Bank Of America Business Account Promotion – Bank of America is offering up to a $500 bonus when you open a new Business Advantage checking account OR a Business Foundation checking account as follows:
The Business Advantage checking account comes with a monthly fee of $29.95 per month, but that fee is waived for the first three months. After this introductory period, you must do one of the following to keep it free:
Bank Of America Business Account Promotion
The fine print notes that the offer is “only available to customers who receive this offer through direct contact from a Bank of America Small Business Specialist or a Bank of America contact.” Looking at our previous post, it’s not entirely clear to me if this has been implemented. Three readers just received this $500 offer before or after logging into their Bank of America account. One of them had a long string of numbers attached to the URL in an offer that appeared after logging in, so that was probably the “direct contact” target of the offer. You may also be able to get this offer from a Bank of America business specialist in branch, it’s worth making an appointment before you go.
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I don’t see the need for a period of time for the $20,000. That said, I’d probably put the money towards the end of the 60 days and leave it there for up to 60 days from an account, just to avoid doubt. . Then I would withdraw $17,000 and leave $3,000 in the Basics account to avoid the monthly fee until the bonus positions. There is no early termination fee on the account.
It may be worth making the $20,000 deposits in cash or check at the branch to avoid doubt as well.
There was a $500 “like” bonus that Bank of America ran for a while, except it required a credit card or merchant services and wasn’t what we’d call a regular bank bonus. This one is simple enough, with $20,000 tied up by the end of 60 days to trigger the $500 bonus. allows customers to view and manage their rewards across multiple Bank of America rewards programs. Customers will begin seeing My Rewards in online banking next week, with the launch of the Bank of America mobile app to follow in October.
My Rewards gives consumers an easy-to-use tool to track the rewards they earn through Preferred Rewards, credit cards and BankAmeriDeals®, all organized into one centralized dashboard. The dashboard summary page shows the total value of their prize winnings, detailing how much they won from each program. It also shows users how to maximize the value of rewards they’ve earned and redeem them, and provides recommendations for new customer rewards.
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Preferred Rewards has three tiers, and each tier offers users a wide range of benefits over everyday banking products. As a Bank of America customer’s eligible bank and Merrill Lynch or Merrill Edge investment balance grows, so does their level of benefits and privileges. With BankAmeriDeals, customers earn cash back on the deals they choose when they pay with their Bank of America credit or debit card.
“My Rewards is a game changer that will enhance our industry-leading rewards programs. It gives users a new level of visibility into the rewards they’ve earned so far and how they can earn even more as their relationship with us grows,” said David Tyrie, Chief Executive Officer Consumer Products. “My Rewards will change the way our customers think about their rewards, providing greater transparency between programs to make it easier to earn and redeem rewards.”
My Rewards has a new, easy-to-use interface that allows customers to easily see their total rewards earnings and more information about each program. For example, customers enrolled in Preferred Rewards can see credit card rewards bonuses, banking discounts, $0 Merrill Edge online stock and ETF trades, and loan discount benefits. Customers can also view and redeem credit card rewards and learn more about opportunities to shop and earn with BankAmeriDeals.
“Our 36 million digital customers continue to drive our mobile innovation, and My Rewards is a great example of that,” said Michelle Moore, head of Consumer Advanced Solutions and Digital Banking. “Customers have told us they want more visibility into how their benefits stack up, and this new feature gives them a convenient place to view and manage their benefits. “
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This announcement follows a significant milestone for the Preferred Rewards program, which recently surpassed 5 million registered users.
Bank of America’s digital banking platform is an evolution of greater customer engagement and satisfaction, serving more than 36 million digital customers, including 25 million active mobile users. The award-winning mobile app was the first to receive a JD Power certification for ‘Outstanding Mobile Banking Customer Experience’. In the second quarter of 2018, mobile banking customers logged into their accounts 1.4 billion times, made 139 million bill payments and deposited 34 million checks via mobile.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and medium-sized businesses and large corporations with a full range of banking, investment, asset management and financial products and services. The company provides unparalleled convenience in the United States, serving approximately 67 million consumer and small business customers with approximately 4,400 retail financial locations, including more than 1,700 lending centers, more than 1,900 Merrill Edge Investment Centers and more more than 1. , 300 business centers; approximately 16,100 ATMs; and award-winning digital banking services with over 36 million active users, including 25 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America provides industry-leading business support to approximately 3 million small business owners through a suite of innovative and easy-to-use online products and services. The company serves customers through operations in the United States, its territories and more than 35 countries. You can buy or sell shares of Bank of America Corporation on the NYSE trading map.
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This credit card is best for business owners who spend moderately and maximize cash back rewards in their chosen category.
Gig workers, freelancers, small business owners, and anyone starting a business should consider a business credit card to separate personal and business expenses. This Bank of America Business Advantage Personalized Cash Rewards credit card review examines the card as an option.
Even if you don’t have established business credit, you can apply for and get a business credit card using your personal credit. The Bank of America Current Cash Rewards Credit Card can earn you the most money when the majority of your business spending occurs in one type of category.
Intro Bonus Get a $300 online credit bonus after you make at least $3,000 in net purchases within the first 90 days of account opening – no annual fee and no cash rewards
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