Here’s a closer look at the rates offered by Bank of America’s savings accounts. The rates are for those living in the New York tri-state area and could vary by state. Account nameInterest rateAPYMinimum deposit Advantage Savings 0.01% 0.01% $100 Advantage Savings, Gold 0.02% 0.02% $...
For Bank of America Advantage Savings accounts opened on or after August 13, 2018, we will waive the monthly maintenance fee for six months from account opening. APYs listed may include multiple balance tiers shown as a single tier if an interest rate is the same across multiple tiers. The ...
Bank of America Show/HideMenurelated links Bank Account Interest Rates and APYs Consumer & Small Business Interest Rates SelectView PDFto access checking, savings, CD and IRA account rates and APYs specific to your area. View PDFConsumer & Business Online Rates ...
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Bank of America0.01%$100Read review Interest rates for linked checking and savings Linking yoursavings accountwith achecking accountis one way to earn a higher yield at some banks. Sometimes calledrelationship rates, it’s more common for brick-and-mortar banks to offer them. ...
A bank will pay you for the money you keep with it – this is called the interest rate. Banks express interest rates as annual percentage yields – the percent your money will grow after one year. One benefit of a savings account is the interest compounds, which means it is calculated ...
When comparing accounts, look at the interest rate, fees, minimum deposits and other features offered. Use this chart to find the best interest rates for your needs: Featured Rates How to Open an Online Savings Account Opening a savings account online is easy. Visit the bank’s website and...
Next, you'll want to make note of the interest rate. The higher, the better! Lastly, you'll want to consider convenience. If you want a high-yield savings account, you will likely end up with an online-only account. If you already have accounts with an online bank, perhaps start ther...
Online Savings Account Remove Bank Chase Chase Savings Remove Bank PNC Bank Standard Savings Remove Bank Bank of America Advantage Savings Annual percentage yield 3.75% 0.01% 0.01% 0.01% % % % % % % Interest compounded/paid Daily/MonthlyMonthly/MonthlyMonthly/MonthlyMonthly/Monthly ...
Bank of America has different offerings for different customer populations. Their basic savings account is a no-frills account that offers a competitive interest rate and allows for up to six withdrawals per month. It also offers special savings accounts for students, seniors, and military members....