Bank of america has an offer to open a CD and get a 4.11 APY. Is it something worth getting into ? Or a scam?

Question

Bank of america has an offer to open a CD and get a 4.11 APY. Is it something worth getting into ? Or a scam?

Answer 1

4.11% ????  And you don't already have a savings account that pays this or more?  Go shopping for a new bank.  Or, many Canadian banks are paying over 5% for online savings accounts.

Answer 2

no big deal.

Answer 3

Read the fine print. I really doubt if one of the biggest banks in the country is a scammer.

Answer 4

i doubt it's a scam if it's from bank of america...but before doing anything read the contract that they have in place