Bank of America - Complete Company Profile

Bank of America is a Finance company. Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individuals, small businesses, and large corporations. The company offers various services including consumer and commercial banking, wealth management, and investment services. Bank of America offers 14 products: Credit Cards, Home Loans, Auto Loans, Savings Accounts & CDs, Business Banking, Investing (Merrill), Mobile & Online Banking, Bank of America Private Bank, Personal Banking, Small Business Banking, Banking for Students and Young Adults, Corporate & Institutional Banking, Checking Accounts, Wealth Management.

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Bank of America

Bank of America offers a variety of banking and financial services, providing products for personal banking, business banking, investment management, and more.

Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individuals, small businesses, and large corporations. The company offers various services including consumer and commercial banking, wealth management, and investment services.

"Making financial lives better through the power of every connection."

About Bank of America

Bank of America is a Finance company serving global markets. Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individuals, small businesses, and large corporations. The company offers various services including consumer and commercial banking, wealth management, and investment services.

Company Details

Niche

Finance

What Bank of America Offers

14 products and services

Credit Cards

Bank of America offers a wide range of personal credit cards, including cash back, travel rewards, airline, low interest, student,...

Tap to Pay and chip technology for security
$0 Liability Guarantee on unauthorized transactions

Home Loans

Bank of America Home Loans offers a range of mortgage options to help customers purchase a home, with digital tools,...

Prequalification and preapproval options
Online application and document submission

Auto Loans

Bank of America offers auto loans for new and used cars, refinancing, lease buyouts, electric vehicles, accessible vehicles, and small...

Online application for auto loans
Prequalification process (no credit score impact, Bank of America login required)

Savings Accounts & CDs

Bank of America offers FDIC-insured savings accounts and certificates of deposit (CDs) designed to help customers save for short- and...

Personalized planning with Bank of America Life Plan®
Preferred Rewards program with tiered benefits

Business Banking

Bank of America Business Banking offers a comprehensive suite of financial products, digital tools, and resources for businesses of all...

Business checking and savings accounts (including Business Advantage checking)
Business credit cards (cash back, travel rewards, low interest, credit building)

Investing (Merrill)

Merrill (a Bank of America company) offers multiple ways to invest, including self-directed trading, guided investing, and investing with an...

Mobile & Online Banking

Mobile and Online Banking from Bank of America provides secure, 24/7 access to your accounts, allowing you to manage and...

Mobile Banking app for iOS and Android devices
Online Banking via web browser

Bank of America Private Bank

Bank of America Private Bank offers private wealth solutions, including sophisticated business and wealth strategies, philanthropic planning, and a wide...

Trust & estate planning and administration
Philanthropy and charitable giving advisory

Personal Banking

Bank of America Personal Banking offers a comprehensive suite of financial products and services for individuals, including checking and savings...

Checking accounts (including Bank of America Advantage Banking, student and young adult options)
Savings accounts (Advantage Savings), Certificates of Deposit (CDs), and IRAs

Small Business Banking

Bank of America Small Business Banking offers a broad range of products and services for businesses with up to $1...

Business checking and savings accounts
Business credit cards (cash back, travel rewards, credit building, low interest)

Banking for Students and Young Adults

Bank of America offers a suite of banking and investing products tailored for students and young adults, supporting their journey...

SafeBalance® for Family Banking with parental controls
SafeBalance Banking® for more features and capabilities

Corporate & Institutional Banking

Bank of America's Corporate & Institutional Banking provides a comprehensive suite of solutions and services for corporations and institutional investors,...

Treasury solutions (liquidity management, payments, receipts, supply chain finance, FX services)
Corporate credit cards

Checking Accounts

Bank of America offers Advantage Banking checking accounts designed to provide flexibility and meet customers at different stages of their...

Custom alerts for account changes and unusual activity
Debit card controls, including card locking and digital card access

Wealth Management

Bank of America Wealth Management offers a range of investment solutions through Bank of America banking and Merrill investing, designed...

Multiple investment approaches: advisor-led, self-directed, guided investing, private banking
Investment minimums tailored to each solution

Company Information

Enriched company details and information

Making financial lives better through the power of every connection.

Description

Bank of America offers a variety of banking and financial services, providing products for personal banking, business banking, investment management, and more.

What They Do

Bank of America provides a comprehensive range of financial services, including banking, loans, credit cards, investment services, and wealth management.

Who They Serve

Individuals, small businesses, corporations, and institutions in the United States and globally.

Key Value Propositions

Wide range of financial products
Strong online and mobile banking capabilities
Personalized financial advice and wealth management services
FDIC insured deposit products

Target Customers

Individuals
Small businesses
Corporations
Institutions

Industries Served

Banking
Financial Services
Investment Management
Wealth Management

Contact Information

Key Pages

API Information

API Summary

Bank of America provides various APIs for developers but specifics are not detailed in the provided content.

API Available
No

Homepage Full Text

Bank of America provides a wide range of financial services and products designed to meet the needs of personal, business, and institutional customers. It includes services like checking accounts, savings accounts, credit cards, loans for auto and home purchases, investment products, and wealth management services.

Products & Offerings

Detailed information about Bank of America's products and services. Each offering is enriched with AI-powered insights to help you understand capabilities, features, and use cases.

Product Overview

Bank of America offers a wide range of personal credit cards, including cash back, travel rewards, airline, low interest, student, secured, and co-branded cards. These cards are designed to meet various financial needs, help build or rebuild credit, and provide rewards and benefits tailored to different spending habits and lifestyles.

Key Features

  • Tap to Pay and chip technology for security
  • $0 Liability Guarantee on unauthorized transactions
  • Online and mobile banking account management
  • Customizable card designs (including limited-time options)
  • Ability to compare cards and check for personalized offers
  • Access to credit education resources

Key Benefits

  • Cash back or points on everyday purchases
  • Introductory bonus offers (cash, points, miles)
  • No annual fee options
  • No foreign transaction fee options
  • Low or 0% introductory APR offers
  • Preferred Rewards program for enhanced rewards
  • Build or rebuild credit with secured and student cards
  • Co-branded benefits (e.g., airline companion fares, cruise points, charity support)
Documentation
View Documentation
Who Is It For
  • Individuals seeking cash back or rewards on purchases
  • Travelers looking for travel or airline rewards
  • Students building credit
  • People looking to build or rebuild credit
  • Consumers seeking low interest or no annual fee cards
  • Customers interested in co-branded cards (airlines, cruises, charities)
Requirements
  • Must meet credit approval criteria for unsecured cards
  • Secured cards require a refundable security deposit ($200–$5,000)
  • Student cards typically require proof of student status
  • Online-only offers may not be available in branches or by phone
Detailed Sections
Credit Cards by Category

Bank of America offers credit cards in categories such as cash back, building credit, student, low interest, points rewards, travel rewards, and airline rewards.

  • Cash Back Credit Cards
  • Credit Cards for Building Credit
  • Credit Cards for Students
  • Lower Interest Rate Credit Cards
  • Points Rewards Credit Cards
  • Travel Rewards Credit Cards
  • Airline Rewards Credit Cards
Credit Cards by Feature

Cards can be filtered by features such as no annual fee, low intro APR, no foreign transaction fee, and Preferred Rewards eligibility.

  • Credit Cards with No Annual Fee
  • Low Intro APR Balance Transfer Credit Cards
  • Low Intro Interest Rate Credit Cards
  • No Foreign Transaction Fee Credit Cards
  • Preferred Rewards Credit Cards
Preferred Rewards makes your credit card even better

Preferred Rewards members earn 25%–75% rewards bonus on eligible Bank of America credit cards, plus additional banking and investment benefits.

  • 25%–75% rewards bonus on eligible cards
  • Additional benefits as qualifying balances grow
Check for personalized credit card offers

Answer a few questions to see what offers are available. This does not impact your credit score.

Connect one on one with a credit card specialist

Schedule an appointment to speak with a credit card specialist.

Home Loans

Bank of America Home Loans provides mortgage solutions for homebuyers, including first-time buyers and those seeking affordable housing options. The service features a digital mortgage experience, competitive rates, and a variety of loan types to meet different needs.

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Product Overview

Bank of America Home Loans offers a range of mortgage options to help customers purchase a home, with digital tools, competitive rates, and support for first-time and modest-income buyers. The offering includes fixed-rate and adjustable-rate mortgages, affordable loan solutions, and special programs for eligible customers. Customers can prequalify, estimate costs, and apply online or with a lending specialist.

Detailed Description

Bank of America Home Loans provides mortgage solutions for homebuyers, including first-time buyers and those seeking affordable housing options. The service features a digital mortgage experience, competitive rates, and a variety of loan types to meet different needs.

Key Features

  • Prequalification and preapproval options
  • Online application and document submission
  • Fixed-rate and adjustable-rate mortgage options
  • Affordable Loan Solution® mortgage with low down payment
  • FHA & VA mortgage options
  • Jumbo loans
  • Doctor loans
  • Builder Rate Lock Advantage™
  • Homeownership Commitment with affordable housing assistance
  • Down Payment Center for state-specific programs
  • Mortgage calculators and home search tools

Key Benefits

  • Digital Mortgage Experience® for online application and management
  • Competitive mortgage rates
  • Wide range of loan options including low down payment programs
  • Preferred Rewards program with potential origination fee or interest rate reductions
  • Support for first-time and modest-income buyers
  • Access to calculators and tools for affordability and closing costs
  • Assistance programs to help make homeownership a reality
How It Works
1.Prequalify online or by phone to estimate borrowing power
2.Shop for homes using Bank of America's Real Estate Center
3.Apply for a mortgage online or with a lending specialist
4.Receive a loan estimate after providing required information
5.Complete the application and submit necessary documentation
6.Close on the home with support from Bank of America
Documentation
View Documentation
Who Is It For
  • First-time homebuyers
  • Existing Bank of America customers
  • Modest-income buyers
  • Buyers seeking affordable housing assistance
  • Buyers needing low down payment options
  • Buyers looking for fixed or adjustable-rate mortgages
Requirements
  • Credit and collateral subject to approval
  • Terms and conditions apply
  • Affordable Loan Solution®: Maximum income and loan amount limits apply, primary residences only, maximum LTV 97%, combined LTV 105%, homebuyer education may be required, certain property types ineligible
  • FHA & VA loans: Additional requirements and documentation may apply
Detailed Sections
The perfect home starts with the right mortgage

Get started with the Bank of America Digital Mortgage Experience®. Apply online, get an estimate of costs, or log in to your prequalification.

Get a loan estimate

Call a lending specialist to receive a loan estimate. Use the Closing Cost Calculator to estimate total closing expenses.

Your prequalification

Existing customers can log in to Online Banking; others can log in as a guest. Apply for a mortgage or contact a lending specialist.

Resources and tools

Access calculators for mortgage, closing costs, and affordability. Search for homes and get information for first-time homebuyers.

  • Mortgage calculator
  • Closing costs calculator
  • Affordability Calculator
  • Search for homes by city & state or ZIP
  • Information for first-time homebuyers
Today's competitive mortgage rates

Rates are based on a $200,000 loan and assume excellent credit. Options include 30-year fixed, 15-year fixed, and 5y/6m ARM. Monthly payments include principal, interest, and required mortgage insurance. ARM rates may increase after the initial period.

  • 30-year fixed
  • 15-year fixed
  • 5y/6m ARM variable
Preferred Rewards program

Members may qualify for origination fee or interest rate reductions based on tier. Enrollment in PayPlan may be required for full benefit.

  • Origination fee reduction: $200 (Gold), $400 (Platinum), $600 (Platinum Honors)
  • Interest rate reduction up to 0.375% for Diamond Honors with PayPlan
The mortgage process, now online

Prequalify, shop for homes, and apply for financing online. View your prequalification letter or contact a lending officer for next steps.

  • Prequalify to estimate borrowing power
  • Shop for homes
  • Apply for financing
Homebuying options from Bank of America

Programs designed for families and first-time homebuyers, including affordable housing assistance and low down payment options.

  • Affordable housing assistance programs
  • Affordable Loan Solution® mortgage with lower down payments
  • Down Payment Center for state-specific programs

Auto Loans

Bank of America Auto Loans provide financing for new and used vehicles, refinancing of existing auto loans, lease buyouts, electric vehicles, accessible vehicles, and small business vehicles. Customers can apply online, estimate payments, and access a network of authorized dealers.

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Product Overview

Bank of America offers auto loans for new and used cars, refinancing, lease buyouts, electric vehicles, accessible vehicles, and small business vehicles. Customers can apply online, get prequalified with no credit score impact, and benefit from competitive fixed rates and rate discounts for Preferred Rewards members. The application process is fast, with a 30-day rate lock and a network of authorized dealers.

Detailed Description

Bank of America Auto Loans provide financing for new and used vehicles, refinancing of existing auto loans, lease buyouts, electric vehicles, accessible vehicles, and small business vehicles. Customers can apply online, estimate payments, and access a network of authorized dealers.

Key Features

  • Online application for auto loans
  • Prequalification process (no credit score impact, Bank of America login required)
  • Multiple loan types: new car, used car, refinance, lease buyout
  • Flexible term lengths (48, 60, or 72 months; other terms available upon discussion)
  • Network of authorized dealers for car shopping and financing
  • Auto loan calculators for estimating payments
  • Specialized loans for electric vehicles, accessible vehicles, and small businesses

Key Benefits

  • Fast application and credit decision
  • 30-day rate lock from approval date
  • Competitive fixed rates
  • No loan documentation fee (title and state fees may apply)
  • Interest rate discounts for Preferred Rewards members
  • Prequalification available with no credit score impact
  • Ability to shop and apply online with authorized dealers
How It Works
1.Apply online for an auto loan or prequalification
2.Receive a fast credit decision and lock in your rate for 30 days
3.Shop for a car at authorized dealers or use financing for lease buyout/refinance
4.Finalize purchase and complete loan documentation
Documentation
View Documentation
Who Is It For
  • Individuals purchasing new or used cars from dealers
  • Individuals seeking to refinance existing auto loans
  • Customers looking to buy out their vehicle lease
  • Customers interested in electric or accessible vehicles
  • Small business owners needing vehicle financing
Requirements
  • Subject to credit approval and standard underwriting guidelines
  • Prequalification available only for dealer purchase of new or used vehicles (not for refinance or lease buyout)
  • Prequalification requires Bank of America login
  • Prequalification amounts between $10,000 and $85,000
  • Certain vehicle types (e.g., heavy-duty trucks) may not be eligible
  • Additional terms and conditions may apply (vehicle make, age, mileage, etc.)
Detailed Sections
Lock in your rate today

Fast application. Fast credit decision. 30-day rate lock.

  • Apply now for Auto loan
  • Purchase
  • Refinance
Not ready to apply? Start a prequalification

Shop with confidence. In only minutes, see what you may be able to borrow with no credit score impact. Bank of America login required.

Shop for a car and apply online

Choose from over 1 million vehicles at select Bank of America authorized dealers and apply for financing—all online.

Financing is easier at authorized dealers

Have your financing in hand before you set foot in the dealership. Search our network of authorized dealers, qualify for Bank of America financing and finalize the purchase price with your dealer.

Estimate your monthly car payment

Use the calculator to estimate your monthly payment based on loan amount, loan type, term, and APR.

  • Loan types: New car (dealer), Used car (dealer), Refinance, Buy out your lease
  • Term lengths: 48, 60, or 72 months (other terms available upon discussion)
Enrolled Preferred Rewards members can get an interest rate discount

Preferred Rewards members receive interest rate discounts based on their tier.

  • Gold Tier: 0.25%
  • Platinum Tier: 0.35%
  • Platinum Honors Tier and higher: 0.50%
More ways to finance the vehicle you want

Options include lease buyout loans, electric vehicle financing, accessible vehicle loans, and small business vehicle loans.

  • Lease buyout loans
  • Electric vehicle financing
  • Accessible vehicle loans
  • Small business vehicle loans

Savings Accounts & CDs

Bank of America’s Savings Accounts & CDs include the Advantage Savings account, which is a deposit account that generally earns higher interest than an interest-bearing checking account. The offering also includes Certificates of Deposit (CDs) and IRAs for longer-term or retirement savings.

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Product Overview

Bank of America offers FDIC-insured savings accounts and certificates of deposit (CDs) designed to help customers save for short- and long-term goals. The primary offering is the Advantage Savings account, which provides features such as interest earnings, digital banking, and relationship rewards. CDs and IRAs are also available for those seeking fixed-term or retirement savings options.

Detailed Description

Bank of America’s Savings Accounts & CDs include the Advantage Savings account, which is a deposit account that generally earns higher interest than an interest-bearing checking account. The offering also includes Certificates of Deposit (CDs) and IRAs for longer-term or retirement savings.

Key Features

  • Personalized planning with Bank of America Life Plan®
  • Preferred Rewards program with tiered benefits
  • Keep the Change® automatic savings from debit card purchases
  • BankAmeriDeals® cash back deals (up to 10% at participating merchants)
  • Mobile check deposits
  • Automatic transfers between accounts
  • Custom account alerts
  • Balance Connect® for overdraft protection
  • 24/7 online access and thousands of ATMs/financial centers

Key Benefits

  • FDIC insurance up to the maximum coverage limit
  • Potential to earn higher interest than checking accounts
  • Monthly maintenance fee waivers available under several conditions
  • Relationship rewards for Preferred Rewards members (rate boosters, service waivers)
  • Automatic savings features (Keep the Change®, automatic transfers)
  • Mobile and online banking access
  • Custom alerts and overdraft protection options
Documentation
View Documentation
Who Is It For
  • Individuals seeking to save for short- or long-term goals
  • Students and young adults (special waivers for those under 25)
  • Bank of America checking account holders
  • Preferred Rewards members
  • Customers interested in FDIC-insured deposit products
Requirements
  • U.S. residency and valid identification
  • Minimum opening deposit (see fee schedule for current amount)
  • Eligibility for certain features (e.g., Life Plan, Preferred Rewards) may require additional Bank of America or Merrill accounts
Detailed Sections
Bank of America Advantage Savings

Get a head start on your future. Start saving today with the Advantage Savings account, which offers interest, digital tools, and relationship rewards.

How we can help

Our savings account can help boost your financial health and put your goals into focus.

  • Personalized planning with Bank of America Life Plan®
  • Preferred Rewards for relationship benefits
  • Keep the Change® automatic savings
  • BankAmeriDeals® cash back deals
Account details and fees

Monthly maintenance fee can be waived by meeting certain requirements. Required opening deposit applies. For new accounts, monthly maintenance fee is waived for six months.

  • Maintain a minimum daily balance
  • Link to eligible checking accounts
  • Preferred Rewards enrollment
  • Owner under age 25
  • Pay monthly fee if requirements not met
Rates

Interest rates (APY) vary by balance tier and Preferred Rewards status. Rates may change at any time.

  • Standard APY by balance tier
  • Preferred Rewards members earn higher APY
  • See rate sheet for current rates
Here’s what comes with your Advantage Savings account

Features include a trusted network, mobile check deposits, automatic transfers, custom alerts, Balance Connect® for overdraft protection, and FDIC insurance.

  • 24/7 online access and thousands of ATMs/financial centers
  • Mobile check deposits
  • Automatic transfers
  • Custom alerts
  • Balance Connect® for overdraft protection
  • FDIC insurance
Just starting out?

No monthly maintenance fee for Advantage Savings account owners under age 25. Students under age 24 enrolled in school are eligible for a waiver.

  • No monthly fee for account owners under 25
  • Student waiver for those under 24 and enrolled in school
More help managing money

Tools and resources to help you save and plan.

  • Short-Term Savings Calculator
  • Articles and advice on saving and budgeting

Business Banking

Business Banking at Bank of America provides a broad range of financial products and services designed to help businesses manage their finances, grow, and operate efficiently. Offerings include business checking and savings accounts, credit cards, lending solutions, payment and payroll services, merchant solutions, investment options, and access to digital banking tools and educational resources.

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Product Overview

Bank of America Business Banking offers a comprehensive suite of financial products, digital tools, and resources for businesses of all sizes, from startups to large corporations. Services include checking and savings accounts, credit cards, lending, payment solutions, and specialized support, with a focus on digital convenience, security, and tailored solutions for different business revenue segments.

Detailed Description

Business Banking at Bank of America provides a broad range of financial products and services designed to help businesses manage their finances, grow, and operate efficiently. Offerings include business checking and savings accounts, credit cards, lending solutions, payment and payroll services, merchant solutions, investment options, and access to digital banking tools and educational resources.

Key Features

  • Business checking and savings accounts (including Business Advantage checking)
  • Business credit cards (cash back, travel rewards, low interest, credit building)
  • Lending solutions (auto loans, lines of credit, term loans, SBA loans, franchise and practice loans)
  • Payment solutions (merchant services, payroll, remote deposit, cash flow monitor, connected apps)
  • Investment and retirement solutions (401(k), IRAs, HSA/FSA)
  • Digital banking platforms (Business Advantage 360, CashPro App)
  • Mobile banking with customizable alerts, mobile check deposit, biometric login
  • Fraud and cybersecurity resources

Key Benefits

  • Access to digital banking tools and mobile app
  • Dedicated specialists and local experts
  • Comprehensive product suite for all business sizes
  • Industry-leading security features
  • Rewards programs (e.g., Preferred Rewards for Business)
  • Educational resources via the Center for Business Empowerment
  • Tailored solutions based on business revenue and needs
Documentation
View Documentation
Who Is It For
  • Small businesses (up to $1 million in revenue)
  • Midsize businesses ($1 million to $50 million in revenue)
  • Commercial businesses ($50 million to $2 billion in revenue)
  • Corporations (more than $2 billion in revenue)
  • Institutional investors
Detailed Sections
Small Businesses

We offer a broad range of products and services for businesses with up to $1 million in revenue.

  • Checking & savings
  • Credit cards
  • Lending
  • Payments
  • Center for Business Empowerment
Midsize Businesses

Business solutions, insights and dedicated local experts for businesses with $1 million to $50 million in annual revenue.

  • Checking & savings
  • Credit cards
  • Lending
  • Payments
  • Investing
  • Center for Business Empowerment
Commercial & Corporations

Serving companies worldwide with more than $50 million in revenue, providing cutting-edge solutions, global reach and local expertise.

  • Payments & Treasury Solutions
  • Banking & Advisory Solutions
  • Industry Expertise
  • Global Presence
All-in-one business checking account

Business checking accounts provide access to powerful digital tools, dedicated specialists and rewards all in one place.

Business Advantage cards

Choose from cash back, travel rewards, lower interest rates or features that will help you build your business credit. Plus, get a $300 statement credit or 30,000 online bonus points offer on select cards.

Payment solutions

Comprehensive solutions help payments flow smoothly and securely as your business grows.

Business Advantage 360

Get convenient account access to run your business more efficiently and effectively while keeping your finances simple and secure.

Center for Business Empowerment

Find educational resources to move your business forward, whether you're launching a new business or running an established one.

Supporting Resources
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Product Overview

Merrill (a Bank of America company) offers multiple ways to invest, including self-directed trading, guided investing, and investing with an advisor. Clients can choose to manage their own portfolios or have professionals manage investments for them, with access to a wide range of investment products, tools, and research. Merrill provides flexible account options, competitive pricing, and integration with Bank of America banking services, including the Preferred Rewards program.

Key Benefits

  • Multiple ways to invest: self-directed, guided, or with an advisor
  • No annual account fees or balance minimums for self-directed accounts
  • Unlimited $0 online stock, ETF, and option trades (option contract and other fees may apply)
  • Access to BofA Global Research and timely investing insights
  • Integration with Bank of America banking and rewards programs
  • Award-winning platforms and research
Documentation
View Documentation
Who Is It For
  • Individuals seeking to manage their own investments
  • Investors looking for professional portfolio management
  • Clients wanting 1-on-1 advice from an advisor
  • New and experienced investors
  • Small business owners (for business retirement accounts)
  • Bank of America customers seeking integrated banking and investing
Requirements
  • Minimum investment for Merrill Guided Investing: $1,000 (growth-focused), $50,000 (income-focused)
  • Minimum investment for Merrill Guided Investing with Advisor: $20,000 (growth-focused), $50,000 (income-focused)
  • No minimum for Merrill Edge Self-Directed
  • Eligibility for Preferred Rewards requires an active, eligible Bank of America checking account and qualifying balance
Supporting Resources
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merrilledge.comHelp Centermerrilledge.com
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Mobile & Online Banking

Bank of America's Mobile and Online Banking allows customers to securely access checking, savings, credit/lending, and Merrill investing accounts at any time via computer or the Mobile Banking app. Features include account monitoring, transfers, bill payments, alerts, and more.

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Product Overview

Mobile and Online Banking from Bank of America provides secure, 24/7 access to your accounts, allowing you to manage and monitor your finances from almost anywhere using a computer or mobile device. It offers a wide range of features including account management, payments, transfers, alerts, and more.

Detailed Description

Bank of America's Mobile and Online Banking allows customers to securely access checking, savings, credit/lending, and Merrill investing accounts at any time via computer or the Mobile Banking app. Features include account monitoring, transfers, bill payments, alerts, and more.

Key Features

  • Mobile Banking app for iOS and Android devices
  • Online Banking via web browser
  • Mobile Check Deposit
  • Direct Deposit setup
  • ATM access for deposits and payments
  • Zelle® for fast money transfers
  • Online Bill Pay
  • Wire transfers (domestic and international)
  • Account alerts and notifications
  • Paperless statements and document management
  • Order checks and deposit tickets
  • Debit and credit card management
  • Digital Wallet integration
  • Cash back deals (BankAmeriDeals®)
  • Spending & Budgeting Tool
  • Bank of America Life Plan®
  • Security Center with scam/fraud prevention resources
  • Virtual assistant Erica for account help

Key Benefits

  • Secure, 24/7 access to accounts
  • Manage and monitor accounts from almost anywhere
  • Deposit checks and money conveniently
  • Send and receive money quickly with Zelle®
  • Pay bills and transfer funds easily
  • Set up custom alerts for account activity
  • Go paperless to reduce risk of mail fraud
  • Access to financial wellness tools and budgeting
  • Virtual assistant Erica for support and answers
How It Works
1.Enroll in Mobile or Online Banking using a single User ID and password.
2.Access accounts via the Mobile Banking app or online at bankofamerica.com.
3.Use available features to manage accounts, deposit checks, pay bills, transfer money, and more.
4.Set up alerts and security features as desired.
5.Go paperless for statements and documents if preferred.
Documentation
View Documentation
Who Is It For
  • Bank of America customers with checking, savings, credit/lending, or Merrill investing accounts
  • Individuals seeking 24/7 digital access to their financial accounts
  • Customers who want to manage finances via mobile app or web browser
Requirements
  • Must have a Bank of America account (checking, savings, credit/lending, or Merrill investing)
  • Mobile Banking requires downloading the Mobile Banking app (available for select devices)
  • Internet/data connection required for online and mobile access
  • Some features (e.g., Erica, Mobile Check Deposit) only available in the Mobile app
  • Certain features not available for SafeBalance® for Family Banking accounts

Bank of America Private Bank

Bank of America Private Bank provides tailored wealth management, trust and estate planning, philanthropy advisory, art services, and exclusive rewards for high-net-worth individuals, families, and institutions. Clients benefit from a dedicated team of professionals, digital access to resources, and insights from industry-leading experts.

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Product Overview

Bank of America Private Bank offers private wealth solutions, including sophisticated business and wealth strategies, philanthropic planning, and a wide range of resources for individuals and families with significant financial ambitions. The service is designed to help clients turn their boldest ideas into lasting legacies, with personalized planning and access to a breadth of financial solutions.

Detailed Description

Bank of America Private Bank provides tailored wealth management, trust and estate planning, philanthropy advisory, art services, and exclusive rewards for high-net-worth individuals, families, and institutions. Clients benefit from a dedicated team of professionals, digital access to resources, and insights from industry-leading experts.

Key Features

  • Trust & estate planning and administration
  • Philanthropy and charitable giving advisory
  • Art services for collectors and institutions
  • Banking and cash management
  • Customized lending and home financing
  • Investment management
  • Specialty asset management
  • Sustainable investing
  • Family office solutions
  • Wealth planning for next generations
  • Preferred Rewards program

Key Benefits

  • Personalized wealth and business strategies
  • Access to a dedicated team of professionals
  • Wide range of financial solutions and resources
  • Unmatched digital access to banking and investment insights
  • Support for philanthropic and legacy planning
  • Exclusive lifestyle and banking rewards
Documentation
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Who Is It For
  • High-net-worth individuals
  • Families seeking generational wealth planning
  • Business owners
  • Family offices
  • Philanthropists
  • Art collectors and institutions
  • Endowments and foundations
Detailed Sections
Let's take your vision to the next level

From sophisticated business and wealth strategies to a powerful philanthropic playbook, we can help turn your boldest ideas into lasting legacies. Whatever your passion, unlock more powerful possibilities with Bank of America Private Bank.

Your ambition belongs in the biggest arena

Discover business and wealth strategies that can help you leave a lasting mark on the world, and the world around you.

Expertise that keeps pace with your goals

Stay on top of what’s next with Capital Market Outlooks, market insights and analysis from our team of industry-leading experts.

A team to match your ambition

Our team of professionals offers world-class expertise and is dedicated to building a personalized plan that's right for you.

Valuable insights catered to you

Backed by one of the world’s most powerful financial institutions, we offer a wide range of resources and unmatched digital access from banking to CIO insights.

A breadth of solutions

Make your vision last generations. Our best-in-class capabilities can help you and your family transform the world.

Customized solutions that prepare you for what's next

Trust & estates, philanthropy, art services, and exclusive rewards are among the customized solutions offered to help you prepare for the future.

  • Trust & estates: Build and administer your estate plan.
  • Philanthropy: Advance your mission and pursue charitable goals.
  • Art services: Navigate the art world with confidence.
  • Bank of America Preferred Rewards®: Enjoy lifestyle benefits and exclusive offers.
Start the conversation

Your ambition is a gift. Let’s open it. Our advisors are here to work with you toward your next steps.

Personal Banking

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Product Overview

Bank of America Personal Banking offers a comprehensive suite of financial products and services for individuals, including checking and savings accounts, credit cards, home and auto loans, investment solutions, and digital banking tools. The offering is designed to help customers manage their finances, achieve financial goals, and access convenient, secure banking anytime, anywhere.

Key Features

  • Checking accounts (including Bank of America Advantage Banking, student and young adult options)
  • Savings accounts (Advantage Savings), Certificates of Deposit (CDs), and IRAs
  • Wide range of credit cards (cash back, travel rewards, low interest, student, credit building)
  • Home loans (mortgage, refinance, home equity)
  • Auto loans (purchase, refinance, prequalification, electric vehicle resources)
  • Online and Mobile Banking with custom alerts and app access
  • Preferred Rewards program for enhanced benefits and rate boosters
  • Signature Services (estate services, notary, power of attorney, etc.)
  • Financial education through Better Money Habits®
  • FDIC-insured deposit products

Key Benefits

  • Flexible checking and savings solutions for different life stages
  • Cash offers for new checking customers (up to $500)
  • No annual fee credit card options with cash back and rewards
  • Introductory APR offers on select credit cards
  • Interest rate boosters and rewards bonuses through Preferred Rewards
  • Secure, convenient access via mobile and online banking
  • Customizable mobile alerts
  • Access to financial education resources
  • FDIC insurance on deposit products
Documentation
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Who Is It For
  • Individuals seeking personal banking solutions
  • Students and young adults
  • Customers looking for checking, savings, credit cards, loans, and investment options
  • People interested in digital banking and financial education
Supporting Resources
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Small Business Banking

Small Business Banking at Bank of America provides financial products, digital tools, and resources tailored for small businesses, helping them manage finances, access capital, process payments, and grow their operations.

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Product Overview

Bank of America Small Business Banking offers a broad range of products and services for businesses with up to $1 million in revenue, including checking and savings accounts, credit cards, lending solutions, payment solutions, and educational resources. The offering is designed to support businesses at any stage, providing digital tools, security, and access to specialists.

Detailed Description

Small Business Banking at Bank of America provides financial products, digital tools, and resources tailored for small businesses, helping them manage finances, access capital, process payments, and grow their operations.

Key Features

  • Business checking and savings accounts
  • Business credit cards (cash back, travel rewards, credit building, low interest)
  • Lending solutions (auto loans, lines of credit, term loans, SBA loans, franchise and practice loans)
  • Payment solutions (merchant services, payroll, remote deposit, cash flow monitoring, connected apps)
  • Mobile Banking app with customizable alerts, mobile check deposit, biometric login
  • Business Advantage 360 online banking platform
  • Preferred Rewards for Business program
  • Access to business insights and research

Key Benefits

  • Access to a wide range of business banking products and services
  • Powerful digital tools and mobile banking app
  • Industry-leading security features
  • Dedicated business specialists and support
  • Educational resources through the Center for Business Empowerment
  • Rewards programs for business banking
Documentation
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Who Is It For
  • Small businesses with up to $1 million in revenue
  • Entrepreneurs just starting out
  • Established small businesses seeking banking, credit, or payment solutions
Detailed Sections
Small Businesses

No matter your stage or goals, we're here to help. We offer a broad range of products and services for businesses with up to $1 million in revenue.

All-in-one business checking account

Our business checking accounts provide access to powerful digital tools, dedicated specialists and rewards all in one place.

Business Advantage cards

Choose from cash back, travel rewards, lower interest rates or features that will help you build your business credit. Plus, get a $300 statement credit or 30,000 online bonus points offer on select cards.

Payment solutions

Our comprehensive solutions help payments flow smoothly and securely as your business grows.

Center for Business Empowerment

Whether you're launching a new business or running an established one, find educational resources to move your business forward on the Center for Business Empowerment.

Banking for Students and Young Adults

A comprehensive set of financial products and resources designed to help students and young adults manage their money, build credit, save, and invest for the future. The offering includes specialized checking and savings accounts, student credit cards, and access to investment accounts, all supported by digital banking tools and educational content.

Added

Product Overview

Bank of America offers a suite of banking and investing products tailored for students and young adults, supporting their journey to financial independence. The offering includes checking and savings accounts, credit cards, and access to investing accounts through Merrill, along with educational resources and digital tools to help manage money and build financial skills.

Detailed Description

A comprehensive set of financial products and resources designed to help students and young adults manage their money, build credit, save, and invest for the future. The offering includes specialized checking and savings accounts, student credit cards, and access to investment accounts, all supported by digital banking tools and educational content.

Key Features

  • SafeBalance® for Family Banking with parental controls
  • SafeBalance Banking® for more features and capabilities
  • Savings accounts to help funds grow
  • Student credit cards
  • Mobile Banking app and Online Banking
  • Virtual financial assistant Erica®
  • Customizable alerts for low balances and unusual activity
  • Digital wallet integration

Key Benefits

  • No monthly maintenance fee on select checking accounts until age 25
  • No Overdraft Item Fees on select accounts
  • Parental controls available with family banking options
  • Access to digital banking tools and mobile app
  • Educational resources for financial literacy
  • Credit card options to help build credit responsibly
  • Investment accounts and guidance through Merrill
Documentation
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Who Is It For
  • Students
  • Young adults
  • Parents seeking family banking solutions for their children
Requirements
  • To waive the monthly maintenance fee on SafeBalance accounts: account owner or child must be under age 25, or maintain a $500 minimum daily balance, or be a Preferred Rewards member.
  • Fiduciary accounts (trust and estate) do not qualify for the under age 25 fee waiver.
  • Payable on Death beneficiary's age does not qualify for the fee waiver.
  • Adding an owner under age 25 to an existing account may take up to 3 business days to qualify for the fee waiver.

Corporate & Institutional Banking

Corporate & Institutional Banking at Bank of America delivers data and technology-driven solutions for managing business operations, optimizing liquidity, managing risk, and supporting institutional investing. The offering is designed for large corporations, multinational companies, and institutional investors, providing access to global markets, research, and a range of financial products and services.

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Product Overview

Bank of America's Corporate & Institutional Banking provides a comprehensive suite of solutions and services for corporations and institutional investors, leveraging data and technology to address business and investment needs globally. The offering includes treasury management, payments, investment banking, research, fraud prevention, and digital platforms, serving clients across a range of industries and geographies.

Detailed Description

Corporate & Institutional Banking at Bank of America delivers data and technology-driven solutions for managing business operations, optimizing liquidity, managing risk, and supporting institutional investing. The offering is designed for large corporations, multinational companies, and institutional investors, providing access to global markets, research, and a range of financial products and services.

Key Features

  • Treasury solutions (liquidity management, payments, receipts, supply chain finance, FX services)
  • Corporate credit cards
  • Intelligent payables and receivables management
  • Merchant services
  • Trade & supply chain finance
  • Asset-based lending and equipment financing
  • Investment banking and sustainable finance
  • Workplace benefits for employees
  • Global research and market insights
  • Digital banking platforms (CashPro®, BofA Mercury®)
  • Global digital disbursements (B2C payments)
  • Global prime brokerage

Key Benefits

  • Comprehensive treasury and liquidity management
  • Secure, efficient business banking solutions
  • Expertise in institutional investing and risk management
  • Access to global markets and research
  • Fraud prevention and cybersecurity resources
  • Digital platforms for working capital and payments management
Who Is It For
  • Corporations (including multinational companies)
  • Institutional investors (asset managers, hedge funds, pensions, insurance companies, corporates, governments, financial institutions)
Detailed Sections
Corporations & Institutions

Overview of Bank of America's support for corporations and institutions, including fraud and cybersecurity resources, business management, and institutional investing.

  • Managing a business
  • Institutional investing
Fraud and Cybersecurity

New threats emerge every day that can negatively impact transactions and businesses. Explore the latest insights and resources to help prepare and protect you and your business.

More ways we help make managing a business easier

Workplace benefits, global payments solutions, and global research to support business management.

  • Holistic solutions for employees’ immediate and future financial security
  • Liquidity management, payments, receipts, supply chain finance, FX services
  • Insightful, objective and in-depth research to help you make informed investing decisions
More ways we help with institutional investing

Liquidity & investments and global prime brokerage solutions for institutional investors.

  • Expertise and tools to help optimize your cash worldwide
  • Integrated solutions across regions and asset classes
Solutions

Data and technology driven solutions and services designed for business and life, including CashPro®, BofA Mercury®, and Global Digital Disbursements.

  • Manage working capital from anywhere
  • Insights and tools to help optimize your trading strategies
  • Fast, secure mobile B2C payments
API Information
  • {"url":"https://developer.bankofamerica.com/CPODevPortal/apidocs/public/default.page","platform":"CashPro API Developer Portal"}

Product Overview

Bank of America offers Advantage Banking checking accounts designed to provide flexibility and meet customers at different stages of their financial journey. Multiple account types are available, each with unique features, benefits, and eligibility criteria. Accounts are FDIC-insured and come with digital tools, security features, and opportunities to earn rewards.

Key Features

  • Custom alerts for account changes and unusual activity
  • Debit card controls, including card locking and digital card access
  • Spending and Budgeting tool for better financial management
  • Mobile check deposits via app
  • Erica® virtual financial assistant
  • Keep the Change® savings program
  • BankAmeriDeals® cash back rewards
  • Preferred Rewards program for enhanced benefits

Key Benefits

  • FDIC-insured accounts, backed by the full faith and credit of the U.S. Government
  • Multiple account options for different life stages and needs
  • Digital banking tools and mobile app access
  • Opportunities to earn rewards and save on fees
  • Security features including $0 Liability Guarantee fraud protection
Documentation
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Requirements
  • To open SafeBalance Banking® for Family Banking, parent must already have a personal Bank of America checking or savings account and Online Banking login
  • Fiduciary accounts, including trust and estate accounts, do not qualify for under age 25 fee waiver
  • Preferred Rewards program eligibility applies for certain fee waivers

Wealth Management

Wealth Management at Bank of America provides personalized investment solutions, including advisory services, self-directed investing, guided investing, and private banking for clients with substantial wealth. The offering is designed to fit a variety of investment goals and levels of complexity.

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Product Overview

Bank of America Wealth Management offers a range of investment solutions through Bank of America banking and Merrill investing, designed to help clients manage and grow their wealth. Clients can choose from working with a dedicated advisor, self-directed investing, guided investing, or private banking for complex needs.

Detailed Description

Wealth Management at Bank of America provides personalized investment solutions, including advisory services, self-directed investing, guided investing, and private banking for clients with substantial wealth. The offering is designed to fit a variety of investment goals and levels of complexity.

Key Features

  • Multiple investment approaches: advisor-led, self-directed, guided investing, private banking
  • Investment minimums tailored to each solution
  • Digital investing tools and guidance
  • Access to trust and estate planning services
  • Philanthropy services for substantial wealth

Key Benefits

  • Personalized financial strategies with a dedicated advisor
  • Access to digital tools and personalized investing insights
  • Professionally managed portfolios with or without an advisor
  • Comprehensive solutions for trust, estate planning, and philanthropy
Documentation
View Documentation
Who Is It For
  • Individuals seeking a dedicated financial advisor
  • Self-directed investors
  • Clients seeking professionally managed portfolios
  • High-net-worth individuals and families with complex wealth management needs
Requirements
  • Minimum investment amounts vary by solution (see offering_variants).
Detailed Sections
Investment solutions designed for you

With Bank of America banking and Merrill investing offering a range of solutions to help you manage your wealth, Find the investment approach that fits your needs.

Looking to work with an advisor?

With Merrill Lynch Wealth Management, you’ll work closely with a dedicated advisor to help you create a personalized financial strategy.

  • Investment minimum: Generally $250,000
Your investment goals, your way

With Merrill Edge® Self-Directed you get personalized investing insights, guidance and digital tools to confidently put your investing ideas into action. With Merrill Guided Investing, an investment advisory program, you get the convenience of a professionally managed portfolio and the option to work with an advisor.

  • No investment minimum (Self-Directed)
  • Merrill Guided Investing: Investment minimum as low as $1,000; with an advisor as low as $20,000
Navigating more complex needs

From trust and estate planning to philanthropy services and beyond, Bank of America Private Bank can help you and your family manage the complexities of substantial wealth.

  • Investment minimum: $3,000,000