Thursday, December 4, 2008

Wachovia CD, Money Fund and Way2Save Interest Rates

Current CD rates and terms at Wachovia Bank. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

==> " CD Rates at Wachovia Bank " as of 12/04/08 <==
Term Rate APY
7 Month CD 2.57% 2.60% $5,000 Min
12 Month CD 3.54% 3.60% $5,000 Min
12/04/08: High Performance Money Market pays 3.25% on $10,000 min balance.

Other Fixed Rate CDs as of 12/04/08

Interest Rate APY
-----------------
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3 Months 1.00% 1.01%
6 Months 1.14% 1.15%
9 Months 1.24% 1.25%
12 Months 1.34% 1.35%
18 Months 1.44% 1.45%
24 Months 1.54% 1.55%

Way2Save A new way to save: A new account that pays a high rate on a small amount of money. I've found it makes tracking your accounts a bit of a pain with all the extra $1 transfers every time you pay a bill with your checking account online or with the debit card. With the bonus, it is a very good way to save if you are a small saver with very high effective rates.

Way2Save
Way2Save



Way2Save Annual Percentage Yields
Year One Year Two Year Three
5.00% APY 2.00% APY 2.00% APY


Way2Save Annual Bonus note 2
Year One Year Two Year Three
5% of the eligible balance, up to $300 2% of the eligible balance, up to $300 2% of the eligible balance, up to $300