News

Bank of America is set to close accounts deemed 'abandoned' starting April, impacting millions. Accounts inactive for three years face closure, aligning with state escheatment laws. Customers must ...
Bank of America, a preferred choice for many Americans, has issued a warning regarding the closure of certain accounts. This move could impact numerous customers, especially those with inactive ...
Bank of America warns it may cancel accounts that aren’t active. ... “We encourage you to log in and check your balances regularly to keep your accounts active,” the bank’s website reads.
Bank of America customers report account outages, some seeing balances of $0 The peak of outages was at around 1 p.m., according to Downdetector. Some customers reported problems accessing their ...
Bank of America savings account options. Bank of America has just one savings account: Advantage Savings. The base APY is 0.01%, but if you’re eligible and enroll in the Preferred Rewards ...
Bank of America offers three types of CDs: a featured CD account, a fixed-term CD account and a flexible CD account. The rates range from .03% to 5.15%. Terms are for seven months to 10 years for ...
A spokesperson for Bank of America confirmed to PIX11 that this is not a new policy. “There has been no announcement, no warning, no changes at Bank of America.
"Five accounts show zero balance, over 20K," one Bank of America customer on Downdetector wrote. Another said he can't log in but his wife can and her accounts display no balance. "Shows my debt ...
To avoid triggering escheatment procedures, the bank urges customers to stay engaged with their accounts. "We encourage you to log in and check your balances regularly to keep your accounts active ...
Bank of America's savings accounts have APYs ranging from 0.01% to 0.04%. The national average APY is 0.38%, and many high-yield savings accounts pay 4.00% or more. Opening a new savings account ...
If you move $5,000 from a Bank of America savings account to a high-yield savings account that earns a 3.00% APY, you can expect to have almost $150 more in your pocket after one year.