Bank of America has two checking account options for medium-sized businesses, Fundamentals and Relationship Banking. Here are the details on both so you can decide which might be right for you.

To qualify for the Preferred Rewards for Business program, you need an active Bank of America business checking account and a three-month combined average daily balance of $20,000 or more in ...

$75 will be earned for each statement cycle, up to $300 during when you meet two requirements: 1) the average daily balance in your Basic Business Checking account or Business Interest Checking ...

The base standard APY is just 0.01%, with no meaningful rate bumps unless you link a higher-tier checking account. Business CDs (Tie) Chase and Bank of America offer business CDs with similar term ...

You might think your side business is too small to warrant having a separate business bank account. Maybe you’re just starting out and it feels too soon to bother juggling multiple accounts.

To qualify for the $200 cash bonus for a new business checking account at Bank of America, ... Bank of America earned a higher-than-average score of 690 in J.D. Power’s 2023 U.S. Small Business ...

6 steps to open an account with Bank of America Step 1: Select an account. Bank of America provides checking, savings, and certificates of deposits (CDs) for individual and joint accounts.

$2.50+ fee for non-Bank of America ATM use; Best for Integrations. Novo Checking Account. ... Once you’ve selected the best small-business checking account for your needs, ...

At a minimum, a small business should open a business bank account; ideally, consider free business checking accounts that don’t charge a monthly maintenance fee.