![]() Qualification for the Preferred Rewards program tiers is based on having an active Bank of America personal checking account and maintaining a three-month average combined balance across your Bank of America accounts. Maintenance fees for eligible Bank of America checking and savings accounts are waived when you enroll in Bank of America’s Preferred Rewards program. ![]() Advantage Savings: Link your Bank of America Advantage Relationship Banking® account.Ĥ.Linking your eligible accounts can help you meet the balance requirement to avoid the monthly maintenance fee. Advantage Plus: Minimum of one qualifying direct deposit of $250 or more Bank of America eliminated its eBanking checking account and moved those customers to what it called a Core Checking Account.Members who didn’t fit certain criteria for this account could be charged 12 a month.Just one account lets you avoid paying the monthly maintenance fee by receiving qualifying direct deposits: Advantage Relationship: $20,000 combined balance in eligible linked accounts.Advantage Plus: $1,500 minimum daily balance.Advantage Savings: $500 minimum daily balance.Bank of America’s address for incoming wires in U.S. Here are the minimum balances required to qualify for a fee waiver: Here is a look at the SWIFT codes for Bank of America and other relevant information for wire transfers. Be Aware of the Bank of America Minimum Balance Requirements
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