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Bofa Online Banking

Top Features of BofA Online Banking



Bank of America, or BofA, is one of the largest banks in the country. BofA’s online banking system is among the most sophisticated available today. As a BofA customer, you are automatically qualified to enjoy BofA online banking services. If you’re a current Bank of America customer, but don’t currently use their online banking services, it’s easy to get started; if you’re new to Bank of America and want to know more about what BofA online banking has to offer, you can learn more below.



BofA Online Banking: Most Popular Features

Receive Online Statements – You can help save the planet by switching over to online statements through the BofA online banking center. Each month, you’ll receive an email alert letting you know that your new statement is available. Statements going back 18 months are available on the Bank of America website.

View Cleared Checks – Instead of requesting copies of your cleared checks, you can view them through the BofA online banking website. From there, you can download copies and print them off, if necessary.

Monitor Account Balances – Balances for all of your Bank of America accounts are constantly updated online, allowing you to stay abreast of what’s happening with your checking, savings and other BofA accounts.

Track Transactions – With BofA online banking, you can quickly and easily track your transactions. Log in at any time to see which checks have cleared, which debit transactions have taken place and which deposits have been made. Detailed information for many transactions is also available.

View Pending Transactions – Unlike many other online banking sites, BofA online banking allows you to view your pending transactions. Typically, these include POS – or point of sale – transactions made with check cards, along with ATM withdrawals and certain deposits.

Receive Important Alerts – Through the BofA online banking service, you can sign up for a wide range of different alerts. These alerts can be sent to your email address or to your mobile device, and can be customized according to your needs. Popular alerts include daily available balance reminders and suspicious activity alerts.

View Account Summaries – In addition to keeping track of your checking and savings account activities, you can use BofA online banking to view summaries for other Bank of America products. Check in on your line of credit, your mortgage, CDs and non-brokerage IRAs through the Bank of America online banking service.

Perform Transfers Between Accounts – Instead of visiting a local branch to transfer funds between your checking and savings accounts, you can do so instantly on the Bank of America online banking system. You can also view completed transfers at any time.

Online Bill Pay – Pay your bills with the click of a mouse button with BofA online banking’s bill pay and e-bill features. In addition to making payments, you can quickly and easily view completed transactions and download histories of your paid bills. This service is offered free of charge for all Bank of America consumer checking account holders.

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Financial Dictionary: Accounting, Business & International FinancePersonal Finance