Bank of America vs Chase
Bank of America is a national bank with widespread accessibility and wide range of services. How does it compare to Chase? Read our comparison chart below.
Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
While Chase is one of the biggest banks in the nation with more than 5,000 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.
Compare Bank of America with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Learn More | Learn More | |
Bank of America | Chase | |
|---|---|---|
Bank of America Advantage Banking - Up to $500 Cash Offer | Chase Bank $400 Bonus - | |
Benefits and Features | ||
| Savings | Bank of America Advantage Savings Standard Rate: 0.01% APY |
|
| CD |
| Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. |
| Checking |  |
|
| Mobile App | ||
| ATMs | ||
| Customer Service |
| Automated service available 24/7 |
| IRA CD | | |
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |   | |
| CD |  | |
| Checking | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | National bank with widespread accessibility and wide range of services... | National bank with good promotions for new customers... |
| Learn More | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Bank of America: Pricing information from published website as of 01/09/2026 based on 91107 zip code. Chase: Pricing information and data points from published website as of 01/24/2026. | ||
Bank of America Advantage Banking - Up to $500 Cash Offer
- The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 1/31/2026.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
Cash Bonus Total Qualifying Direct Deposits $100 $2,000 $300 $5,000 $500 $10,000+ - If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
- Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Additional terms and conditions apply. See offer page for more details.
- *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
- Bank of America, N.A. Member FDIC.
Bank of America® Business Advantage Banking - $400 or $750 Cash Bonus Offer
- The $400 or $750 cash bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new eligible business checking customers only.
- Offer expires 12/31/2026.
- To qualify, a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account through the promotional page and deposit New Money* directly into that new eligible account within thirty (30) days of account opening (“Deposit Period”). At the
end of the Deposit Period, all New Money deposits made directly into new eligible Business Advantage Banking account will be totaled to determine which Balance Requirement you have met and which corresponding Cash Bonus Tier you
are eligible for.
Balance Requirement Cash Bonus Tier $5,000 $400 $15,000 $750 - Maintain a daily balance in that new Business Advantage Banking account that meets the applicable Balance Requirement during the Maintenance Period**
- After you satisfy all of the requirements, Bank of America will attempt to deposit your earned bonus directly into your new eligible Bank of America Business Advantage Banking account within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- *New Money is new funds deposited into your Business Advantage Banking account that are not transfers from other Bank of America accounts or Merrill investment accounts.
- ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
- Bank of America, N.A. Member FDIC
Business Advantage Relationship Banking
- Best for businesses with the need for extra accounts and robust banking needs.
- No fee for incoming wire, stop payment, electronic deposits and more.
- No fee for first 500 transactions per statement cycle.
- No fee for the first $20,000 in cash deposited per statement cycle at an ATM or Financial Center.
- Bank of America, N.A. Member FDIC
Chase Total Checking® - $400 Bonus
- New Chase checking customers can receive $400 when you open a Chase Total Checking® account and make direct deposits totaling $1,000 or more within 90 days of coupon enrollment.
- Unlock more offers with Chase. Get up to $500 per calendar year by referring friends and family. Plus, get cash back from top brands with Chase Offers when you use your debit card.
- Chase Total Checking® has a $15 monthly service fee, you can easily avoid the fee with direct deposits totaling $500 or more, or a minimum average daily balance each statement period.
- Chase Overdraft Assist℠ – no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Chase Mobile® app makes banking simple. Manage accounts, pay bills, send money to friends with Zelle® and deposit checks on the go with Chase Quick Deposit℠.
- Chase has the largest branch network in the U.S. with thousands of ATMs and branches. Use the Chase locator tool to find a branch or ATM near you.
- Chase helps keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
- Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
Chase Secure Banking℠ - $125 Bonus
- New Chase checking customers enjoy a $125 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
- Set up direct deposit and you may get your money up to two business days early—exclusively for Chase Secure Banking℠ customers.
- No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
- No need to worry about overdraft fees - Chase Secure Banking℠ allows you to spend only the money you have available.
- Chase Secure Banking℠ customers told us they save an average of more than $40 per month on fees after opening their account.
- Pay bills, cash checks and send or receive money with Zelle® with a Chase Secure Banking℠ account.
- Chase makes it easy for you to access your money from anywhere with the Chase Mobile® app, plus thousands of ATMs and branches.
- JPMorgan Chase Bank, N.A. Member FDIC.
Chase Business Complete Banking® - Up to $500 Bonus
- Earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
- Get added features at no additional costs. Choose Chase Business Complete Banking® to get a fully integrated business solution that can help you control costs. Waive the $15 Monthly Service Fee in multiple ways like keeping a minimum $2,000 balance, plus use built-in offerings such as card acceptance, invoicing, Chase Customer Insights and Tap to Pay on iPhone at no additional cost.
- Bank with confidence. Feel confident knowing we have the largest branch network in the U.S. with 5,000 branches that provide personalized service and can help with your complex banking needs. You can also benefit from our account protection services, which provide safeguards by overseeing employee account activity, monitoring checks, and offering additional protection for your business.
- Access top-rated online business banking. Take advantage of our #1-ranked online small business banking platform with a comprehensive set of features designed for small business owners like you. Our tools enhance your ability to manage cash flow, accept and make payments, create invoices and plan for growth, so you can streamline processes and gain greater control of your finances.
Which is Better: Bank of America or Chase?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Bank of America or Wells Fargo.
Articles on Bank of America
Bank of America Review
Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.
Bank of America Savings Account Interest Rate
Bank of America's Advantage Savings has a standard APY way below the national average. Read on to find out more.
Does Bank of America Have a High Yield Savings
Bank of America offers various banking products and services. But does it have a high-yield savings account? Find out here.
Bank of America Problems
Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.
Bank of America CD Rates
Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.
How to Close a Bank of America Account
Want to close your Bank of America account? Learn how and what you need to do before you close your account.
Bank of America Hours
Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.
Bank of America Routing Number
Find your Bank of America routing number and learn about money transfers in our guide.
Articles on Chase
Is Chase a Good Bank
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Chase Business Complete Banking Review
Is Chase Business Complete Banking® the right choice for you? Here are the benefits and fees you need to know.
Chase Routing Number
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
Chase Private Client vs Sapphire Banking
What's the difference between Chase Private Client Checking℠ and Chase Sapphire℠ Banking? Find out which one you can qualify for.
Chase Private Client Bonus
Chase is now offering up to a $3,000 bonus when you open a new Chase Private Client Checking℠ account. Find out how to qualify below.
How to Close a Chase Account
If you're ready to say goodbye to your Chase monthly service fees, follow the steps outlined in this guide to close it online, via phone, and more.
Chase First Banking Review
Is Chase First Banking the right debit card for your kid? Before you open an account, find out the pros, cons, fees, and more.
How to Write a Chase Check
Got a shiny new Chase checking account? You're almost ready to make purchases. Read this guide to learn how to write a check from Chase.
What is Chase Overdraft Protection
Chase charges a hefty $34 insufficient funds policy. Find out how to avoid fees with their overdraft protection services.
How to Get Started with Chase Banking App
Want to start using The Chase Mobile® App? Get started in three easy steps below.
Chase Bank Hours
Chase Bank has over 5,000 branches and more than 15,000 ATMs. Find out when you can visit your local branch in this guide.
Chase Private Client
Discover the real value and premium perks of Chase Private Client ℠. Explore the benefits in this in-depth review and if they're worth it.
Chase College Checking
Chase College Checking account has no monthly service fee for students. But is there a catch? Read on to learn the details and see if it's right for you.
Which Do You Think is Best?
Which Bank Account is Right for You?
You Might Also Like
Banks with Locations in All 50 States
No bank has branches in all 50 states—not even giants like Chase and Bank of America. Yet, they, and a few others, come pretty close. See which ones.
Best Banks for Small Business in Minnesota
Need a bank for your small business in Minnesota? Wells Fargo, Old National Bank, and Bluevine are some of the top choices in the North Star State.
Best Banks for Small Business in Indiana
Running a small business in Indiana? Chase, 1st Source Bank, and Bluevine are some of the best banks for small businesses in the Hoosier State.
Best Banks for Small Business in Kansas
Running a small business in Kansas? U.S. Bank, Equity Bank, and Bluevine are some of the best banks for small businesses in the Sunflower State.
Best Banks for Small Business in Nevada
Need a good bank for your Nevada small business? Wells Fargo, GNCU, and Axos are some of the top banks worth checking out in the Silver State.
Best Banks for Small Business in Missouri
Looking for a bank to support your small business? U.S. Bank, OakStar Bank, and Bluevine are some of the top options for Missouri-based entrepreneurs.
Best Banks for Small Business in Colorado
Need a bank to support your Colorado small business? Wells Fargo, FirstBank, and Bluevine are some of your top options. Read on for the full list.
Best Banks for Small Business in Virginia
Need a good bank for your small business in Virginia? Here are the top banks for Virginia's local entrepreneurs.
Best Banks for Small Business in Washington
Running a small business in Washington? Chase, Umpqua Bank, and Bluevine are some of the top banks for Washington's local small business owners.
Best Banks for Small Business in Maryland
The right bank can be key to your business's success. Here are the top choices for Maryland small businesses worth checking out.
Next Page: Bank of America Review
