Bank of America offers financial services through 4, 500 branch offices that is, in fact, 10% less than the number of Chase branches and approximately 16,000 ATMs providing convenience for people in 37 states and the District of Columbia. Along with its well – established online banking system, Bank of America offers an impressive mix of banking, investing, asset management and many other financial products and services.
For those looking for high earning interest, Bank of America has many more opportunities to offer. For example, opening a standard savings account, the bank sets 0.03% APY on all balances that is 0,02% more compared to Chase. In terms of its CD rates, the same case is observed. While starting a standard term CD account, Bank of America offers 0,03 – 0,75% APY depending on term and balance which is higher than Chase’s rate, anyway.
The variety of credit cards specially designed to satisfy every customer’s needs is one of the perks while cooperating with Bank of America. Taking into account your preferences, the bank offers cash back credit cards, zero percent credit cards, airline credit cards, student credit cards, low – interest credit cards etc. So, depending on your need, you are certain to find the right card fulfilling your requirements.