Western Alliance Bank vs Bank of America

Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Bank of America? Read our comparison chart below.

Western Alliance Bank offers high-yield savings products and CD accounts.

While Bank of America is one of the largest banks in the U.S. with approximately 3,700 locations and 15,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

Compare Western Alliance Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Member FDIC	Member FDIC
	Visit Site	Learn More
	Western Alliance Bank	Bank of America
	SPECIAL OFFER High-Yield Savings Premier - 3.80% APY Read Western Alliance Bank Review	OFFER Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer Read Bank of America Review
	Benefits and Features
Savings	High-Yield Savings Premier: 3.80% APY	Bank of America Advantage Savings Standard Rate: 0.01% APY
CD	Up to 3.00% APY; 2-12 month term CDs. $1 minimum deposit.	7-Month CD - 3.51% 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
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	35 locations	3,700 financial centers
	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	Solid bank that offers high APY savings products with a fully digital experience... Read full review	Read full review
	Visit Site	Learn More
	High Yield Savings Account - 3.80% APY High-Yield CD Rates - Up to 3.00% APY 12-Month High-Yield CD - 3.00% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 04/28/2026. Bank of America: Pricing information from published website as of 06/06/2026 based on 91107 zip code.

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

High Yield Savings Account - 3.80% APY

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on Raisin's Secure Website

• No fees
• $1 minimum deposit
• 24/7 online access
• FDIC insured

High-Yield CD Rates - Up to 3.00% APY

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on Raisin's Secure Website

• No fees
• $1 minimum deposit
• FDIC insured

Term	CD Rates
2 Month	3.00% APY
3 Month	3.00% APY
4 Month	3.00% APY
5 Month	3.00% APY
6 Month	3.00% APY
9 Month	3.00% APY
12 Month	3.00% APY

Member FDIC

Bank of America Advantage Plus Banking® - Up to $500 Bonus Offer

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• New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
• Bank of America N.A. Member FDIC.

Member FDIC

Bank of America Advantage Relationship Banking® - Up to $500 Bonus Offer

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• New checking customers only: Get a bonus offer up to $500 after completing qualifying transactions. See offer page for more details
• Bank of America N.A. Member FDIC.

Member FDIC

Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer

Learn More

• New checking customers only: Get a $100 bonus offer after completing qualifying transactions. See offer page for more details
• Bank of America N.A. Member FDIC.

Which is Better: Western Alliance Bank or Bank of America?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or CIT Bank.

Articles on Western Alliance Bank

Western Alliance Bank Review

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Articles on Bank of America

Bank of America Review

Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

• Bank of America vs Chase
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Bank of America Problems

Bank of America may be one of the biggest banks, but many customers find a lot of issues with their banking services. What are they? Keep reading.

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Bank of America CD Rates

Bank of America is one the biggest banks in the U.S. But are their CD rates worth it? Read on to find out.

• Bank of America vs USAA Bank

How to Close a Bank of America Account

Want to close your Bank of America account? Learn how and what you need to do before you close your account.

Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

Which Do You Think is Best?

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