Bank of America Standard Term CD Review
Bank of America Standard Term CD is offered by Bank of America,
founded in 1784 and based in Charlotte, NC.
Bank of America Standard Term CD is available in
50 states (and Washington, DC).
Bank of America Standard Term CD FAQ
Are cd accounts from Bank of America federally insured?
Yes, your Bank of America cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What types of CDs does Bank of America offer?
What APY does Bank of America offer on its CDs?
Bank of America Standard Term CD offers an APY starting at 0.03% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change).
What types of terms does Bank of America Standard Term CD offer?
Bank of America offers CD terms of the following lengths:
Bank of America Standard Term CD Rates & Terms
|APY (Annual Percentage Yield)
||0.03% - 0.10%
What is the minimum deposit to open a CD account with Bank of America?
Bank of America Standard Term CD requires a minimum initial deposit of $1,000 to open an account.
What types of early withdrawal penalties does Bank of America Standard Term CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
Bank of America does not charge an early withdrawal fee.
Bank of America Standard Term CD Fees
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website
may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking
on links posted on this website.
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.