Commissions do not affect our editors' opinions or evaluations. Bank of America wants to welcome you as a new customer—with $300 cash when you open a personal checking account, and even more ...

Bank of America’s HELOC stands out for offering multiple types of rate discounts, especially for current Bank of America customers. Its fixed-rate option can help keep payments predictable.

You can open a Bank of America CD in person, online or over the phone. If you plan on making an initial deposit of $250,000 or more, you’ll need to visit a branch in person to open your account.

An ARM might make sense if you plan to sell your home (or refinance) before the rate resets. Bank of America offers an online application that lets you begin the mortgage process from anywhere.