Text banking is a quick and easy way to track your finances.
Managing account balances is a cornerstone of good financial health. By knowing how much you have in each of your accounts, you can help keep on track with your budget and avoid having your card turned down because of insufficient funds. Now, with Text Banking, you can quickly and conveniently check your account transactions on the go with your cell phone.
What you can do with Text Banking
This new service from Bank of America is a tool to view your account information and recent transactions for your bank accounts. Here is some of the account information you can get on your checking, savings and credit card accounts1:
- Check your available balance before making a purchase with your debit card.
- Find out if a deposit or Automatic Transfer for Savings has posted to your account.
- Get a list of recent transactions, including debit and credit card purchases.
- Request Credit Card current balance, credit limit, payment information and due date.
Here are several examples of how you can use Text Banking:
- Want to make a debit purchase but aren't sure you will still have enough in your account to cover other bills?
o Text "BAL CHK" plus the last four digits of your checking account (e.g., BAL CHK1234), and get a response with the available balance for your checking account. - Want to check how much you spent on dinner a couple of nights ago?
o Text "HIST CARD" plus the last four digits of your credit card to get the five most recent transactions posted to your credit card account. - Want to know the balances for your checking, savings and credit card accounts?
o Text "BAL", and save time by getting all your balances at once. - Want to see your credit card bill?
o Text "BILL CARD" plus the last four digits of your credit card, and get your current balance, credit limit, payment due and due date.
How to sign up for Text Banking
To use Text Banking, all you need is a cell phone that allows texting. Any Bank of America customer can enroll in the service. Here's how to sign up:
Online Banking Customers: You can enroll your cell phone number via Online Banking.
Not an Online Banking customer? You can call 1-800-604-9961 to enroll.
After you enroll your cell phone number, send a command to MYBOFA (692632). You should receive a text response back with your information within seconds.
Once you're signed up for Text Banking, you can use it to access your account balances and recent transactions whenever you want by sending a text to MyBofA (692632).
Text Banking and Overdraft Services
Bank of America is making changes to help you avoid overdrawing your account and incurring overdraft fees with your debit card. When you use your debit card to make an ATM withdrawal or everyday, non-recurring purchase, if you do not have enough money in your checking or linked Overdraft Protection account to cover the transaction, the transaction will be declined. With Text Banking, you can check your available balance prior to making a debit card transaction to help avoid having your purchase declined.
Additional Services to Help Manage Your Accounts
Text Banking is just one of several Bank of America services that help make it easier for you to manage your finances wherever you are. With Mobile Banking and Online Banking, you can use your computer or your mobile phone's Web browser for most of your banking needs, such as checking balances, transferring funds between accounts, setting up bill payments, or finding the closest ATM.2 Enroll in one or all of these services, and start managing your banking quickly and at your own convenience.
What's next? Save with automatic alerts and payments
1 Bank of America does not charge for Text Banking. However, your mobile service provider may charge for sending and receiving text messages on your mobile phone. Check with your service provider for details on specific fees and charges that may apply.
2 You must first enroll in Online Banking, and set up Transfers and Bill Pay. Wireless carrier fees may apply.
Some accounts and services, and the fees that apply to them, vary from state to state. Please review the information for your state in the Personal Schedule of Fees (at www.bankofamerica.com/feesataglance or at your local Banking Center) and in the Online Banking Service Agreement at www.bankofamerica.com/serviceagreement.
