Wachovia CD Rates

Posted by Compare CD Rates on 10/30/07 in Wachovia CD Rates

Wachovia’s current best CD rate is a 5.15% APY rate 4 month certificate of deposit. The minimum balance on this CD is $5,000. Their other rates are not as high, ranging from 3.31% to 4.61% APY on 3 to 24 month CDs. Wachovia Bank also offers IRA CDs with similar rates and terms.

They also offer a “Liquid CD” which allows you to make deposits of $500 or more up to a $250,000 maximum balance regardless of the term. In addition, you can withdraw amounts of $500 or more as long as you maintain the minimum balance. Rates for these liquid certificates range from 3.31 to 4.01% APY. Minimum deposit on these is also $5,000; a withdrawal below account minimum will result in a penalty.

del.icio.us tag this | permalink | trackback url

WaMu

1 Comment(s)

  1. CD Rates Blog | Nov 16, 2007 | Reply

    You will find many of the larger banks offering good short-term rates. This is mainly because they are having to hold on to a lot more of their mortgage loans.

    Typically, they offer a good short-term teaser rate and then hope to roll over your funds at a lower rate when the CD matures.

    When taking advantage of these short-term deals, make sure the process to move the funds at maturity is relatively painless.

    ChrisCD

Post a Comment