but Bank of America's penalties are on the higher end of the industry norm. Aside from the no-penalty CD, depending on the type of account and term, the penalty ranges from 7 to 365 days of interest.10
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 CD Rates 2024: Mostly Low APYs Bank of America’s CDs have a wide range of terms but low rates.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an act...
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: ...
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...
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...
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 ...
Bank of America offers this flexible 12-month CD term that renews as a 9-month CD term upon maturity. You'll earn 3.54% interest and 3.60% APY on the funds you set aside. Also, there's no early withdrawal penalty except for withdrawals made within the first six days. ...
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...