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Certificate of Deposit (CD) Accounts

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Featured CD account

Fixed CD rate and a predictable return without a long-term commitment
  • Competitive interest rates
  • Multiple terms available
  • $10,000 minimum opening balance

Standard Term CD account

A low minimum deposit and the flexibility to save on your terms
  • XXXX%–XXXX% annual percentage yield (APY) depending on term and balance
  • 28 day to 10 year terms available
  • $XXXX minimum opening balance

Not sure? Compare CD layer accounts

Featured CD account

Standard Term CD account

Annual percentage yield (APY)
For Featured CD Account, See today's CD APY rates
For Standard Term CD Account, XXXXXXXX%
depending on term and balance
Term
For Featured CD Account, 13, 25 and 37 months
For Standard Term CD Account, 28 days–10 years
Minimum opening deposit
For Featured CD Account, $XXXX
For Standard Term CD Account, $XXXX
FDIC insured (up to applicable limits)
This feature is available for Featured CD Account
This feature is available for Standard Term CD Account
Automatic renewal
This feature is available for Featured CD Account
This feature is available for Standard Term CD Account
Transaction limitations
For Featured CD Account, No additional deposits until maturity
For Standard Term CD Account, No additional deposits until maturity

Penalty and Policies

Withdrawal penalty
For Featured CD Account, Early withdrawal penalty applies
For Standard Term CD Account, 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.

Other types of accounts

Savings Accounts

Looking for more flexible savings options?

IRAs

Looking for longer term savings options?

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Why choose Bank of America?

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Standard Term CD

To begin the application, first choose the length of time and the amount of deposit you'd like. Then select Display rate.

Display rate

  Standard Term CD (  )

Interest RateAPY
  

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Rates

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