Bank of America Current CDs

Bank of America's featured CDs don't have the greatest rates.

BofA is  paying 0.60% for 12-month CDs opened online with a $10,000 minimum deposit. The rate if you walk into one of Bank of America’s brick and mortar is 0.45% APY.

The only other above-average CD rates at Bank of America:

  • 3-month CD rate is 0.28% APY versus an average rate of 0.20% APY.
  • 60-month CD rate is 2.01% APY versus an average rate of 1.72% APY.

If you look closely at one of the big banks, you can almost always find a decent rate or two. However you'll never usually find a rate thats comparable to the best online CD rates.

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