The Bank of America Advantage Plus Banking Account is a checking account offered by Bank of America, one of the largest banks in the United States. It is designed for customers who want basic checking account features with added benefits and perks.
Here are some key features of the Bank of America Advantage Plus Banking Account:
Monthly maintenance fee:
The Advantage Plus Banking Account has a monthly maintenance fee, which can be waived if certain criteria are met, such as maintaining a minimum balance or setting up qualifying direct deposits.
Debit card:
The account comes with a Bank of America debit card, which can be used for purchases and ATM withdrawals.
Online and Mobile Banking:
The Advantage Plus Banking Account includes access to Bank of America’s online and mobile banking platforms, allowing you to manage your account, pay bills, and transfer money online or through your mobile device.
Overdraft protection options:
Bank of America offers various overdraft protection options, which allow you to link your checking account to another Bank of America account or credit card to avoid overdraft fees.
Bill pay:
The Advantage Plus Banking Account includes free online bill pay, allowing you to schedule and pay bills directly from your account.
Check writing:
The account allows you to write checks for payments and transactions.
Additional benefits:
Advantage Plus Banking Account customers may also have access to additional benefits, such as discounts on certain Bank of America products and services, and special offers on loans and credit cards.
It’s important to review the specific terms and conditions of the Bank of America Advantage Plus Banking Account, as fees, requirements, and benefits may vary. It’s also recommended to compare it with other banking options to determine which account best fits your needs and financial situation.
How to Open Bank of America Advantage Plus Banking Account
Opening a Bank of America Advantage Plus Banking Account is a straightforward process that can be done online, by phone, or in person at a Bank of America branch. Here are the general steps to open an Advantage Plus Banking Account:
Gather the required documents:
To open a Bank of America Advantage Plus Banking Account, you will typically need to provide personal identification, such as your Social Security number, date of birth, and contact information. You may also need to provide proof of residency, employment information, and other relevant details.
Choose a method to open the account:
You can open an Advantage Plus Banking Account online by visiting the Bank of America website, over the phone by calling Bank of America’s customer service, or in person by visiting a Bank of America branch.
Provide the necessary information:
Follow the prompts or provide the requested information to complete the application process. This may include providing your personal information, employment details, and financial information.
Review and agree to the terms and conditions:
Carefully review the terms and conditions of the Advantage Plus Banking Account, including any fees, account requirements, and other important information. If you agree to the terms, proceed with the application process.
Fund your account:
Depending on the method you chose to open the account, you may need to fund it during the application process. This typically involves transferring money from another bank account or making a deposit at a Bank of America branch.
Verify your identity:
Bank of America may require additional verification of your identity, such as providing a copy of your driver’s license or other identification documents.
Complete the application:
Once you have provided all the necessary information and funding, review your application to ensure accuracy, and submit it.
Wait for confirmation:
Bank of America will review your application and may contact you for any additional information or documentation. Once your application is approved, you will receive confirmation of your new Advantage Plus Banking Account, along with details on how to access and manage your account.
It’s important to note that specific requirements and processes may vary, and it’s recommended to review Bank of America’s website or contact their customer service for the most up-to-date and accurate information on how to open an Advantage Plus Banking Account.