It’s possible to earn up to 0.04% APY on savings accounts, but the amount you need to have deposited with Bank of America to earn that rate is incredibly high. Alternative places to park your ...

Generally low rates. Most of Bank of America’s CDs don’t come close to matching the rates on high-yield CDs or savings accounts available elsewhere. Compare with NerdWallet's list of the best ...

not all of its terms have great rates—some are more in line with its traditional savings account. Bank of America offers three different CD products: fixed, featured and flexible accounts.

It's a significant milestone when a savings account hits $50,000, and it's crucial to make thoughtful financial adjustments ...

They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...

A traditional savings account from a brick-and-mortar financial institution typically pays a low interest rate. For example, big banks like Chase and Bank of America pay less than 0.05% APY on ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of ...

The Western Alliance Bank High-Yield Savings Account is for you if you're focused on maximizing your returns as it offers one of the highest savings rates we found and has just a $1 minimum ...

They may fluctuate (up or down) as the Fed rate changes ... Best brick-and-mortar savings account Best at Bank of America: Bank of America Advantage Savings Best at Wells Fargo: Way2Save ...