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What Is Bank Of Americas Interest Rate For A Money Market Account

Highlights
Community Rating

Rating non all the same determined

APY (Annual Percentage Yield) Starting at 0.01%
APY Minimum Balance N/A
Minimum Opening Deposit N/A

Depository financial institution of America Money Market place Account Review

Banking concern of America Coin Market Account is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Banking company of America Money Market Business relationship is bachelor in 50 states (and Washington, DC).

Fundamental Takeaways

  • No APY minimum balance. There is no minimum corporeality you have to eolith to get-go earning interest with this money market account.

Pros & Cons of Banking company of America Coin Market Account

Pros Cons
  • Available in all l states.
  • Does not offer mobile check deposits.
  • No signup bonus.
  • Does not provide a debit card.
  • Not FDIC-insured.

Depository financial institution of America Coin Marketplace Account FAQ

Are money marketplace accounts from Bank of America federally insured?

Yes, your Bank of America coin marketplace accounts are insured upward to $250,000 per person past the Federal Eolith Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings clan fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for Bank of America money market account rates?

Bank of America money market account offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

Depository financial institution of America money market business relationship Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.01%

What are the fees for Bank of America Money Market Account?

Bank of America Coin Market Account does not accuse a monthly maintenance fee.

Banking company of America Money Market place Account Fees
Fees Amount
Monthly Fee $12
Newspaper Statement Fee N/A

What is the minimum balance for Banking company of America coin market business relationship?

No minimum initial eolith. Bank of America does not require a minimum initial deposit to open an account.

What features and perks does Bank of America money marketplace business relationship offering?

This account does not seem to offer any of the features and perks we track.

What is the back up contact e-mail?

The support contact email for this business concern credit bill of fare is customerservicealert@bankofamerica.com.

How do people charge per unit the client service and user experience?

Overall, this business credit card is strongly not recommended based on community reviews that rate client service and user experience.

How to open an account with Bank of America

  • Visit the Bank of America website.
  • Fill in the application form. You will typically need to provide general fiscal information, such equally your name, Social Security Number and address.
  • Check the information is accurate and submit your application.

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Message From Bank of America Coin Marketplace Account

Source: https://www.supermoney.com/reviews/money-market-accounts/bank-of-america-money-market

Posted by: pardonound1973.blogspot.com

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