Bank of America offers you a number of savings accounts to park your money. However, the yields offered by the big bank will do very little to help you Account name, Interest rate, APY, Minimum deposit. Minor Savings Account, ​%, %, $25 Advantage Savings, Platinum, %, %, $ A minor is an owner on this account. It can't be used for a Uniform Transfers to Minors Act/Uniform Gifts to Minors Act account where a custodian handles funds​. Bank of America Minor Savings Account. NerdWallet rating. Bank of America Bank of America Minor Savings Account. APY. %.

Bank of america minor savings account 0.03 apy -

Rates vary based on term length and deposit amount. Alerts Footnote Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. When you use your Bank of America debit card to buy coffee, clothes, magazines, groceries, and other products, the bank automatically rounds up the dollar amount and transfers the difference to your savings account. Bank of America's overall star rating is 3. However, the yields offered by BofA will do very little to help you grow your savings: The yields are lower than the national average and you can find many other options from other banks that will get you a bigger payout. Interest on balances for premium savings accounts.

Related Videos

Why I Closed My Savings Account... The scoring formulas take into account multiple data points for each financial product and service. To determine the best accounts, we took a close look at 70 financial institutions, including the largest U. APY 0. APY 1. You're looking for a new savings account and Bank of America is the destination that you're considering.