Skip to main content

Business CDs and rates

please wait while the page loads

Secure savings

Get a fixed rate of return no matter which CD account you choose

Business Featured CDs

Lock in a rate at a higher yield

$XXXX minimum deposit required

Standard Term Business CDs

Get the flexibility to choose your term

$XXXX minimum deposit required

How to apply

Call a Small Business Specialist at 1.866.543.2808 or schedule an appointment

Compare CD accounts

Business Featured CD account

Standard Term Business CD account

Minimum opening deposit
For Featured CD Account, $XXXX
For Standard Term CD Account, $XXXX
Term
For Featured CD Account, Choose from multiple options:
XXXX to XXXX
For Standard Term CD Account, Choose any term:
XXXX to XXXX
Annual Percentage Yield (APY)
For Featured CD Account, XXXXXXXX%
depending on balance and term
For Standard Term CD Account, XXXXXXXX%
depending on balance and term
Additional deposits allowed?
For Featured CD Account, No additional deposits until maturity
For Standard Term CD Account, No additional deposits until maturity
Early withdrawal penalty?
For Featured CD Account, Early withdrawal penalty applies
For Standard Term CD Account, Early withdrawal penalty applies
FDIC insured
For Featured CD Account,


FDIC insured up to applicable limits

For Standard Term CD Account,


FDIC insured up to applicable limits

Automatic renewal
For Featured CD Account,


We’ll send a notice at maturity

For Standard Term CD Account,


We’ll send a notice at maturity

Rewards that grow with your business

The Preferred Rewards for Business program is our commitment to helping you grow your business and get more back from your banking. The higher your Bank of America business deposit balances and/or business investment balances with Merrill Edge and Merrill Lynch, the greater your benefits. Learn more about our program benefits or schedule an appointment to meet with a Small Business Specialist to get started today.

Tools to help manage your business

Cash management is a top priority for small business owners. Our tools and services can help you run your business more effectively.

Ready to open your account?

Call 1.866.543.2808, or let us call you when it’s convenient

Information for:

Please select your county

Enter your zip code

Please enter the zip code for your business address so we can give you accurate rate and fee information for your location.

Connect with us

866.543.2808

Mon-Fri 8 a.m. – 10 p.m. ET

Mon-Fri 8 a.m. – 10 p.m. ET