Bank of America
13 followers

Bank of America 1 Year IRA CD Rates


Type Fixed
Rate 0.05%
Currency USD

Website: http://www.bankofamerica.com

Authority: Bank of America is a major US chartered national bank with its deposits FDIC insured. It has a large presence across the United States with a presence of 6104 branches in 36 states according to the FDIC website in 2011. Its historical ties are from 1904 and has one of the largest ATM networks in the country. 

How to open a Bank of America an IRA Certificate of Deposit:

- You can apply directly online at the bank website: http://www.bankofamerica.com

- You may also visit a Bank of America branch which you can find your nearest location by searchong on their website by address, zip code, city or state.

What information you may require to open a US BofA IRA Certificate of Deposit:

- This may include but not limited to a social security number, date of birth, a home address, email. Please note that If you do not have these (or are a non Bank of America customer) you may have to go visit a BofA branch to open a Traditional, Roth IRA or Rollover IRA in person.

Information to consider when opening Bank of America 1 Year IRA CD Rates:

This is a short dated security and like standard CD rates they are influenced by a number of factors including the feds fund rate, bank funding and liquidity requirements and competition for deposits etc.

This IRA interest rate is for a term between 1 year to 17 months and is under the 'Standard CD/IRA Products ' section on the bank website. It was calculated for the State of California and requires a minimum of $1000. 


The rate of 0.05% is 1.29% lower than the average 1.34%. Also it is 2.55 % lower than the highest rate 2.60 Updated Aug, 2019

on Bank of America's secure website

Website: http://www.bankofamerica.com

Authority: Bank of America is a major US chartered national bank with its deposits FDIC insured. It has a large presence across the United States with a presence of 6104 branches in 36 states according to the FDIC website in 2011. Its historical ties are from 1904 and has one of the largest ATM networks in the country. 

How to open a Bank of America an IRA Certificate of Deposit:

- You can apply directly online at the bank website: http://www.bankofamerica.com

- You may also visit a Bank of America branch which you can find your nearest location by searchong on their website by address, zip code, city or state.

What information you may require to open a US BofA IRA Certificate of Deposit:

- This may include but not limited to a social security number, date of birth, a home address, email. Please note that If you do not have these (or are a non Bank of America customer) you may have to go visit a BofA branch to open a Traditional, Roth IRA or Rollover IRA in person.

Information to consider when opening Bank of America 1 Year IRA CD Rates:

This is a short dated security and like standard CD rates they are influenced by a number of factors including the feds fund rate, bank funding and liquidity requirements and competition for deposits etc.

This IRA interest rate is for a term between 1 year to 17 months and is under the 'Standard CD/IRA Products ' section on the bank website. It was calculated for the State of California and requires a minimum of $1000. 


The rate of 0.05% is 1.29% lower than the average 1.34%. Also it is 2.55 % lower than the highest rate 2.60 Updated Aug, 2019

on Bank of America's secure website

Type Fixed
Rate 0.05%
Currency USD

Compare Bank of America Deposit rates

Account Name Rate
Bank of America 8 Year CD Rates 0.75%
Bank of America 9 Year CD Rates 0.75%
Bank of America 7 Year CD Rates 0.75%

Compare 1 year rates in United States

Account Name Rate
BOI USA 1 Year CD Rate 2.60%
Sallie Mae 1 Year CD Rates 2.55%
Bank of Baroda 1 Year CD Deposit Rate 2.55%

Bank Of America Discussion

  • Q: what is highest ira cd rate offered by BOA

    Reply albert from Washington, United States
  • Q: What are your IRA interest rates currently?

    Reply Pat from Bellaire, United States
  • Q: I had the VP of Oakwood, GA BofA fax paperwork to close out my deceased Mother's IRA on Feb. 28th and had the death certificate sent as well. I went ahead and resubmitted all of this info over 1 week ago. The IRA was going to be deposited into the checking acct. Why am I getting the run around? I also was not told about this IRA and found it in my Mother's bank statement. Your bank didn't inform me and I am co owner since last year and I think that is highly unethical. Please tell me why the long wait + 30 days as of tomorrow!!!!

    Reply Sherrie Kelly from Gainesville, United States
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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 bank 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