Bank of America, is offering 0.45% APY on CDs for the 12 month term with a minimum deposit of $10,000.
The bank has decreased its CD rate from its previous 0.50% APY to 0.45%. However, this interest rate is better than other large banks which pay 0.30% on an average. The highest available CD rate for the 12 month period is offered by AloStar Bank of Commerce, which pays 1.11% APY.
