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A certificate of deposit typically earns higher interest than a traditional savings account. View Bank of America CD rates and account options.
- Featured CD
Featured CD - Certificate of Deposit - View CD Rates and...
- Fixed Term CD
Fixed Term CD - Certificate of Deposit - View CD Rates and...
- Flexible CD
Flexible CD - Certificate of Deposit - View CD Rates and...
- Account Rates
Review Bank of America's interest rates and annual...
- IRAs
MLPF&S makes available certain investment products...
- Savings Accounts
Monthly Fee. We'll waive the monthly maintenance fee each...
- Featured CD
- Overview of Bank of America CDs
- How Much Can You Earn with Bank of America’s CD Rates?
- How Bank of America’s CDs Compare
- How to Open A CD Account with Bank of America
- About Bank of America
- Alternatives to Bank of America CDs
Bank of America’s Featured CDs require a minimum opening balance of $1,000, which is relatively high, but could be worth it if you choose a term that gets a higher APY. Many other banks pay higher APYs while requiring a lower minimum deposit or no minimum at all. Notably, Bank of America’s Featured CDs come in odd terms, generally one month longer ...
Because Bank of America’s CD rates are relatively low across terms, don’t expect much of a return. Find out what you can earn with Bank of America’s CDs by plugging the numbers into our CD calculator:
Most of Bank of America’s CD yields are much lower than those of the best CD rates. This bank’s lowest CD rates are also significantly lower than the national average CD rates, according to the FDIC. However, a few of Bank of America’s Featured CDs offer APYs that are competitive with the best CDson the market. This is an excellent reminder to shop...
If you’re ready to get started with a Bank of America CD account, you can open one online, by phone or in person by following the steps below. Online: 1. Go to the Bank of America CDs page. 2. Choose the “Get started” button under the type of CD you want to get. 3. Select your desired term and opening deposit amount. 4. Complete the online applicat...
Bank of Americais a full-service national bank with 240 years of history, and it’s the second-largest U.S. bank by assets. It offers 3,900 branch locations, an online banking platform and a highly rated mobile app. Bank of America provides personal, business and commercial banking products and services.
There are plenty of other banks and credit unions offering high-yield CDs worth looking into. You may also want to consider other types of accounts.
- Ben Gran
May 2, 2024 · Bank of America has a variety of CD terms at a somewhat low minimum opening requirement, but CD rates tend to be low. See how they compare with other banks.
Jun 20, 2024 · Many Bank of America’s CD terms offer unimpressive rates, with an annual percentage yield (APY) as low as 0.03%. The bank’s best offerings, the Bank of America Featured CDs, do...
Jun 10, 2024 · The top six-month CD is yielding around 5.35% APY as of Jun 24. Bank of America’s six-month CD – and most of its standard term CDs – are yielding well below the national average. Other...
Jun 19, 2024 · The highest Bank of America CD rate is a 4.75% APY, which is for its seven-month featured term. The bank’s one-year flexible CD offers a competitive rate and penalty-free withdrawals. The...
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Jun 3, 2024 · See the best CD rates here to compare what you could earn. High minimum deposit requirement: Some banks allow you to open a CD with as little as $1, but Bank of America's...