GOBankingRates

How To Open a Bank of America Checking Account

sshepard / Getty Images

Whether you need a convenient way to pay bills, track your finances or provide proof of payment, having a checking account can come in handy. It also serves as a more secure method of payment than cash.

Although there’s no shortage of financial institutions to choose from when you’re interested in opening an account, Bank of America, Member FDIC, is ranked as one of the best national banks of 2022. So it’s not by accident that the bank has several good checking account options for you to consider. Read on for the full details of the bank’s Advantage Banking checking accounts and what you’ll need to open an account.

What Do You Need To Open an Account at Bank of America?

To open a checking account with Bank of America, you’ll need to provide your personal information to complete the application, including:

You’ll be required to show two forms of identification. Acceptable primary forms of ID include:

Earn Perks With A New Checking Account

Your second form of ID verifies your primary ID. Types of acceptable secondary IDs include:

Decide Which Bank of America Account Is Best for You

Once you’ve gathered your documents, you’ll need to choose the Bank of America checking account that best suits your needs. Bank of America currently offers three options:

Earn Perks With A New Checking Account

Now that you’ve reviewed what Bank of America’s Advantage Banking checking settings have to offer, you can make an informed decision as to whether one suits your needs. If you’re still not sure or want to read more before you decide, check out a review of the bank that covers its products, fees and how it compares to its competitors.

Bank of America Checking Account FAQ

Although the basic idea behind a checking account can be simple to understand, there are still many common questions surrounding them, in part because there are so many different kinds. Here are the answers to some of the most frequently asked questions regarding checking accounts.
  • How much money do you need to open a Bank of America account?
    • Bank of America checking account settings have a low initial deposit amount. For Advantage SafeBalance, you only need $25 to open an account, and for Advantage Relationship and Advantage Plus settings, you'll need $100.
  • Can I open a bank account online with Bank of America?
    • Like most banks, Bank of America allows you to use an online banking system to open an account. If you prefer, you can visit one of the local branches to open a checking account.
  • Will my checking account be protected?
    • Bank of America takes your security seriously. The bank will send you alerts if your account exhibits suspicious behavior. Plus, you can set online alerts to notify you if you spend over a designated amount. You'll get an alert if anyone makes changes to the account. And if your card is lost or stolen, Bank of America will not hold you responsible for fraudulent charges.
    • You can also use the Bank of America online system or app to lock your debit card if you lose it, which gives you a chance to locate and reactivate it instead of canceling it.
  • Can I deposit a check without going to a branch?
    • It's not necessary to visit a Bank of America branch when you have a check to deposit. Instead, you can conveniently make a mobile deposit using your smartphone. Just follow these steps:
      • -Download the mobile banking app.
      • -Take a photo of the front and back of the check with your phone camera.
      • -Type in the exact amount of the check.
      • -Hit the "send" button.
      • -Check your account to verify the deposit.
  • Do Bank of America checking accounts have special benefits?
    • You can take advantage of two benefits when you open a Bank of America checking account:
      • -"Keep the Change" Savings Program: This program rounds up every purchase you make with your checking debit card to the nearest dollar and transfers that money to your savings account.
      • -BankAmeriDeals®: Use the mobile app to earn cash back by clicking on the deals you want. Use your debit card to shop, and your rewards will be credited to your account by the end of the following month.

Earn Perks With A New Checking Account

This article has been updated with additional reporting since its original publication.

Information is accurate as of Sept. 28, 2022.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.