Bank of America Savings Account Interest Rate Bank of America’s annual percentage yield (APY) on its savings account starts at0.01%. It is a low rate, no matter how you slice it – lower than other major banks and significantly below thebest high-yield savings accounts. ...
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 ...
Let’s consider the options. Bank of America’s interest rates on cash accounts tend to be lower than highest-available outside banks, so moving cash over to qualify may result in earning less interest on your cash deposits. Merrill Lynch advisory accounts also usually come with management fees...
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...
You can open a Bank of America account online or at a local branch whether you want a savings account, a checking account or a certificate of deposit.
Bank of America interest rates APY on balances 0.01%. How it compares The average national rate for savings accounts is 0.46% APY. Monthly fees $8, waived for the first six months. How to avoid monthly fees Maintain minimum daily balance of at least $500, or Link to a qualifying checking...
1/ Higher limits may apply for Bank of America Private Bank, Merrill or small business accounts. 2/ Transfers to a Bank of America checking or savings account made after the applicable cut-off time indicated above but by 11:59 p.m. on a business day in the State where your checking or...
1/ Higher limits may apply for Bank of America Private Bank, Merrill or small business accounts. 2/ Transfers to a Bank of America checking or savings account made after the applicable cut-off time indicated above but by 11:59 p.m. on a business day in the State where your checking or...
Other Ways to Find Your Bank of America Routing Number Use a CheckFor checking accounts, you can find the routing number in the lower left-hand corner of the checks corresponding with your checking account. It's the first 9 digits located at the bottom of the check. Go OnlineOn the Bank...
Bank of America saw interest income increase in the second quarter, along with gains from its investment banking unit.(REUTERS/Brian Snyder/File Photo / Reuters Photos) The company's stock surged 4.2% on Tuesday. "Bank of America's Q2 results continue to benefit from higher rates, but as ...