Bank of America vs Western Alliance Bank

	Bank of America	Western Alliance Bank
	Member FDIC	Member FDIC
	Learn More	Visit Site
	OFFER Bank of America Advantage Banking - Up to $500 Cash Offer Read Bank of America Review	SPECIAL OFFER High-Yield Savings Premier - 3.80% APY Read Western Alliance Bank Review
	Benefits and Features
Savings	Bank of America Advantage Savings Standard Rate: 0.04% APY	High-Yield Savings Premier: 3.80% APY
CD	7-Month CD - 3.75% APY 10-Month CD - 2.95% APY 13-Month CD - 2.00% APY 25-Month CD - 1.75% APY 37-Month CD - 0.11% APY 1-Month CD - 0.03% APY 120-Month CD - 0.03% APY	Up to 4.20% APY; 1-12 month term CDs. $1 minimum deposit.
Checking		Personal Checking, Personal Interest Checking
Mobile App	iOS & Android
ATMs	Approximately 15,000+ ATMs
Customer Service	Monday -Friday: 8AM - 9PM ET Saturday: 9AM - 6PM ET Sunday: 8AM - 5PM ET
IRA CD
Locations	3,700 financial centers	35 locations
	CreditDonkey® Reviews

Savings
CD
Fees
Mobile App
Customer Service
Pros & Cons		Pros: High APY No account activity or maintenance fees Cons: No debit card or checks
Bottom Line	Read full review	Solid bank that offers high APY savings products with a fully digital experience... Read full review
	Learn More	Visit Site
		High Yield Savings Account - 3.80% APY High-Yield CD Rates - Up to 4.20% APY 3-Month High-Yield CD - 4.20% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Bank of America: Pricing information from published website as of 09/17/2026 based on 91107 zip code. Western Alliance Bank: Information sourced from the published website as of 08/26/2026.

Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

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Expires 1/31/2027

The up to $500 cash offer must be opened through the Bank of America promotional page.
The offer is for new checking customers only.
Offer expires 01/31/2027.
To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days of account opening.

Cash Bonus Total Direct Deposits

$100 $2,000

$300 $5,000

$500 $10,000+
After the Deposit Period ends, and once you satisfy all the requirements, we will attempt to deposit the earned bonus directly into your new eligible personal checking account within sixty (60) days. The new eligible personal checking account must be open and in good standing up to and including the date any earned bonus is paid.
Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
Additional terms and conditions apply. See offer page for more details.
*A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
Bank of America, N.A. Member FDIC

Cash Bonus	Total Direct Deposits
$100	$2,000
$300	$5,000
$500	$10,000+

High-Yield Savings Premier - 3.80% APY

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No account fees
Option to open individual or joint account
FDIC insured up to $250,000 per depositor
Only $500 minimum opening deposit

The annual percentage yield (APY) is accurate as of January 8, 2026 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC