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Checking & Savings

Business Savings & CDs

Savings Products

Earn interest on your balances while maintaining full access to your funds with a Bank of America business savings account. Whether you have a small business and are looking to grow your savings or are an established company with a large balance, Bank of America has a savings account that is sure to work for your business. In addition to low maintenance fees and healthy interest rates, all business savings accounts come with standard benefits, including online banking features.

Business Interest Maximizer™

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Business Investment Account

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Good for you if You have an established business with larger balances You have a growing business and you're looking to build savings
Annual Percentage Yield 0.02 - 0.04% 0.02% $100 minimum deposit
Benefits Earn interest without locking into a term, and get tiered, variable interest rates that let you earn more as your balance grows. No limit on daily deposits. Fees may apply. Write up to 3 checks per statement cycle. No limit on daily deposits. Fees may apply.
Monthly maintenance fee $15 

How can I have this fee waived? Go to How can I waive this fee for Business Interest Maximizer™

How can I have this fee waived?

You can have this monthly maintenance fee waived by meeting one of the following requirements:
  • Maintain a $5,000 minimum daily balance
  • Include Business Interest Maximizer as part of a Business Advantage solution
$10 

How can I have this fee waived? Go to How can I waive this fee for Business Investment Account

How can I have this fee waived?

You can have this monthly maintenance fee waived by meeting one of the following requirements:
  • Maintain a $2,500 minimum daily balance
  • Include your Business Investment Account as part of a Business Fundamentals® solution
FDIC insured up to applicable limits XYes XYes
Small Business Online Banking XYes XYes
Overdraft Protection XYes XYes
Included in a checking solution X

Yes, can be included with Business Advantage

X

Yes, can be included with Business Fundamentals®

Business Interest Maximizer™ Open Now  Business Interest Maximizer™
Business Investment Account Open Now  Business Investment Account

Other ways to apply: Call a Small Business Specialist at 1.866.543.2808 or visit your nearest banking center

CD Products

Bank of America offers a wide range of CD accounts for small business that allow your business to get the security of fixed returns at competitive interest rates. Review and compare small business CD options from Bank of America and find the CD that meets the needs of your growing business.

Business Risk Free CD®

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Business Featured CD

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Standard Business – Shorter Term

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Standard Business – Longer Term

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Good for you if You want guaranteed returns with a short-term commitment plus the ability to withdraw funds without a penalty You want locked-in rates at a higher yield You want short-term access to your funds You want to receive higher interest rates for longer terms/higher balances
Annual Percentage Yield 0.04% $5,000 minimum deposit 0.07% Fixed until maturity  $10,000 minimum deposit 0.03%  $15,000 minimum deposit 0.03 – 0.15% $1,000 minimum deposit
Benefits Automatic CD renewal Automatic CD renewal Automatic CD renewal Automatic CD renewal
Term 9 months 12 months 7 - 27 days 28 days - 10 years
Early withdrawal fee No XYes XYes XYes
Transaction limitations No additional deposits until maturity No additional deposits until maturity No additional deposits until maturity No additional deposits until maturity
FDIC insured up to applicable limits XYes XYes XYes XYes
Small Business Online Banking XYes XYes XYes XYes
Business Risk Free CD® Open Now  Business Risk Free CD®
Business Featured CD Open Now  Business Featured CD
Standard Business – Shorter Term Open Now  Standard Business – Shorter Term
Standard Business – Longer Term Open Now  Standard Business – Longer Term

Other ways to apply: Call a Small Business Specialist at 1.866.543.2808 or visit your nearest banking center

Small Business Online Banking

Small Business Online Banking allows you to access information for multiple accounts, view current daily balances, get detailed transaction reports, and perform a wide range of other essential banking services.

Overdraft Protection

Overdraft Protection enables you to link a business checking account to a business savings account to cover any overdrafts that may occur in your checking account. Funds are automatically transferred from your savings account when the overdraft occurs.

An overdraft transfer fee will be applied to most Overdraft Protection transactions.

Introducing Business Platinum Privileges™

Enjoy special rates and benefits—plus a dedicated service team—when you qualify for Business Platinum Privileges

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Call: 866-460-1287