Bank Of America $300 Checking Account Bonus: Public Offer

Bank of America is offering a $300 bonus when you open a new checking account. This checking account bonus offer is available to everyone nationwide. See below for more details.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase Bank, SoFi, KeyBank, BMO and Axos Bank.

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Bank of America $300 Bonus Offer

Update 6/3/25: Offer has increased to a $300 bonus, but now requires a total of $2,000 in direct deposits instead of $1,000.

Bank of America is offering a bonus of $300 when you open a new checking account with them and complete the of the following requirement:

Open a new eligible Bank of America personal checking account.
Set up and receive qualifying direct deposits totaling $2,000 or more within 90 days of account opening

The checking accounts eligible for this bonus is the Bank of America SafeBalance Banking, Advantage Plus Banking, and Advantage Relationship Banking.

Bank of America $100 checking bonus offer — (Image from Bank of America)

Where Do I Enroll?

This is an online-only offer that’s not available at a physical Bank of America branch. It’s only valid through the direct link below.

Claim Bonus

Related:

What Are The Details?

Availability: Nationwide
Expiration: 6/30/2025
Household Limit: None (everyone in your family can get the bonus!)
Direct Deposit Required: Yes, $2,000 within 90 days of account opening
Hard/Soft Pull: Soft (as long as you opt out of overdraft protection)
Early Account Termination Fee: None

Avoiding Fees

The monthly fee ranges between $4.95 to $25 depending on which Advantage Banking account you open. There are 3 different checking account types:

Bank of America Advantage SafeBalance Banking®

The Advantage SafeBalance Banking account is the easiest account to keep fee-free. The $4.95 monthly service fee can be waived if you do any one of the following:

An owner of this account is under the age of 25 OR
Maintain a minimum daily balance of $500 in your account OR
An account owner is a member of the Preferred Rewards* program

Bank of America Advantage Plus Banking

The monthly fee of $12 can be waived if you do one of the following:

Have at least one qualifying direct deposit of $250or more; OR
Maintain a minimum daily balance of $1,500 in your account; OR
An account owner is a member of the Preferred Rewards* program

Bank of America Advantage Relationship Banking

The monthly fee of $25 can be waived if you do one of the following:

Maintain a minimum daily balance of $20,000 in your account; OR
An account owner is a member of the Preferred Rewards* program

*For Preferred Rewards members in the Gold, Platinum, or Platinum Honors tiers, the monthly maintenance fee waiver applies to the first 4 checking and 4 savings accounts. The monthly maintenance fee waiver is unlimited for clients in the Diamond Honors tier.

$100 Bonus Terms & Conditions

Requirements to Receive the $100 Online Only Offer bonus:

1) Open a new eligible personal checking account online through this offer’s webpage. If you open your account by any other means, you may not be eligible to earn the checking bonus.
2) Set up and receive Qualifying Direct Deposits totaling $2,000 or more into that eligible personal checking account within ninety (90) days of account opening.
Offer is limited to individuals who have not owned or co-owned a Bank of America personal checking account within the last twelve (12) months.
A “Qualifying Direct Deposit” is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
If you meet all of the requirements, Bank of America will deposit the earned bonus directly into your new personal checking account within sixty (60) days.
The value of this bonus may constitute taxable income to you. Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus.

The Bottom Line

There’s also a targeted $500 bonus available, but not everyone sees that offer and it requires direct deposits of $10,000 – much higher than what’s needed for this promo.

This looks like an easy offer to do and publicly available for everyone that hasn’t had a BoA personal checking account in the last 12 months.

I’ll add this to my list of the best bank bonuses.