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By: Ikedi Ani-okoye

Bank of America Savings Account Interest Rate

If you haven't heard of them, bank of America is one of the biggest financial institutions in the United States of America. The size of the bank, means bank of America savings account interest can be very good. It makes them secure, and you can get maximum returns. You can see some other examples, or some other interest rates from years gone by. For up-to-date rates you need to check their website.

In order to have a savings account, with bank of America, you need to have a minimum balance of $300 per day. The rate of interest will be 0.1% and there is no need to pay maintenance, if you stay above the minimum balance. There is also very good Internet banking services. If you don't maintain a minimum balance, you will be charged.

You can also open up an account with certificates of deposit. The interest rate on these is 1% for a 18 month. To get more detailed information, you can surf the Internet. You can also find the checking account and bank of America savings account interest rates and their bond rates at their website.

Bank of America, also offer mortgage loans, so that you can purchase your home or refinance it. If you visit the website, you can find all the rates, available, based on the mortgage loan that you take out and the location and the amount.