the bank will charge a costly early withdrawal penalty. But with Bank of America's flexible no-penalty CD option, your money is more accessible. You cannot make a withdrawal for the first six days after account opening, but
Looking for a full range of investment choices? Open an IRA from Merrill and choose from a wide variety of stocks, bonds, ETFs, and well-known mutual funds. Learn more Speak to an associate for the most current CD and IRA Options: ...
Top business CD FAQs Expand all panels How can I open a Bank of America business CD account? What is the minimum opening balance for a business CD? Where can I find business CD rates? Does the bank charge a penalty for early withdrawal of my money? Additional Business Savings and...
An early withdrawal penalty will apply. Please see the Deposit Agreement and Disclosures for details. View a complete list of fees Why bank with us? Safety and security For 9 years in a row, Bank of America was recognized as having the Best Overall Identity Safety in Banking by Javelin Stra...
You can withdraw money without facing an early withdrawal penalty. Bank of America CDs vs. Other Accounts Bank of America Featured CD account Member FDIC 4.4 U.S. News Rating APY 2.75% Minimum Deposit $1,000 Term 13 Months Citi® Fixed Rate CD Member FDIC 4.6 U.S. News Rating APY ...
With both types of Bank of America CD's, your balances are FDIC-insured up to $250,000. Compare CD Rates High-Yield CD Rates -Up to 4.17% APY No fees $1 minimum deposit FDIC insured Learn More on Raisin's Secure Website 12-Month No-Penalty CD -4.00% APY ...
Offer no-penalty or bump-up CDs: No Rating: 0 stars out of 5 0/5 Offer IRA CDs: Yes Rating: 5 stars out of 5 5/5 Pros Customers can choose from a variety of different terms of CDs. Bank of America’s Flexible CD account earns a competitive yield. Some of the Featured CD ...
The article discusses Bank of America's Risk Free CD. It targets customers who want their money to earn a guaranteed rate of return, while having the flexibility to withdraw it without early-withdrawal penalty. The article states that the flexibility comes at a cost, with a lower annual ...
How to Open An Account With Bank of America Whether you choose a Bank of America CD, checking account or savings account, the process for opening an account will be very similar. You’ll need to complete an application either on the Bank of America website or at a local financial center...
The bank does charge an early withdrawal penalty if you close the CD before its maturity date. Penalties vary depending on the term of the CD. Bank of America CD Rates as of Sept. 23, 2024 Bank of America Featured CD Rates as of Sept. 23, 2024 ...