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Business Interest Maximizer - Competitive Yield Savings Account

 
  • Earn interest on excess funds without locking into a fixed term
  • No monthly maintenance fee when paired with Business Advantage solution
  • Link to the Business Advantage solution and use your combined balances to waive the monthly checking fee2
  • Help avoid the inconvenience of overdrafts by enrolling in Overdraft Protection3
  • Convenient access to your funds whenever you need them

0.02 - 0.04%APY1

See Rates & Fees for current interest rate information

Business Interest Maximizer™ Savings Interest Rate APY1
Less than $10,000 0.02% 0.02%
$10,000 - $24,999 0.02% 0.02%
$25,000 - $49,999 0.02% 0.02%
$50,000 - $99,999 0.03% 0.03%
$100,000 - $249,999 0.03% 0.03%
$250,000 - $499,999 0.03% 0.03%
$500,000 - $2,499,999 0.04% 0.04%
$2,500,000 and over 0.04% 0.04%
 

Or waive the monthly fee by meeting one of the following requirements:

 
  • Maintain a $5,000 minimum daily balance
  • Include the Business Interest Maximizer™ as part of a Business Advantage solution

Link Business Interest Maximizer™ to the Business Advantage solution and use your combined balances to waive the monthly checking fee

Earn interest on your balances while maintaining full access to your funds with a Bank of America business savings account. Whether you have a small business and are looking to grow your savings or are an established company with a large balance, Bank of America has a savings account that is sure to work for your business. In addition to low maintenance fees and healthy interest rates, all business savings accounts come with standard benefits, including online banking features.

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Good for you if

You have an established business with larger balances You have a growing business and you're looking to build savings
Annual Percentage Yield 0.02 - 0.04% 0.02%  $100 minimum deposit
Benefits Earn interest without locking into a term while maintaining fast access to your funds. No limit on daily deposits. Fees may apply. Write up to 3 checks per statement cycle. No limit on daily deposits. Fees may apply.
Monthly maintenance fee $15 

How can I have this fee waived?

$5 

How can I have this fee waived?

FDIC insured up to applicable limits X X
Small Business Online Banking X X
Overdraft Protection X X
Included in a checking solution X

Yes, can be included with Business Advantage

X

Yes, can be included with Business Fundamentals®

Small Business Online Banking allows you to access information for multiple accounts, view current daily balances, get detailed transaction reports, and perform a wide range of other essential banking services.

Overdraft Protection enables you to link a business checking account to a business savings account to cover any overdrafts that may occur in your checking account. Funds are automatically transferred from your savings account when the overdraft occurs.

An overdraft transfer fee will be applied to most Overdraft Protection transactions.


Category: Savings

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