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Certificates of deposit (CDs). Combine security with higher returns on your money.

What is a CD?

CDs are one of the highest-yielding Bank of America FDIC-insured investments. They offer a guaranteed return, but limit your access to your balance until the CD matures. They're ideal for businesses that are looking for a guaranteed return and don't require liquidity.

Features and benefits

Balances are FDIC insured to the maximum allowed by law.
Choose flexible terms from 7 days to 10 years.
Earn stable, secure returns on your investment.
Generally the more you invest, the higher the interest rate.
CDs automatically renew.
Usually, the longer the term the higher the yield.

Certificates of Deposit choices

Investment Terms	Key benefit	Interest calculation	Minimum to open
7 to 27 days	You can access to your funds in the short term.	Compounded daily and paid at maturity.	$15,000
28 days to 10 years	You generally receive higher interest rates for longer terms and higher balances.	Compounded and paid monthly. You can withdraw interest monthly without penalty.	$1,000




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Certificates of deposit (CDs). Combine security with higher returns on your money.

What is a CD?

Features and benefits

Certificates of Deposit choices

Check interest rates by selecting a term or investment amount.