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Bank of America, National Association's rate for a $50,000 home equity line of credit beats the Top 10 Banks average by up to 27% earning a Datatrac Great Rate Award and saving you as much as $3,366 over 3 years.

Datatrac Great Rate Award
Certified to save you money
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Bank of America, National Association - Home Equity - LOC 4.00% APR2
Top 10 Banks Market Average - Home Equity - LOC 5.45% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 275,398 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.

  1. $1,167 is the difference between the amount paid in interest between Bank of America, National Association's rate at 4.00% APR compared to 5.45% APR for the Top 10 Banks market average on a $50,000 home equity line of credit over 3 years.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Bank of America, National Association directly with any questions regarding their current rates and terms.