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  2. Find out how to grow your savings with a CD from Bank of America. Compare APY, term, penalty and deposit options for Featured, Fixed and Flexible CD accounts.

    • Featured CD

      Annual Percentage Yield (APY) is accurate as of 05/23/2024...

    • Fixed Term CD

      Today's APY of these Fixed Term CDs is 0.03%. Your rate will...

    • Flexible CD

      Annual Percentage Yield (APY) is accurate as of 05/23/2024...

    • 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...

    • 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
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    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 CDs on the market. This is an excellent reminder to sho...

    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.

    Compare Bank of America's Featured CDs with other banks and credit unions for the best rates and terms. Find out how to open a CD account online, by phone or in person with Bank of America.

    • Ben Gran
  3. May 2, 2024 · Find out the current CD rates for Bank of America, ranging from 28 days to 10 years, and compare them with other banks. Learn about the pros and cons of Bank of America CDs, such as low rates, low minimum deposit and automatic renewal.

  4. May 10, 2024 · Find out the current CD rates at Bank of America, ranging from 0.03% to 4.75% APY. Learn about the different types of CDs, how to open an account, and the pros and cons of choosing Bank of America.

  5. May 15, 2024 · Compare Bank of America's CD rates with other banks' offerings and find the best option for your savings goals. Learn about the features, terms and minimum deposits of Bank of America's CD accounts.

  6. Apr 30, 2024 · Compare Bank of America's CD rates for different terms and deposit amounts, from 0.05% to 4.75% APY. Learn about the pros and cons of Bank of America CDs, such as flexible terms, high minimums, and costly penalties.

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