Best High-Yield Savings Accounts for 2025 If growing your savings is your key motive for opening an account, then a high-interest savings account is what you’re looking for. We analyzed savings accounts from the top traditional banks, online banks, and credit unions to identify the ones that...
If you’re looking for high rates, compare Bank of America’s savings option with those at online banks: Bank of America Advantage Savings Member FDIC Marcus by Goldman Sachs Online Savings Account Member FDIC American Express® High Yield Savings Account Member FDIC NerdWallet rating NerdWallet...
Does Bank of America Have a High Yield Savings Bank of America offers various banking products and services. But does it have a high-yield savings account? Find out here. Bank of America Problems Bank of America may be one of the biggest banks, but many customers find a lot of issues wi...
No high-yield savings account options:The lack of ahigh-yield savings accountleaves customers without an option to earn competitive interest rates. ATM fees not waived or reimbursed:With 15,000 ATMs, most customers can find one nearby. However, if you use another ATM, Bank of America will ch...
The Bank of America Advantage Savings account suits everyday savings needs when you don’t need the return a high-yield savings account provides. Its standard APY is 0.01%, but it can earn between 0.02% and 0.04% depending on your tier as a Preferred Rewards member. You must deposit at ...
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Bank of America’s Flexible CD account earns a competitive yield. Some of the Featured CD terms offer solid APYs. Cons Bank of America CDs have a much lower yield than the national average. You’ll need at least $1,000 to open a CD at Bank of America. Rate history for Bank of Ame...
1 CloudBank 24/7 High Yield Savings Account Member FDIC APY 4.57% Min. Balance to Earn APY $0 2 Live Oak Bank 1-Year Personal CD Member FDIC APY 4.30% Minimum Deposit $2,500 Term 12 Months Learn MoreFrom Our Partner 3 Western Alliance Bank High Yield CD Member FDIC A...
High-yield savings accounts atAlly BankandCapital Oneoffer much higher rates. Bankrate’s list of institutions offering the highest yields can help you find thebest savings account rates. Bank of America imposes an $8 monthly maintenance fee on its savings accounts. Although it is possible to wa...
Does Bank of America offer a high-yield savings account? No, the bank’s savings account does not have a competitive savings rate. See how Bank of America’s savings rate compares. Which is better: Bank of America or Chase? Both are national banks with large networks of branches and ATMs...