Bank of America’s rates on CDs are typically lower than national averages, but the bank’s featured CD offers 4.05% APY for a seven-month term.
Who is a Bank of America Savings Account Best For? Since BofA isn’t the strongest bank in terms of interest, who is it right for? There are certain customers BofA’s Advantage Savings can benefit: Current customers: The only way to earn a worthwhile interest rate is to participate in Bo...
Bank of America certificate of deposit (CD) accounts stand out from other big bank CD offerings, with rates on some CDs reaching 4.35%.1However, keep in mind that if you shop around you may be able to find higher rates with some smaller banks, which offer some ofbest CD rates. Learn ...
Interest rates are fixed. If you open a Bank of America CD today, its APY will stay the same until the CD expires. This benefits you if you lock in a CD before rates start dropping, but on the flip side, you’ll earn less on a CD if rates keep rising. Be aware of two common ...
We appreciate your patience as we continue to collect rates information for Bank of America. Check back again soon. Compare more:Bankrate's best CD rates Bank fees FeesCharged? Overdraft fee$10 Non-sufficient funds feeN/A Account maintenance feesFees range from $4.95 to $25 ...
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 ...
37-month CD0.05%0.05% Bank of America Fixed CD rates Bank of America offers 120 fixed-term certificates of deposit between 28 days and 10 years. Your earnings depend on your term and CD account balance. CD termInterest rateAPY Between 28 days and 17 months0.03%–3.93%0.03%–4.0% ...
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Some of Bank of America’s CD specials are competitive, but if you want long term lengths with high APYs, you may want to go elsewhere
Bank of America’s rates are similar to those at other large banks, but are much lower than what many online institutions offer. (The best savings APYs are around 5% and higher.) Bank of America interest rates APY on balances 0.01%. How it compares The average national rate for savings ...