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  #1  
February 6th, 2017, 01:11 PM
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High Yield CD Bank of America

Do you know what is minimum balance required to open Certificate of Deposit (CD) Accounts in Bank of America? If you know about term duration for Certificate of Deposit (CD) Accounts, so also tell me about term duration of this Account of Bank of America?
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  #2  
February 6th, 2017, 02:13 PM
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Join Date: Mar 2012
Re: High Yield CD Bank of America

The Bank of America offers Certificate of Deposit (CD) Accounts.

There are 2 types of Certificate of Deposit (CD) Accounts:
Featured CD Account
Standard Term CD Account

Featured CD Account
Fixed CD rate and a predictable return without a long-term commitment
0.07% annual percentage yield (APY) on all balancesFootnote1
12 month term
$10,000 minimum opening balance
Transaction limitations: No additional deposits until maturity

Standard Term CD Account
A low minimum deposit and the flexibility to save on your terms
0.03%–0.15% annual percentage yield (APY) depending on term and balanceFootnote2
28 day to 10 year terms available
$1,000 minimum opening balance
Transaction limitations: No additional deposits until maturity

Risk Free CD® Accounts
Rates
Minimum Opening Deposit $5,000
Term 9 months
Annual Percentage Yield (APY)Footnote2 0.01%

Fees
Annual Fee $0
Transfer Fees $0


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