Saving

The right savings plan is the one that works for you

Taking your savings to the next level can be the key to unlocking new opportunities. Create a saving strategy you can feel confident about with resources from Bank of America.

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Start saving Your savings journey starts here

There are many ways to save money. The key is finding a savings account that meets your needs today while keeping your goals front and center.

  • Calculate your timing

    Use the savings calculator to see how long it’ll take to make your goal a reality.

  • Save consistently

    Set up automatic transfers and put money into your savings every month.

Save for the short term

If you’re focused on short-term goals, like a vacation, wedding or a down payment for a house, these products and tools can help.
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Interested in higher interest rates?

A certificate of deposit (CD) is a great way to save as interest rates are generally higher than savings accounts.

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Understand your savings options

When it comes to CDs and savings accounts, your timeline makes all the difference.

Make a plan to reach your goals

The Bank of America Life Plan® tool1 is designed to help you work toward and track your goals with advice when you need it.

Phone with Life Plan goals

Build savings day-to-day

Make saving simple

Saving doesn’t have to be a big undertaking. Our budgeting apps, tools and programs can make it easy.

Keep the Change®2

Rounding up debit card purchases and putting the change into your enrolled savings adds up fast.

Use your cash back

With BankAmeriDeals®3 you can redeem cash back directly into your savings account.