Bank of America Business Advantage
Bank of America
Branch checking with the first year free
Business Advantage Fundamentals Banking has no monthly fee for the first 12 months, then $16 a month unless you keep a $5,000 combined average balance, spend $500 on the business debit card, or join Preferred Rewards for Business. Relationship Banking is $29.95 a month with the same kinds of waivers. Business Advantage is for businesses that want a large branch network. Businesses looking for high interest on checking should look elsewhere.
What Bank of America Business Advantage connects to
Accounting
Accounting tools in our catalog · found on vendor and marketplace pages, October 2026 · 2 of 2 checked by us
Sources
- QuickBooks Online: bankofamerica.com/smallbusiness/online-banking/quickbooks/faqs/, found 2026-10-12, checked 2026-10-15
- Xero: xero.com/us/accounting-software/connect-your-bank/, found 2026-10-12, checked 2026-10-15
Getting help with Bank of America Business Advantage
- How to reach them
- Phone: plans not stated · Mon–Fri 7 a.m.–11 p.m. ET; Sat 8 a.m.–8 p.m. ET
We found no public status page for Bank of America.
From Bank of America's support and pricing pages, October 2026 · checked by us 2026-10-14 · How we gather this
Sources
- bankofamerica.com/customer-service/contact-us/small-business-banking/, read 2026-10-13
- business.bankofamerica.com/en/deposits/checking-accounts, read 2026-10-13
- Phone: “General servicing and PPP support 888.BUSINESS (888.287.4637) Mon–Fri 7 a.m.-11 p.m. ET Sat 8 a.m.-8 p.m. ET” (bankofamerica.com/customer-service/contact-us/small-business-banking/)
- Phone hours: “Mon–Fri 7 a.m.-11 p.m. ET Sat 8 a.m.-8 p.m. ET” (bankofamerica.com/customer-service/contact-us/small-business-banking/)
Why people pick it
- First year free
- Large branch network
Where it falls short
- $16 fee after a year unless waived
- Low interest
Alternatives in banking
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