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17th January 2017, 08:21 AM
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Join Date: Aug 2012
Re: 1 Yr CD Bank of America

The rate of interest and some other details for 1 Year Certificate of Deposit (CD) Accounts as announced by Bank of America for its customers are as follows:

Featured CD Account
Fixed CD rate and a predictable return without a long-term commitment
• 0.07% annual percentage yield (APY) on all balances
• 12 month term
• $10,000 minimum opening balance


Minimum to open: $10,000 CDs/$2,000 IRAs

States, cities, counties and other public agencies are not eligible for this type of account and should contact their banking representative to discuss alternatives.

Variable Rate Products for Business Customers

Business Interest Maximizer

Rate % APY %
Less than $10,000 0.02 0.02
$10,000 - $24,999 0.02 0.02
$25,000 - $49,999 0.02 0.02
$50,000 - $99,999 0.03 0.03
$100,000 - $249,999 0.03 0.03
$250,000 - $499,999 0.03 0.03
$500,000 - $2,499,999 0.04 0.04
$2,500,000 and over 0.04 0.04

States, cities, counties and other public agencies are not eligible for this type of account and should contact their banking representative to discuss alternatives.

Business Investment Account

Rate % APY %
Less than $10,000 0.02 0.02
$10,000 - $24,999 0.02 0.02
$25,000 - $49,999 0.02 0.02
$50,000 - $99,999 0.02 0.02
$100,000 - $249,999 0.02 0.02
$250,000 - $499,999 0.02 0.02
$500,000 - $999,999 0.02 0.02
$1,000,000 and over 0.02 0.02

Business Interest Checking

Rate % APY %
Less than $50,000 0.01 0.01
$50,000 - $99,999 0.01 0.01
$100,000 and over 0.01 0.01


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