Bank of America Money Market Account

Unaffiliated

in Money Market Accounts from Bank of America · Member FDIC

Net Recommendation Score -100

0 users recommend

0 users are unsure

1 user doesn't recommend

Browse Reviews: 0 Recommendations | 1 Complaints

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Highlights
Community Rating	Rating not yet determined
APY (Annual Percentage Yield)	Starting at 0.01%
APY Minimum Balance	N/A
Minimum Opening Deposit	N/A

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 available in 50 states (and Washington, DC).

Key Takeaways

No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.

Pros & Cons of Bank of America Money Market Account

Pros	Cons
Available in all 50 states. Does not offer mobile check deposits.	No signup bonus. Does not provide a debit card. Not FDIC-insured.

Bank of America Money Market Account FAQ

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 interest rates for 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).

Bank of America money market account Rates and Terms
Rates	Amount
APY (Annualized Percentage Yield)	0.01%

What are the fees for Bank of America Money Market Account?

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

Bank of America Money Market Account Fees
Fees	Amount
Monthly Fee	$12
Paper Statement Fee	N/A

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.

What is the support contact email?

The support contact email for this business credit card is customerservicealert@bankofamerica.com.

How do people rate the customer service and user experience?

Overall, this business credit card is strongly not recommended based on community reviews that rate customer service and user experience.

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.

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Message From Bank of America

At Bank of America, we ask this question every day of all those we serve. It is at the core of how we live our values, deliver our purpose and achieve responsible growth. By asking this question, we continue to learn what matters most to our clients, our employees and our shareholders. It helps us start a conversation centered on our commitment to use our capabilities to help those we serve be successful. Because we recognize that we can only be successful when the individuals, companies, communities and employees we serve are able to reach their vision of success.