Bank of America offers tiered interest rates, saving the highest rates for Preferred rewards members with a linked checking account and certain balances.
Interest rates for the 10- and 37-month CDs are low, while the seven- and 13-month terms earn the highest APYs Bank of America offers for CDs. Bank of America Featured CDAPY*$1,000 Deposit Value at Close of CD 7 months 4.05% $1,023.87 10 months 3.70% $1,031.26 13 months 3.00%...
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 ...
CD 4.00 % APY As of 12/7/2024 Rating: 4.5 stars out of 5 $0 Minimum deposit View offer Promoted offer:Get peace of mind with fixed rates and guaranteed returns. Overall Bank of America is the second-largest financial institution (based on assets) in the country. It’s a digital leader...
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 net interest income, which reflects how much money the bank makes from charging interest to customers, rose 25% to $14.4 billion in the quarter. The banking industry was rocked by the failures of two U.S. lenders in March. The collapses battered bank stocks and prompted...
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NEW YORK (AP) — Bank of America’s fourth-quarter profits rose by 39 percent on an adjusted basis, the bank said Wednesday, helped by last year’s steady rise in interest rates as well as a lower tax rate. The Charlotte-based banking giant said it earned $7.28 billion, or 70 cents...
Certificate of deposit rates: Search and compare the best bank CD rates and the best credit union CD rates. MonitorBankRates.com has CD interest rate tables for CD rates that include 3 month interest rates, 6 month interest rates, 12 month interest rates, 18 month interest rates, 24 month...
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...