Bank of America Savings Account Rates for October 2024
CNET Money reports that Bank of America has updated its savings account rates. The bank's APY (Annual Percentage Yield) for its online savings account stands at a relatively low 0.03%. This news comes as no surprise, given the current economic landscape and the industry-wide trend of decreasing interest rates.
For those seeking financial wellness, this information may serve as a reminder to explore alternative options or consider other investment opportunities. Toni Husbands, a staff writer with CNET Money, has shared her personal experience paying off debt and offers relatable advice on achieving financial freedom.
Source: https://www.cnet.com/personal-finance/bank-of-america-savings-account-rates/#ftag=CAD590a51e