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.

Feature	GoBank	Bank Of America
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

GoBank

Description: 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.

Bank Of America

Description: 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.

Key Features Comparison

GoBank Features

• 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

Bank Of America Features

• 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

Pros & Cons Analysis

GoBank

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

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

Pricing Comparison

GoBank

• Free

Bank Of America

• Subscription-Based