Bank of America Money Market Account Review

Bank of America Money Market Account is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Money Market Account is offered in 50 states (and Washington, DC).

Are money market accounts from Bank of America federally insured?

Yes, your Bank of America money market 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 are the Bank of America Money Market Account rates?

Bank of America Money Market Account offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

What are the Bank of America Money Market Account fees?

Bank of America Money Market Account does not charge a monthly maintenance fee.

What is the minimum balance for Bank of America Money Market Account?

No minimum initial deposit. Bank of America does not require a minimum initial deposit to open an account.

What features and perks does Bank of America Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Bank of America

• Visit the Bank of America website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.