How to open a new savings account with Bank of America

12/30/2017 Author: Ginny Foster

Need help setting up a savings account with Bank of America?  This is a step by step how-to article that explains how to set up a new savings account online with Bank of America.  This article assumes you already have a relationship with Bank of America, and you already have account(s) with Bank of America.

STEP 1:

Go to the Bank of America sign in page and log in using your username and password.  Alternatively, you can go to the Bank of America home page, shown below.

STEP 2:

Select the Checking & Savings Account option.  Note that in order to have a Savings Account at Bank of America, you must first have a Checking Account at Bank of America.

STEP 3:

Complete the information request.  You will need to fill out your zip code and county of residence.

STEP 4:

Follow the Get Started prompt to add a Savings Account to your Checking Account.  If you are already a Bank of America customer, select that option to streamline your application.  Select the Go to Application option.

STEP 5:

Complete the Bank of America application with your personal information.  You will need to enter your first and last name, your address, phone number and email address.  Additionally, you will need your social security number and date of birth.

If you are sharing this account with another individual, you will need to select the co-applicant option, and also have their information ready to enter.  You will need to enter their first and last name, their address, phone number, email address, social security number and date of birth.

Note: Bank of America gives you the option to save your application in case you don’t have all your information at that moment.  Select the Save for Later option at the bottom of the page.

STEP 6:

After you enter the information, you will select the type of account you want to use.  If you already have an account with Bank of America, select the Savings Account (Rewards Savings) option.

STEP 7:

Once you have added a Savings Account to your application, review the terms and conditions.  Select the option to continue.

STEP 8:

This is your final review and submit page.  Review your information to make sure everything is correct, and submit your application.

Let us know how this article was helpful.

 

 

LEAVE A REPLY Your email address will not be published. All fields are required

Leave a Reply

Your email address will not be published. Required fields are marked *

blog

The Power of Enlistment to Accomplish Financial Goals

If you seek a positive and impactful experience, whether at work, home, or within your community, you should consider the power of...

Read More Leave a Comment
blog

Travel: what vacation really means, and how you can maximize it

There is one finite commodity that we all possess, and it is not money.  It is not our level of education.  It is not our net worth.  It...

Read More Leave a Comment
blog

Fixer upper vs. Move in ready (do you see yourself living there)

Many first time home buyers are weighing their options as the housing market surges with new health and abundance.  How do these potential...

Read More Leave a Comment
blog

Expensive vs. Going on the cheap (or other things you could do with the wedding budget)

If you or someone you know is planning a wedding, congratulations!  This is an exciting time, when two individuals commit to a lifelong...

Read More Leave a Comment
blog

Must haves for new parents: what you will need before (during) and after you have a baby

Experienced and established parents shared their stories and advice on ways to prepare for parenthood and save money in the...

Read More Leave a Comment
blog

What If The Only Way to Save Is When I Can’t See It

Recent studies cite that emotions often trigger both spending and saving. We squirrel money away because we either have great anticipation...

Read More Leave a Comment
blog

Few People Know How Much It Costs to Have a Baby

Good things that come in small packages are often the most expensive things, and babies are no exception. Ask any second-time parent and...

Read More Leave a Comment
blog

Why Americans Aren’t Saving

Are you one of the estimated 60 percent of Americans who either has no savings at all or whose emergency cash amounts to less than $1,000?...

Read More Leave a Comment