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® Checking New checking customers can earn $200 for opening an eligible
checking account with qualifying deposits. *
*Online offer only Get started
opens a new window $200 bonus offer
If you are a smaller business with basic banking needs, Business Fundamentals
® Checking is ideal. This simple checking solution offers convenient access to thousands of ATMs, financial centers and Small Business Online Banking. Plus, you can access your account anytime, almost anywhere, from a computer, tablet or smartphone with Online and Mobile Banking. footnote1 With Business Fundamentals
® Checking you will get:
A Business Investment savings account with no additional monthly fee
A business employee debit card with detailed record keeping and expense tracking to allow your employees to make purchases for you
No monthly fee when you make new qualifying purchases of at least $250 on your linked Bank of America
® business debit or credit card footnote2 Plus, you can avoid a monthly fee if you meet certain requirements —
Ready to apply?
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Business documentation such as filing documents, organizing documents, articles of incorporation and/or certificate of resolution
SSN/Business Tax ID
Name and address of the business
The state in which the business operates
The state in which the business was formed
Date the business was established
The SSN, address and DOB of the business owner
When your application is complete, you will receive a confirmation email within a couple of hours.
You will need to send in the business documentation used in your application for your business type.
After your account is approved, you must send a signature card through traditional mail or take the card to a local financial center.
You can fund your account while applying, by using your debit card, transferring money from another account or writing a check at a financial center.
Once your account is open, you can use Online Banking immediately, and you will receive your checks and debit cards in 7 to 10 business days.
Requirements to Receive the $200 Bonus: You must: (1) be approved for and open a new Bank of America Business Fundamentals ® Checking or Business Advantage Checking account online by December 31, 2017 AND (2) make at least $1,000 in Qualifying Deposits (less cash received) into that new business checking account within sixty (60) days of account opening. “Qualifying Deposits” are deposits of funds into your new Small Business checking account new to Bank of America. A transfer done via ATM, online, or teller, or a transfer from a Bank of America consumer account or brokerage accounts such as Merrill Edge ® or Merrill Lynch account is not a Qualifying Deposit.
Additional Terms: If you meet the Requirements to Receive the $200 Bonus, we will make every attempt to deposit the earned $200 Bonus directly into your new business checking account within ninety (90) days of meeting the Requirements to Receive the Bonus. If we are unable to make the deposit, a check will be issued. The new business checking account must be open up to and including the date the earned Bonus is paid in order to receive the Bonus.
All deposit account applications are subject to our normal approval process. Please consult a financial center, visit
bankofamerica.com or see the Business Schedule of Fees for information about account fees, rates and other account features. You will not qualify for the $200 Bonus until you provide all of the information we require in connection with opening the account by the promotion end date. This includes information we require to identify each account owner and to report the Bonus to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W-8 (or other appropriate form) to you that reflects the value of such bonus. To the extent required by law, Bank of America may withhold tax from, or report information about, the bonus payment. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice. Reproduction, purchase, sale, transfer or trade of this offer is prohibited. Offer cannot be combined with any other offer and is limited to one bonus per new business customer and account. Offer does not apply to personal or second or multiple business checking accounts. Offer is not available for Bank of America employees.
© 2017 Banc of America Merchant Services, LLC. All rights reserved. All trademarks, service marks and trade names referenced in this material are the property of and licensed by their respective owners. Merchant Services are provided by Bank of America, N.A. and its representative Banc of America Merchant Services, LLC. Banc of America Merchant Services, LLC is not a bank, does not offer bank deposits, and its services are not guaranteed or insured by the FDIC or any other governmental agency.
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ARGRG7LJ 03.16.18 | CAST# 64370 04.13.17