Bank of America CD rates 2025: How to ensure you get the highest APY
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Bank of America CD rates 2025: How to ensure you get the highest APY
Looking to make some extra cash by storing your funds untouched in a certificate of deposit (CD) for a few months, or even a few years? Bank of America offers more term options than perhaps just about anyone.
Bank of America’s CD rates may not be among the highest in the country, but there are still several decent options if you want to open an account here. You can also service your account in-branch, which is something you often can’t do with online banks that typically offer the best annual percentage yields (APY). It’s headquartered in Charlotte, North Carolina, and has been around for about 240 years. It’s the second-largest bank in the United States as of this writing.
Here’s what to expect when you open a CD with Bank of America. Keep in mind that rates may vary slightly based on your region.
Rates are current as of Nov. 11, 2025 and are subject to change.
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Best CD Rates for December 12, 2025
ZIP Code Deposit Amount $Min. Term Length 6 months
1 months
6 months
1 year
18 months
2 years
3 years
Max. Term Length 3 years
6 months
1 year
18 months
2 years
3 years
4 years
5 years
6 years
FEATURED OFFERSAPYTERMMIN. DEPOSITEST. EARNINGSLoading...
4.25 %
December 12, 2025
2yr$ 1000$ 1063
Over 1 Year
2 years cd AccountUnited Fidelity BankMember FDIC
QUICK LOOK
4.20 %
December 9, 2025
6mo$ 1000$ 1050
Over 1 Year
6 Mo CD cd AccountLimelightBankMember FDICOFFER DETAILS
QUICK LOOK Limelight Bank is the online division of Capital Community Bank. It offers competitive yields on CDs, but it doesn’t offer any other types of bank accounts.
READ BANK REVIEW
4.15 %
December 12, 2025
18mo$ 1000$ 1038
Over 1 Year
18 months cd AccountUnited Fidelity BankMember FDIC
QUICK LOOK
1
2
3
4
5
...
164
Bank of America personal CD rates and products
As one of the bigger financial institutions in the U.S., Bank of America offers a wide variety of CD products—from standard fixed-rate CDs to CDs with promotional APYs. It even offers flexible CDs, individual retirement account (IRA) CDs, and business CDs.
Featured CDs
Bank of America offers several featured CD rates that are much higher than what you’ll find from its typical CDs. These promotional terms range from seven to 37 months.
Bank of America featured CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Accounts automatically convert into a 3-month flexible CD
Renewal grace period
7 days
Bank of America featured CD rates
Term length
APY
7 months
3.65%
10 months
3.20%
13 months
2.25%
25 months
2.00%
37 months
0.11%
7 months
APY
3.65%
10 months
APY
3.20%
13 months
APY
2.25%
25 months
APY
2.00%
37 months
APY
0.11%
Bank details checked Nov. 11, 2025.
Fixed term CDs
Bank of America fixed term CD rates
Bank of America’s standard CDs come in a whopping 120 term lengths, giving you lots of flexibility when choosing how long to store your money. You can select as little as one month and as much as 10 years—a boon for anyone with CD laddering in mind. That said, most of these terms offer a less-than-fantastic APY.
Bank of America fixed term CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Into new fixed CD of same term length
Renewal grace period
Between 1 and 7 days, depending on the term
Bank of America fixed term CD rates
Term length
APY
28-89 days
0.03%
90-179 days
3.25%
6-11 months
0.03%
12-17 months
0.03%
18-23 months
0.03%
24-35 months
0.03%
36-47 months
0.03%
48-59 months
0.03%
60-119 months
0.03%
120 months
0.03%
28-89 days
APY
0.03%
90-179 days
APY
3.25%
6-11 months
APY
0.03%
12-17 months
APY
0.03%
18-23 months
APY
0.03%
24-35 months
APY
0.03%
36-47 months
APY
0.03%
48-59 months
APY
0.03%
60-119 months
APY
0.03%
120 months
APY
0.03%
Bank details checked Nov. 11, 2025.
Flexible CDs
For a little more freedom when withdrawing money, consider Bank of America’s Flexible CDs. These no-penalty CDs give you opportunities to withdraw portions of your account before maturity without getting dinged with penalties. The only caveats are if you remove your money during the first six days after you open your account or six days after a previous withdrawal.
Bank of America flexible CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
7 days of interest (only when withdrawing within six days of account opening or six days from your last withdrawal.
Partial withdrawals permitted
Yes
Additional deposits permitted
No
Automatic renewal
Accounts automatically convert into a 3-month flexible CD
Renewal grace period
7 days
Bank of America flexible CD rates
Term length
APY
12 months
2.85%
3 months (renewal only)
0.10%
12 months
APY
2.85%
3 months (renewal only)
APY
0.10%
Bank details checked Nov. 11, 2025.
Bank of America IRA CD rates and products
IRAs typically involve investing in stocks and bonds. For a more comfortable investment with a guaranteed return, a Bank of America IRA CD is a possibility. But what is an IRA CD?
As with traditional CDs, these accounts are Federal Deposit Insurance Corp. (FDIC)-insured, so you won’t lose your money, and they’re ideal if the stock market is too volatile.
Bank of America’s IRA CDs similarly come in featured, fixed, and flexible options. They also offer familiar terms and APY, same as a standard featured CD. In addition to an early withdrawal penalty for touching your money before maturity, you may also be subject to an additional 10% fee from the IRS if you’re under 59 ½ years old, as IRAs are designed to help you save for retirement.
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Featured IRA CDs
If you’re going to open an IRA CD with Bank of America, let it be one of these. Featured IRA CDs offer the highest potential earnings for reasonable term lengths.
Bank of America featured IRA CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Into new fixed CD of same term length
Renewal grace period
7 days
Bank of America featured IRA CD rates
Term length
APY
7 months
3.65%
10 months
3.20%
13 months
2.25%
25 months
2.00%
37 months
0.11%
7 months
APY
3.65%
10 months
APY
3.20%
13 months
APY
2.25%
25 months
APY
2.00%
37 months
APY
0.11%
Bank details checked Nov. 11, 2025.
Compare the CD rates and terms available from other top institutions
Read our roundups of all available CD rates from Chase, and Capital One.
Fixed term IRA CDs
With a plethora of term options, fixed term IRA CDs are your best bet for flexibility. But again, you’ll trade high APY for more account options.
Bank of America fixed term IRA CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Into new fixed CD of same term length
Renewal grace period
7 days
Bank of America fixed term IRA CD rates
Term length
APY
6-11 months
0.03%
12-17 months
0.03%
18-23 months
0.03%
24-35 months
0.03%
36-47 months
0.03%
48-59 months
0.03%
60-119 months
0.03%
120 months
0.03%
6-11 months
APY
0.03%
12-17 months
APY
0.03%
18-23 months
APY
0.03%
24-35 months
APY
0.03%
36-47 months
APY
0.03%
48-59 months
APY
0.03%
60-119 months
APY
0.03%
120 months
APY
0.03%
Bank details checked Nov. 11, 2025.
Flexible IRA CDs
Flexible IRA CDs are a great way to invest your money with the option to dip into the account when you like. Just remember that if you’re under 59 ½, you’ll be subject to the 10% penalty from the IRS unless you’re withdrawing for an eligible reason.
Bank of America flexible IRA CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
7 days of interest (only when withdrawing within six days of account opening or six days from your last withdrawal.
Partial withdrawals permitted
Yes
Additional deposits permitted
No
Automatic renewal
Into new 3-month Flexible IRA CD
Renewal grace period
7 days
Bank of America flexible IRA CD rates
Term length
APY
12 months
2.85%
3 month (renewal only)
0.10%
12 months
APY
2.85%
3 month (renewal only)
APY
0.10%
Bank details checked Nov. 11, 2025.
SponsoredAdvertiser Disclosure Advertiser Disclosure:Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield). Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
FastBreak™ : Guaranteed AnnuityPROMO:Best for High DepositsProduct DisclosureProduct DisclosureAnnuity rates are subject to change at any time, and the rate mentioned may no longer be current. Please visit Gainbridge.io for current rates, full product disclosures, and disclaimer. Withdrawals above the 10 percent free withdrawal amount subject to a withdrawal charge and market value adjustment. FastBreak™ is issued by Gainbridge Life Insurance Company in Zionsville, Indiana. FastBreak™ is not a tax-deferred annuity; instead, it is taxed annually. FastBreak™ : Guaranteed AnnuityPROMO:Best for High DepositsAnnual Percentage YieldTerm LengthMin. DepositRates as of 12/12/2025on FastBreak™'s website4.90%36 mos$1000View DetailsAnnual Percentage YieldTerm LengthMin. DepositRates as of 12/12/2025on FastBreak™'s website5.00%60 mos$1000View Details
Quontic Bank : Certificate of DepositMember FDICProduct DisclosureProduct DisclosureWithdrawals before the maturity date are subject to penalties Quontic Bank : Certificate of DepositAnnual Percentage YieldTerm LengthMin. DepositRates as of 12/12/2025on Quontic Bank's website3.75%6 mos$500View Details
A Bank of America business CD gives your company the chance to invest your profits without any risk. You can choose from standard business CDs, special-rate business CDs, and no-penalty business CDs.
Business featured CDs
Business featured CDs again deliver the most impressive APY.
Bank of America Business featured CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Into new flexible 3-month CD
Renewal grace period
7 days
Bank of America Business featured CD rates
Term length
APY
7 months
3.51%
10 months
3.20%
13 months
2.25%
25 months
2.00%
37 months
0.11%
7 months
APY
3.51%
10 months
APY
3.20%
13 months
APY
2.25%
25 months
APY
2.00%
37 months
APY
0.11%
Bank details checked Nov. 11, 2025.
Fixed term Business CDs
Fixed term Business CDs offer the widest variety of term lengths. Most terms are nothing to write your mother about—though there are exceptions.
Bank of America fixed term Business CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
– Terms less than 90 days: All interest of the amount withdrawn (or seven days’ worth, whichever is greater) – Terms of 90 days to 12 months: 90 days of interest on the amount withdrawn – Terms of 12 to 60 months: 180 days of interest on the amount withdrawn – Terms of 60+ months: 365 days of interest on the amount withdrawn
Partial withdrawals permitted
Yes (for a fee)
Additional deposits permitted
No
Automatic renewal
Into new fixed CD of same term length
Renewal grace period
7 days
Bank of America fixed term Business CD rates
Term length
APY
28-89 days
0.03%
90-179 days
0.03%
6-11 months
0.03%
12-17 months
0.05%
18-23 months
0.07%
24-35 months
0.60%
36-47 months
0.55%
48-59 months
0.65%
60-119 months
0.75%
120 months
0.75%
28-89 days
APY
0.03%
90-179 days
APY
0.03%
6-11 months
APY
0.03%
12-17 months
APY
0.05%
18-23 months
APY
0.07%
24-35 months
APY
0.60%
36-47 months
APY
0.55%
48-59 months
APY
0.65%
60-119 months
APY
0.75%
120 months
APY
0.75%
Bank details checked Nov. 11, 2025.
Flexible Business CDs
If you’d like to invest some of your business profits but would like access to that money when you need it, flexible Business CDs are your safest option. You’ll only incur a penalty if you withdraw money within six days of account opening — or within six days of your last withdrawal.
Bank of America flexible Business CD features
Minimum opening deposit
$1,000
Early withdrawal penalty
Only when withdrawing funds the first 6 days after account opening or the first 6 days following any partial withdrawal
Partial withdrawals permitted
Yes
Additional deposits permitted
No
Automatic renewal
Into new 3-month flexible CD
Renewal grace period
7 days
Bank of America flexible Business CD rates
Term length
APY
12 months
3.51%
3 months (renewal only)
0.10%
12 months
APY
3.51%
3 months (renewal only)
APY
0.10%
Bank details checked Nov. 11, 2025.
Compare Bank of America to top competitors
Many of Bank of America’s CD rates are substandard, but the financial institution offers its share of gems. Here’s a closer look at some of Bank of America’s competition.
Bank of America
Capital One
Northern Bank Direct
6 months
6 months
6 months
0.03%
3.50%
4.00%
7 months
7 months
7 months
3.65%
N/A
N/A
10 months
10 months
10 months
3.20%
3.80%
N/A
18 months
18 months
18 months
0.03%
3.70%
3.25%
24 months
24 months
24 months
0.03%
3.50%
3.25%
36 months
36 months
36 months
0.03%
3.50%
3.25%
Learn more
Learn more
Learn more
View offer at MoneyLion
View offer at Bankrate
View offer at Northern Bank Direct
Bank details checked Nov. 11, 2025.
Learn more
Read our full review of Capital One 360 banking.
Learn more about Bank of America
As a large national bank, Bank of America offers everything from checking accounts to savings accounts to IRAs. You can also find a variety of credit cards, home loans, auto loans, and investment tools. Depending on how much you store at the bank, you may also be eligible for additional perks through the Bank of America Preferred Rewards program.
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