Bank of America Business Advantage Banking vs U.S. Bank Platinum Business Checking
Bank of America Business Advantage Banking returns more on the money it ties up, so it is the better first move for most people. U.S. Bank Platinum Business Checking still makes sense if its requirement is easier for you to meet.
| Bank of America Business Advantage Banking | U.S. Bank Platinum Business Checking | |
|---|---|---|
| Bonus | Up to $750 | $1,200 |
| Requirement | Hold $5k ($400) or $15k ($750) ~60 days. | Hold $25,000 new money 60 days + 6 qualifying transactions. |
| Direct deposit | Not required | Not required |
| Money tied up | $15,000 | $25,000 |
| Hold period | 60 days | 60 days |
| Effective APY | 30.4% | 29.2% |
| Payout | ~60 days | ~30 days after |
| Last checked | Jul 5, 2026 | Jul 5, 2026 |