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Bank of America CD Rates for March 2024

Updated
Kevin Payne
By: Kevin Payne

Our Banking Expert

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield

Bank of America CD rates don't stack up that well against the top online banks. But Bank of America CDs are a viable option for short- and long-term investments as they have a broad range of terms. Read on to learn more about Bank of America CD rates, how they compare to other banks, and whether they are right for you below.

Bank of America CD rates for March 2024

Compare Bank of America CD rates

Unfortunately, Bank of America CD interest rates are not that competitive compared with some of the best CD rates. Neither its Standard CDs nor Featured CDs earn much interest at any term length. Below, you can compare Bank of America CD interest rates to some of our experts' favorite CDs:

Rates as of
Bank & CD Offer APY Term Min. Deposit Next Steps
APY: 4.80% Term: 1 Year Min. Deposit:  $2,500
APY: 4.71% Term: 1 Year Min. Deposit:  $1
APY: 4.97% Term: 9 Months Min. Deposit:  $1
Member FDIC.
APY: 4.75% Term: 1 Year Min. Deposit:  $500
Huntington Bank Standard CD
Member FDIC.
APY: 0.05% Term: 1 Months Min. Deposit:  $1,000
Freedom Bank High-Yield CDs from Raisin
Member FDIC.
APY: 5.06% Term: 1 Months Min. Deposit:  $500
APY: 3.00% Term: 1 Months Min. Deposit: 
APY: 3.00% Term: 2 Months Min. Deposit: 
APY: 2.00% Term: 3 Months Min. Deposit:  $2,500
APY: 3.00% Term: 3 Months Min. Deposit:  $0
APY: 5.41% Term: 3 Months Min. Deposit:  $1
Freedom Bank High-Yield CDs from Raisin
Member FDIC.
APY: 5.10% Term: 3 Months Min. Deposit:  $500
APY: Up to 4.51% Term: 3 Months Min. Deposit:  $2,500
APY: 3.00% Term: 3 Months Min. Deposit:  $500
APY: 3.50% Term: 3 Months Min. Deposit: 
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 3 Months Min. Deposit:  $500
Huntington Bank Standard CD
Member FDIC.
APY: 0.05% Term: 3 Months Min. Deposit:  $1,000
APY: 4.90% Term: 5 Months Min. Deposit: 
Valley Bank
Member FDIC.
APY: 4.75% Term: 6 Months Min. Deposit: 
Member FDIC.
APY: 4.76% Term: 6 Months Min. Deposit:  $1,000
Member FDIC.
APY: 5.45% Term: 6 Months Min. Deposit:  $1,000
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 6 Months Min. Deposit:  $500
Member FDIC.
APY: 5.00% Term: 6 Months Min. Deposit:  $2,500
APY: 5.23% Term: 6 Months Min. Deposit:  $1
All America Bank CD
Member FDIC.
APY: 4.75% Term: 6 Months Min. Deposit: 
Generations Bank CD
Member FDIC.
APY: 5.00% Term: 6 Months Min. Deposit:  $1,000
Generations Bank High-Yield CD from Raisin
Member FDIC.
APY: 5.21% Term: 6 Months Min. Deposit:  $1
APY: 5.10% Term: 6 Months Min. Deposit:  $2,500
APY: 4.95% Term: 6 Months Min. Deposit:  $500
APY: Up to 2.51% Term: 6 Months Min. Deposit:  $2,500
Vanguard Brokered CD
Member FDIC.
APY: 5.15% Term: 6 Months Min. Deposit:  $1,000
Member FDIC.
APY: 5.00% Term: 6 Months Min. Deposit:  $1,000
APY: 4.40% Term: 6 Months Min. Deposit:  $0
Bask Bank CD
Member FDIC.
APY: 5.10% Term: 6 Months Min. Deposit:  $1,000
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 6 Months Min. Deposit:  $1,000
APY: 4.00% Term: 6 Months Min. Deposit:  $1,000
APY: 5.05% Term: 6 Months Min. Deposit:  $500
APY: 4.25% Term: 6 Months Min. Deposit:  $2,500
APY: 4.80% Term: 6 Months Min. Deposit:  $0
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.50% Term: 6 Months Min. Deposit:  $1,000
APY: 4.35% Term: 6 Months Min. Deposit:  $0
Member FDIC.
APY: 5.05% Term: 6 Months Min. Deposit:  $500
Arvest Bank CD
Member FDIC.
APY: Up to 4.60% Term: 6 Months Min. Deposit:  $1,000
Fidelity CD
Member FDIC.
APY: 5.45% Term: 6 Months Min. Deposit:  $1,000
APY: 3.00% Term: 6 Months Min. Deposit:  $500
Member FDIC.
APY: 1.00% - 5.00% Term: 6 Months Min. Deposit:  $250.00
Republic Bank of Chicago CD
Member FDIC.
APY: 0.50% Term: 6 Months Min. Deposit:  $1,000
Member FDIC.
APY: 5.00% Term: 6 Months Min. Deposit:  $500
First Internet Bank of Indiana CD
Member FDIC.
APY: 5.22% Term: 6 Months Min. Deposit:  $1,000
First Tech CD
APY: up to 4.91% Term: 6 Months Min. Deposit:  $500
Member FDIC.
APY: 5.52% Term: 6 Months Min. Deposit: 
Salem Five Bank CD
Member FDIC.
APY: 5.00% Term: 6 Months Min. Deposit:  $10,000
APY: 3.80% Term: 6 Months Min. Deposit: 
APY: 4.00% Term: 6 Months Min. Deposit: 
Freedom Bank High-Yield CDs from Raisin
Member FDIC.
APY: 5.10% Term: 6 Months Min. Deposit:  $500
Member FDIC.
APY: 0.05% Term: 6 Months Min. Deposit:  $1,000
Arvest Bank CD
Member FDIC.
APY: Up to 5.05% Term: 7 Months Min. Deposit:  $1,000
APY: 5.00% Term: 7 Months Min. Deposit: 
First National Bank Special CD
Member FDIC.
APY: 5.20% Term: 7 Months Min. Deposit:  Up to $10,000
APY: 4.75% Term: 7 Months Min. Deposit:  $500
Huntington Bank Promotional CD
Member FDIC.
APY: 5.13% Term: 7 Months Min. Deposit:  $1,000
Member FDIC.
APY: 5.01% Term: 7 Months Min. Deposit:  $500
APY: Up to 5.01% Term: 7 Months Min. Deposit:  $2,500
NASA Federal Credit Union High-Yield Certificate
Federally insured by NCUA.
APY: 5.55% Term: 9 Months Min. Deposit:  $10,000
Member FDIC.
APY: 3.75% Term: 9 Months Min. Deposit:  $500
APY: 5.15% Term: 9 Months Min. Deposit:  $2,500
Freedom Bank No Penalty CDs from Raisin
Member FDIC.
APY: 5.10% Term: 9 Months Min. Deposit:  $1
APY: 5.10% Term: 9 Months Min. Deposit:  $500
Member FDIC.
APY: 5.30% Term: 9 Months Min. Deposit:  $500
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 9 Months Min. Deposit:  $1,000
APY: 4.25% Term: 9 Months Min. Deposit:  $2,500
Salem Five Bank CD
Member FDIC.
APY: 5.00% Term: 9 Months Min. Deposit:  $10,000
APY: 4.45% Term: 9 Months Min. Deposit:  $0
APY: 5.15% Term: 9 Months Min. Deposit:  $0
Generations Bank High-Yield CD from Raisin
Member FDIC.
APY: 5.31% Term: 10 Months Min. Deposit:  $1
Huntington Bank Promotional CD
Member FDIC.
APY: 4.86% Term: 11 Months Min. Deposit:  $1,000
APY: 4.50% Term: 11 Months Min. Deposit:  $0
Member FDIC.
APY: 4.90% Term: 11 Months Min. Deposit:  $1,000
APY: 4.25% Term: 1 Year Min. Deposit: 
First Tech CD
APY: up to 4.55% Term: 1 Year Min. Deposit:  $500
All America Bank CD
Member FDIC.
APY: 4.75% Term: 1 Year Min. Deposit: 
Generations Bank CD
Member FDIC.
APY: 5.20% Term: 1 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.35% Term: 1 Year Min. Deposit:  $1,000
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 1 Year Min. Deposit:  $1,000
APY: 4.95% Term: 1 Year Min. Deposit:  $500
Vanguard Brokered CD
Member FDIC.
APY: 5.30% Term: 1 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.76% Term: 1 Year Min. Deposit:  $1,000
First Internet Bank of Indiana CD
Member FDIC.
APY: 5.35% Term: 1 Year Min. Deposit:  $1,000
Valley Bank
Member FDIC.
APY: 4.50% Term: 1 Year Min. Deposit: 
Member FDIC.
APY: 2.75% to 3.75% Term: 1 Year Min. Deposit:  $500
Member FDIC.
APY: 5.30% Term: 1 Year Min. Deposit:  $500
Member FDIC.
APY: 5.50% Term: 1 Year Min. Deposit: 
APY: 5.25% Term: 1 Year Min. Deposit:  $2,500
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 1 Year Min. Deposit:  $500
APY: 4.75% Term: 1 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.35% Term: 1 Year Min. Deposit:  $1,500
Freedom Bank No Penalty CDs from Raisin
Member FDIC.
APY: 5.15% Term: 1 Year Min. Deposit:  $1
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.60% Term: 1 Year Min. Deposit:  $1,000
Arvest Bank CD
Member FDIC.
APY: Up to 5.10% Term: 1 Year Min. Deposit:  $1,000
Flushing Bank CD
Member FDIC.
APY: 5.00% Term: 1 Year Min. Deposit:  $1,000
APY: 1.50% Term: 1 Year Min. Deposit:  $500
APY: 4.90% Term: 1 Year Min. Deposit:  $0
APY: 5.15% Term: 1 Year Min. Deposit:  $500
APY: 3.75% Term: 1 Year Min. Deposit:  $0
APY: 5.00% Term: 1 Year Min. Deposit:  $5,000
Fidelity CD
Member FDIC.
APY: 5.45% Term: 1 Year Min. Deposit:  $1,000
Bask Bank CD
Member FDIC.
APY: 5.00% Term: 1 Year Min. Deposit:  $1,000
Republic Bank of Chicago CD
Member FDIC.
APY: 0.75% Term: 1 Year Min. Deposit:  $1,000
APY: 5.00% Term: 1 Year Min. Deposit:  $0
Salem Five Bank CD
Member FDIC.
APY: 5.55% Term: 1 Year Min. Deposit:  $10,000
Member FDIC.
APY: 5.15% Term: 1 Year Min. Deposit:  $2,500
Connexus Credit Union Share CD
APY: Up to 4.81 Term: 1 Year Min. Deposit:  $5,000
Member FDIC.
APY: 1.00% - 4.75% Term: 1 Year Min. Deposit:  $250.00
APY: 4.65% Term: 1 Year Min. Deposit:  $0
Member FDIC.
APY: 0.05% Term: 1 Year Min. Deposit:  $1,000
APY: 5.25% Term: 13 Months Min. Deposit: 
First National Bank Special CD
Member FDIC.
APY: 5.00% Term: 13 Months Min. Deposit:  Up to $10,000
Member FDIC.
APY: 4.65% Term: 13 Months Min. Deposit:  $1,000
APY: 5.15% Term: 13 Months Min. Deposit: 
Member FDIC.
APY: 5.25% Term: 13 Months Min. Deposit:  $1,000
Republic Bank of Chicago CD
Member FDIC.
APY: 4.33% Term: 13 Months Min. Deposit:  $1,000
SchoolsFirst Federal Credit Union CD
Federally insured by NCUA.
APY: 5.00% Term: 13 Months Min. Deposit:  $500
Member FDIC.
APY: 4.00% Term: 15 Months Min. Deposit:  $500
NASA Federal Credit Union High-Yield Certificate
Federally insured by NCUA.
APY: 5.30% Term: 15 Months Min. Deposit:  $10,000
Flushing Bank CD
Member FDIC.
APY: 4.60% Term: 15 Months Min. Deposit:  $1,000
Federally insured by NCUA.
APY: 5.10% Term: 16 Months Min. Deposit:  $500
APY: 4.50% Term: 1.5 Year Min. Deposit:  $0
Member FDIC.
APY: 4.60% Term: 1.5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.00% Term: 1.5 Year Min. Deposit:  $2,500
Salem Five Bank CD
Member FDIC.
APY: 4.50% Term: 1.5 Year Min. Deposit:  $10,000
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 1.5 Year Min. Deposit:  $1,000
APY: 1.00% Term: 1.5 Year Min. Deposit:  $0
Member FDIC.
APY: 4.60% Term: 1.5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 2.85% Term: 1.5 Year Min. Deposit:  $500
APY: 4.80% Term: 1.5 Year Min. Deposit:  $500
Member FDIC.
APY: 0.05% Term: 1.5 Year Min. Deposit:  $1,000
APY: 4.60% Term: 1.5 Year Min. Deposit:  $1,000
APY: 4.50% Term: 1.5 Year Min. Deposit:  $0
APY: 4.70% Term: 1.5 Year Min. Deposit:  $0
APY: 4.27% Term: 1.5 Year Min. Deposit: 
APY: 4.75% Term: 1.5 Year Min. Deposit:  $500
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 1.5 Year Min. Deposit:  $500
Member FDIC.
APY: 0.05% Term: 1.5 Year Min. Deposit:  $250.00
Member FDIC.
APY: 5.15% Term: 1.5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.55% Term: 1.5 Year Min. Deposit: 
Republic Bank of Chicago CD
Member FDIC.
APY: 1.00% Term: 1.5 Year Min. Deposit:  $1,000
APY: 4.50% Term: 1.5 Year Min. Deposit:  $2,500
Member FDIC.
APY: 5.55% Term: 1.5 Year Min. Deposit:  $1,000
First Internet Bank of Indiana CD
Member FDIC.
APY: 5.07% Term: 1.5 Year Min. Deposit:  $1,000
APY: 1.50% Term: 1.5 Year Min. Deposit:  $500
Member FDIC.
APY: 2.00% Term: 1.5 Year Min. Deposit:  $500
APY: 4.90% Term: 1.5 Year Min. Deposit:  $2,500
Vanguard Brokered CD
Member FDIC.
APY: 5.20% Term: 1.5 Year Min. Deposit:  $1,000
APY: 4.45% Term: 1.5 Year Min. Deposit:  $0
Bask Bank CD
Member FDIC.
APY: 4.50% Term: 1.5 Year Min. Deposit:  $1,000
Fidelity CD
Member FDIC.
APY: 5.50% Term: 1.5 Year Min. Deposit:  $1,000
First National Bank Special CD
Member FDIC.
APY: 3.50% Term: 19 Months Min. Deposit:  Up to $10,000
APY: 4.50% Term: 2 Year Min. Deposit:  $500
First Internet Bank of Indiana CD
Member FDIC.
APY: 4.85% Term: 2 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.25% Term: 2 Year Min. Deposit:  $1,000
APY: 4.40% Term: 2 Year Min. Deposit:  $500
Salem Five Bank CD
Member FDIC.
APY: 3.25% Term: 2 Year Min. Deposit:  $10,000
Member FDIC.
APY: 4.65% Term: 2 Year Min. Deposit:  $1,500
APY: 4.00% Term: 2 Year Min. Deposit:  $2,500
Valley Bank
Member FDIC.
APY: 4.00% Term: 2 Year Min. Deposit: 
APY: 4.20% Term: 2 Year Min. Deposit:  $0
APY: 3.30% Term: 2 Year Min. Deposit:  $5,000
Bask Bank CD
Member FDIC.
APY: 4.50% Term: 2 Year Min. Deposit:  $1,000
APY: 4.40% Term: 2 Year Min. Deposit:  $1,000
Arvest Bank CD
Member FDIC.
APY: Up to 4.63% Term: 2 Year Min. Deposit:  $1,000
APY: 4.50% Term: 2 Year Min. Deposit:  $2,500
Member FDIC.
APY: 4.50% Term: 2 Year Min. Deposit:  $500
APY: 4.00% Term: 2 Year Min. Deposit:  $0
Member FDIC.
APY: 0.05% Term: 2 Year Min. Deposit:  $250.00
Fidelity CD
Member FDIC.
APY: 5.40% Term: 2 Year Min. Deposit:  $1,000
Republic Bank of Chicago CD
Member FDIC.
APY: 1.25% Term: 2 Year Min. Deposit:  $1,000
First Tech CD
APY: up to 2.25% Term: 2 Year Min. Deposit:  $500
Member FDIC.
APY: 5.40% Term: 2 Year Min. Deposit: 
APY: 1.50% Term: 2 Year Min. Deposit:  $500
Member FDIC.
APY: 0.05% Term: 2 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.40% Term: 2 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.50% Term: 2 Year Min. Deposit:  $2,500
All America Bank CD
Member FDIC.
APY: 4.25% Term: 2 Year Min. Deposit: 
Generations Bank CD
Member FDIC.
APY: 4.24% Term: 2 Year Min. Deposit:  $1,000
Connexus Credit Union Share CD
APY: Up to 4.56% Term: 2 Year Min. Deposit:  $5,000
APY: 4.00% Term: 2 Year Min. Deposit:  $0
APY: 4.30% Term: 2 Year Min. Deposit: 
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 2 Year Min. Deposit:  $500
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.45% Term: 2 Year Min. Deposit:  $1,000
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 2 Year Min. Deposit:  $1,000
Member FDIC.
APY: 2.00% Term: 2 Year Min. Deposit:  $500
Vanguard Brokered CD
Member FDIC.
APY: 5.10% Term: 2 Year Min. Deposit:  $1,000
First National Bank Special CD
Member FDIC.
APY: 3.50% Term: 25 Months Min. Deposit:  Up to $10,000
Member FDIC.
APY: 5.00% Term: 25 Months Min. Deposit:  $1,000
APY: 1.50% Term: 30 Months Min. Deposit:  $500
APY: 3.75% Term: 30 Months Min. Deposit:  $2,500
Member FDIC.
APY: 4.75% Term: 35 Months Min. Deposit:  $1,000
First National Bank Special CD
Member FDIC.
APY: 3.00% Term: 35 Months Min. Deposit:  Up to $10,000
APY: 3.35% Term: 3 Year Min. Deposit:  $5,000
APY: 3.75% Term: 3 Year Min. Deposit:  $2,500
Member FDIC.
APY: 4.40% Term: 3 Year Min. Deposit:  $500
APY: 3.50% Term: 3 Year Min. Deposit:  $0
APY: 4.00% Term: 3 Year Min. Deposit:  $2,500
Vanguard Brokered CD
Member FDIC.
APY: 5.00% Term: 3 Year Min. Deposit:  $1,000
All America Bank CD
Member FDIC.
APY: 3.75% Term: 3 Year Min. Deposit: 
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 3 Year Min. Deposit:  $1,000
APY: 1.50% Term: 3 Year Min. Deposit:  $500
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 3 Year Min. Deposit:  $500
APY: 1.15% Term: 3 Year Min. Deposit:  $0
Member FDIC.
APY: 5.15% Term: 3 Year Min. Deposit: 
First Internet Bank of Indiana CD
Member FDIC.
APY: 4.75% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.30% Term: 3 Year Min. Deposit:  $2,500
APY: 4.30% Term: 3 Year Min. Deposit:  $500
APY: 2.85% Term: 3 Year Min. Deposit: 
APY: 4.10% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: 5.15% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: 2.00% Term: 3 Year Min. Deposit:  $500
APY: 4.00% Term: 3 Year Min. Deposit:  $0
Republic Bank of Chicago CD
Member FDIC.
APY: 1.50% Term: 3 Year Min. Deposit:  $1,000
Salem Five Bank CD
Member FDIC.
APY: 2.00% Term: 3 Year Min. Deposit:  $10,000
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.35% Term: 3 Year Min. Deposit:  $1,000
APY: 4.15% Term: 3 Year Min. Deposit:  $0
Member FDIC.
APY: 0.05% Term: 3 Year Min. Deposit:  $250.00
Member FDIC.
APY: 4.15% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: 0.10% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.25% Term: 3 Year Min. Deposit:  $1,500
APY: 4.25% Term: 3 Year Min. Deposit:  $500
First Tech CD
APY: up to 2.45% Term: 3 Year Min. Deposit:  $500
Fidelity CD
Member FDIC.
APY: 5.15% Term: 3 Year Min. Deposit:  $1,000
Member FDIC.
APY: up to 1.75% Term: 37 Months Min. Deposit:  $1
Member FDIC.
APY: 4.75% Term: 45 Months Min. Deposit:  $1,000
Salem Five Bank CD
Member FDIC.
APY: 2.25% Term: 4 Year Min. Deposit:  $10,000
First National Bank Standard CD
Member FDIC.
APY: 1.00% Term: 4 Year Min. Deposit:  $500
Member FDIC.
APY: 4.90% Term: 4 Year Min. Deposit:  $1,000
APY: 3.40% Term: 4 Year Min. Deposit:  $5,000
APY: 4.20% Term: 4 Year Min. Deposit:  $500
APY: 1.61% Term: 4 Year Min. Deposit: 
Member FDIC.
APY: 0.15% Term: 4 Year Min. Deposit:  $1,000
APY: 2.50% Term: 4 Year Min. Deposit: 
First Internet Bank of Indiana CD
Member FDIC.
APY: 4.54% Term: 4 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.90% Term: 4 Year Min. Deposit: 
Republic Bank of Chicago CD
Member FDIC.
APY: 1.50% Term: 4 Year Min. Deposit:  $1,000
Vanguard Brokered CD
Member FDIC.
APY: 5.05% Term: 4 Year Min. Deposit:  $1,000
APY: 3.50% Term: 4 Year Min. Deposit:  $0
APY: 4.05% Term: 4 Year Min. Deposit:  $1,000
APY: 4.00% Term: 4 Year Min. Deposit:  $0
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 4 Year Min. Deposit:  $1,000
Fidelity CD
Member FDIC.
APY: 4.90% Term: 4 Year Min. Deposit:  $1,000
Member FDIC.
APY: 2.00% Term: 4 Year Min. Deposit:  $500
Member FDIC.
APY: 4.15% Term: 4 Year Min. Deposit:  $1,500
APY: 3.75% Term: 4 Year Min. Deposit:  $2,500
APY: 4.05% Term: 4 Year Min. Deposit:  $0
APY: 4.00% Term: 4 Year Min. Deposit:  $500
APY: 1.20% Term: 4 Year Min. Deposit:  $0
Member FDIC.
APY: 3.95% Term: 4 Year Min. Deposit:  $1,000
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.20% Term: 4 Year Min. Deposit:  $1,000
All America Bank CD
Member FDIC.
APY: 3.49% Term: 4 Year Min. Deposit: 
NASA Federal Credit Union High-Yield Certificate
Federally insured by NCUA.
APY: 4.60% Term: 49 Months Min. Deposit:  $10,000
First National Bank Special CD
Member FDIC.
APY: 3.00% Term: 52 Months Min. Deposit:  Up to $10,000
Member FDIC.
APY: 4.75% Term: 59 Months Min. Deposit:  $1,000
Republic Bank of Chicago CD
Member FDIC.
APY: 1.50% Term: 5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.00% Term: 5 Year Min. Deposit:  $2,500
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 5 Year Min. Deposit:  $1,000
Fidelity CD
Member FDIC.
APY: 4.85% Term: 5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 2.00% Term: 5 Year Min. Deposit:  $500
APY: 4.00% Term: 5 Year Min. Deposit:  $2,500
APY: 3.75% Term: 5 Year Min. Deposit:  $0
First Tech CD
APY: up to 3.55% Term: 5 Year Min. Deposit:  $500
APY: 3.75% Term: 5 Year Min. Deposit:  $2,500
Vanguard Brokered CD
Member FDIC.
APY: 5.00% Term: 5 Year Min. Deposit:  $1,000
All America Bank CD
Member FDIC.
APY: 3.49% Term: 5 Year Min. Deposit: 
APY: 4.00% Term: 5 Year Min. Deposit:  $0
Member FDIC.
APY: 0.25% Term: 5 Year Min. Deposit:  $1,000
First National Bank Standard CD
Member FDIC.
APY: 1.50% Term: 5 Year Min. Deposit:  $500
Member FDIC.
APY: 4.80% Term: 5 Year Min. Deposit:  $1,000
APY: 4.10% Term: 5 Year Min. Deposit:  $500
First Internet Bank of Indiana CD
Member FDIC.
APY: 4.59% Term: 5 Year Min. Deposit:  $1,000
Member FDIC.
APY: 4.15% Term: 5 Year Min. Deposit:  $1,500
Member FDIC.
APY: 0.05% Term: 5 Year Min. Deposit:  $250.00
Member FDIC.
APY: 3.90% Term: 5 Year Min. Deposit:  $1,000
APY: 3.00% Term: 5 Year Min. Deposit:  $0
Salem Five Bank CD
Member FDIC.
APY: 2.25% Term: 5 Year Min. Deposit:  $10,000
APY: 1.50% Term: 5 Year Min. Deposit:  $500
APY: 3.25% Term: 5 Year Min. Deposit: 
APY: 4.00% Term: 5 Year Min. Deposit:  $500
APY: 4.00% Term: 5 Year Min. Deposit:  $0
Member FDIC.
APY: 4.80% Term: 5 Year Min. Deposit: 
APY: 3.45% Term: 5 Year Min. Deposit:  $5,000
APY: 3.90% Term: 5 Year Min. Deposit:  $0
Member FDIC.
APY: 4.30% Term: 5 Year Min. Deposit:  $500
NASA Federal Credit Union Share Certificate
Federally insured by NCUA.
APY: 4.10% Term: 5 Year Min. Deposit:  $1,000
APY: 3.95% Term: 5 Year Min. Deposit:  $1,000
Member FDIC.
APY: up to 2.00% Term: 61 Months Min. Deposit:  $1
First National Bank Special CD
Member FDIC.
APY: 3.00% Term: 61 Months Min. Deposit:  Up to $10,000
APY: 4.00% Term: 6 Year Min. Deposit:  $500
APY: 1.50% Term: 6 Year Min. Deposit:  $500
Huntington Bank Standard CD
Member FDIC.
APY: 0.10% Term: 6 Year Min. Deposit:  $1,000
APY: 3.75% Term: 7 Year Min. Deposit:  $2,500
APY: 3.75% Term: 10 Year Min. Deposit:  $2,500

Bank of America's CD review

Standard CDs

PROS

  • A multitude of term lengths
  • No monthly fees

CONS

  • CD rates aren't competitive

Bank of America's main CD product is a Standard CD. These CDs offer many term lengths ranging from 28 days to 10 years, making them perfect if you're building a CD ladder. You can open a Standard CD for as little as $1,000, much less than the $10,000 minimum required for its Featured CDs. Interest on Bank of America CDs is compounded and credited monthly.

Like most banks, Banks of America doesn't charge any maintenance fees on CD accounts.

Depending on the CD term, you could pay a penalty of up to 365 days' interest if you withdraw funds before the maturity date. Bank of America Standard CDs automatically renew at maturity. Customers will need to change terms, deposit or withdraw funds, or close the CD account during the grace period.

Other Bank of America CD accounts

Bank of America also offers the following CD accounts:

  • Featured CDs

Keep reading about Bank of America:

FAQs

  • Bank of America CDs are right for people who are more interested in having a wide range of term-length options than earning high-yield interest rates. It’s also a great option for current Bank of America customers who want to keep all of their banking in one place.

  • You should get a Bank of America CD if you have extra funds to set aside for a short- or medium-term investment. CD deposits also come with the added protection of being FDIC-insured up to $250,000 per depositor.

  • A Bank of America CD is only worthwhile if you aren't concerned about getting the best CD rates available. You are sure to find CDs that offer higher APYs with comparable deposit requirements elsewhere.

Our Banking Expert