Bank of America Auto Loan Payment Address

Bank of America's auto loan payment address depends on how you pay and what you are sending. If you pay online through your Bank of America account or the BofA mobile app, you do not need a mailing address — the payment goes directly to your loan account. If you mail a check or money order, the address is Bank of America, P.O. Box 15298, Wilmington, DE 19850-5298.

Write your loan number on the check or money order. Include your name and the account number on any envelope you send. Bank of America processes mailed payments at this Delaware address, and mail typically takes five to seven business days to arrive and post to your account. If your payment is due on a specific date, mail it at least ten days early to avoid a late fee.

For overnight or courier delivery, contact Bank of America directly at 1-800-499-7000 to request the street address for overnight mail. The P.O. Box does not accept overnight packages. You can also ask about courier options when you call.

Key Takeaways

  • Online and mobile app payments go directly to your account with no mailing address needed.
  • Mailed checks go to P.O. Box 15298, Wilmington, DE 19850-5298, and take five to seven business days to post.
  • Write your loan number on the check and your name on the envelope so the payment reaches the correct account.
  • For overnight delivery, call 1-800-499-7000 to get the street address, since the P.O. Box does not accept overnight packages.
  • Mail payments at least ten days before your due date to avoid late fees from processing delays.

How to Find Your Loan Number

Your Bank of America auto loan number appears on your monthly statement, in the top right corner or near the account summary. It is also visible when you log into your Bank of America online account — select the auto loan account and the number displays at the top of the page.

If you cannot find your statement or do not have online access, call Bank of America at 1-800-499-7000. Have your Social Security number and the vehicle identification number (VIN) ready. A representative can confirm your loan number and answer questions about your account in the same call.

Sending Documents and Correspondence

If you need to send documents related to your auto loan — such as proof of insurance, a change of address form, or a dispute letter — use the same P.O. Box address: Bank of America, P.O. Box 15298, Wilmington, DE 19850-5298. Include your loan number and a brief note explaining what the documents are for.

For time-sensitive documents, consider calling 1-800-499-7000 first to ask whether Bank of America can receive them by fax or email. Some departments accept faxed documents, which arrive the same day. Email is less common for loan documents, but the representative can tell you what options exist for your specific situation.

Online and Mobile Payment Options

Bank of America's website and mobile app both allow you to pay your auto loan without mailing anything. Log in to your account, select the auto loan, and choose "Make a Payment." You can pay when ready from a linked bank account or schedule a payment for a future date.

Payments made online typically post to your account within one business day. If you schedule a payment for a future date, Bank of America processes it on that date, so the funds arrive in time to meet your due date. There is no fee for online payments from a Bank of America checking or savings account.

The mobile app offers the same features as the website. You can also set up automatic payments so your loan payment is deducted from your bank account on the same day each month. This removes the risk of forgetting a payment and incurring a late fee.

Phone and In-Person Payment Methods

You can pay your Bank of America auto loan by phone by calling 1-800-499-7000. A representative can process a payment from your bank account or accept a credit or debit card payment over the phone. Phone payments are useful if you have questions about your account or need to discuss a payment arrangement.

If you have a Bank of America branch near you, you can also visit in person to make a payment. Bring your loan number and a form of payment — cash, check, or debit card. Not all branches handle auto loan payments, so call ahead to confirm that your local branch offers this service.

What Happens if Your Payment Is Late

Bank of America typically reports a payment as late if it arrives more than 15 days after the due date. A late payment may result in a fee and can affect your credit score. If you know your payment will be late, call 1-800-499-7000 before the due date to discuss your options.

Bank of America may offer a short-term payment arrangement or deferment in some cases, depending on your account history and the reason for the delay. Calling before you miss a payment is better than calling after, because the lender has more flexibility to help before a late fee is assessed.

Frequently Asked Questions

How long does it take for a mailed check to show up on my account?

Mailed payments typically take five to seven business days to arrive at the Wilmington address and post to your account. If your payment is due on a specific date, mail it at least ten days in advance. Weekends and holidays can add extra time, so plan accordingly.

Can I pay my Bank of America auto loan at an ATM?

No, Bank of America ATMs do not accept auto loan payments. You can pay online, by phone, by mail, or in person at a branch. Online payment is the fastest and most convenient option for most borrowers.

What if I want to pay extra toward my principal?

You can make extra payments online, by phone, or by mail. When you pay online or by phone, specify that the extra amount should go toward principal rather than being held as a future payment. For mailed payments, include a note with your check explaining that the extra amount is for principal reduction.

Is there a fee for paying by phone?

Bank of America does not charge a fee for phone payments made from your bank account. If you pay with a credit or debit card over the phone, a fee may explore — ask the representative before you authorize the payment.

Can I change my payment due date?

Yes, you can request a due date change by calling 1-800-499-7000. Bank of America may allow you to move your due date to align with your payday or another date that works better for your budget. Changes typically take effect within one or two billing cycles.