
Bank of America Rewards Savings Account
in Savings Accounts from Bank of America · Member fdic
UnaffiliatedBank of America Rewards Savings Account
in Savings Accounts from Bank of America · Member FDIC
Would you recommend Bank of America Rewards Savings Account to your friends?
Community Rating | Mostly recommended |
Monthly Fee | $0 - $8 |
APY (Annual Percentage Yield) | 0.01% - 0.05% |
APY Minimum Balance | N/A |
Number of Reviews | 5 |
Bank of America Rewards Savings Account Review
Bank of America Rewards Savings Account is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Rewards 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 Rewards Savings Account doesn't offer a signup bonus.
What is the minimum balance for Bank of America Rewards Savings Account?
The minimum balance to open a Bank of America Rewards Savings Account is $100.Description | |
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Minimum Balance to Avoid Monthly Fee | $500 |
Minimum Initial Deposit | $100 |
What APY does Bank of America offer?
Bank of America Rewards Savings Account offers an APY starting at 0.01% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change).
What features and perks does Bank of America Rewards 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 Rewards Savings Account charge?
Bank of America Rewards Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.
However, you can waive the monthly fee if you have a minimum daily balance of $500.
- 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 Rewards Savings Account charges $5 every time you request a paper statement.
Contact
- Headquarters
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100 North Tryon Street
#170
Charlotte, NC 28255 - Visit Site
Other Services by Bank of America

Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Minimum Balance to Avoid Monthly Fee | $500 |
Minimum Initial Deposit | $100 |
Bank of America Rewards Savings Account Community Reviews
Would you recommend Bank of America Rewards Savings Account to your friends?
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