Unveiling the Truth: Does Bank of America Offer Free Checks?
When considering a new banking relationship, one of the most common inquiries revolves around the costs associated with essential banking services, including checks. Many customers are left wondering: Does Bank of America offer free checks? In this article, we will explore the various checking accounts provided by Bank of America, the associated fees, customer benefits, and account features to help you make an informed decision.
Understanding Bank of America Checking Accounts
Bank of America is one of the leading financial institutions in the United States, offering a variety of banking services, including checking accounts. Each account comes with unique features, benefits, and costs. Let’s dive into the different checking account options available and see how they align with your needs.
Types of Checking Accounts at Bank of America
Bank of America offers several types of checking accounts, each designed to meet different customer needs. Here are the primary options:
- Bank of America Advantage Plus Banking: This account is suitable for everyday banking needs and includes features like online banking, mobile banking, and access to thousands of ATMs. However, it may have a monthly maintenance fee unless certain conditions are met.
- Bank of America Advantage Relationship Banking: Ideal for customers who maintain higher balances, this account offers additional benefits, including fewer fees and more features, such as free checks.
- Bank of America Advantage SafeBalance Banking: This option is designed for those looking to avoid overdraft fees. It has a low monthly fee and is a great choice for budget-conscious customers.
Do You Get Free Checks with Bank of America Accounts?
When it comes to the question of whether Bank of America offers free checks, the answer is nuanced. The availability of free checks largely depends on the type of checking account you choose:
- For the Advantage Relationship Banking account, customers can enjoy complimentary checks as part of their account features.
- For the Advantage Plus Banking account, checks are not free, and customers may have to purchase them.
- The Advantage SafeBalance Banking account also does not include free checks.
Therefore, if free checks are a priority for you, opting for the Advantage Relationship Banking account is the best choice.
Additional Fees and Costs
While many customers are interested in free checks, it’s essential to consider other potential fees associated with Bank of America checking accounts. Here’s a breakdown of some common fees:
- Monthly Maintenance Fees: Depending on the account, these fees can range from $4.95 to $25 per month, though waivers are often available by meeting certain criteria, such as maintaining a minimum balance.
- Overdraft Fees: If you spend more than your account balance, overdraft fees may apply, which can be significant.
- ATM Fees: Using an out-of-network ATM may incur additional charges.
Customer Benefits of Bank of America Checking Accounts
Beyond the question of free checks, there are numerous customer benefits offered by Bank of America checking accounts:
- Online and Mobile Banking: Access your account anytime, anywhere through their user-friendly app and website.
- Extensive ATM Network: With thousands of ATMs nationwide, accessing cash is convenient.
- Financial Tools: Bank of America provides various tools for budgeting and managing your finances effectively.
Step-by-Step Process to Order Checks
If you have chosen an account type that does not include free checks or if you need additional checks, you can easily order them. Here’s how:
- Log into Your Online Banking Account: Navigate to the Bank of America website and log in.
- Access the Checks Order Section: Find the section dedicated to ordering checks, usually located under “Account Services.”
- Select Your Check Style: Choose from various designs and formats offered.
- Confirm Your Order: Review your selection, confirm your shipping address, and submit your order.
Typically, checks will arrive by mail within 7-10 business days.
Troubleshooting Tips for Check Ordering
Sometimes, customers may encounter issues when ordering checks. Here are some troubleshooting tips:
- Check Your Account Eligibility: Ensure that your account allows for check ordering.
- Review Your Account Balance: Make sure you have sufficient funds to cover any check orders.
- Contact Customer Service: If you experience issues, contacting Bank of America’s customer service can help resolve any problems.
Conclusion: Weighing the Options
In conclusion, whether Bank of America offers free checks depends on the specific checking account you select. The Advantage Relationship Banking account provides free checks as a customer benefit, while other accounts may require a purchase. As you consider your banking services, weigh the fees, benefits, and features of each account option. If you prioritize free checks, ensure you choose the right account to meet your financial needs.
For more information about Bank of America’s checking accounts and services, visit their official website here. If you want to explore additional financial institutions and their offerings, check out this resource.
This article is in the category Services and created by MoneySenseTips Team