Bank of America offers tiered interest rates, saving the highest rates for Preferred rewards members with a linked checking account and certain balances.
How Bank of America savings accounts compare to top-yielding banks The tiered rates on the bank’s Advantage Savings account are based on how much money you park in the account: The higher your balance, the more interest you can earn. However, with 0.04 percent APY as the highest payout ...
Bank of America's Advantage Savings account earns a low 0.01% annual percentage yield, or APY. There are slightly better rates available for customers who are members of the bank’s Preferred Rewards program but those rates are still very low. Bank of America’s rates are similar to those ...
Message and data rates may apply. Bank of America Life Plan is a registered trademark of the Bank of America Corporation. Upon enrollment, we will round up your Mastercard® or Visa® debit card purchases to the nearest dollar and transfer the difference from your checkin...
For Bank of America Advantage Savings accounts opened on or after August 13, 2018, we will waive the monthly maintenance fee for six months from account opening. APYs listed may include multiple balance tiers shown as a single tier if an interest rate is the same across multiple tiers. The ...
Your Bank of America routing number is associated with the location of the bank where you opened your account. Even if you bank at another Bank of America branch, what matters is the bank where you opened your account. Here are the Bank of America routing numbers by state:[1] StateRouting...
You can open a Bank of America account online or at a local branch whether you want a savings account, a checking account or a certificate of deposit.
The article reports that Bank of America Corp. (BofA) is going to raise the interest rates in June 2009, for customers who carry a balance on credit cards with rates less than 10%. The spokesperson for BofA says that the increase in rates reflects present economic conditions where cost of...
Interest Rate Bank of America Money Market Rates With the Growth Money Market Savings account, interest is compounded daily and credited monthly. Growth Money Market Savings Standard with Rate Bonus† Rate APY* Rate APY Less than $5,000 0.08% 0.08% 0.13% 0.13% ...
Advantage Savings: Open this account with $100 and you'll have access to tiered interest rates. You can earn higher interest rates if you are a member of Bank of America Preferred Rewards®. You can waive the monthly maintenance fee each statement cycle with a daily balance of at least ...