Bank of America Advantage
SafeBalance Banking®

Banking that helps you avoid overdrawing your account.

How it works:

If you need help spending only what's in your account, but also want many of the same features of a traditional checking account, Bank of America Advantage SafeBalance Banking® may be right for you.

With Bank of America Advantage SafeBalance Banking®:

  • Transactions are declined if there are insufficient funds to cover transactions – with no overdraft or returned item fees1
  • There are no paper checks. Instead you can pay individuals and businesses using a debit card, bill pay in Online or Mobile Banking2 or transfer money with Zelle® using someone’s email or U.S. mobile phone number3
  • Low $4.95 monthly maintenance fee waived for:

Learn more about Bank of America Advantage SafeBalance Banking® and if it’s right for you.

How to switch your account setting

1 While this account prevents you from overdrawing in most cases, there may still be times when your account could have a negative balance. This could happen if a transaction is approved for one amount, but the actual charge is more than the amount of money in your account. For example, when you use your debit card for a meal and then add a tip. In this situation, the full payment may go through and result in a negative balance on your account, but we will not charge you an overdraft fee.

2 Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.

3 Zelle should only be used to send money to friends, family or others you trust.

We recommend that you do not use Zelle to send money to those you do not know. Transfers require enrollment in the service and must be made from an eligible Bank of America consumer or business deposit account to a domestic bank account or consumer debit card. Recipients have 14 days to enroll to receive money or the transfer will be canceled. Transactions typically occur in minutes when the recipient's email address or U.S. mobile number is already enrolled with Zelle. We will send you an email alert with transaction details after you send money using Zelle. Dollar and frequency limits apply. See the Online Banking Service Agreement at for further details. Data connection required. Message and data rates may apply. Neither Bank of America nor Zelle offers a protection program for any authorized payments made with Zelle.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

4 Fee waiver only applies for the first 4 checking accounts. Visit the Preferred Rewards page for a list of no-fee banking services.

5 Students under age 24 are eligible for a waiver of the monthly maintenance fee while enrolled in a high school, college, university or vocational program. Please refer to your Personal Schedule of Fees for details.

Please review the Personal Schedule of Fees also available at your local financial center.

Bank of America Advantage SafeBalance Banking, Bank of America Advantage Relationship Banking, Bank of America and the Bank of America logo are registered trademarks of the Bank of America Corporation.

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