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Does Bank of America offer a high yield checking account?

Updated: 9/10/2019
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13y ago

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Bank of America offers a high yield checking account. They call the account an advantage with tiered interest checking account. The idea behind the account is to leave a lot of money in there for it to gain interest.

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Q: Does Bank of America offer a high yield checking account?
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Related questions

What bank has a High Yield Checking account with no fees?

Making your money work for you is a key to wealth. Bank of America has a great High Yield Checking account.


Where can I find a good high yield checking account online?

Many banks offer competitve rates for high yield checking accounts these days. You can try Bank of America, Wells Fargo, and also Chase bank.


What are some benefits of a high yield checking account?

A high yield checking account will allow you to make more interest off of your money provided that you have enough money invested to qualify for a high yield account.


Does Bank of America offer any high yield interest accounts?

The best interest rates you'll get from Bank of America are in their CD's and their money market accounts. Money Market Accounts work like a checking account, but pay a higher interest rate.


Are there any banks that offer a high yield savings account?

There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.


Where can one compare high yield checking account services?

One can compare high yield checking account services at their local bank or at a different branch to see the best deal for their specific needs on the right account.


Which banks offer access to one's checking account online for free?

Almost all banks offer free online bill pay. Some of the banks that offer it are Bank of Internet USA, Clear Sky Accounts, Century Bank Direct, Ally Bank, Yield Bank, State Farm and ING Direct. Most banks require you to have a checking account to be able to access the free online bill pay.


Where can I find a nationally available online checking account that offers interest payments?

They have a list of them here http://www.moolanomy.com/1733/best-high-yield-online-checking-account-rates/


Does U.S. Bank offer any high yield savings accounts?

U.S. Bank does not currently have any high interest savings account. The highest paying account the bank currently has is 0.85% in a money market savings account. The highest yield available at US Bank (for a savings account) is the Package Money Market Savings account with yields up to 0.85%. This account must be opened with a US Bank Silver, Gold or Platinum checking account.


Which Canadian banks offer high interest checking accounts?

Schwab Bank is one of the highest Canadian banks that offer high interest checking accounts. As of March 13, 2013, their annual percentage yield is 0.10 percent.


Are there additional benefits to opening a high yield savings account?

Often times high yield savings accounts do not require a minimum balance. These accounts can also be set up in addition to an already existing checking account you may already have which makes it easy to transfer funds.


How does one qualify for a high yield checking account?

"This depends soley on the bank that you are looking to open a high yield checking account with. Some banks only require as little as proof of identification and being at least 18 years of age. However, some banks require minimum balances, service fees, and membership fees. It would be best to inquire at your bank of choice."