Additional information of Advantage Relationship Banking account
The Bank of America Advantage Relationship Banking account can be opened through the internet or from any branch of the entity, with an initial deposit of $100 dollars and with no other requirements than legal residency in the US.
With this account you will have multiple ways of payment, including the possibility of issuing checks, being free the standard ones. You also have a debit card with which you can withdraw cash at ATMs and make purchases at establishments around the world, as well as online.
The account charges a monthly fee of $25, but you can avoid it if you maintain a combined balance of at least $10,000 between all accounts and deposits you have with the bank.
You will also be exempt from this payment if you are part of the Preferred Rewards program, which offers you multiple advantages depending on the balance you accumulate at Bank of America.
In addition to the bank's branches, the account offers you full operability through its online banking and its mobile application, as well as high security, with an SMS alert system and anti-fraud protection.
In addition, at any time you can change from the Relationship account to the SafeBalance or the Plus, since these are different configurations that the Advantage Banking account can adopt.
Versión en español: Cuenta Advantage Relationship Banking