Wachovia CD Rates
Wachovia Bank might be going through some rough times, but they are offering some great cd rates. Every month Wachovia has two featured CDs. This article will focus on these featured CDs and their Wachovia CD rates.
The two Wachovia CDs featured this month are its 7 month CD and its 12 month CD. Let’s start with the Wachovia 12 month CD because I feel that it has the best CD rates rates at Wachovia right now.
Wachovia 12 month CD
The Wachovia 12 month CD has a CD interest rate of 4.07% and an APY of 4.15%. These Wachovia CD rates are excellent if you are looking to save you money for a relatively short period of time.
Wachovia 7 month CD
The next featured Wachovia Bank CD is its 7 month CD. The Wachovia 7 month CD has a CD interest rate of 3.68% and a high CD APY of 3.75%. For the extra 5 months of the CD term, I prefer the Wachovia 12 month CD vs the 7 month CD. However, if you need your money prior to 12 months, then the Wachovia 7 month CD might be worth checking out.
Wachovia CD Rates Recap
Compare these best CD rates to an ING Direct savings account. You can’t earn 4.15% interest in an ING Direct savings account. Therefore, while there is tons of discussions about these high interest savings accounts, depositing your money into a 12 month CD at Wachovia Bank.
Wachovia CD rates are always very competitive. If you like doing your banking with a large bank, you can’t go wrong with a Wachovia certificate of deposit. Stay tuned to Best CD Rates for more great CDs.
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