APY Ledger

Bank of America CD Rates — October 2026

Also known as BofA, BoA.

As of October 22, 2026, Bank of America's best CD rate for ZIP 10001 (New York, NY) is 4.00% APY on a 7-month promotional CD ($100,000 minimum). That is 2.9 times the FDIC national average for 6-month CDs (1.39%). The best rate was 4.00% APY in all 3 ZIP codes checked.

Last verified from www.bankofamerica.com · FDIC-insured bank · Charlotte, NC

Tracking began .

Best APY (ZIP 10001)4.00%7 months, $100,000 min
vs. Treasury−0.43%same-term Treasury 4.43%
vs. national average2.9×FDIC national average 1.39%
After inflation0.26%CPI 3.7% year over year
$10,000 earns$232over 7 months, before tax

Rates by location

Bank of America prices some CDs by ZIP code. We check one ZIP in each state where it has branches.

Best Bank of America CD rate by ZIP code
LocationZIPBest termBest APY
New York, NY100017 months4.00%
Dallas, TX752017 months4.00%
San Francisco, CA941057 months4.00%

Bank of America CD rates in New York, NY

Personal CD quotes come from the official regional rate sheet returned for each ZIP checked. Business, IRA-only and renewal-only products are excluded.

Bank of America CD rates for ZIP 10001
TermProductMinimumAPYvs. Treasury
28 days Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.10%
90 days Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 3.00%Verified October 22, 2026 −1.29%
6 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.37%
7 months Featured CD & IRA CD Promotional $100,000same APY in 2 balance tiers 4.00%Verified October 22, 2026 −0.43%
7 months Featured CD & IRA CD Promotional $1,000same APY in 2 balance tiers 3.75%Verified October 22, 2026 −0.68%
10 months Featured CD & IRA CD Promotional $1,000same APY in 4 balance tiers 2.95%Verified October 22, 2026 −1.56%
12 months Flexible CD & IRA CD Promotional $100,000same APY in 2 balance tiers 3.65%Verified October 22, 2026 −0.92%
12 months Flexible CD & IRA CD Promotional $1,000same APY in 2 balance tiers 3.15%Verified October 22, 2026 −1.42%
12 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.54%
13 months Featured CD & IRA CD Promotional $1,000same APY in 4 balance tiers 2.00%Verified October 22, 2026 −2.60%
18 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.69%
24 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.84%
25 months Featured CD & IRA CD Promotional $1,000same APY in 4 balance tiers 1.75%Verified October 22, 2026 −3.12%
36 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.92%
37 months Featured CD & IRA CD Promotional $1,000same APY in 4 balance tiers 0.11%Verified October 22, 2026 −4.84%
48 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.95%
60 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −4.98%
120 months Fixed Term CD & IRA CD $1,000same APY in 3 balance tiers 0.03%Verified October 22, 2026 −5.17%

APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.

Watch the renewal rate

The best promotional rate here is 4.00% APY (7 months). The standard rate for a similar term is 0.03% APY (6 months). If the CD renews at the standard rate when it matures, $10,000 would earn about $397 less per year. Check the account terms and set a reminder before maturity.

Calculate the cost of auto-renewal

What are Bank of America's best CD rates by term?

Bank of America's best rate for ZIP 10001 is 4.00% APY on 7 months, verified October 22, 2026.

  1. 28 days0.03%
  2. 90 days3.00%
  3. 6 mo0.03%
  4. 7 mo4.00%
  5. 10 mo2.95%
  6. 12 mo3.65%
  7. 13 mo2.00%
  8. 18 mo0.03%
  9. 24 mo0.03%
  10. 25 mo1.75%
  11. 36 mo0.03%
  12. 37 mo0.11%
  13. 48 mo0.03%
  14. 60 mo0.03%
  15. 120 mo0.03%

Calculate earnings at 4.00% for 7 months

How much interest could a Bank of America CD earn?

Estimated interest at maturity for the displayed ZIP 10001 quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.

Estimated CD interest at maturity — conditional on quoted APY eligibility
Term$5,000$10,000$25,000$50,000
6 months$0.750.03% APY · Fixed Term CD & IRA CD · Standard$1.500.03% APY · Fixed Term CD & IRA CD · Standard$3.760.03% APY · Fixed Term CD & IRA CD · Standard$7.520.03% APY · Fixed Term CD & IRA CD · Standard
7 months$108.583.75% APY · Featured CD & IRA CD · Promotional$217.163.75% APY · Featured CD & IRA CD · Promotional$542.893.75% APY · Featured CD & IRA CD · Promotional$1,085.783.75% APY · Featured CD & IRA CD · Promotional
12 months$157.503.15% APY · Flexible CD & IRA CD · Promotional$315.003.15% APY · Flexible CD & IRA CD · Promotional$787.503.15% APY · Flexible CD & IRA CD · Promotional$1,575.003.15% APY · Flexible CD & IRA CD · Promotional
18 months$2.250.03% APY · Fixed Term CD & IRA CD · Standard$4.500.03% APY · Fixed Term CD & IRA CD · Standard$11.260.03% APY · Fixed Term CD & IRA CD · Standard$22.520.03% APY · Fixed Term CD & IRA CD · Standard
24 months$3.000.03% APY · Fixed Term CD & IRA CD · Standard$6.000.03% APY · Fixed Term CD & IRA CD · Standard$15.000.03% APY · Fixed Term CD & IRA CD · Standard$30.000.03% APY · Fixed Term CD & IRA CD · Standard
60 months$7.500.03% APY · Fixed Term CD & IRA CD · Standard$15.010.03% APY · Fixed Term CD & IRA CD · Standard$37.520.03% APY · Fixed Term CD & IRA CD · Standard$75.050.03% APY · Fixed Term CD & IRA CD · Standard

How Bank of America compares

Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 213-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.

This quote ranks 6 of 16 tracked institutions with fresh 213-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.

Bank of America CD rate comparison
Institution / benchmarkTermMinimumQuote coverageAPYVerified / source date
Bank of America (this institution)Featured CD & IRA CD · Promotional7 months$100,000 New York, NY · ZIP 100014.00%October 22, 2026
Wells Fargo7 month Special Fixed Rate CD - Relationship · Relationship7 months$5,000 New York, NY · ZIP 100014.10%October 22, 2026
PNC BankPNC Fixed Rate CD · Promotional7 months$1,000 New York, NY · ZIP 100014.00%October 22, 2026
EverBankEverBank Performance® CDs · Standard7 monthsNot stated Nationwide; check eligibility3.60%October 22, 2026
Consumers Credit Union (highest tracked APY for this term)Super Jumbo Certificate · Promotional7 months$250,000 Coverage: IL4.45%October 22, 2026
Treasury (APY-equivalent)7 months (term-matched estimate)Depends on purchase methodFederal; interest exempt from state income tax4.43%2026-10-21

Rate changes

See changes across all tracked institutions

No changes since we started tracking Bank of America on October 22, 2026.

About Bank of America

Legal name
Bank of America, National Association
Regulator ID
FDIC 3510
Headquarters
Charlotte, NC
Available in
AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI
Total assets
$2,654.6 billion
Also known as
BofA, BoA
Website
www.bankofamerica.com

Source: rates read from https://www.bankofamerica.com/deposits/bank-account-interest-rates/. See the page text we read.

Frequently asked questions

What is the highest CD rate at Bank of America?

4.00% APY on a 7-month promotional CD for ZIP 10001, as of October 22, 2026.

What is the minimum deposit for a Bank of America CD?

The lowest minimum we found is $1,000; jumbo and higher balance tiers start at up to $1,000,000.

Do Bank of America CD rates depend on where you live?

Rates may depend on location. The best rate was 4.00% APY in all 3 ZIP codes checked.

How does Bank of America's best CD rate compare with Treasury yields?

4.00% APY is −0.43% versus the 7-month Treasury yield of 4.43% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.

Is 4.00% a good CD rate?

It is 2.9 times the FDIC national average for a similar term (1.39% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.

Are Bank of America CDs insured?

Bank of America is an FDIC-insured bank (FDIC 3510). Deposits are insured up to $250,000 per depositor, per ownership category.

How often is this page updated?

We check Bank of America's rate page every day. The rates above were last verified on October 22, 2026.

More bank CD rates

Rates are copied from Bank of America's website and may change at any time. Confirm terms, minimums and eligibility with Bank of America before opening an account. This page is not financial advice.