Never spend a keen overdraft percentage with the Lender away from The united states Virtue SafeBalance Bank account

Never spend a keen overdraft percentage with the Lender away from The united states Virtue SafeBalance Bank account

Access to your money

Lender of The united states Advantage SafeBalance Bank account people is easily supply their money everyday compliment of BoA’s system more than sixteen,100000 100 % free ATMs. It’s also possible to go to certainly one of BoA’s 4,000-together with twigs for all your in the-person financial requires.

Rather than most other checking account, Lender from America Advantage SafeBalance Financial doesn’t charges one overdraft or low-enough fund fees. To aid its pages avoid overdrawing using their account, purchases is declined and you will came back unpaid once they lack sufficient cash in its account. You may developed email address or mobile alerts so you can alert you if you have a minimal balance on your membership or whenever goods are not paid.

Lender regarding The united states Advantage SafeBalance Financial was a beneficial “checkless” family savings, which means profiles dont establish private paper checks. Customers can be send and receive currency to other people through Zelle®, that’s utilized in BoA’s Mobile Banking software.


  • Earn cash straight back having BankAmeriDeals®, offers connect with performing places and eating. Activation must make the most of for every deal.
  • Zelle are integrated in to BoA’s Cellular Banking application, enabling you to receive and send money within minutes.
  • More than 16,100000 fee-100 % free Lender regarding The united states ATMs, to get bucks otherwise deposit cash on the new wade without paying a charge.
  • Entry to Erica, yours virtual financial assistant.
  • Cellular look at put, which enables that easily simply take an image out-of a check and put it playing with BoA’s Cellular Banking software, saving you a trip to an atm otherwise bank.
  • Secure and you will open your cards, halting most the newest transactions in the event your card was stolen, forgotten otherwise missing. Autopay, returns, loans and several almost every other deals can get continue to be canned.

The lending company regarding The usa Virtue SafeBalance Bank-account means a minimal $twenty five minimal beginning put and you may a monthly repair payment out of $4.95. Customers normally waive new $4.95 fee every month because of the fulfilling one of these standards each declaration cycle:

  • End up being a popular Perks visitors (needs at least about three-few days shared average everyday equilibrium away from $20,one hundred thousand inside qualifying Lender from America put levels and you can/otherwise Merrill® financing accounts)
  • Become students below decades 24 that has subscribed to senior school otherwise a college, university or professional system

The brand new fee every month and you will account deposit minimum is actually less than other BoA examining levels: the financial institution out-of America Virtue In addition to Banking® ($a hundred lowest put; $several monthly fee) additionally the Financial out-of The united states Advantage Matchmaking Financial® ($100 minimal deposit; $25 monthly fee). Unlike these other examining accounts, Bank out of The usa Virtue SafeBalance Banking plus fees no overdraft otherwise non-adequate financing charge.

When you’re Lender from The usa keeps over 16,100000 payment-free ATMs, if you utilize a low-Bank out of America Automatic teller machine, Financial away from The united states will ask you for an atm payment off $2.fifty for every single U.S. purchase or $5 for each and every foreign country purchase. The brand new Automatic teller machine agent also can charges an additional commission.


The lending company regarding The united states Virtue SafeBalance Bank account is an excellent beginning bank account because it needs a low minimal deposit and enjoys a moderate monthly fee (with the ability to end fees when you are students), also no overdraft otherwise non-sufficient finance costs.

While the Lender regarding America Advantage As well as Banking does require a beneficial highest minimal deposit ($100), this is an excellent option as it possess a lot more options to waive the new fee every month. Realize Select’s complete overview of the financial institution off The united states Advantage Along with Banking account.

People trying discover a good BoA savings account should think about Lender regarding The united states Advantage Offers, and this ranked toward Select’s range of an educated stone-and-mortar deals levels. Know everything about it’s rewards and you can positives inside our BoA Advantage Offers review.

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