an account with a low minimum balance requirement the monthly service fee is 12 but bank of america will waive the fee if you have a monthly 250 direct deposit you maintain a 1 500 minimum daily balance you re a student less than 24 years old or you enroll in the preferred rewards program.

It offers a variety of features from digital only payments checkless checking to optional overdraft protection. When you enroll in this program and make qualifying purchases with your bank of america debit card we ll 1 round up your purchase to the nearest dollar amount and 2 transfer the difference from your checking account to your savings account. For example the basic level checking account offered through bank of america requires a 25 initial minimum deposit while the more feature rich checking account referred to as the bank of america.