Bank of America Advantage Plus Banking

 Bank of America Advantage Plus Banking

The banking landscape is constantly evolving, and with it, financial institutions are keen to provide value-added services to their customers. One such offering that has caught the attention of many is the “Bank of America Advantage Plus Banking”. Tailored to cater to a wide demographic, this banking option brings together convenience, flexibility, and a host of benefits. Let’s delve into the nuances of this banking model.

1. Introduction to Advantage Plus Banking

Bank of America Advantage Plus Banking is a hybrid checking account designed for those who seek a blend of digital banking advantages combined with traditional services. It is structured to offer ease of access, reduced fees, and enhanced banking experiences.

2. Key Features and Benefits

  • Overdraft Protection: Customers can link an eligible savings account to prevent any inadvertent overdrafts.
  • Customizable Alerts: Stay informed about account activity with tailored notifications.
  • Digital Wallet: Seamlessly integrate with digital payment systems like Apple Pay and Google Pay.
  • Online & Mobile Banking: Access account details, make payments, and more, anytime and anywhere.

3. Fee Structure

The account comes with a monthly maintenance fee. However, this can be waived through:

  • Maintaining a minimum daily balance.
  • Enrollment in the Preferred Rewards program.
  • Being a student under a certain age.

4. Added Security

With the Advantage Plus Banking option, customers benefit from the Bank of America’s robust security infrastructure, including fraud protection and the latest encryption technology.

5. Accessibility

Apart from the extensive network of physical branches, users can access thousands of ATMs, ensuring that their financial needs are catered to on-the-go.

Frequently Asked Questions

How does the Advantage Plus Banking differ from other Bank of America accounts?

It’s designed as a hybrid, offering both digital and traditional banking benefits, with flexible fee-waiver options.

Can I convert my existing Bank of America account to an Advantage Plus Banking account?

Yes, you can usually upgrade or convert your account by speaking to a bank representative.

Is there a minimum balance requirement for this account?

While there’s no mandated minimum balance, maintaining a certain balance can help waive the monthly maintenance fee.

How does the overdraft protection work?

By linking an eligible savings account, funds can be automatically transferred to cover any shortfalls, preventing overdraft fees.


Bank of America Advantage Plus Banking stands out as an innovative blend of modern digital banking amenities coupled with the trust and reliability of traditional banking. Whether you’re a digital native or someone who values in-branch services, this account offers a tailored solution to meet diverse banking needs.

Paul diverson