What is the interest rate on a savings account at bank of america

Have some questions on savings accounts at Bank of America? Find answers to Get answers on interest rates, minimum balances, earning interest, and more.

23 May 2019 Before that, only 6% of Americans had their savings account at an online-only bank, such as Ally, E-Trade or Discover. “If you work hard to save  Bank of America savings account rates Let’s take a closer look at the rates offered by B of A’s savings accounts. The rates are for those living in California and could vary by state. Find out today's checking, savings, IRA and CD account interest rates from Bank of America. Find out today's checking, savings, IRA and CD account interest rates from Bank of America. Skip to main content Select View PDF to access checking, savings, CD and IRA account rates and APYs specific to your area. The interest rate indicated is for the 'regular savings account' product. The rate is for all balances. The Monthly service charge may require a minimum balance to not incur a charge. The rate of 0.03% is 0.77% lower than the average 0.8%. Bank of America offers 3 types of savings accounts: the Rewards Money Market Savings Account, the Regular Savings Account and the Custodial Savings Account. Bank of America Savings Account Interest Rates. Account Details APY Updated; Bank of America Savings Account: 0.03%. Feb, 2020. Bank Of America Savings Account Interest Rate BofA offers a relatively low annual percentage rate (APR) of just 0.01% on its regular savings account. So until interest rates rise, most of the savings gains BofA's customers will make from other accounts. For instance, CIT bank currently offers 1.75% APR on its savings account.

BofA's savings accounts can be used as overdraft protection for BofA details see: https://www.bankofamerica.com/deposits/bank-account-interest-rates/.

The Bank of America Rewards Savings Account, previously the Bank of America Rewards Money Market Savings Account, provides an opportunity to save more than with a basic savings account at Bank of America. You can especially save more when you are a Preferred Rewards member, earning at higher interest rates. BofA’s savings accounts can be used as overdraft protection for BofA checking accounts. Furthermore, the bank provides Health Savings Accounts (HSAs), which can be used to pay for qualified medical expenses. Bank of America’s money market accounts offer higher interest rates to customers as a relationship banking reward. A relatively low, variable interest rate. Money market or certain savings accounts may offer higher rates based on your balance. A fixed interest rate that is typically higher than savings accounts. Minimum balance to open. Varies, but may be lower than a CD. At Bank of America, it’s $100. Varies, but generally higher than a savings account. I like my Bank of America regular savings accounts because I can use the linked checking account to save money easily. I have the "keep the change" monies going in directly from my checking account each month. I also like having my savings account set up to cover any accidents that might occur on my checking account with an overdraft protection.

29 Jul 2019 My mission started on the Bank of America website, where I put in my zip code and pulled up a PDF showing its rates for various account types.

BofA’s savings accounts can be used as overdraft protection for BofA checking accounts. Furthermore, the bank provides Health Savings Accounts (HSAs), which can be used to pay for qualified medical expenses. Bank of America’s money market accounts offer higher interest rates to customers as a relationship banking reward. A relatively low, variable interest rate. Money market or certain savings accounts may offer higher rates based on your balance. A fixed interest rate that is typically higher than savings accounts. Minimum balance to open. Varies, but may be lower than a CD. At Bank of America, it’s $100. Varies, but generally higher than a savings account. I like my Bank of America regular savings accounts because I can use the linked checking account to save money easily. I have the "keep the change" monies going in directly from my checking account each month. I also like having my savings account set up to cover any accidents that might occur on my checking account with an overdraft protection. Bank deposits, such as savings accounts and certificates of deposit, are FDIC insured up to acceptable limits and are offered through Bank of America, N.A., Member FDIC. ← back to content Bank of America charges no annual IRA custodial fee, however, fees and expenses are subject to change.

14 Nov 2019 The average national rate for savings accounts is 0.09% APY. Monthly fees, $8, waived for the first six months. How to avoid monthly fees 

Have some questions on savings accounts at Bank of America? Find answers to Get answers on interest rates, minimum balances, earning interest, and more. Tiered Savings. As your account balance grows, your interest rate has the potential to increase too. See today's rates  BofA's savings accounts can be used as overdraft protection for BofA details see: https://www.bankofamerica.com/deposits/bank-account-interest-rates/. 14 Nov 2019 The average national rate for savings accounts is 0.09% APY. Monthly fees, $8, waived for the first six months. How to avoid monthly fees  2 Jan 2020 The 0.03% APY interest rate on this Bank of America savings account is very lackluster. Bank of America Savings Account Pros & Cons. Pros  30 Jan 2020 The rates are for those living in California and could vary by state. Account name, Interest rate, APY, Minimum deposit. Minor Savings Account  5 Dec 2019 The Bank of America Rewards Savings account offers four ways to earn rewards and tiered interest rates. However, the interest rate is lower 

30 Jan 2020 The rates are for those living in California and could vary by state. Account name, Interest rate, APY, Minimum deposit. Minor Savings Account 

2 Jan 2020 The 0.03% APY interest rate on this Bank of America savings account is very lackluster. Bank of America Savings Account Pros & Cons. Pros  30 Jan 2020 The rates are for those living in California and could vary by state. Account name, Interest rate, APY, Minimum deposit. Minor Savings Account  5 Dec 2019 The Bank of America Rewards Savings account offers four ways to earn rewards and tiered interest rates. However, the interest rate is lower  Here are some examples of interest rate increases for differing minimum balances that we found in America's top banks. Bank, Savings APY, Min Balance. Chase  And it doesn't grow in savings accounts at big brick-and-mortar banks like Chase, Wells Fargo, and Bank of America either. Today the average interest rate  17 Sep 2007 Bank of America now has their own high-yield savings account, though see a variety of checking/savings combos with different interest rates.

2 Jan 2020 The 0.03% APY interest rate on this Bank of America savings account is very lackluster. Bank of America Savings Account Pros & Cons. Pros  30 Jan 2020 The rates are for those living in California and could vary by state. Account name, Interest rate, APY, Minimum deposit. Minor Savings Account  5 Dec 2019 The Bank of America Rewards Savings account offers four ways to earn rewards and tiered interest rates. However, the interest rate is lower