Bank of Advance has six branches in Missouri and thousands of surcharge-free ATMs nationwide. It offers business checking accounts, certificates of deposit, lending, safe deposit boxes, notary services, night depository, and more. In this article, we cover Bank of Advance business checking reviews and fees. Ready to get started? Apply now.
Bank of Advance Business Checking Fees & Rates
The Bank of Advance business checking fees include a monthly payment ($5) if the minimum balance requirement ($500) isn’t met and other charges, such as paper statement fees ($3 per month), an overdraft charge ($24 each), an ATM surcharge ($1 per foreign ATM transaction), and other fees shown in the table below.
|Monthly Fee||$5 per month if the balance requirement is not met; additional $3 for paper statements|
|Minimum Balance Requirement||$500|
|Transaction Fee||300 free items per month; 20 cents each thereafter|
|Wire Transfer Fees||Incoming: $10|
International (outgoing): $60
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$24 each|
|ATM Fee||$1 per non-network ATM transaction|
Summary of Bank of Advance Reviews From Around the Web
We compiled online Bank of Advance reviews from Facebook and Bankrate.com and found that it has an average rating of 5 stars. Customers cited its great customer service as the reason for giving positive reviews.
Bank of Advance Network
Bank of Advance has six branches in Missouri. Its customers may also access their funds from any MoneyPass or SHAZAM Privileged Status ATMs nationwide. You may view its branch locator to check which locations are closest to you.
Bank of Advance Additional Business Banking Services
Bank of Advance also offers business credit cards and business loans, such as lines and letters of credit, commercial real estate financing, equipment and inventory, and Small Business Administration (SBA) funding. It currently does not offer business savings, money market accounts, or wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
|Money Market Accounts||x|
Best Business Checking Account for Small Businesses
Have you read these Bank of Advance business checking reviews and are still not sure if it’s right for you? Read our business checking account buyer’s guide comparing the top options and learn which bank we named the best business checking account for small businesses.