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Compare different types of CD accounts offered by Bank of America, such as Featured CD, Fixed Term CD and Flexible CD. Learn about the interest rates, terms, penalties, benefits and how to open a CD account online or in person.
- Featured CD
Annual Percentage Yield (APY) is accurate as of 09/17/2024...
- Fixed Term CD
Open a Fixed Term CD with as little as $1,000 and choose...
- Flexible CD
A Flexible CD from Bank of America offers competitive rates...
- Account Rates
Find the interest rates and annual percentage yields (APYs)...
- IRAs
Individual retirement accounts can offer significant tax...
- Schedule an Appointment
MLPF&S makes available certain investment products...
- Savings Accounts
Monthly Fee. We'll waive the monthly maintenance fee each...
- How Do CDs Work
A certificate of deposit (CD) is a low-risk savings tool...
- $200 New Checking Offer
The minimum deposit required to open a Bank of America...
- Featured CD
People also ask
How long does a bank of America featured Certificate of deposit last?
Does Bank of America offer a CD?
Does Bank of America offer a fixed term CD?
What are Bank of America's Best Featured CD rates?
Open a Fixed Term CD with as little as $1,000 and choose your own term from 28 days to 10 years. See current rates and learn about fees, benefits and renewal options.
- 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 1.88% as of September 2024, according to the FDIC. For comparison, a 12-month Fixed Term CD at Bank of America onl...
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
Searches related to Does Bank of America offer certificate of deposit rates?
Find the interest rates and annual percentage yields (APYs) for CDs offered by Bank of America in your area. Select your ZIP code and view the PDF information for different types of CDs, such as Home Featured CD, Fixed Term CD and Flexible CD.
Aug 14, 2024 · Compare Bank of America's CD rates and terms with other banks' offerings. Find out how to open a CD account, what types of CDs are available and how to choose the best option for...
The minimum deposit required to open a Bank of America Advantage Plus Banking® account is $100. The minimum deposit required to open a Bank of America Advantage Relationship Banking® account is $100, and the Annual Percentage Yield (APY) is as follows: less than $50,000, 0.01%; $50,000 and over, 0.02%. APYs are accurate as of 5/21/2024.
Sep 5, 2024 · Many of Bank of America’s certificates of deposits offer unimpressive rates. BoA boasts an annual percentage yield (APY) as low as 0.03%. Yet there are exceptions: Yields on the Bank of...
