BenefitsOnLine is an investment app that belongs to a subsidiary of the Bank of America. It gives you access to all of the dealing you have with your financial advisor through your Edge account. Also, those who use BofA can do all their budgeting from the application.
Money on your phone!
Investing has never been easier if you use Bank of America.
It is easy to get a Merrill Lynch account as long as you can provide your basic financial information and Social Security number. Once that is done, you may talk with your advisor through the app and send him documents directly scanned on your phone.
If you use BofA, you can control and budget your money through the app. They also provide essential financial news through the application. Unfortunately, because the software has so many features, it is quite slow.
Compounding that is its cluttered interface, which is similar to the Fidelity app. This aspect makes the app to offer little in design and functionality. However, security measures, which Ally Mobile also use, are great, making use of facial and fingerprint recognition.
Where can you run this program?
You can use it on iOS 11 and onwards.
Is there a better alternative?
No. There aren’t any better options. If you have chosen to invest and use BofA, this application supersedes the others with its functions. All and Fidelity have strengths, but they have weaker customer service and don’t offer curated news.
BenefitsOnLine has a few issues with its slow load speed and subpar user interface. However, it offers many features like a powerful connection to your advisor and financial news. Also, the protections implemented and budgeting with BofA are great for an investment app.
Should you download it?
Yes. If you are looking for a mobile investment program, BenefitsOnLine is an excellent choice.