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Certificate of Deposit (CD) Accounts

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Featured CD account

Lock in a higher rate with a larger opening deposit
  • Multiple term options available
  • Competitive, promotional interest rates
  • $XXXX minimum opening deposit

Standard Term CD account

Set your own term with a smaller opening deposit
  • 28 day to 10 year terms available
  • Rates vary based on balance/term
  • $XXXX minimum opening deposit

Compare CD options

Featured CD account

Standard Term CD account

Minimum opening deposit
$XXXX
$XXXX
Term
Choose from multiple options:
XXXX to XXXX
See available terms and rates layer
Choose any term:
XXXX to XXXX
See available terms and rates layer
Annual percentage yield (APY)
XXXXXXXX%
depending on balance and term
XXXXXXXX%
depending on balance and term
Additional deposits allowed?
No additional deposits until maturity
No additional deposits until maturity
Early withdrawal penalty?
Early withdrawal penalty applies
Early withdrawal penalty applies

What is a CD (Certificate of Deposit)?

A CD (certificate of deposit) is a type of deposit account that’s payable at the end of a specified amount of time (referred to as the term). CDs generally pay a fixed rate of interest and can offer a higher interest rate than other types of deposit accounts, depending on the market. These accounts typically provide security for longer-term savings and no monthly fees, but at the cost of access and liquidity of the funds.

What you'll get with any CD account

Locked rates
Once you've chosen a term and made your deposit, your rate is fixed for the length of your term. Early withdrawal penalty applies.
FDIC insurance
FDIC insurance up to the applicable limits.
Learn more about FDIC insurance
Automatic renewals
We’ll automatically reinvest your funds at the end of the term. You’ll get a maturity notice beforehand in case you'd rather redeem your CD.

Interested in CD laddering?

Let us help you build a custom CD ladder

Schedule an appointment

Other savings accounts available

Everyday savings

A more flexible account with faster access to cash

Retirement planning

Consider an IRA to help maximize your returns

Why choose Bank of America?

Why choose Bank of America?

Financial network

Get unlimited access to our network of financial centers. Our specialists are ready to help.

Bank of America
Preferred Rewards

Get more rewards with your everyday banking

Merrill Edge

Looking for a full range of investment choices?

Great!Terms available for Standard Term CDFeatured CD:Standard Term CDFeatured CD

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Before we open your Standard Term CDFeatured CD, choose your:

Terms available for Standard Term CDFeatured CD:

For deposits over $250,000, visit a financial center to open your account.

Standard Term CDFeatured CD ( )

AmountInterest RateAPYAnnual Percentage Yield (APY)

Open now Explore more Featured CD rates

Open now Explore more Standard Term CD rates

For deposits over $250,000, visit a financial center to open your account.

AmountInterest RateAPYAnnual Percentage Yield (APY)

Rates

Choose the desired term, then the deposit amount to see rate options.

For deposits over $250,000, visit a financial center to open your account.

AmountInterest RateAPYAnnual Percentage Yield (APY)
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