The minimum opening balance varies depending on the type of CD (Certificate of Deposit) account in Bank of America:

1.
Standard CD

Standard Term CDs offer a low minimum and the flexibility to choose

Amount Rate Annual Percentage Yield (APY)

Less than $10,000 0.03% - 0.15% 0.03% - 0.15%

$10,000 - $24,999 0.03% - 0.15% 0.03% - 0.15%

$25,000 - $49,999 0.03% - 0.15% 0.03% - 0.15%

$50,000 - $99,999 0.03% - 0.15% 0.03% - 0.15%

$100,000 - $499,999 0.03% - 0.15% 0.03% - 0.15%

$500,000 and over 0.03% - 0.15% 0.03% - 0.15%


Benefits
Safety and security
Expansive network of financial centers
Mobile Banking
Bank of America Preferred Rewards

2.
Featured CD
The Featured CD offers a fixed rate of return without a long-term commitment

Rates
Minimum Opening Deposit Term Annual Percentage Yield (APY)
$10,000 12 months 0.07%

Benefits
Safety and security
Expansive network of financial centers
Mobile Banking
Bank of America Preferred Rewards