Boa cd rate. Bank of America has a variety of CD terms at a somewhat low minimum opening requirement, but CD rates tend to be low. Earn more to grow your business with business certificates of deposit (CDs). See rates for different term options and open a Fixed Term CD account online today. Jun 11, 2025 · When compared to other traditional banks, Bank of America CD rates are fairly typical. However, keep in mind that if you shop around you may be able to find higher rates with some Bank of America certificate of deposit (CD) accounts stand out from other big bank CD offerings, with rates on some CDs reaching 3. 05% APY and 25-month CDs with 2% APY, and those terms are the ones worth looking into. When it comes to Bank of America Savings & CDs, WalletHub is your one stop solution. com Oct 8, 2025 · Opening a certificate of deposit (CD) allows you to lock in an attractive fixed rate and earn higher returns compared to traditional savings accounts, while providing guaranteed growth for a set Sep 15, 2025 · Bank of America CD rates depend on the term length, account type and promotional offers available. Jan 20, 2025 · Customer service for CDs is available from 8 a. Nov 4, 2024 · How Bank of America CDs compare Here’s how the Bank of America’s yields stand up to the national average rates as of April 21, 2025 according to the Federal Deposit Insurance Corp. ET Monday through Friday and from 8 a. . to 9 p. Find out today's CD, checking and savings account rates from Bank of America. With the current average APY for CDs being approximately 1. Learn how to open a CD online or at a financial center and get more details about CD benefits and risks. There are a few featured CD terms, such as a 7-month and 13-month CD with rates up to 4. 80%. Bank of America has fixed-term CDs, featured CDs, and flexible CDs with varied rates. 45% with a CD yield of 0. The APYs range from 3. Here’s what to expect when you open a CD with Bank of America. 00% APY, those rates are near the top of our CD rate tables for similar CD terms. 5 billion settlement with investors, is offering CD rates which are lower than the national average rates. See the pros and cons and decide if a Bank of America CD is right for you. Current 12 month (12 to 17 month) bank CD rates at Bank of America are 0. 05%, but most terms have dismal rates. Apr 21, 2023 · Bank of America is also offering a 10-month CD and a 37-month CD, both with pathetic low rates compared to the bank's other rates. to 8 p. Keep in mind that rates may vary slightly based on your Jan 8, 2025 · Bank of America CD rates are decent for a brick-and-mortar bank, but its rates are still lower than what you could find at online banks and credit unions. 35%. Oct 10, 2023 · Bank of America CD Rates: 5. You can also compare Bank of America savings rates, MMA rates and mortgage rates using our other rate lists. When the CD matures, you get back the principal amount plus any interest that has accrued. Jul 19, 2011 · Bank of America CD Rates Bank of America (NYSE: BAC), which just reported a $9. 7% to 4. Aug 15, 2025 · See the latest certificate of deposit rates and offers from Bank of America. Dec 30, 2024 · Bank of America CDs are flexible, with competitive rates in some terms Reviewed by Michael J Boyle Fact checked by Amanda Bellucco-Chatham FG Trade / Getty Images Bank of America certificate of deposit (CD) accounts stand out from other big bank CD offerings, with rates on some CDs reaching 4. Find out whether the fees and interest rates are better at online banks. See full list on forbes. However, keep in mind that if you shop around you may be able to find higher rates with some Dec 30, 2024 · Bank of America CDs are flexible, with competitive rates in some terms Reviewed by Michael J Boyle Fact checked by Amanda Bellucco-Chatham FG Trade / Getty Images Bank of America certificate of deposit (CD) accounts stand out from other big bank CD offerings, with rates on some CDs reaching 4. With a Fixed Term CD, you can choose the term that works best for you. Current 7-month and 13-month featured CD rates are at 5. Here’s a breakdown of the current rates based on CD term and type. Sep 22, 2025 · Bank of America offers two kinds of CD account types: featured CDs and fixed term CDs. SmartAsset's experts give a brief overview of each CD account, including their current rates, minimum balance and fees. Featured CDs offer a higher APY, but require a higher balance. How do CDs work? In exchange for depositing your money into a certificate of deposit (CD) for a fixed time period, the issuer agrees to pay you back at a predetermined interest rate. Bank of America pros and cons Pros: • Large bank with about 3,800 branches and 15,000 ATMs nationwide • Free overdraft protection • Special benefits, including preferential rates, for members of Preferred Rewards Take a look at Bank of America's CD rates and key features. 05% APY, why even offer CDs with a rate that low. Sep 10, 2025 · Learn more about how Bank of America certificates of deposit (CDs) work. m. The bank's CD rates will A Featured CD from Bank of America offers a steady return for a fixed term to maximize your savings. 85%, many of the Bank of America CD terms fail to deliver an above-average rate. Review Bank of America's annual percentage yields (APYs) for checking, savings, CD and IRA accounts specific to your area. See if opening up a CD account today is right for you. ET Saturday. 45%. Compare CD accounts with different terms, rates and features. 00% Top Rate for 7-Month or 13-Month Featured CD Bank of America is offering some surprisingly good CD rates for one of the largest banks around, which usually isn't the case. You can use our bank rate lists to compare CD rates for all CD terms, with Bank of America CD rates. 1 billion loss in the second quarter because of a $8. Most traditional banks don’t offer the best CD rates unless you are prepared to deposit large sums into your new CD. Fixed term CDs offer lower APYs but have a A Flexible CD from Bank of America offers competitive rates and waives the early withdrawal penalty after the first 6 days of the account term (or within the first 6 days following any partial withdrawal during the initial or any renewal term). Read Reviews, Compare Latest Offers, Ask Questions or Get Customer Service Info Rates and terms for BofA (Bank of America) Certificates of Deposit (CDs). Discover how Bank of America CD rates can impact your savings. The current 10-month CD rate and 37-month CD rate is 0. It’s the second-largest bank in the United States as of this writing. Feb 21, 2025 · Take a look at Bank of America's CD rates and key features. Keep in May 18, 2017 · Bank account interest rates increase your funds with a steady return. Learn more about our term options, rates, and fees. Review and compare small business CD account options. Jan 17, 2025 · Bank of America offers multiple CD types and terms to choose from. See how they compare with other banks. 3ai2izv7avbxldnu15ylibytmt8pk5eroluch7l7tqs6