Bank of America Advantage SafeBalance Banking

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1 2 3 4 5 Your Rating: Excellent

Info about the Bank of America Advantage SafeBalance Banking has been collected by WalletHub to help consumers better compare checking accounts. The financial institution did not provide the details.

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Bank of America Advantage SafeBalance Banking Rates

$1+

MINIMUM TO OPEN $25

Bank of America Advantage SafeBalance Banking Fees

MONTHLY FEE $4.95
MIN BALANCE TO AVOID MONTHLY FEE N/A
OTHER WAYS TO AVOID MONTHLY FEE Are enrolled in Preferred Rewards OR Are a student under age 24 are eligible for a waiver of this fee while enrolled in high school, college or a vocational program

PAPER STATEMENT
FEE Info Not Found
OVERDRAFT FEE None
NEGATIVE ACCOUNT BALANCE FEE Info Not Found

Bank of America Advantage SafeBalance Banking ATM & Debit Card Usage

IN-NETWORK ATM TRANSACTION FEE None
ATM NETWORK SIZE 16000 ATMs
OUT-OF-NETWORK ATM TRANSACTION FEE $2.50
REBATE OF ATM OWNER SURCHARGE Not Offered

FOREIGN ATM FEE 3% (and $5)
DEBIT CARD VISA
DEBIT CARD FOREIGN TRANSACTION FEE 3%

Bank of America Advantage SafeBalance Banking Additional Info

REWARDS No
ONLINE BILL PAY FEE $0 per month
ADDITIONAL REQUIREMENTS None

NO paper checks
NO overdraft or NSF fees
Free access to more than 16,000 ATMs nationwide

Bank of America Advantage SafeBalance Banking Interest Rate Tracker

The graph above is based on WalletHub data. Actual rates may vary. For time periods with multiple applicable rates in our database, based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify the rates, fees, and all terms and conditions with the respective financial institution.

Customer Questions and Answers

Don't see what you're looking for? Submit your question about Bank of America Advantage SafeBalance Banking to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.

Can I overdraft if I have a checking account? Reply

Sydney Garth

@sydneygarth

The Bank of America SafeBalance Banking Account does not permit overdrafts. When you don't have enough money in your account, transactions will simply be declined and returned unpaid.

0 Upvotes

How do I open an account? Reply

WalletHub

@WalletHub

Because SafeBalance Banking differs from other traditional checking accounts, in order to open one you must first call 1.866.665.7768 or visit a banking center.

0 Upvotes

Reviews

Bank of America Advantage SafeBalance Banking Reviews

Help fellow WalletHub members save money. Share your insights and review the Bank of America Advantage SafeBalance Banking:

2.7

Overall Rating: 2.7 / 5

Total Ratings: 6

5 star 1
4 star 1
3 star 1
2 star 1
1 star 2

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YesUsefulNo1

By: cherylechapman

This account works for my lifestyle. With many ATMs and branches nationwide, I am very satisfied. This account is great for young and older people and for those who want a fresh start. Unlike Chime or other internet banks, you can actually get help from a live person at a branch.

October 18, 2020 · Flag

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YesUsefulNo0

By: marybeth_hunter

Left the organization because I did not agree with their business practices. They did not mesh well with my values and I felt uncomfortable doing business here. I found that it's important to research a bank beyond its interest rates and offers.

September 30, 2019 · Flag

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Users also submitted 4 ratings without a full review

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