Skip to main content

Standard CD

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

Overview

Flexible options available

Choose a term that works for you—from 28 days to 10 years.

Low opening balance

Open with as little as $1,000. Interest is compounded and credited monthly.Footnote1

FDIC insured

Balances are FDIC insured up to applicable limits.

Automatic renewalFootnote2

Automatically renews to another Standard CD/IRA with the same term at the then current interest rate. We send you a maturity notice prior to renewal.
  • Rates

    Amount Rate Annual Percentage Yield (APY)Footnote3

Rates

Choose either the desired term or deposit amount to see rate options
Amount Rate Annual Percentage Yield (APY)Footnote3

Fees

Annual Fee Transfer Fees Withdrawal PenaltyFootnote4
  • $0
  • $0

View a complete list of fees

  • Benefits

    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.Footnote5

    Mobile BankingFootnote6

    View your accrued interest and overall balance of your certificate of deposit in Bank of America's mobile appFootnote6, now with fingerprint sign-in and Touch ID®Footnote7

    Expansive network of financial centers

    With thousands of financial centers available, as well as 24-hour online access, we are almost wherever you need us.

    Bank of America Preferred Rewards

    Get more rewards with your everyday banking. Learn more about Preferred Rewards.

Benefits

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.Footnote5

Expansive network of financial centers

With thousands of financial centers available, as well as 24-hour online access, we are almost wherever you need us.

Mobile BankingFootnote6

View your accrued interest and overall balance of your certificate of deposit in Bank of America's mobile appFootnote6, now with fingerprint sign-in and Touch ID®Footnote7

Bank of America Preferred Rewards

Get more rewards with your everyday banking. Learn more about Preferred Rewards.
Go and get state information

Select Your State

Please tell us where you bank so we can give you accurate rate and fee information for your location.

Go and get state information