Bank of America is paying 0.60% APY on 12 month CDs. This featured CD can be purchased on a minimum deposit of $10,000.
This rate is available when purchases are made online. The rate drops to 0.45% APY if you buy the certificate of deposit from a branch.
The current annual yield on an average for 12 month CDs is 0.70% APY, but Bank of America’s rate doesn’t beat this.