
Bank of America Minor Savings Account
in Savings Accounts from Bank of America · Member fdic
UnaffiliatedBank of America Minor Savings Account
in Savings Accounts from Bank of America · Member FDIC
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Monthly Fee | $0 |
APY (Annual Percentage Yield) | 0.01% - 0.02% |
APY Minimum Balance | $0.01 |
Bank of America Minor Savings Account Review
Bank of America Minor Savings Account is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Minor Savings Account is available in 50 states (and Washington, DC).
Are savings accounts from Bank of America federally insured?
Yes, your Bank of America savings 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.
Does Bank of America offer a signup bonus?
Bank of America Minor Savings Account doesn't offer a signup bonus.
What is the minimum balance for Bank of America Minor Savings Account?
The minimum balance to open a Bank of America Minor Savings Account is $25.Description | |
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APY Minimum Balance | $0.01 |
Minimum Opening Deposit | Starting at $25 |
Minimum Required Balance | $0 |
What APY does Bank of America offer?
Bank of America Minor Savings Account offers an APY starting at 0.01% and ranging up to 0.02% (APY stands for annual percentage yield, rates may change).
What features and perks does Bank of America Minor Savings Account offer?
This account includes the following features.
Description | |
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Bank Account Features |
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What fees does Bank of America Minor Savings Account charge?
Bank of America Minor Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.
- Outgoing domestic bank transfers come with a $30 fee.
- Incoming domestic bank transfers come with a $15 fee.
- Outoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
- Incoming international bank transfers come with a $16 fee.
- Bank of America Minor Savings Account charges $5 every time you request a paper statement.
Contact
- Headquarters
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100 North Tryon Street
Charlotte, NC 28255 - Visit Site
Other Services by Bank of America

Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
APY Minimum Balance | $0.01 |
Minimum Opening Deposit | Starting at $25 |
Minimum Required Balance | $0 |
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