Mobile & Digital Banking - Bank of America (2024)

FAQs

How to do Mobile Banking with Bank of America? ›

Functionality. Digital Banking allows you to perform banking through multiple avenues like your desktop computer, tablet, laptop, etc., whereas Mobile Banking is only accomplished via mobile devices. Plus, you can conduct mobile Banking with the internet via banking apps or without the internet via SMS.

The Mobile Banking app ¹ is packed with features to help you manage your Bank of America banking and Merrill investing accounts on the go – all in one place online. Send and receive money in minutes ⁵.

Bank of America Mobile Banking 4+

You can access your accounts using our automated Banking by Phone service 24 hours a day, seven days a week, 365 days a year. Check your balance, transfer money between accounts, verify recent deposits and withdrawals and find out what checks have recently posted. To bank by phone, call 800.432. 1000.

Having problems signing in or resetting your Password? Check your password requirements. It should be at least 8 characters consisting of at least 1 uppercase letter, 1 lowercase letter and 1 number. Check your User ID.

The lack of overhead gives internet banks advantages over traditional banks, including fewer or lower fees and accounts with higher APYs. Internet banks lack personal relationships, no proprietary ATMs, and more limited services.

Mobile check deposit, for example, a feature most banking apps offer, allows you to deposit a check on the go or from the comfort of your couch. Mobile banking apps can also make it easy for users to schedule and pay bills at their convenience with features like bill pay and upcoming payment alerts.

Risks of mobile banking

The 2021 Nokia Threat Intelligence Report indicated that 50% of banking malware is targeted toward Android users, because Androids run on a fully open-source operating system. Cyberattacks triggered by hackers, unexpected glitches, and user mistakes can all undermine an app's security.

Online and Mobile Banking Security Guarantee

We verify your enrollment with a code and also provide transaction alerts for new payees, password changes and other potentially suspicious activities. Plus, you're not responsible for transfers you don't authorize.

Does Bank of America give you a digital card? ›

A digital debit card is a temporary solution you can request through the Bank of America Mobile Banking app while you're waiting for a new or replacement debit card to arrive in the mail. It can be used to make ATM transactions and purchases in stores or online.

There is no fee for Online Banking when you have a Bank of America account, however, there may be other fees associated with your account.

Online transfer using an account number and routing number. This lets you easily send money online to someone else's account, and is also a great way to transfer money between your own accounts with Bank of America or at other financial institutions.

It operates across much of the U.S. and its territories and offers financial services in more than 35 countries. As with most major banks, all deposits in Bank of America CD, checking and savings accounts are insured up to $250,000 per depositor through the Federal Deposit Insurance Corp. (FDIC).

Bank of America could be a good fit for consumers who want access to a local branch, plenty of ATMs and a highly rated app. But, like many big banks, it generally offers low rates of return compared with what other financial institutions are paying out.

Simply select an account, enter your personal information, verify your information and choose features & funding options. You will receive an email once your application is received and a follow-up email telling you whether it has been approved, plus any next steps.

Online banking services do not require specific software. All online banking operations are conducted via a bank website. To access accounts, users need an internet connection and a browser on their desktop, laptop, or mobile device.