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Bank of America

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Get it on the App Store
Download the Bank of America App

Before you leave our site, we want you to know your app store has its own privacy practices and level of security which may be different from ours, so please review their policies.

Or we can send you a link by email

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Apple, the Apple logo, iPhone, iPad, Apple Watch and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Get it on Google Play
Download the Bank of America App

Before you leave our site, we want you to know your app store has its own privacy practices and level of security which may be different from ours, so please review their policies.

Or we can text a download link directly to your phone

Please enter a phone number

By providing your mobile number you are consenting to receive a text message. Text message fees may apply from your carrier. Text messages may be transmitted automatically.

Android is a trademark of Google Inc. Samsung is a registered trademark of Samsung Electronics Co., Ltd.

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Savings Accounts

Frequently asked questions


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Bank of America offers savings solutions to help meet your goals. Consider the following savings options:

  • Bank of America Advantage Savings
  • Bank of America Certificate of Deposit (CD)
  • Bank of America Individual Retirement Account (IRA)

Yes, there is a minimum balance required to open a savings account. Visit our savings account for details.

You can view all savings interest rates online. Visit our Bank of America Advantage Savings product page for the current rates.

Applying for a savings account is easy. Visit our Bank of America Advantage Savings page for more details.

You can also schedule an appointment with an associate at your local financial center for a day and time that work best for you. We can assist you with finding the best savings account option to meet your needs.

Interest begins to accrue on the day the account is processed, not the day the application is submitted. The application will be processed at the interest rate that was effective on the day that the application was submitted.

We compound and credit interest to your account monthly.

Keep the Change is a Bank of America savings program that works in conjunction with a savings account. When you enroll in this program and make qualifying purchases with your Bank of America debit card, we'll (1) round up a purchase to the nearest dollar amount and (2) transfer the difference from your checking account to the enrolled savings account.

With a Bank of America Advantage Savings account the more you save the more you could earn

Explore Advantage Savings
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Phone number: 844-375-7028
 
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