Open A Business Bank Account Bank Of America

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Open a business bank account bank of america.

Bank of america advantage plus. An llc bank account is a separate bank account for your limited liability company. A sole proprietorship bank account is a separate bank account for your sole prop business. Simplify your small business banking and help your company grow with bank of america business advantage.

To link your business card account to your business advantage checking account please visit your local financial center or call 888 business 888 287 4637. Open a business bank account find credit cards apply for a loan discover cash management tools and get valuable small business banking tips. This account is designed for individuals and students who want an account with a low minimum balance requirement the monthly service fee is 12 but bank of america will waive the fee if you have a monthly 250 direct deposit you maintain a 1 500 minimum daily balance you re a student less than 24 years old or you enroll in the preferred rewards program. Net new purchases must post to that card account to qualify.

It also provides benefits to your customers and employees. Spend 2 500 or more in net new purchases each card billing cycle using a linked bank of america business credit or charge card. Easily open a bank account in minutes and make money management simple. Learn how to open a sole proprietorship bank account with bank of america.

Opening a business bank account can help you improve your cash flow by separating your business and personal finances. To open an account you ll need to follow a six step process that includes choosing the right type of account finding the best bank for you understanding the costs gathering the required documentation submitting your application and. A business bank account helps you stay legally compliant and protected.