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Comerica Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.comerica.com
800-266-3742
1717 Main St.
Dallas, TX 75201

Written by Jessica Merritt | Edited by Ali Cybulski | Published on 12/4/2024

Comerica Bank is a well-established regional bank with a presence in five states. The Dallas-based bank operates more than 400 locations in Arizona, California, Florida, Michigan and Texas.

Personal banking products include checking, savings and money market accounts, certificates of deposit (CDs), and debit and credit cards. Comerica Bank’s deposit accounts are backed by Federal Deposit Insurance Corp. (FDIC) and can be accessed online or in person at a branch.

Comerica offers four checking accounts. Access Checking requires a $50 minimum opening deposit and has a $13 monthly maintenance fee, which can be waived by maintaining a $1,000 daily balance.

Interest-earning checking accounts include Rich Rewards Checking, Premier Checking and Comerica Platinum Circle Checking. The Platinum Circle account has the highest annual percentage yield (APY), but the rate is still relatively low: 0.10% for balances of $50,000 or more and 0.05% for less than $50,000.

A better bet may be the High Yield Money Market Investment Account if you have at least $50,000. Balances of $500,000 or more earn 1.4% APY; $100,000 to $499,999 earn 1.0% APY; and $50,000 to $99,999 earn 0.25% APY. The account includes checks — write up to six free per statement cycle — and an ATM card.

With a Comerica Statement Savings Account, you must make a $50 minimum opening deposit and pay a monthly maintenance fee unless you qualify for a waiver. The bank provides six free monthly withdrawals and charges a $5 fee per withdrawal thereafter.

Comerica also offers fixed- and flexible-rate CDs. Fixed-rate CDs are available for terms of less than one year and one to 10 years, with APYs spanning from 0.03% to 0.20%. You must have a minimum opening deposit of $1,000 to open a CD.

Call 800-266-3742 to access 24/7 automated service or to speak to a representative from 8 a.m. to 9 p.m. Monday through Friday and from 8 a.m. to 5 p.m. Saturday.

Comerica Bank pros and cons

Pros:
• Many types of accounts available
• Variety of CD terms
• Checks and ATM card available with money market account

Cons:
• Low APYs on deposit accounts
• Monthly service fees, though waivers available
• Limited access to branches

Reviews (5)

HORRIBLE BANK MANAGER STAY FAR AWAY BURBANK COAMERICA

Posted by: |

HORRIBLE BANK MANAGER STAY FAR AWAY BURBANK COAMERICA

Armen Martirosyan HORRIBLE MANAGER SCAMMER STAY FAR AWAY HE WILLS SCREW YOU WITH NON STOP FEES AND HE WONT ASSIST YOU STAY FAR AWAY #scam #scammers #fraud #scammer #scamalert #scammersofinstagram #fake #scammeralert #spam #romancescams #fakeaccount #scams #money #covid #fraudster #instagram #fbi #socialmedia #antimlm #scamartist #beware #pyramidscheme #scammerofinstagram #fraudalert #donaldtrump #interpol #stopbeingnaive #fauxcompte #eu #blackmail

1

Complete DISREGARD For The Customer. Caveat Emptor! ??

Posted by: |

In early January 2024, in good-faith, opened, an account at this banking institution. Deposited $3500.00. $3K in a check and $500.00 in cash; no hold! ?? FAST FORWARD! Deposited another $3K in a check and $500.00 in cash; not at the branch where the account was opened; another. A hold was placed on the check and cash for 9-business-days; EXCESSIVE in 2024. NOTE: yes. The account is new; however, I contacted the local Credit Union where the funds were drawn from, and was informed, the check cleared; within 72 hrs.. I waited an additional 2-business-days and implored the Branch Manager to release the hold; REQUEST DENIED! ??

This bank requires its Depositors to, on-a-daily-basis, maintain a minimum of $1K in order to not be charged their absorbent fees of $14.00/month. RIDICULOUS! ?? I acquiesced to the high-fees under the impression that I would receive 1st Rate service; ha! ???? The jokes on me! It is the 9th-day and funds are still not released. ComErica is most certainly using my funds to pay their bills and prop up its stock. Yes. At my expense; DESPICABLE! ??

In just under five (5) weeks, I'm closing the account as soon as funds are released!
Good-riddance.

I do NOT recommend this bank; NOT at all! PLEASE do your research; thoroughly! Invest time in due-diligence; business with any bank or credit union that handles your hard-earned monie is serious business! You have been forewarned??

4

Garbage And Parasitic Company

Posted by: |

Both my child support and my son's ssi go into accounts by this company. I have been charged atm fees from co america at my moneypass atm consistently and it never says that it will on the atm screen. And, after winding my way through their ridiculous labyrinth of customer service menu, they never have an answer. Its been since last summer and they have yet to reemburse me. Now, I'm being charged nsf fees, which they didn't do before. The joke of an app says there's a bug so I can't use that. You get charged fees for calling customer service as well. My solution to this incompetance and outright thievery is to remove my money from this bank and get direct deposit into my local bank. I remember being told I would never be charged a fee on my child support account as long as I used atms in Illinois. Untrue. I hope you get replaced by a better bank asap.

3

Very Crooked Bank

Posted by: |

This bank will violate the law by freezing exempt funds even way over and above an illegal judgment in violation of both federal and state statutes. They will be your credit card lawyers best friend! Do NOT trust these people with your money especially if you’re a disabled senior.

4

Cascading Fees Even AFTER Settling A Class Action Suit

Posted by: |

The online banking is not reliable. I check my balance daily because this has happened so many times.

Login, look at account page. At the top it says pending transaction ARE reflected in balance. But this does not include overdraft fees. So basically you don't KNOW you need to move money into the account. So off you go thinking you are in the black, using your debit card, but then fees post and ANOTHER round of overdraft fees is added in.

They will not link to another Comerica account for overdraft protection, they only offer a credit card with Comerica and that has already settled a class action suit.

3


Health
B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #983
Year Established1849
Employees7581
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD12.5%
Annual Interest Income$3.95B
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$79.33B$85.9B
LoansQ4 2024vs Q4 2023$50.07B$51.66B
DepositsQ4 2024vs Q4 2023$65.2B$68.36B
Equity CapitalQ4 2024vs Q4 2023$6.13B$5.7B
Loan Loss AllowanceQ4 2024vs Q4 2023$690MM$688MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$335MM$189MM
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/19/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Comerica Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Comerica Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%†$1-Statement Savings Account
0.01%†$1-Small Business Savings
0.01%†$1-Commercial Business Savings

Comerica Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%*†$15k*-Promotional High Yield Money Market Investment Account - New Money
OTHER TIERS: 0.03% → $0 - $15k
2.10%*†$500k*-Premium Business Money Market
OTHER TIERS: 1.00% → $1 - $500k
1.65%*†$500k*-Comerica Platinum Circle High Yield Money Market
OTHER TIERS: 0.05% → $1 - $15k | 0.07% → $15k - $50k | 0.25% → $50k - $100k | 1.25% → $100k - $500k
1.00%*†$500k*-Small Business Money Market
OTHER TIERS: 0.50% → $1 - $500k
0.02%†$1-Money Market Investment Account

Comerica Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*†$50k*-Comerica Platinum Circle Checking
OTHER TIERS: 0.05% → $1 - $50k
0.01%†$1-Rich Rewards Checking
0.01%†$1-Premier Checking

Comerica Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%†$2.5k$10m180 Day Fixed Rate CD Special - New Money
3.50%†$2.5k$10m270 Day Fixed Rate CD Special - New Money
2.25%†$2.5k$10m12 Month Fixed Rate CD Special - New Money
0.45%†$1-5 Year CD w/ Comerica Platinum Circle Checking
0.45%†$1-6 Year CD w/ Comerica Platinum Circle Checking
0.45%†$1-7-10 Year CD w/ Comerica Platinum Circle Checking
0.40%†$1-3 Year CD w/ Comerica Platinum Circle Checking
0.40%†$1-4 Year CD w/ Comerica Platinum Circle Checking
0.35%†$1-1 Year CD w/ Comerica Platinum Circle Checking
0.35%†$1-2 Year CD w/ Comerica Platinum Circle Checking
0.35%†$1-5 Year CD w/ Premier Checking
0.35%†$1-6 Year CD w/ Premier Checking
0.35%†$1-7-10 Year CD w/ Premier Checking
0.30%†$1-180-364 Day CD w/ Comerica Platinum Circle Checking
0.30%†$1-3 Year CD w/ Premier Checking
0.30%†$1-4 Year CD w/ Premier Checking
0.30%†$1-5 Year CD w/ Rich Rewards Checking
0.30%†$1-6 Year CD w/ Rich Rewards Checking
0.30%†$1-7-10 Year CD w/ Rich Rewards Checking
0.25%*†$500k*-Business 5 Year Fixed Rate CD
OTHER TIERS: 0.20% → $1 - $500k
0.25%†$1-1 Year CD w/ Premier Checking
0.25%†$1-2 Year CD w/ Premier Checking
0.25%†$1-3 Year CD w/ Rich Rewards Checking
0.25%†$1-4 Year CD w/ Rich Rewards Checking
0.20%†$1-5 Year Fixed Rate CD
0.20%†$1-6 Year Fixed Rate CD
0.20%†$1-7-10 Year Fixed Rate CD
0.20%†$1-Business 6 Year Fixed Rate CD
0.20%†$1-Business 7-10 Year Fixed Rate CD
0.20%†$1-1 Year CD w/ Rich Rewards Checking
0.20%†$1-2 Year CD w/ Rich Rewards Checking
0.15%†$1-3 Year Fixed Rate CD
0.15%†$1-4 Year Fixed Rate CD
0.15%†$1-Business 3 Year Fixed Rate CD
0.15%†$1-Business 4 Year Fixed Rate CD
0.10%†$1-1 Year Fixed Rate CD
0.10%†$1-2 Year Fixed Rate CD
0.10%*†$2.5k*-1 Year Flexible Rate CD
OTHER TIERS: 0.05% → $1 - $2.5k
0.10%†$1-Business 1 Year Fixed Rate CD
0.10%*†$2.5k*-Business 1 Year Flexible Rate CD
OTHER TIERS: 0.05% → $1 - $2.5k
0.10%†$1-Business 2 Year Fixed Rate CD
0.05%†$1-180-364 Day Fixed Rate CD
0.05%†$1-Business 180-364 Day Fixed Rate CD
0.05%†$1-180-364 Day CD w/ Rich Rewards Checking
0.05%†$1-180-364 Day CD w/ Premier Checking
0.03%†$1-7-29 Day Fixed Rate CD
0.03%†$1-30-59 Day Fixed Rate CD
0.03%†$1-60-89 Day Fixed Rate CD
0.03%†$1-90-179 Day Fixed Rate CD
0.03%†$1-Business 7-29 Day Fixed Rate CD
0.03%†$1-Business 30-59 Day Fixed Rate CD
0.03%†$1-Business 60-89 Day Fixed Rate CD
0.03%†$1-Business 90-179 Day Fixed Rate CD
0.03%†$1-7-29 Day CD w/ Comerica Platinum Circle Checking
0.03%†$1-30-59 Day CD w/ Comerica Platinum Circle Checking
0.03%†$1-60-89 Day CD w/ Comerica Platinum Circle Checking
0.03%†$1-90-179 Day CD w/ Comerica Platinum Circle Checking
0.03%†$1-7-29 Day CD w/ Rich Rewards Checking
0.03%†$1-7-29 Day CD w/ Premier Checking
0.03%†$1-30-59 Day CD w/ Rich Rewards Checking
0.03%†$1-30-59 Day CD w/ Premier Checking
0.03%†$1-60-89 Day CD w/ Rich Rewards Checking
0.03%†$1-60-89 Day CD w/ Premier Checking
0.03%†$1-90-179 Day CD w/ Rich Rewards Checking
0.03%†$1-90-179 Day CD w/ Premier Checking

Comerica Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%†$500-5 Year Fixed Rate IRA
0.20%†$500-6 Year Fixed Rate IRA
0.20%†$500-7-10 Year Fixed Rate IRA
0.15%†$500-3 Year Fixed Rate IRA
0.15%†$500-4 Year Fixed Rate IRA
0.10%†$500-1 Year Fixed Rate IRA
0.10%*†$2.5k*-1 Year Flexible Rate IRA
OTHER TIERS: 0.05% → $500 - $2.5k
0.10%†$500-2 Year Fixed Rate IRA
0.05%†$500-180-364 Day Fixed Rate IRA
0.03%†$500-7-29 Day Fixed Rate IRA
0.03%†$500-30-59 Day Fixed Rate IRA
0.03%†$500-60-89 Day Fixed Rate IRA
0.03%†$500-90-179 Day Fixed Rate IRA
Locations

Availability

Dallas Area

Interactive local rates map


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