Creating a new bank account is a significant step towards managing your finances, and Bank of America offers a range of options to suit various needs. Whether you're new to the US, a student, or simply looking for a reliable banking partner, this comprehensive guide will walk you through the process step-by-step. Let's get started on setting up your Bank of America account!
How to Make a Bank of America Account: Your Comprehensive Guide
Step 1: Discover Your Banking Needs – Let's Figure Out What's Right For YOU!
Before you even think about gathering documents, the most important first step is to consider what kind of banking services you'll primarily be using. This will help you choose the right account type and avoid unnecessary fees.
Sub-heading: Checking vs. Savings: What's the Difference?
- Checking Accounts: These are designed for everyday transactions. Think debit card purchases, bill payments, direct deposits of your paycheck, and ATM withdrawals. They offer easy access to your money and flexibility for day-to-day spending. Most checking accounts do not earn significant interest, if any. Bank of America offers various Advantage Banking checking accounts, like Advantage SafeBalance Banking (no overdraft fees, digital banking focused) or Advantage Plus Banking (more features, but with monthly fees that can be waived).
- Savings Accounts: These are for setting aside money for longer-term goals. They typically earn interest on your balance, helping your money grow over time. While you can access your funds, there might be limitations on the number of withdrawals you can make per month. Savings accounts are great for building an emergency fund, saving for a down payment, or a big purchase.
Sub-heading: Who Can Open an Account?
Bank of America generally welcomes a wide range of individuals to open accounts.
- US Citizens and Permanent Residents: Standard requirements apply.
- Non-US Citizens/International Professionals/Students: Yes, you can absolutely open an account! Bank of America is set up to assist international individuals. You'll need to provide specific documentation, including proof of both a foreign and U.S. address, two forms of identification, and a tax identification number (which may be a Foreign Tax Identification Number if you don't have a US SSN/ITIN).
Step 2: Gather Your Essential Documents – Be Prepared!
Having all your paperwork in order before you start the application process will save you a lot of time and potential headaches. Here's what you'll typically need:
Sub-heading: Primary Identification (Choose One)
This must be a government-issued photo ID.
- Valid Passport (foreign passports with or without a US visa are accepted for non-US citizens)
- US Driver's License or State-Issued ID
- US Nonimmigrant Visa and Border Crossing Card (DSP-150)
- Mexican, Guatemalan, Dominican, or Colombian Consular ID
- Canadian Citizenship Certificate Card
Sub-heading: Secondary Identification (Choose One)
This provides additional verification.
- Another Government-Issued Photo ID (different from your primary ID)
- Foreign Driver's License with Photo (if not used as primary)
- Debit or major credit card with Visa® or Mastercard® logo
- Major retail credit card from a nationally well-known company
- U.S. Department of State Diplomat ID
- Mexican Voter Registration Card (with photo)
Sub-heading: Proof of Address
You'll need proof of your physical U.S. address.
- Current Utility Bill (electric, water, gas, internet) with your name and address
- Rental Agreement or Lease
- Government-issued ID with address (if not used as primary ID and contains your current US address)
- For non-US citizens, proof of your home or permanent residence address in your home country is also required.
Sub-heading: Tax Identification Number
- ***Social Security Number (SSN)***: If you have one.
- Individual Taxpayer Identification Number (ITIN): If you are a non-resident alien or a resident alien, and you are required to have a US tax ID but do not have an SSN.
- ***Foreign Tax Identification Number (FTIN)***: For non-US citizens, if you do not have a US SSN or ITIN.
Sub-heading: Initial Deposit Funds
You'll need a small amount of money to open your account.
- Bank of America Advantage SafeBalance Banking: $25 minimum opening deposit.
- Bank of America Advantage Plus Banking: $100 minimum opening deposit.
- Bank of America Advantage Relationship Banking: $100 minimum opening deposit.
Step 3: Choose Your Application Method – Online or In-Person?
Bank of America offers flexibility in how you open your account.
Sub-heading: Option 1: Open an Account Online (Primarily for Existing Customers or Specific Account Types)
While Bank of America allows some accounts to be opened online, it's typically for existing customers or specific streamlined accounts like the Advantage SafeBalance Banking.
- Visit the Bank of America Website: Go to bankofamerica.com and navigate to the checking or savings accounts section.
- Select Your Account: Choose the account type that best fits your needs.
- Start Application: Click on the "Open now" or "Apply now" button.
- Provide Information: You'll be prompted to enter your personal details, including your SSN/ITIN, contact information, and employment details.
- Review and Submit: Carefully review all the information you've entered before submitting your application.
- Identity Verification: You may be asked to verify your identity electronically.
Important Note: If you are a non-US citizen or an international student, opening an account online might be challenging as you'll likely need to provide proof of a US physical address and potentially a US Tax ID right away. Visiting a financial center is often the most straightforward approach for new international customers.
Sub-heading: Option 2: Visit a Bank of America Financial Center (Recommended for Most New Accounts)
This is often the easiest and most comprehensive way to open a new account, especially if you have unique circumstances (like being an international student) or prefer personalized assistance.
- Locate a Financial Center: Use the "Find a Financial Center" tool on the Bank of America website or mobile app to find the nearest branch.
- Schedule an Appointment (Optional but Recommended): While you can walk in, scheduling an appointment online can save you time and ensure a specialist is available to assist you.
- Go to the "Schedule an Appointment" section on their website.
- Select "Open a new account" or a similar topic.
- Choose a convenient date and time.
- Bring All Required Documents: This is crucial! Make sure you have all the primary and secondary IDs, proof of address, and your tax identification number (SSN/ITIN/FTIN) with you.
- Meet with a Banking Specialist: A representative will guide you through the application process, explain the different account options, and answer any questions you have. They will verify your identity and documents.
- Complete the Application: Fill out any necessary forms and sign the account agreement.
- Make Your Initial Deposit: You'll fund your new account with your initial deposit.
- Receive Account Information: You'll receive your account number and information about your new debit card (which will typically be mailed to you).
Step 4: Activate Your Debit Card and Set Up Online Banking – Get Connected!
Once your account is open, you'll want to get your debit card and digital banking services up and running.
Sub-heading: Activating Your Debit Card
Your debit card will usually arrive by mail within 4-6 business days after opening your account.
- By Phone: Call the activation number provided on the sticker on your new card (typically 888.624.2323, or 925.675.6195 if outside the US).
- At a Bank of America ATM: Use your card with your current PIN to make a purchase or at any Bank of America ATM.
- Online Banking: Once you've enrolled in online banking, you can activate your debit card through the platform.
Sub-heading: Enrolling in Online Banking
Online banking gives you 24/7 access to your accounts.
- Visit bankofamerica.com: Click on "Enroll" in the login box.
- Enter Account Details: Provide the last six digits of your debit or credit card, or account number, and your SSN/TIN.
- Verify Email: Enter and confirm your email address to receive an authorization code.
- Enter Authorization Code & PIN: Input the code you receive and the PIN for your debit/ATM card.
- Review Agreements: Read and accept the Electronic Communications Disclosure and the Online Banking Service Agreement.
- Create Online ID and Password: Choose a secure Online ID and password.
- Select Security Preferences: Decide on your security preferences for accessing your account.
- Login: Congratulations! You're now enrolled and can log in with your new credentials.
Step 5: Explore Bank of America's Digital Tools and Services – Maximize Your Banking Experience!
Bank of America offers a wealth of digital tools to help you manage your money effectively.
Sub-heading: Mobile Banking App
- Download the Bank of America Mobile Banking app for your smartphone. It allows you to:
- Check balances and transactions.
- Deposit checks with your phone camera (Mobile Deposit).
- Transfer funds.
- Pay bills.
- Set up alerts for account activity.
- Lock/unlock your debit card.
Sub-heading: Zelle® for Easy Money Transfers
- Zelle® is a fast and free way to send and receive money with people you trust, directly from your Bank of America app or online banking.
- Tap "Pay & Transfer" then "Zelle®".
- Enroll by linking your U.S. mobile number or email address.
- Send money using just an email address or U.S. mobile number.
Sub-heading: Better Money Habits®
- Bank of America's Better Money Habits initiative provides free financial education resources, articles, and tools to help you manage your money, set goals, and build your financial know-how.
Frequently Asked Questions (FAQs)
Here are 10 related FAQ questions to help you further:
How to choose the right Bank of America account for my needs?
Consider your primary usage: for everyday spending, a checking account like Advantage SafeBalance Banking or Advantage Plus Banking is suitable. For saving money and earning interest, a savings account is ideal. Review the fees and waiver requirements for each to find the best fit.
How to open a Bank of America account as an international student or non-US citizen?
Visit a Bank of America financial center in person. Bring your foreign passport (and US visa if applicable), proof of both your foreign and US address (e.g., utility bill, rental agreement), and a tax identification number (SSN, ITIN, or Foreign TIN). They are equipped to assist international customers.
How to find the nearest Bank of America financial center or ATM?
You can easily find the nearest Bank of America financial center or ATM by using the "Find a Financial Center" or "Find an ATM" tool on the Bank of America website or their mobile banking app.
How to activate my Bank of America debit card?
You can activate your debit card by calling the activation number on the sticker (typically 888.624.2323), by using it with your PIN at any Bank of America ATM or for a purchase, or through your online banking account once enrolled.
How to enroll in Bank of America Online Banking?
Visit bankofamerica.com, click "Enroll" in the login box, and follow the prompts. You'll need your account number or debit/credit card number, your SSN/TIN, and an email address for verification.
How to send money using Zelle® with Bank of America?
Once enrolled in Zelle® through your Bank of America mobile app or online banking, you can send money by tapping "Pay & Transfer," selecting "Zelle®," and entering the recipient's U.S. mobile number or email address.
How to deposit checks using the Bank of America mobile app?
Open the Bank of America mobile app, select "Deposit Checks," take clear photos of the front and back of your endorsed check, and enter the deposit amount.
How to avoid monthly maintenance fees on Bank of America checking accounts?
Monthly fees for Advantage Plus Banking ($12) can be waived by maintaining a $1,500 minimum daily balance, having at least one qualifying direct deposit of $250 or more, or being a Preferred Rewards member. For Advantage SafeBalance Banking ($4.95), the fee can be waived if you maintain a minimum daily balance of $500 or if an account owner is under 25 or a Preferred Rewards member.
How to contact Bank of America customer service for new accounts?
For assistance with new accounts or general inquiries, you can call Bank of America customer service at 800.432.1000. You can also schedule an appointment online to visit a financial center.
How to set up direct deposit for my Bank of America account?
You can set up direct deposit by providing your employer (or the payer) with your Bank of America account number and the Bank of America routing number. These details can be found on your checks, within your online banking account, or by contacting customer service.
