Bank of America currently has a special online CD promotion with a 4.75% APY rate and 4 month term. This certificate of deposit has a $5,000 minimum deposit, and is a limited time offer.

BofA also offers a risk free CD with a 9 month term and which allows you to withdraw funds prior to maturity without penalty. The minimum balance on this CD is also $5,000.

Bank of America is a well established brick and mortar bank, and if you already do most of your banking them it may be more convenient to stick with BofA.