No. This new tool is available FREE of charge to all Bank of America customers.
See the big picture
- Quickly review your spending across automatically-organized categories
- See your spending by category
- Easily compare your income against your spending
Dig in and make a plan
- Review the transaction breakdown within each category
- Get a monthly spending overview and easily spot trends
- Set a budget within each category and track your progress
Thousands of thumbs up
We’re helping people make better financial decisions every day. Over the course of a year1:
1 out of 4
people increased their savings by 20% or more.
1 out of 3
people increased their checking balance by 20% or more.
1 out of 7
people reduced their credit balance by 20% or more.
I LOVE this feature, thanks for adding! It's a helpful way to take an honest look at where I'm spending money and where I can save. It's satisfying to see my monthly spending go down when I put effort toward saving. Love to look at this throughout the month to see where I'm pacing. THANKS!
To know where my money is going is helping me a lot to control better where and when to spend my money. The fact that now I am more aware of where every dollar goes, is helping me get rid of debts in more educated way. Thank you so much for this added value to my finances.
This information is very helpful to me. I appreciate the ease of using and understanding the format and content. Information is most useful to someone on fixed income because it tells me where I need to cut back and where I can spend without going into unnecessary debt. Thank you BoA.
Frequently asked questions
Access all of our tools
Download the Bank of America app for your phone or tablet or simply sign in at bankofamerica.com.
More tools from Bank of America
Many savings goals. One tool.
Create personalized goals by setting precise target amounts and visualizing your progress. A few taps and you’re on your way.
- Represents Bank of America Consumer households for entire 12-months under study who used the Saving and Budgeting Tool during March 2017. Analysis based on average balances for the 6 months prior to March ‘17 (“pre” period) and the 6 months after March ‘17 (“post” period).
We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that.
Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have.
If you prefer that we do not use this information, you may opt out of online behavioral advertising. If you opt out, though, you may still receive generic advertising. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements.
Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. These ads are based on your specific account relationships with us.
To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs.