Bank of America
Bank of America Advantage Plus Banking $100 – $500 Bonus
Bonus range
$100 – $500
Expires
May 31, 2026
Time to complete
~90 days
Bonus deposited in
~60 days
Difficulty
Medium
Requirements
Last verified: Mar 21, 2026
$100 Tier
Open an eligible Bank of America Advantage Banking account
Open a Bank of America Advantage Plus® Banking account online by May 31, 2026.
Receive qualifying direct deposits
Receive $2,000 or more in total qualifying direct deposits within 90 days of opening to earn the $100 bonus.
$300 Tier
Open an eligible Bank of America Advantage Banking account
Open a Bank of America Advantage Plus® Banking account online by May 31, 2026.
Receive qualifying direct deposits
Receive $5,000 or more in total qualifying direct deposits within 90 days of opening to earn the $300 bonus.
$500 Tier
Open an eligible Bank of America Advantage Banking account
Open a Bank of America Advantage Plus® Banking account online by May 31, 2026.
Receive qualifying direct deposits
Receive $10,000 or more in total qualifying direct deposits within 90 days of opening to earn the $500 bonus.
Bonus typically posts within 60 days after meeting direct deposit requirement.
Tips & Gotchas
- →Only new checking customers who haven’t had a Bank of America personal checking account in the last 12 months are eligible.
- →Monthly fee can be waived with a single $250 direct deposit, a $1,500 daily balance, or Preferred Rewards membership.
- →Additional bonus tiers ($100 and $500) exist for smaller or larger direct deposits.
Direct Deposit Data Points 12
Community-reported results for what triggers a qualifying direct deposit at Bank of America.
DP: Opened account on 1/13/26, instant approval, funded with $25 from debit card
by Ryan
Account Details
- Receive at least one qualifying direct deposit of $250+ each statement cycle
- Maintain a minimum daily balance of $1,500
- Be enrolled in the Preferred Rewards program
Keep the account open for at least 90 days to avoid bonus clawback.
Eligibility
Must not have had a Bank of America personal checking account within the last 12 months.
Rechurnable?
Fine Print
Open an eligible checking account by May 31, 2026 and receive at least $2,000 in qualifying direct deposits within 90 days to earn $100. Bank of America attempts to pay the bonus within 60 days. New personal checking customers only.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
What is a fee waiver?
A condition you can meet to have the monthly maintenance fee on an account waived.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.