Bizee Bank of America Offer

Had a great idea for a business and are ready to get your company up and running? To ensure the safety and protection of your personal assets, the first thing you need to do is form an LLC. However, we are not all lawyers and all that legal jargon and paperwork goes right over the top of our heads.

With the help of a professional, high-quality LLC incorporation service, you can get your LLC formed quickly and efficiently. There are so many business incorporation services out there so that it becomes difficult to choose one that fulfills all your needs and requirements.

Bizee is a very popular, well-known LLC incorporation service that is loved by its users and respected by its competitors. With stellar customer feedback and reasonably priced packages – they even have a free starter package – Bizee is a company that we absolutely trust and recommend.

Normally, we are not big supporters of third-party offers since they don’t bring a lot of value to the table. Usually, they are just attempting to increase the potential amount of revenue by the services. However, this Bizee Bank of America Offer is something that caught our attention and we deem it worthy enough of being shared with you.

Both Bizee and Bank of America are trusted brands in their own industries which makes this offer highly interesting for the users. In this comprehensive Bizee Bank of America Offer review, we will take you through everything that you need to know about this offer and help you decide whether it is a good fit for your business or not!

Without further ado, let’s get started!

Bizee is one of our recommended LLC formation services, and with the Bank of America offer in the mix as well, it’s a great choice to quickly and easily form your new LLC.

Therefore, Bizee teamed up with the Bank of America to make the most of their offers. If you are an Bizee client, you will receive exclusive offers and benefits from the Bank of America if you establish your business banking account with them.

The Bizee Bank of America offer provides you $450 value in terms of various bonuses along the way. If you open a new business banking account with Bank of America, and you are an Bizee client, you will earn $100 if you deposit $1000 within 60 days of opening your bank account.

Moreover, if you pay a minimum of 2 bills through the bank, you will earn $50. Another benefit you will get is a $300 statement credit if you use the credit card associated with the bank account and make purchases worth $3000.

All in all, they give you $450 for using their different services which is a pretty great offer if you ask us! Therefore, this feature makes using Bizee as your LLC incorporation service even more enticing!

• Bizee is the best LLC formation service when it comes to efficient and affordable professional business formation service. They not only help you get your LLC up and running but with their Silver starter package, they do so absolutely free of charge!

Bizee Bank of America Offer – Detailed Review

Now that you know what the Bank of America offer from Bizee is briefly, it is time for us to delve deeply and thoroughly into all the aspects of this offer. When you are completing the order form for the formation of your LLC at Bizee, you will come across a third-party offer from the Bank of America.

Importance of a Business Checking Account

What are the benefits of having a business bank account? Plenty, to say the least! Not only will you be able to keep your personal and business finances separate, but you will also be able to use the various banking features such as online bill payment, credit cards, and a lot more.

Moreover, with the help of a business bank account, it will be easier for you to keep track of all your financial transactions. Furthermore, you will have an easy way of receiving payments from your customers.

When you start a new business, you need to separate your personal and professional finances. To do this, you need to open a separate business checking bank account to maintain your corporation’s or LLC’s corporate veil.

The greatest feature and benefit offered by an LLC is the limited liability protection that it provides to its users. Under this limited liability protection, your personal assets such as your house, car, etc., remain safe and protected no matter what your business financial standing is.

If you don’t keep your personal and business finances separate, it is likely that you will lose the protection offered in case you get sued or face bankruptcy. Therefore, every LLC needs a separate business checking account.

Bank of America Offer for Bizee Users

This offer is for a business bank account with the Bank of America for the customers of Bizee. They offer you a value claim of $450 which can be broken down as follows.

• Earn $100 on Money Deposits. If you open a new Bank of America business checking account while being an Bizee client, you are eligible for a $100 value claim. If you deposit $1000 in your account within 60 days of its opening, you will get $100.
• Earn $50 on Online Bill Payments. The second bonus that this offer gives to the users is $50. We live in a digital world where most of our lives are lived online from office work to business transactions.

The Bank of America comes with an online bill-pay feature that allows you to pay different bills without the hassle of physically visiting the bank. If you pay a minimum of two bills through the Bank of America within 60 days of opening your business checking account, you will earn a bonus of $50.

• Earn $300 on Credit Card Usage. Bank of America offers credit card accounts as well. If you have a business checking account at the bank, you can open up a credit card account as well and link both the accounts with each other for ease of use.

Once you do that, you are eligible for a $300 bonus if you fulfill a condition. The condition is to make a minimum amount of $3000 worth of purchases using your credit card within 90 days after you have opened your credit card account.

It is clear that the offer does provide you bonuses worth $450 if you fulfill certain conditions. Let’s see whether you need a business checking account and a credit card account, and a few other things before we make a decision regarding this offer.

Bank of America Offer for Non-Bizee Users

Now that you know the importance of having a business checking account, comes the next question. Should you go with the Bank of America for your business checking account or not? Bank of America offers business checking accounts to everybody, even if they are not Bizee clients.

To know whether the Bizee Bank of America offer is worth availing of, we need to compare this offer with the amenities accessible to non-Bizee users.

Bank of America offers for business checking accounts vary from one location to another, but overall, the Bank does offer a few things that you should take a look at.

• Earn $200. If you open a business checking account with the Bank of America and deposit $5000 in the account within 15 after you open it, you can earn a $200 bonus.
• Earn $500. Another offer that they have is a bonus worth $500. You will get this bonus if you deposit $20,000 in your account within 15 days of opening it.
• Earn $750. The last offer they have for non-Bizee clients is a bonus of $750. If you deposit over $50,000 in your business checking account, you will earn $750.

However, these bonuses all have a common catch: You have to maintain your balance for at least 60 days to be eligible for the bonus. Moreover, you also have to make 5 electronic payments via your bank account.

If you fulfill both of these conditions and keep the respective amount of deposits in your bank, you will get these bonuses.

Comparison of the Bizee Users Offer vs Non-Bizee Users Offer

If we compare the offers for Bizee and non-Bizee clients, we can clearly see that Bizee clients get more value in the long term. Even if you get less amount in terms of money, but you don’t have a time limit for your deposits.

Moreover, the amount of money you need to earn the bonuses is quite less as well, which as new and emerging business owners, you will highly appreciate. Furthermore, there is no bonus offer for online bill payment or linking up your credit card account with your business checking account.

Therefore, if you are going to start a business, it is better than creating a business bank account at the Bank of America as an Bizee user to avail of the maximum benefits.

Things to Keep in Mind Before Opening a Business Bank Account

Opening a business bank account is an important decision that will prove to be beneficial for you down the road. There are a few mistakes while opening a business bank account that you should avoid. Moreover, there are few things you need to keep an eye out for while opening a bank account.

Let’s see what they are.

Don’t Open a Business Bank Account without creating an LLC

Haven’t formed your LLC and are thinking of opening a bank account? Think again. It is foolhardy to open a bank account before you form an LLC and an EIN to pay your taxes. Having a legal business entity, an LLC ensures that your identity is separate from that of your business.

You can open a personal bank account as a sole proprietor, but in that case, you will not only miss out on the benefits of having an LLC, you will not be able to enjoy the benefits of the Bizee Bank of America offer.

By missing your business and personal funds, you will forgo the advantages of deductible business expenditure when it comes to taxes. The last thing that anyone wants is for their business issues to seep into their personal lives and without a business checking account, and an LLC, this is highly likely.

Get all the Required Documents Professionally

When you open a personal bank account, you need to provide identity verification documents to your bank. Similarly, when you are opening a business bank account, you have to give documents to the bank regarding your business.

The documents that you need for a business bank account are:

• Articles of Organization
• Federal Tax ID (EIN)
• Business operating agreement
• Business Licenses

These documents are the requirement for opening a business bank account. Therefore, instead of going around making mistakes on your own, you should get professional and expert help. This will save your time, effort, and energy, which is extremely important as a new business owner.

Thus, we recommend that you go for the professional services offered by Bizee to get your LLC formed in a professional manner. Moreover, you will be able to enjoy the perks of Bizee’s Bank of America Offer as well!

Thoroughly Search the Features of the Bank Account

Are you the owner of a single-member LLC or are running a multi-member LLC? Would you be going to the bank to withdraw your money or will someone else do that for you? There are various things that you need to consider when you are creating your business bank account.

There are various bank account packages available, and if you don’t keep your business’s needs in mind, it is very likely that you will end up choosing the wrong package for your LLC. Usually, an LLC needs a business checking account (like the one offered by Bank of America), a business savings account, and a business credit card for future use.

Moreover, banks offer features such as online-only bank accounts, line of credit, merchant services accounts, etc. However, it is likely that you don’t need them. For example, what will you do with an online-only account if you’re going to deposit cash, right?

Therefore make sure that the services and offers you choose are perfect for your LLC’s needs. Consult the expert and courteous customer services available at Bizee to know everything in detail before you make a decision, folks!

Look for a Long-Term Banking Partner

The bank you choose to create your business account with is going to be a long-term partner for you. From keeping financial records straight to putting in requests for future loans, you are going to have a lot of interactions with your bank.

The longer you stay with a bank, the more offers you will get from them in the form of discounts, special features, and other value-added services. Therefore, even if you don’t need a lot of banking services today, keep an eye out for the features provided by the bank to ensure that they are the right choice for your LLC’s future.

Bizee Bank of America Offer – Final Word

For your business, you are going to need a business checking account. There are plenty of bonuses that the Bank of America offers. If you keep $5000 in your account, they will even waive the $15 monthly fee that they have.

Moreover, you can do 200 transactions without paying any fees as well. Moreover, if you deposit up to $10,000, they will not charge a deposit fee. Moreover, they have a mobile app, so that you can transfer funds, pay your bills, and access your account no matter where you are!

All in all, the Bank of America is a great bank, with plenty of credibility and loads of beneficial features for their customers. The offers available at Bank of America are enticing and alluring but as an Bizee user, you will get an even better deal.

Therefore, we recommend that you avail the services of Bizee for forming your LLC. Even if you have no money, you can go with their Silver business formation package, which is absolutely free of cost!

Bizee Bank of America – Frequently Asked Questions

What is an LLC?

An LLC is a type of business structure that keeps your personal and professional assets separate by providing limited liability protection. Limited liability protection ensures that even if your business assets are under stress, in case you are being sued or are on the verge of bankruptcy, your personal assets such as your house, car, etc., will remain safe and protected.

Is Bizee a good choice for LLC formation help?

To form an LLC, you need plenty of legal paperwork from filing the Articles of Organization to opening a business checking account. To save your time, energy, and efforts, you should get the help of a professional LLC incorporation service.

However, these expert services cost a lot of money, which makes them less feasible for new business owners working on a budget. For LLC owners like these, Bizee is the perfect option. They help you form your LLC without charging you an LLC formation service fee. All you need to do is pay the state fees and you are good to go!

What is the Bank of America Bizee offer?

All business owners need a business bank account to keep their finances straight. The Bank of America offers various benefits to its customers when they open a business banking account with them.

However, if you are an Bizee user, and go to the Bank of America to open your business banking account, you will get added value in form of a $450 bonus, once you fulfill certain criteria.

How does having a business bank account help?

A business bank account will help you stay legal and compliant with the tax rules of your state as well as the federal tax rules. Moreover, you will be able to track your business finances and costs and will be able to keep an eye on them effectively.

Which types of businesses need a business bank account?

If you have an LLC, an S-corp, a C-corp, a non-profit organization, or are even running a sole proprietorship, you should get a business bank account to keep your finances straight.

What details you are going to need in order to open your business bank account?

To open your business bank account, you are going to need the following things:

• Federal Tax ID (EIN)
• Name of the State of Business Formation
• Date of Business Formation
• Legal Business Name
• Personal Information of the Business owner(s)
• Details of the business manager(s)
• Banking Business Resolution

Moreover, you will also need the articles of organization that you filed with your state of formation. If you are operating under a fictitious name, then you have to send the fictitious name certificate or the DBA certificate to the bank as well.

Is there a discount code at Bizee?

No, Bizee doesn’t offer a discount code. Rather, they provide you absolutely free services! For new business owners, they offer their Silver Business Formation package that is free of cost. They will form your business for you and will also act as your registered agent for the first year without charging you anything at all.