Bank of AmericaSavings accountChecked Oct 10, 2026Updated
Bank of America Advantage Savings
0.04%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $4 after fees
- Monthly fee
- $8 a month
- To open
- $100 to open
- On our list
- #170 of 234 savings accounts, by a year’s value on $10,000
Visit Bank of AmericaThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.04% | $0 |
| $5,000 | 0.04% | $2 |
| $10,000 | 0.04% | $4 |
| $25,000 | 0.04% | $10 |
| $50,000 | 0.04% | $20 |
| $100,000 | 0.04% | $40 |
Rates by balance
| Balance | APY |
|---|---|
| $0 to $4,999.99 | 0.04% |
| $2,500 to $99,999,999,999.98 | 0.03% |
| $5,000 to $9,999.99 | 0.04% |
| $10,000 to $25,000 | 0.04% |
| $25,000 to $50,000 | 0.04% |
| $50,000 to $100,000 | 0.04% |
| $100,000 to $500,000 | 0.04% |
| $500,000 to $2,500,000 | 0.04% |
| $2,500,000 to $10,000,000 | 0.04% |
| $10,000,000 to $100,000,000,000 | 0.04% |
Source: the bank’s rates · as of Oct 10, 2026
Rate conditions
Fees
- Monthly fee
- $8 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- For new accounts, we will waive the monthly maintenance fee for six months from account opening.
- Maintain a minimum daily balance of $500 or more in your account
- Own a Bank of America Advantage Relationship Banking® account
- An owner of this account is under the age of 25
- An account owner is enrolled in BofA Rewards and qualifies for the Preferred Plus, Preferred Honors, or Premier tier
- Minimum to open
- $100Source · checked Oct 10, 2026
- Overdraft fee
- NoneSource · checked Oct 10, 2026
- Returned item (NSF) fee
- NoneSource · checked Oct 10, 2026
- Out-of-network ATM fee
- $2.50Source · checked Oct 10, 2026
- International ATM fee
- $5Source · checked Oct 10, 2026
- Foreign transaction fee (debit card)
- 3%Source · checked Oct 10, 2026
- Incoming domestic wire
- $15Source · checked Oct 10, 2026
- Outgoing domestic wire
- $30Source · checked Oct 10, 2026
- Incoming international wire
- $15Source · checked Oct 10, 2026
- Outgoing international wire
- $45Source · checked Oct 10, 2026
- Stop payment
- $30Source · checked Oct 10, 2026
Who can open it
- Where
- Anywhere in the USSource · checked Oct 10, 2026
Features
Automatic savingsBranch accessInterest bearingMobile check depositNo overdraft feesOnline openingOverdraft protection transferSavings round upsSpending alerts
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money