Bank of America Paying 1.11% APY on 60 Month CDs

Bank of America is paying 1.11% APY on its 60 month CDs. For this, you will have to make a deposit of $1,000.

The bank also offers a featured CD with which it pays 0.50% APY. It requires you to make a minimum deposit of $10,000 to avail the rate, which is offered only to those who purchase the certificates of deposit online. If you buy it offline, you will get 0.35% APY.