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  2. Guaranteed Rates, Low Opening Minimums & a Variety of Terms. Compare Our CD Options. Choose From Options Such as Featured, Fixed or Flexible Certificate of Deposits.

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  1. Annual Percentage Yield (APY) is accurate as of and applies to the initial term of a new Flexible CD. Flexible CDs have a 12 month term. We may limit the amount you deposit in one or more Flexible CDs to a total of $1,000,000 ( for CDs opened through bankofamerica.com).

    • Featured CD

      A Featured CD from Bank of America offers a steady return...

    • Fixed Term CD

      Annual Percentage Yield (APY) is accurate as of 06/05/2024...

    • Flexible CD

      Annual Percentage Yield (APY) is accurate as of 05/30/2024...

    • Account Rates

      Review Bank of America's interest rates and annual...

    • IRAs

      In retirement you may need as much as 100% of your current...

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      Monthly Fee. We'll waive the monthly maintenance fee each...

    • 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
  2. May 2, 2024 · 1-year: 0.03% APY. 3-year: 0.03% APY. 5-year: 0.03% APY. NerdWallet rating. Read review. Bank of America offers a wide range of terms for certificates of deposit and a low minimum deposit...

  3. May 10, 2024 · The current rate for Bank of America Fixed Term CDs is 0.03% to 4.00% APY (Annual Percentage Yield). The Bank of America Fixed Term CD is the national bank's traditional CD. These CDs...

  4. 3 days ago · The minimum deposit is $1,000 which is normal, but the term range is exceptional. Most CD terms range from six months to five years but these CDs let you pick terms of 28 days to ten years. No...

  5. May 15, 2024 · A Bank of America CD can help grow your savings, but many banks offer higher CD rates. The top six-month CD is yielding around 5.30% APY as of Jun 1. Bank of America’s six-month CD –...

  6. 4 days ago · 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 minimum...

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