Learn more about what a deposit is. Is there a typical minimum balance for CDs? Certificates of deposit have a typical minimum balance, or minimum deposit, of $1,000, though the minimum ultimately depends on the bank. Standard CD minimums can range widely, such as from $0 to $10,000,...
Minimum balance $1,000 minimum deposit Monthly fee None Early withdrawal penalty fee Early withdrawal penalty may apply. For CD term of 17 months or less, penalty is number of days the certificate is open, up to 90 days; for CD term of 18 to 23 months, penalty is number of days the ...
Minimum balance $1,000 minimum deposit Monthly fee None Early withdrawal penalty fee Early withdrawal penalty may apply. For CD term of 17 months or less, penalty is number of days the certificate is open, up to 90 days; for CD term of 18 to 23 months, penalty is number of days the ...
The No Penalty CD is a one-year term CD option that allows you to withdraw the full balance before the end of the term. Withdrawals from the No Penalty CD must be made no earlier than seven days after the $500 minimum deposit is made into the account, and partial withdrawals are not ...
A certificate of deposit typically earns higher interest than a traditional savings account. View Bank of America CD rates and account options.
Thejumbo CDs(requiring a minimum deposit of $50,000 or $100,000) typically pay more, but not always. Which CD Term Should I Choose? You'll need to determine the CD term that is right for you. Consider your plans for the money. If it’s for a specific goal or project, the expecte...
Annual Percentage Yield (APY) is accurate as ofXX/XX/XXXXand applies to the initial term of a new Featured CD. The minimum balance required to open a Featured CD is. We may limit the amount you deposit in one or more Featured CDs to a total of $1,000,000 ($250,000 for CDs opene...
Explore bonuses at your current bank: Some banks will offer you higher CD rates if you open a savings account with them when you open a CD. Keep in mind, though, that you may have to meet a savings account minimum balance requirement or opt for a specific CD term to get the bonus...
Minimum balance required. Some high-yield savings accounts require a minimum balance before you can earn the highest APY available. Read the fine print to know the amount you must maintain in your account to qualify for the highest rate. Online only. Part of the reason high-yield savings acco...
Early withdrawals subject to penalty** $5,000 minimum deposit to open *An early withdrawal penalty may be assessed. A withdrawal will reduce earnings. **An early withdrawal penalty may be assessed (not including the one-time withdrawal of 50% of original balance allowed). Inquire NowBusiness...