Refer to bankofamerica.com/savings for current rates. 8 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the ...
Refer to bankofamerica.com/savings for current rates. 8 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the ...
Set up and maintain automatic monthly payments from your Bank of America checking or savings account and receive a 0.25% interest rate discount(does not apply to Bill Pay service)Footnote[1]. Up to 1.50% For initial withdrawals Make an initial withdrawal when you open your account and receive...
Refer to bankofamerica.com/savings for current rates. Footnote 8 Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are enrolled or are eligible to enroll in Preferred Rewards, based on their rewards tier at the submittal of home equity application (for ...
Higher rates for fixed loans: While you don’t have to pay a fee to convert to a fixed-rate loan, your new interest rate will be slightly higher than your original variable rate. Home equity loan product options With a Bank of AmericaHELOC, you can borrow as little as $25,000 up to...
If you get a Bank of America HELOC, you won’t pay any application fee, closing costs or annual fees. There are also no fees if you choose to convert your HELOC to a fixed-rate loan. The only fee charged is an early termination fee of $450 if you close your account within three ...
Fixed-Rate Loan Option during loan term:You may convert all or a portion of your outstanding HELOC variable-rate balance to a Fixed-Rate Loan Option, resulting in fixed monthly payments at a fixed interest rate. The minimum outstanding balance that can be converted into a Fixed-Rate Loan Opti...
BofA added two brand-new tiers for those with $1 million+ (Diamond) and $10 million+ (Diamond) in qualifying assets.Here is an edited comparison table that includes the new Diamond and Diamond Honors benefits with the most potential value (mortgage and HELOC interest rate deductions). Of cou...
As a Preferred Rewards member, you’ll gain access to other benefits — including discounts on investment services, mortgage origination fees, HELOC and car loan interest rates, as well as no charge for select banking services. Maximizing the Bank of America Customized Cash Rewards card To get...
Interest rate booster on a Bank of America Advantage Savings account6 HOME EQUITY 0.625% Interest rate discount on a new home equity line of credit.7 AUTO LOAN 0.50% Interest rate discount for new loan applications submitted directly to Bank of America8 ...