GoBank vs Bank Of America

Struggling to choose between GoBank and Bank Of America? Both products offer unique advantages, making it a tough decision.

GoBank is a Business & Commerce solution with tags like mobile-banking, online-banking, atm-access.

It boasts features such as Mobile banking app, FDIC insured checking & savings accounts, Fee-free overdraft up to $50, ATM fee reimbursements, Photo check deposit, Person-to-person payments, Bill pay, Goal setting & budgeting tools and pros including User-friendly mobile interface, No monthly fees, No minimum balance, Fee reimbursements, Goal tracking, Easy account opening.

On the other hand, Bank Of America is a Business & Commerce product tagged with banking, finance, personal-banking, small-business-banking, commercial-banking, wealth-management.

Its standout features include Personal banking, Small business banking, Commercial banking, Wealth management, Retail banking centers, ATMs, Mobile banking, Online banking, Bill pay, Debit and credit cards, Loans and mortgages, Investments and retirement planning, and it shines with pros like Extensive branch and ATM network, Wide range of banking and financial services, Mobile and online banking options, Reputation as a large, stable financial institution.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

GoBank

GoBank

GoBank is an online bank designed specifically for mobile use. It offers customers an easy mobile-first banking experience with no physical branches and quick ATM access through a network of ATMs.

Categories:
mobile-banking online-banking atm-access

GoBank Features

  1. Mobile banking app
  2. FDIC insured checking & savings accounts
  3. Fee-free overdraft up to $50
  4. ATM fee reimbursements
  5. Photo check deposit
  6. Person-to-person payments
  7. Bill pay
  8. Goal setting & budgeting tools

Pricing

  • Free

Pros

User-friendly mobile interface

No monthly fees

No minimum balance

Fee reimbursements

Goal tracking

Easy account opening

Cons

No joint accounts

Limited customer service

No way to deposit cash

No interest-earning checking

Very basic budgeting tools


Bank Of America

Bank Of America

Bank of America is one of the largest banks in the United States, offering services for personal banking, small business, commercial banking, and wealth management. It has nearly 5,000 retail banking centers and over 16,000 ATMs across the country.

Categories:
banking finance personal-banking small-business-banking commercial-banking wealth-management

Bank Of America Features

  1. Personal banking
  2. Small business banking
  3. Commercial banking
  4. Wealth management
  5. Retail banking centers
  6. ATMs
  7. Mobile banking
  8. Online banking
  9. Bill pay
  10. Debit and credit cards
  11. Loans and mortgages
  12. Investments and retirement planning

Pricing

  • Subscription-Based

Pros

Extensive branch and ATM network

Wide range of banking and financial services

Mobile and online banking options

Reputation as a large, stable financial institution

Cons

Fees for some services

Potential for long wait times at branches

Some customer service complaints

Complexity of services can be overwhelming for some customers