But are Bank of America’s savings account interest rates competitive? And how do the bank’s rates compare against national averages? Bank of America’s interest rates vary by ZIP code.

The best high yield saving accounts are currently earning an annual percentage yield (APY) of 5% or more. Our list of ...

These are the 10 high-yield savings accounts with the best rates for June 2025. All accounts in this ranking are insured by ...

Generally low rates. Most of Bank of America’s CDs don’t come close to matching the rates on high-yield CDs or savings accounts available elsewhere. Compare with NerdWallet's list of the best ...

Bank of America's base savings rate is just 0.01%. High-yield savings accounts from our partners are paying as much as 4.40% APY. Switching could earn you hundreds of dollars more a year in interest.

See how we rate banking products to write unbiased product reviews. Business Insider's personal finance team has compared Bank of America savings accounts to the best high-yield savings accounts ...

A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...

Rates were found using the ZIP code ... you have another savings option. The Bank of America Advantage Savings account requires a $100 minimum deposit, which isn’t onerous, but the fact that ...

But don’t expect to maximize your long-term interest growth with most savings accounts at Bank of America. Its featured CDs offer a few opportunities to lock in competitive rates, but its ...

It’s possible to earn up to 0.04% APY on savings accounts, but the amount you need to have deposited with Bank of America to earn that rate is incredibly high. Alternative places to park your ...

Bank of America's savings accounts have APYs ranging from 0.01% to 0.04%. The national average APY is 0.41%, and many high-yield savings accounts pay 4.00% or more. Opening a new savings account ...

MarketWatch Guides may receive compensation from companies that appear on this page. The compensation may impact how, where and in what order products appear, but it does not influence the ...