Rates are for opening deposits of less than $10,000. Annual Percentage Yield (APY) is accurate as of January 29, 2025. Learn More Minimum Deposit to Open: $1,000 Bank of America Advantage Savings - Preferred Rewards Account BalanceGold APYPlatinum APYPlatinum Honors APYDiamond and Diamond Hon...
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Bank of America is the epitome of a big bank, with branches stretching across the country, in all but a handful of states, and it offers all of the services you'd expect from a bank. Checking and savings accounts carry maintenance fees, but deposit minimums to avoid the fees aren't on...
CHARLOTTE, N.C. (AP) — Bank of America’s fourth-quarter profits fell 18% from a year ago, as lower interest rates weighed down its results. However the bank was able to release more than $800 million from its credit reserves, a sign that it sees the U.
Pick from the best online banks that are ranked at the top for having the top-rated checking and savings accounts with low fees and high interest rates.
Bank of America 0.03% TD Bank 0.05% Citizens Bank 0.01% KeyBank 0.01% Truist 0.01% Citibank 0.04% Wells Fargo 0.01% PNC Bank 0.01% U.S. Bank 0.01% Average 0.02% Teaser rates You might be willing to pay the occasional fee if you have a big chunk of change in your savings account,...
Bank of America reduced overdraft fees to $10. While yields are generally low, some of the bank’s certificate of deposit (CD) offerings come with high APYs. Cons Fees are avoidable but could easily rack up for customers who can’t meet certain requirements. Savings and CD yields are gen...
However, on the feature front, Bank of America edges out Capital One with some great finance management tools like cash flow and credit card monitoring. Although, if you’re looking for a high-yield savings account, you won’t find it with Bank of America. Capital One has a high-yield ...
High-yield CDs: There are many nationwide providers of CDs, and although some of Bank of America’s rates are decent, you can likely find better. There are many online banks and credit unions offering excellent APYs for a wide variety of terms, giving you more investing flexibility; browse ...
No high-yield savings account options:The lack of ahigh-yield savings accountleaves customers without an option to earn competitive interest rates. ATM fees not waived or reimbursed:With 15,000 ATMs, most customers can find one nearby. However, if you use another ATM, Bank of America will ch...