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At maturity, 7, 10, 13, 25 and 37 Month Featured CD accounts will automatically renew into a Fixed Term CD account with the same term length unless you make a change during the 7-day grace period. Today's APY of these Fixed Term CDs is 0.03%. Your rate will be determined at maturity. At maturity, Fixed Term CDs renew into Fixed Term CDs of the ...
- 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...
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- 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. For example, the national average rate on a 12-month CD is 1.86% as of June 2024, according to the FDIC. For comparison, a 12-month Fixed Term CD at Bank of America only ear...
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
Mar 1, 2024 · Average CD rates have shot up in the past couple of years. In June 2021, one-year CDs averaged 0.18 percent APY and five-year CDs averaged 0.39 percent APY. In September 2023, one-year CDs ...
Jun 24, 2024 · Bank of America has a variety of CD terms at a somewhat low minimum opening requirement, but CD rates tend to be low. ... Best CD rates overall. ... What 2023 Fed rate increases mean for CDs.
Jul 16, 2024 · Yet there are exceptions: Yields on the Bank of America Featured CDs range from 0.05% to 5.00%. If you have at least $1,000 and you’d like to up your savings game at one of the largest banks in ...
Jul 9, 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 5.35% APY as of Jul 9. Bank of America’s six-month CD – and most ...
People also ask
What types of CDS does Bank of America offer?
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Jun 25, 2024 · Updated: Jun 25, 2024. Key Takeaways: The highest Bank of America CD rate is a 5.00% APY, which is for its seven-month featured term. The bank’s one-year flexible CD offers a competitive rate ...
