Bank of America CD Rates
Looking at current Bank of America CD rates, we here at High CD Rates Info thought we should tell you about the latest certificate of deposit rates to be had. Since Bank of America is definitely one of the largest banks in the United States, they’re definitely worth looking at for certificate of deposit rates.
Right now, CD rates at Bank of America are found on two CDs: the High Yield and the Risk Free. All certificate of deposit rates are, of course, different by area and change regularly, so check the current Bank of America CD rates at your local branch or online before purchasing. The numbers shown here are online rates, which are generally the same nationally. CD rates at Bank of America in your area may be higher.
The High Yield Bank of America CD rates require a $5,000 minimum deposit at a starting 2.5% annual percentage yield (APY), locked. This is a 1 year (12 month) term and all balances over the minimum have the same yield.
The Risk Free Bank of America CD rates are at a lower APY, but have a more interesting and compelling set of account parameters that is worth mentioning. The $5,000 minimum has a 2.0% APY right now, but these accounts allow for funds withdrawals without penalty before the term is up. Terms are 9 months at current CD rates at Bank of America.
We thought you’d want to take a look at these Bank of America CD rates and see what they have to offer you. Definitely worth the trouble. Bank of America is, of course, FDIC insured to the extent of the law. So check out Bank of America CD rates and see if they fit your needs.