3 Year Cd Rates Bank Of America

These cds require a minimum deposit of 1 000.

3 year cd rates bank of america.

Research some of the best rates offered by financial institutions. The minimum balance required to open this cd is 1 000. Annual percentage yield apy is accurate as of 10 05 2020 and applies to the initial term of a new standard term cd. For example marcus by goldman sachs currently offers 1 percent apy on a 1 year cd.

Besides its no penalty cd ally bank also offers a checking account a money market account term cds and two terms of a raise your rate cd. Bank of america cd rates. Featured cd rates are slightly higher than. 11 months 0 35 apy.

These cds all have a 2 500 minimum deposit requirement. You ll be able to access your money earlier but you ll earn a lower yield. Bank of america cd rates. Mortgage rates valid as of 01 oct 2020 09 06 am cdt and assume borrower has excellent credit including a credit score of 740 or higher.

Certificates of deposit or cds are time deposits bought by an individual in order to earn an established rate of return within a fixed time period. 3 year cd rate vs. The bank also offers an online savings account which. The shortest term cd is the six month cd and the longest term cd is a five year cd.

How bank of america cds rates compare to other banks. Estimated monthly payments shown include principal interest and if applicable any required mortgage insurance. Arm interest rates and payments are subject to increase after the initial fixed rate period 5 years for a 5 1 arm 7 years for a 7 1 arm and 10. Annual percentage yield apy is accurate as of 10 05 2020 and applies to the initial term of a new featured cd.

Additionally you can choose a 6 month or 1 year cd instead of getting a 3 year cd.