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Current CD rates and terms at Wachovia Bank. You can often get higher than advertised rates at your local Wachovia Bank branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the rates advertised on your Wachovia's competing web sites so you have proof.                                  
        
==> " CD Rates at Wachovia Bank " as of 8/28/09 <==
   Term       Rate    APY   Minimum
11 Month CD   0.75%  0.75%  $5,000
14 Month CD   1.00%  1.01%  $5,000
19 Month CD   1.49%  1.50%  $5,000
Checking account required
Other Wachovia Fixed Rate CDs as of 8/28/09
$1,000 to $100,000+ APY
3 Months 0.30%
6 Months 0.55%
9 Months 0.55%
12 Months 0.80%
18 Months 0.80%
24 Months 0.95%




Contact Wachovia:
800-WACHOVIA
(800) 922-4684
24 hours, 7 days

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Wachovia 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.

Wachovia Way2Save Rate
Way2Save





















Way2Save Annual Percentage Yields

















Year One Year Two Year Three
5.00% APY 2.00% APY 2.00% APY
  
Wachovia Way2Save Annual Bonus 
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

8/28/09High Performance Money Market pays 0.10% on $10,000 min balance.
$100,000 to $249,999 get 0.45%

Rates and terms may change so read the fine print and make sure you get FDIC insurance!!!!

It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check after you close your CD. 

Definition: 
A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Definition:  A Liquid Certificate of Deposit gives you a CD rate that is usually better than most checking accounts while allowing more fluid access to your money.  That is you can take money out of the CD before it matures.  They usually pay higher rates than the offering bank's money market account but not the top rates of CDs held to the full term.  They are sort of "half and half" and thus offer rates that are inbetween the two.

Note 1:  Rates and terms may change at any time.  Contact the  bank for their current rates.

Note 2 Customers enrolled in the program earn a 5 percent annual bonus in year one, up to $300, and a 2 percent annual bonus in years two and three, up to $300. Bonuses are calculated on an annual basis for the first three years on eligible balances. The eligible balance is equal to the savings contributions for the current year (i.e., the sum of the $1 transfers and up to $1,200 of the recurring transfers) or the Way2Save® account balance, whichever is less.




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