This FDIC-insured account comes with a Visa debit card for easy access to ATMs and for purchases almost anywhere in the world. Other benefits include:
Earns interest. Pays up to 0.02% APY just for keeping your money in the account.
Rewards. BOA has a rewards program that can get you priority customer support, waived fees and more.
Balance Connect. This optional overdraft protection lets you link up to five BofA accounts to draw from in case you overspend. There’s a $12 fee per overdraft, but that’s better than the $35 the bank would otherwise charge you.
No monthly balance requirements. You aren’t required to maintain a minimum balance.
Budgeting tool. Manage your spending and budgeting to stay on top of your finances.