Bank of America “Risk Free CD”
To receive the 2.00% rate you must deposit at least $10,000 of "new money", money not currently deposited at BofA. If you deposit less then $10,000 the rate is 1.75%. The minimum opening deposit for this CD is $5,000.
Bank of America's Risk Free CD policy.
"We waive the early withdrawal penalty after the first 6 days of the account term (or the first 6 days following any partial withdrawal), when you reinvest the amount withdrawn in any Bank of America deposit account. We may require at least 7 days' prior written notice of your intended withdrawal."
Bank of America 9 Month Risk Free CD Application
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