Bank of America offers CDs with a wide range of terms and just a $1,000 minimum opening deposit. Some of these options provide higher interest rates than you’d typically see with online savings accounts. Key Takeaways The highest Bank of America CD rate is a 4.05% APY, which is for ...
Bank of America offers a lot of financial accounts and services, including checking and savings, credit cards, mortgages, auto loans and self-directed investing. CD details Deposit amount APY CD term length months Months Years Results Total interest earned $0.00 Total balance $0.00 Interest earned...
Yes, Bank of America chargesearly withdrawal penaltiesfor some of its CDs. The total penalty you’ll incur will depend on your overall CD term. CDs with longer terms may have larger early withdrawal penalties—in some cases, you may forfeit one year’s worth of interest on the total amount...
Rate verified as of Nov. 15, 2024 Newtek Bank – 4.55% APY Term (months):12 Minimum deposit:$2,500 Early withdrawal penalty:6 months of interest Overview:Newtek Bank is a subsidiary of Newtek One (NASDAQ: NEWT), a financial company that dates back to 2000. Newtek Bank is headquartered ...
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: 7-month CD 4.80% APY.* NASA Federal Credit Union: 9-month Certificate 5.20% APY. Bask Bank: 9-month CD 5.00% APY. Synchrony Bank: 9-month CD 5.15% APY. Connexus Credit Union: 10-month Certificate 5.15% APY. LendingClub: 10-month CD 5.20% APY. NBKC Bank: 11-mont...
11 months or less: You'll be charged 90 days interest 12 months or more: You'll be charged 180 days interest [ Return to account summary ] First National Bank of America FNBA offers a high 4.50% APY on its five-year CD with a minimum $1,000 deposit. If you want an even longer ...
America First Credit Union — 4.25% APY SchoolsFirst Federal Credit Union — 4.25% APY Popular Direct — 4.25% APY Synchrony Bank — 4.00% APY TAB Bank — 3.87% APY See additional best 5-year CD rates. Note: Annual percentage yields (APYs) shown are as of Dec. 12. Bankrate’s editoria...
Bank of America 1-month CD APY0.03% Minimum Deposit$1,000 Early withdrawal penaltyThe greater of all interest earned or seven days’ interest on the amount withdrawn About Headquartered in Charlotte, North Carolina, Bank of America (NYSE: BAC) has 69 million clients in more than 35 countries...
most only earn minimal yields. Other deposit accounts Bank of America offers include its Advantage Savings, which earns a minimal APY that’s below the national average. Checking account options include a noninterest-bearing account as well as one that earns interest. Bank of America doesn’t of...