A Bank of America Opt-Up® CD gives you the option to take advantage of rising interest rates.
Who it's for (Opt Up CD)
- You want the best features of traditional CDs with a new way to take advantage of rising rates.
Standard Opt Up® CD account features
- 18-month term opened in any amount from $10,000 up to $250,000
- Get the typically higher rate of a long-term CD
- FDIC insured to the maximum amount allowed by law
Flexible Opt Up CD account options
- Option to increase your rate one time after six months, if interest rates rise during the term of the CD, with no fee or term extension*
- If rates rise, you can increase your rate between your opening rate and the then-current rate offered by Bank of America on a new Opt-Up® CD*
Questions? Visit our CD FAQ page
It's easy to apply online for a Bank of America Opt-Up® CD
Footnote*Annual Percentage Yield (APY) is accurate as of
11/22/2009
. These rates may change at any time without prior notice. Fees could reduce earnings on the account. A penalty is imposed for early withdrawal. The minimum opening balance is $10,000 (maximum $250,000 for CDs opened through bankofamerica.com). Opt-Up CDs have an 18-month term.
Your interest rate and APY may change. If rates rise, contact us anytime after your CD has been open for at least six months to request your one-time increase. New rate applies only to the remaining term of your CD. All other terms and conditions, including penalties for early withdrawal, remain the same. See our Deposit Agreement and Personal Schedule of Fees for more information.
For example, if your opening interest rate was 3.00%, after six months, if a new Opt-Up CD is offered at 3.50%, your rate could increase to 3.50% for the remainder of the term. These rates are for illustrative purposes only and not indicative of actual rates. See our current rate table or contact us for the latest rates.
It's easy to apply online for a Bank of America Opt-Up® CD
Opt-UP® CD Interest Rates
|
Opt-Up
|
Interest Rate
|
APY
*
|
| Standard |
1.24% |
1.25% |
Questions? Visit our CD FAQ page
Footnote*Annual Percentage Yield (APY) is accurate as of
11/22/2009
. These rates may change at any time without prior notice. Fees could reduce earnings on the account. A penalty is imposed for early withdrawal. The minimum opening balance is $10,000 (maximum $250,000 for CDs opened through bankofamerica.com). Opt-Up CDs have an 18-month term.
Your interest rate and APY may change. If rates rise, contact us anytime after your CD has been open for at least six months to request your one-time increase. New rate applies only to the remaining term of your CD. All other terms and conditions, including penalties for early withdrawal, remain the same. See our Deposit Agreement and Personal Schedule of Fees for more information.
For example, if your opening interest rate was 3.00%, after six months, if a new Opt-Up CD is offered at 3.50%, your rate could increase to 3.50% for the remainder of the term. These rates are for illustrative purposes only and not indicative of actual rates. See our current rate table or contact us for the latest rates.
Online Banking
View the Online Banking demo
Enroll in Online Banking
Questions? Visit our CD FAQ page
ATMs & Banking Centers
- No fee access to more than 5,800 Banking Centers coast-to-coast
- No fee access to more than 16,700 ATMs nationwide
- No fee access to more than 30,000 Global ATM Alliance ATMs around the world
