Search results
Dec 5, 2023 · Annual percentage yield (APY)* The percentage that indicates how much interest a bank account earns in one year. Compounding. Interest you earn is added to your balance. And that interest...
Schedule an appointment. 844.375.7027. Annual Percentage Yield (APY) is accurate as of 03/27/2024 and applies to the initial term of a new Featured CD. We may limit the amount you deposit in one or more Featured CDs to a total of $1,000,000 ($250,000 for CDs opened through bankofamerica.com).
People also ask
What are Bank of America CD rates?
What is the minimum deposit for a bank of America CD?
How long does a bank of America Certificate of deposit last?
What are fixed term CD rates at Bank of America?
2 days ago · Bank of America Fixed Term Certificates of Deposit have a minimum deposit of $1,000 and offer APYs ranging from 0.03% to 4.00% depending on term and balance. Another option is the...
- Ben Gran
- What is the current CD rate for Bank of America?Bank of America CD rates depend on the type of CD, term and the amount of money deposited. Rates range from 0.05% to 5.00% APY for the Featured CDs...
- What are some alternatives to saving with CDs?If you want a safe place to keep your savings, one option is a savings account. Savings accounts are FDIC-insured, but these demand deposit account...
- Do all CDs charge an early withdrawal penalty?It depends on the type of CD and financial institution. Some banks offer no-penalty CDs, which are a type of CD that doesn’t charge an early withdr...
- What is a CD ladder strategy?A CD ladder is a savings strategy to help maximize your yield—and provide more liquidity—by opening multiple CDs with different terms and maturity...
Calculate certificate of deposit return, interest, and growth with this Advanced certificate of deposit calculator with contributions (e.g. monthly deposits), inflation adjustment, and tax on interest. Calculate the CD rate, CD interest, and capital growth. Free CD calculator online.
Apr 9, 2024 · The top six-month CD is yielding around 5.30% APY as of Apr. 15, 2024. Bank of America’s six-month CD – and most of its standard term CDs – are yielding well below the national average....
Jan 22, 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...
Click on the 'Calculate' button to see the results. Certificate of Deposit (CD) Calculator. Deposit Amount ( $ ): Interest Rate (%): Compounding Frequency: Length of CD (months): Currency: Annual Percentage Yield (APY, %): Results. Summary. End Balance: $10,777.16. Total Interest Earned: $777.16. Total Principal: $10,000.00.
