Bank of America Advantage Plus Banking 2026 Review

Annual Percentage Yield (APY)
0.00% APY
Monthly Fee
$12
Welcome Bonus
$500
Apply Now →on Bank of America's website
Transaction limit:Unlimited free transactions at BofA ATMs
Minimum Deposit:$100

Annual Percentage Yield (APY):

0.00% APY

Welcome Bonus: $500

Earn up to $500 by opening a new checking account and meeting direct deposit requirements within 90 days.

Monthly Fee:

$12

Minimum Deposit:

$100

Transaction Limits:

Unlimited free transactions at BofA ATMs

What sets Bank of America Advantage Plus Banking apart is its flexibility and the ability to waive the monthly fee through various means, making it accessible for many customers. The account also offers a significant welcome bonus, which is appealing for new customers looking to maximize their banking benefits.

Pros:

  • Flexible banking options
  • Digital tools available

Cons:

  • No interest earnings
  • Monthly fee applies
learn more about this bank account on Bank of America's website →

In summary, the Bank of America Advantage Plus Banking account is well-suited for individuals seeking flexibility in fee waivers and a generous welcome bonus, making it an attractive option for both new and existing customers. However, those prioritizing higher interest rates may want to explore other options, as this account offers a 0.00% APY.

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