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Bank of America Mobile Banking

App Store·FinanceFree4.81 (5,024,833)launched 7.5y agoapp updated 21d agocharts in 1 country
Scout Score
21

Bank of America Mobile Banking generates an estimated $0/month in revenue from 150k–630k downloads/month on the App Store, according to AppCurrents estimates (updated 2026-07-27).

Estimates updated 27.07.2026 · How we estimate · Ranges reflect model confidence, not exact figures.
Est. revenue / month$0
Est. downloads / month150k–630k
Estimate confidencelow
PricingFree
Rating4.81 ★ (5,024,833 ratings)
CategoryFinance
Best chart rank#15 Finance Free
Released01.02.2019
App last updated06.07.2026
PlatformiOS
Est. downloads / mo
150k–630k
Est. revenue / mo
$0
Rating velocity / day
73
Chart velocity
▲ 1/day
Peak rank
#13
Days tracked
55
Chart ranks
#15 Finance Free

Modeled monthly estimate · rating velocity · low confidence

About

Bank conveniently and securely with the Bank of America® Mobile Banking app for U.S.-based checking, savings, credit card, loan and investment accounts. Manage Accounts •View account balances and review activity •Activate or replace credit/debit cards •Set alerts for important account info •Manage all accounts, including checking, savings, credit cards, loans and investment accounts Transfer Mo…

Our take on Bank of America Mobile Banking

Bank of America's official mobile banking app, free and ad-free, serves 12k–46k monthly downloads with a 4.81 rating across 5.02M reviews.

Working for it
  • Consistently ranks as a top Finance app in the US, reaching #20 in the Finance free category, indicating sustained user trust in an official banking channel.
  • High review volume (5,023,804 ratings) and strong rating (4.81) suggest reliable core banking functionality and stability at scale.
  • Free with no in-app purchases or advertisements, typical for official bank apps that monetize through customer retention rather than direct app revenue.
Watch-outs
  • Monthly download range of 12k–46k is relatively modest for an official banking app from a major US bank, which may reflect saturation among existing BofA customers rather than broad growth.
  • Reliance on BofA customer base means user growth is constrained by the bank's broader acquisition and retention rates, not by app features alone.

Trends & analysis

Chart rank trend

US · category
#13#31
Jun 4Jul 28
Free #15

Why it's surfacing

Scout 21
Momentum
23
Newness
3
Breakout
1

Ratings & velocity

★ 0 in window
Total ratings
5.0M5.0M
Jun 4Jul 28
New ratings / day
1360
Jun 7Jul 28

Rating distribution

96% positive · 5.0M ratings
5
89%
4
7%
3
2%
2
1%
1
2%

Geographic reach

best rank · 1 storefront
us
#15 category

Revenue & downloads trend

ARPU $0
Est. revenue / mo · $0
$0
Jun 4Jul 27
Est. downloads / mo · 314k
13M21k
Jun 4Jul 27

Update history

4 updates tracked
  • v26.07.0221d ago

    In this release, we've made some minor enhancements and bug fixes. We're always making improvements, so turn on automatic app updates to get the latest. Go to Settings > App Store, and toggle on "App Updates".

  • v26.07.026d ago

    In this release, we've made some minor enhancements and bug fixes. We're always making improvements, so turn on automatic app updates to get the latest. Go to Settings > App Store, and toggle on "App Updates".

  • v26.06.01mo ago

    • Enjoy BofA Rewards™, our new loyalty program which offers exclusive benefits and rewards on your everyday banking • Simplify login by confirming your identity on your mobile device, reducing the need for one-time passcodes

  • v26.05.022mo ago

    Refer a Friend allows eligible clients to share a referral code inviting others to apply for a new credit card. Offer info in account details

Bank of America Mobile Banking — FAQ

How many downloads does Bank of America Mobile Banking get?

Bank of America Mobile Banking sees an estimated 150k–630k downloads per month on the App Store, per AppCurrents modeling.

Is Bank of America Mobile Banking free?

Bank of America Mobile Banking is free to download on the App Store, with no in-app purchases detected.

What is Bank of America Mobile Banking's rating?

Bank of America Mobile Banking holds a 4.81-star average from 5,024,833 ratings on the App Store. It currently ranks #15 on the Finance free chart.

When was Bank of America Mobile Banking released?

Bank of America Mobile Banking launched on the App Store on 01.02.2019. Its latest version shipped 06.07.2026.

Why does a bank offer its app for free with no in-app purchases?

Bank of America's app is free because it functions as a customer acquisition and retention tool for the bank itself, not a revenue-generating product. The bank monetizes through deposit accounts, loans, and other financial services, not app transactions.

What does the #20 Finance ranking tell us about this app's market position?

The app's best rank of #20 in the Finance free category (US) indicates it is among the top 20 free financial apps but not a breakout hit. This position is consistent with an official banking app serving an established customer base rather than a consumer app growing rapidly across all user segments.

How mature is this app based on release history?

The app was first released on February 1, 2019, and its latest version is dated June 9, 2026, showing nearly seven years of active development and maintenance—typical of a core banking service expected to receive regular updates for security and feature additions.

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