centerra apartments san jose

Fraud Prevention Reminder: Old National will never call, text or email you asking for personal information such as Online Banking credentials (passwords, etc.), Social Security Number, debit card number or PIN. If you have reason to doubt the validity of a call, email or text from Old National, please call us directly at 1-800-731-2265. Your safety is our priority.

It looks like you are not the account holder. If a Citi account holder wants to grant you access to their account information, visit the Citi Developer Portal to try our APIs and contact our Open Banking Business Development Team

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.

HSBC Global Money Account the closest bank of america around here a prepaid, multi-currency account available on our the HSBC Mobile Banking App for customers who maintain an HSBC consumer deposit account.

Data rate charges from your service provider may apply.  HSBC Bank USA, N.A. is not responsible for these charges.  Camera-in device required to be able to utilize HSBC Mobile Check Deposit. Deposit the closest bank of america around here limits may apply.  HSBC Mobile Banking App is available for iPhone®, iPad®, Android^TM devices and must be downloaded from the App Store^SM or Google Play^TM.

iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.

Android and Google Play are trademarks of Google LLC.

App Store is a service mark of Apple Inc.

United States persons are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons should consult a tax the closest bank of america around here for more information.

HSBC commissioned this article as part of our Beyond Banking initiative.  While HSBC is pleased to offer this Beyond Banking article as an educational service to our customers, HSBC does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in this article.  Any opinions, judgments, advice, statements, services, offers or other information presented within a Beyond Banking article are those of a third party and not HSBC.

For clients located outside of the U.S. - Our products and services are not specifically directed at individuals located in the European Union. Our U.S. representatives, as well as our public website, us.hsbc.com, provide products and services governed by U.S. laws and regulations. Our products and services, as well as their specific terms and conditions, are subject to change and may not be available in all territories or to all customers. If you are not located in the U.S., the the closest bank of america around here and regulations of your country of residence could affect the offering, negotiation, discussion, provision, and/or use of HSBC U.S. products and services. If you are not a U.S. resident, please read the specific cross-border product and service disclaimers, the closest bank of america around here are available on the Cross Border Disclosure page of our public website at www.us.hsbc.com/crossborder.

U.S. Bank, U.S. Bancorp Investments and their representatives do not provide tax or legal advice. Each individual's tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

For U.S. Bancorp Investments:

Investment products and services are available through U.S. Bancorp Investments, the marketing name for U.S. Bancorp Investments, Inc., an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.

For U.S. Bank:

U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments.

Mortgage and home equity products are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.

The creditor and issuer of U.S. Bank credit cards is U.S. Bank National Association, pursuant to separate licenses from Visa U.S.A. Inc., MasterCard International Inc. and American Express. American Express is a federally registered service mark of American Express.

Equal Housing Lender

Bank of America’s Featured CD accounts come in five CD terms, ranging from seven months to 37 months. The bank’s CD rates tend to be much lower than the best CD rates from online banks: It offers a rate of 0.05% APY for all balances and terms on its Featured CDs, with a minimum opening deposit of $10,000.

Bank of America also offers Standard Term CDs, which allow you to choose any term from 28 days to 10 years. Standard Term CDs have a minimum deposit of $1,000 and offer 0.03% APY on all terms and balances.

Here’s an overview of Bank of America’s CD rates. This article focuses on Bank of America’s Featured CDs, which offer a higher APY and require a higher minimum deposit. Rates are accurate as of Nov. 28, 2021.

Overview of Bank of America CDs

Bank of America’s Featured CDs require a minimum opening balance of $10,000, which is relatively high, considering the low rates that this bank pays. Many other banks pay higher APYs while requiring a lower minimum deposit, or no minimum at all.

Notably, Bank of America’s Featured CDs come in odd terms, generally one month longer than what’s standard. For example, it offers a seven-month CD, whereas a six-month term is more common. Instead of a 12-month CD, it offers a 13-month CD.

Interest on the bank’s CDs is compounded monthly and credited to your account monthly. You can also choose to have interest disbursed at maturity or at certain intervals.

If you take your money out of the CD before the term is up, you’ll have to pay a penalty for early withdrawal. For CD terms of 90 days to 12 months, the early withdrawal penalty is 90 days’ worth of interest on the amount withdrawn. For CD terms of 12 to 60 months, the early withdrawal penalty is 180 days of interest on the amount withdrawn.

How Much Can You Earn With Bank of America’s CD Rates?

Because Bank of America’s CD rates are relatively low across terms, don’t expect much of a return. Here’s what you can earn with Bank of America’s CDs with a $10,000 investment, assuming the earnings are compounded monthly:

How Bank of America’s CDs Compare

Bank of America’s CD yields are much lower than those of the best CD rates. This bank’s rates are also significantly lower than the national average CD rates, according to the FDIC.

You can find a better deal on CD rates than what Bank of America offers. Especially when you consider its minimum deposit requirement of $10,000, this bank’s CDs are nowhere near competitive—$10,000 is a big commitment in exchange for very little return.

This is an excellent reminder to shop around and do your research on CD rates. Your bank or banks in your immediate geographic area may not have the best CD rates, so consider online options as well. Compare rates from several banks and credit unions and see who can offer you the best deal so you can get the highest possible return on your investment.

About Bank of America

Bank of America is a full-service national bank with 240 years of history—it’s the second largest U.S. bank by assets. It offers 4,300 financial centers nationwide, an online banking platform and a highly rated mobile app. Bank of America provides personal, business and commercial banking products and services.

Frequently Asked Questions (FAQs)

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be cancelled or are subject to change at any time and cannot be combined with any other offer or discount.

HSBC Global Money Account is a prepaid, multi-currency account available on our the HSBC Mobile Banking App for customers who maintain an HSBC consumer deposit account.

Data rate charges from your service provider may apply.  HSBC Bank USA, N.A. is not responsible for these charges.  Camera-in device required to be able to utilize HSBC Mobile Check Deposit. Deposit amount limits may apply.  HSBC Mobile Banking App is available for iPhone®, iPad®, Android^TM devices and must be downloaded from the App Store^SM or Google Play^TM.

iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries.

Android and Google Play are trademarks of Google LLC.

App Store is a service mark of Apple Inc.

United States persons are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons should consult a tax adviser for more information.

HSBC commissioned this article as part of our Beyond Banking initiative.  While HSBC is pleased to offer this Beyond Banking article as an educational service to our customers, HSBC does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in this article.  Any opinions, judgments, advice, statements, services, offers or other information presented within a Beyond Banking article are those of a third party and not HSBC.

For clients located outside of the U.S. - Our products and services are not specifically directed at individuals located in the European Union. Our U.S. representatives, as well as our public website, us.hsbc.com, provide products and services governed by U.S. laws and regulations. Our products and services, as well as their specific terms and conditions, are subject to change and may not be available in all territories or to all customers. If you are not located in the U.S., the laws and regulations of your country of residence could affect the offering, negotiation, discussion, provision, and/or use of HSBC U.S. products and services. If you are not a U.S. resident, please read the specific cross-border product and service disclaimers, which are available on the Cross Border Disclosure page of our public website at www.us.hsbc.com/crossborder.

It looks like you are not the account holder. If a Citi account holder wants to grant you access to their account information, visit the Citi Developer Portal to try our APIs and contact our Open Banking Business Development Team

Fraud Prevention Reminder: Old National will never call, text or email you asking for personal information such as Online Banking credentials (passwords, etc.), Social Security Number, debit card number or PIN. If you have reason to doubt the validity of a call, email or text from Old National, please call us directly at 1-800-731-2265. Your safety is our priority.