The minimum balance requirements at Bankof America vary significantly depending on the specific type of deposit account selected, ranging from basic checking products to premium savings and relationship tiers. For standard checking products, maintaining a minimum daily balance of $1,500 serves as one of the primary methods to waive monthly maintenance service fees. Higher-tier relationship accounts or specialized wealth management portfolios require much larger combined average daily balances across linked accounts to eliminate monthly service charges and unlock preferential banking benefits.