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Flexible CD

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Confirm CD term and amount

To open this account, choose your CD term and amount in the Rates section then select Display rates.

Go to Rates section

Why choose a Flexible CD from Bank of America?

Early withdrawal penalty applies. See details below.

Automatic renewals

You'll get a maturity notice beforehand in case you'd rather redeem your CD.adatext

Guaranteed funds

With a minimum $1,000 deposit, you can earn a fixed rate for the length of your term. Deposits are insured by the FDIC up to $250,000 per depositor. Learn more about FDIC insurance

Flexible withdrawals

Full balance and interest can be withdrawn prior to maturity. A penalty of 7 days interest will be imposed for early withdrawals within the first 6 days of the account term (or within the first 6 days following any partial withdrawal during the initial or any renewal term). If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal.

Rates

Rates , open

Flexible CDTerms available for Flexible CD:Flexible CD

Flexible CD

Before we open your Flexible CD, choose your:

Terms available for Flexible CD:

Flexible CD ( )

AmountInterest RateAPYAnnual Percentage Yield (APY)

Open now

AmountInterest RateAPYAnnual Percentage Yield (APY)adatext

Rates

Choose the desired term then the deposit amount to see rate options.
AmountInterest RateAPYAnnual Percentage Yield (APY)adatext

Fees

Fees , open

Annual Fee

  • $0

Transfer Fees

  • $0

Withdrawal Penalty

  • With a Flexible CD, we will waive the early withdrawal penalty except in connection with any withdrawals you request within the first 6 days of the account term (or the first 6 days following any partial withdrawal). See Deposit Agreement and Disclosures and Deposit Rate Sheet for more detail about the penalty calculation.

Fees

Annual FeeTransfer FeesWithdrawal Penalty
  • $0
  • $0
  • With a Flexible CD, we will waive the early withdrawal penalty except in connection with any withdrawals you request within the first 6 days of the account term (or the first 6 days following any partial withdrawal). See Deposit Agreement and Disclosures and Deposit Rate Sheet for more detail about the penalty calculation.

View a complete list of fees

Why bank with us?

Why bank with us? , open

Safety and security

For 9 years in a row, Bank of America was recognized as having the Best Overall Identity Safety in Banking by Javelin Strategy & Research, the nation's leading provider of financial institution research.adatext

A convenient mobile app  adatext

Keep track of your balance and accrued interest on the go. Sign in safely and quickly with fingerprint sign-in or Touch ID.®adatext

A broad network of support

We're here for you anytime, almost anywhere with 24/7 online access and thousands of financial centers.

Rewarding relationships

Qualifying members can earn more rewards with their everyday banking. Learn more about Preferred Rewards.

Why bank with us?

Safety and security

For 9 years in a row, Bank of America was recognized as having the Best Overall Identity Safety in Banking by Javelin Strategy & Research, the nation's leading provider of financial institution research.adatext

A broad network of support

We're here for you anytime, almost anywhere with 24/7 online access and thousands of financial centers.

A convenient mobile app  adatext

Keep track of your balance and accrued interest on the go. Sign in safely and quickly with fingerprint sign-in or Touch ID.®adatext

Rewarding relationships

Qualifying members can earn more rewards with their everyday banking. Learn more about Preferred Rewards.
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