Compare Savings Accounts & CDs

Use the following table to find the savings account or CD that's right for your needs:

Savings Accounts and CDs Comparison Table
Reason to Choose	Way2Save^SM	Premium Savings	High Performance Money Market	CDs
Open Account				Compare all CDs
Best if your goal is to	Save money regularly without having to think about it	Set up a simple, basic savings plan	Earn a competitive rate on funds you can access quickly	Earn competitive rates on funds you don't need to access regularly
Annual Percentage Yield (APY)^{note 1}	5.00% first year, 2.00% for years two and three	See rates	See rates	Varies by CD type. Compare all CDs
Annual Bonus	5 percent first year, 2 percent for years two and three; $300 max bonus per year ^{note 2}	None	None	None
Monthly Service Fee	Waived first year and thereafter with qualified transactions (automatic transfers), otherwise $5	$5.00	$10.00	None
Minimum Balance Required to Avoid Monthly Service Fee	None	$300.00^{note 3}	$2,500.00	None
Minimum Opening Balance Online	None	$100.00	$1,000.00	Varies by CD type. Compare all CDs
Online Banking	Free	Free	Free	Free
Deposit Transaction Limits	Deposits can be made by eligible and qualifying transactions^{note 4}	No limits	No limits	Varies by CD type. Compare all CDs
Withdrawal Transaction Limits	No limits for in-person or ATM, otherwise up to six per monthly statement cycle^{note 5}	No limits for in-person or ATM, otherwise up to six per monthly statement cycle^{note 5}	No limits for in-person or ATM, otherwise up to six per monthly statement cycle^{note 5}	Varies by CD type. Compare all CDs
Account Access Method	Online, phone, ATM, or in-person at our financial centers. Checking account with Check Card required.	Online, phone, ATM, or in-person at our financial centers	Online, phone, ATM, or in-person at our financial centers.	Online, phone, or in-person at our financial centers.
Overdraft Protection	May be linked to checking account for overdraft protection	May be linked to checking account for overdraft protection	May be linked to checking account for overdraft protection	None
FDIC Insurance	Coverage to full legal limit	Coverage to full legal limit	Coverage to full legal limit	Coverage to full legal limit
Product	Way2Save^SM	Premium Savings	High Performance Money Market	CDs
Open Account				Compare all CDs

Site Navigation

Where you are browsing

The following list contains a series of links that lead to your current location, starting from our home page:

Home
Savings Accounts & CDs
Compare Savings Accounts & CDs (this page)

Rates displayed for ZIP code 28262. For rates and fees in your area, please call 800-WACHOVIA (800-922-4684).

^{note 1} Annual Percentage Yield accurate as of 05/13/2008 and may change after account opening. Fees may reduce earnings. Penalty may be imposed for early withdrawal.

^{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.

^{note 3} No fees for account holders age 18 or younger.

^{note 4} Deposits can be made by eligible transactions which are the $1 transfers from your checking account to your Way2Save account for each Check Card purchase and electronic payment transaction, and recurring automatic transfers up to $100 per month. All non-eligible deposits received will be rejected from the Way2Save account and deposited to the linked checking account or returned.

^{note 5} Federal regulation limits third party or pre-authorized transfers (including overdraft transfers) or transfers made by telephone or personal computer to six per statement cycle, no more than three of which may be by check, draft, or check card. A fee may apply for exceeding transaction limits.

Wachovia Bank, N. A., and Wachovia Bank of Delaware, N. A. are Members FDIC.

Compare Savings Accounts & CDs

Contact Us

Site Navigation

Where you are browsing