Bank of America is currently running a certificate of deposit promotion called the “high yield CD” with a short 4 month term and a 5.10% APY rate. This CD must be opened online, and has a $5,000 minimum. Bank of America also offers a “risk free CD” which has a 4.85 APY and allows you to withdraw money prior to the maturity date.

These aren’t necessarily the best CD rates available, but they are still pretty high for a traditional brick and mortar bank. If you already do your banking with Bank of America, it might make sense to open a CD with them for convenience.