Banks for You!

The Wachovia Bank CD rates are the subject of this review from Highest CD Rates today. It was observed that the APY’s being earned by the different terms went up in some instances and down for other terms. This inconsistency by the Wachovia Bank certificate of deposit rates requires the investor to be aware of just where they are placing their money before making a decision.

The current CD rates for the standard CDs include the 3 month CD that is earning an APY of 0.05%. The 6 month CD is earning an APY of 0.05%.

The 1 year CD is earning an APY of 0.05%. Each of these CDs requires a minimum deposit amount of $2,500 at the time the account is opened.

The current promotional CD rates include the 11 month CD that is earning an APY of 0.15%. This CD renews as a 6 month CD. The 26 month CD is earning an APY of 0.40%. This CD renews as a 2 year CD.

The 35 month is earning an APY of 0.70%. This CD renews as a 2 year CD. The best CD rates are from the 58 month CD that is earning an APY of 1.15%. This CD renews as a 4 year CD.

Each of these promotional CD requires a minimum deposit of $5,000 to open an account. All of these CDs can be opened online or at a branch office for your convenience.

The Wachovia CD rates were posted on October 22, 2011 but are subject to change without notice.

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