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Wachovia Bank Certificates of Deposit Rates

Posted in Bank CD Rates by Bankaholic
August 11, 2008 12:55 PM - 59 Comments

It is in an individual’s interest to focus on creating some alternative sources of income. One can start with small savings and gradually increase to opting for big schemes. Banks provide amazing investment opportunities. The deposit products are flexible which allows you to start with even a small amount. For instance Wachovia Bank’s Certificate of Deposit Scheme can be started with just $1,000.

A Certificate of Deposit pays you guaranteed interest rate for the term you deposit your funds. The term can vary from few months to years. Below explained are the different types of CDs as offered by Wachovia Bank:

Featured CD:
With an opening deposit of $5,000 you get to earn:

7 Month CD earns 3.92% interest, 4.00% APY
9 Month CD earns 4.07% interest, 4.15% APY
12 Month CD earns 4.16% interest, 4.25% APY

Features:
@ Automatic renewal option available on maturity of CD.
@ Receive interest payment either monthly or quarterly.

Liquid CD:
With an opening deposit of $5,000 you get to earn:

3 Months Liquid CD earns 1.06% interest, 1.07% APY
5 Months Liquid CD earns 1.06% interest, 1.07% APY
10 Months Liquid CD earns 2.03% interest, 2.03% APY

Features:
@ You have the option to withdraw $500 or more every 7 calendar days.
@ $500 minimum for deposits and withdrawals.
@ After withdrawal the balance should remain $500.
@ Automatic renewal option available on maturity of CD.

24-Month Step Rate CD:
You need a minimum opening deposit of $1,000.

$1,000 – $9,999,999 earns 2.83% interest, 2.87% APY
Blended Yield earns you 0.00% interest, 3.10% APY
Step Rate Bump 6 Months earns you 2.98% interest, 3.02% APY
Step Rate Bump 12 Months earns you 3.13% interest, 3.18% APY
Step Rate Bump 18 Months earns you 3.28% interest, 3.33% APY

IRA CD:
$0 – $9,999 deposited for 3-6 month term earns 1.00% interest, 1.01% APY and the same amount earns 2.47% interest, 2.50% APY.
$10,000 – $49,999 deposited for 3-6 month term earns 1.05% interest, 1.06% APY and the same amount earns 2.57% interest, 2.60% APY.
$50,000 – $99,999 deposited for 3-6 month term earns 1.10% interest, 1.11% APY and the same amount earns 2.66% interest, 2.70% APY.
$100,000+ deposited for 3-6 month term earns 1.15% interest, 1.16% APY and the same amount earns 2.76% interest, 2.80% APY.

Features:
@ Automatic renewal option available on maturity of CD.

Common Features for the above CD account types:
@ APYs are accurate as of 08/08/2008 and are applicable for the Zip Code 91108. To check for your region you may visit the site.
@ Your funds are FDIC insured.
@ Free transer of funds to your Wachovia account and charges of $3-$10 charged for non-Wachovia account transfer.

For any guidance you may contact toll-free banking on (800) 922-4684.

Comments (59)
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  1. RAFAEL said:
    on September 10th at 08:46 pm

    CUAL ES LA DIFERENCIA ENTRE FEATURED CD Y LIQUID CD

  2. joe said:
    on September 25th at 08:59 pm

    Rafael learn english just like every immigrant who came to this country,,just like my grandparent 55 years ago

  3. Michelle said:
    on September 28th at 05:40 am

    I Totally agree my grandparents came from Italy and France and they came to America and learned English.I’m tired of feeling like an immigrant in my own country!!!!!

  4. Michelle said:
    on September 28th at 05:43 am

    Wachovia has the best CD rates!!!

  5. Helen said:
    on September 28th at 05:45 pm

    Yep, good rates…hang in there…!

  6. Isabella said:
    on October 2nd at 09:25 pm

    Rafael, creo que los que me antecedieron en respuestas no solo fueron ‘mal educados y groseros’ sino que tampoco te ayudaron a contestar tu pregunta.
    Por lo que se puede entender de lo escrito FEATURED CD es dinero que no puedes movilizar mientras lo tienes colocado en depósito, me imagino que si lo necesitas antes de vencerse no te pagarán el interés que parece muy bueno. El LIQUID CD puedes sacar alguna cantidad de dinero antes del vencimiento pero eso hace que los intereses que podrías recibir son mucho menores que para el caso FEATURED. Espero que te sirva.

  7. Sergio said:
    on October 4th at 01:47 pm

    After opening a CD with $ 5000…is there any option that we can do an extra monthly payment ($ 50 )?. At the end of the year I will found $ 600 more in my account but this $ 600 will earns interest or not?

  8. RAFAEL said:
    on October 4th at 11:31 pm

    GRACIAS ISABELLA, LO IMPORTANTE ES TENEER EL CASH Y YA CON ESO TIENES LO DEMAS, PARA QUE LO SEPA JOE . Y NO SOY INMIGRANTE SOY MEXICANO INVERSIONISTA. OJALA ME INFORMES DE TU CORREO GRACIAS ISABELLA

  9. maria said:
    on October 5th at 09:02 pm

    quienes llegaron en my flowers impusieron el ingles,fueron los primeros inmigrantes?alguien q me ayude y publique esto in english,thak you

  10. Eduardo said:
    on October 9th at 06:24 pm

    Just had a child any suggestions on what to invest in

  11. Eric said:
    on October 14th at 01:27 pm

    beaners taking advantage of every way to squeeze el Estado Unidos out of the dineros without paying taxes…take some of the money being spent on Iraq and round up all illegals and send ‘em back. Restore this country to those who actually paid the price of citizenship.

  12. Bob said:
    on October 19th at 12:34 pm

    I’m an older man who has seen the US deteriate because of radical groups and because our basic fundamentals have dissapeared, such as the pledge of allegiance, and the Lord’s prayer in schools.There is very little patriotism in the cities & suburb areas. There is definitely very little patriotisom among the aliens coming into my country, and they don’t even try to learn english, and a lot of them are rude, think they are better then the overall American. I also think the draft should be returned and the eligible aliens should fight for their right to be here . I served this country for 4 yrs.I say if you don’t love this country go back where you came from we don’t need, and if yuou dont speak english then go to your country & speak your language. We don’t need you. AMEN

  13. Frank said:
    on October 21st at 01:09 am

    Looks like a bunch of haters here. C’mon… the guy only asked something in Spanish and everyone attacks him.. It’s a crime write in other language other than English? for the ones that obviously didn’t know why he asked is because he is a Mexican investor seeking for a better explanation in Spanish. If that’s the way we treat Foreign investor then no question why this country is falling apart. now let’s get back on track with the CD’s.

  14. alex said:
    on October 22nd at 11:35 am

    Wow- All the attacks because someone uses Spanish! And I’m sure all the attackers are Bush/McCain supporters. Because we all know the GOP is the home for xenophobes. BTW a “xenophobe” is a person who fears foreign perople and cultures. Hope that isn’t too much information for some of you allegedly patriotic pinheads.

  15. James Gandolphini said:
    on October 22nd at 11:07 pm

    Stop right there your the pinhead Assh**e Alex!!!That’s only because our soldiers are dying every day for our country and If you love America and are here legally learn the language or get out!!!!!! If you don’t like it leave.My Dad was a Marine and fought for this country.Maybe some of these illegals are adding to the financial chrisis because they get everything for free and we pay.That is a bunch of Bull****!!! I can’t even afford health insurance and They get it for free.I have worked and paid taxes for 35 years.The Definition of fair is in the dictionary between Fag***! and Fuc***!!!!

  16. alex said:
    on October 23rd at 09:39 am

    Hi Jim- You are a Bush and McCain supporter, am I right?

  17. teresa mcgee said:
    on October 25th at 09:11 pm

    this website is for legitimate questions or comments about CD’s., NOT your personal bull. FOCUS PEOPLE FOCUS

  18. American said:
    on October 25th at 10:52 pm

    You know the meaning of PINGA ????

  19. American said:
    on October 25th at 10:53 pm

    Joe…u know the meaning of SINGAO POR EL CULO????

  20. American said:
    on October 25th at 10:54 pm

    Let me know :)

  21. James Gandolphini said:
    on October 26th at 08:58 pm

    Yes Alex I am.Jim G.

  22. Jack said:
    on October 28th at 03:40 pm

    Wachowia por sus altas tasas de interes, quebro y casi logra que sus ahorristas pierdan todos sus ahorros
    IRA’s, Bonds, etc…

  23. Alejandro said:
    on November 3rd at 02:34 pm

    To all those that are here in this country and only habla the blah-blah…. remember this; you are here because your country SUCKS. So make an effort and speak the language. And TIP (15-20%) when you visit a restaurant or bar you bunch of south american arrogant tight wads!

  24. poor-sinner said:
    on November 10th at 02:29 am

    Treated Like Sh-t for more than just a job because of my color, Education, Nationality, My Size, Worked in Factory, cut lawns odd jobs Paid my way through college and saved $10,000 in 10 years. 1987 took cut in pay and moved to Chicago one room apt. Started as a Runner at the Chicago Board of Trade. Took 10 more years of Sh-t. 1997- 2001 made millions. 9/11/2001 Thinking God take it all but save my sister Later . I thanked God my younger sister was late for work on 9/11 of the twin tower is where she was headed. The market closing with in min When the market reopened I lost every cent plus millions. The IRS would not even send me my refund for the $70,000 in Tax’s I paid up to 9 /11/ 2001.. They audited my account. I have not made a cent since. Went to church humbled my self to Our Lord God Jesus Christ. Restarted with help from Gods children, paid every cent bowwowed with in 2 years. I was told to liquidate all my investment by the end of 2007 and worry not. Early 2008 I retired at 49 years of age with more than one could dream. God cares not of my church or religion. God cares about Love, Honor, Respect. being humble, asking forgiveness and thanking one for forgiving. Invest in God,. Your best advice is free. Free Advice; Good Land with clean water soon will be worth more than any amount of money. One can create trillions of dollars but cannot create even one more inch of land or drop of water..

  25. Ana said:
    on December 10th at 07:00 pm

    Alex you are just another sucker who has been race baited by the Democratic party. That is the way they get votes by using the race card time and time again. It is a fact that Republicans donate more time and money helping the poor than Democrates. The blame game no longer works anymore. Learn American history and see which party actually fought for civil rights in the days of Lincoln.

  26. Ana said:
    on December 10th at 07:06 pm

    Great rates, I’m going to talk to Wacho tomorrow.

  27. Not fake commennt said:
    on December 27th at 11:25 am

    Yes, Ana, I’m going there too. Greta rates! I’m going there tomorrow! Like you, i’m not a made up quote.

  28. Randy said:
    on December 27th at 11:26 am

    Well said, Not fake comment!

  29. Kathy Burns said:
    on January 5th at 04:46 pm

    The Wachovia rates quoted are WAY!!! out of date. Either update the information or take down the information.

  30. Jan said:
    on January 5th at 05:26 pm

    Why are you still quoting your CD rates 4.16%. I was quoted 2.05 for 7 months. What’s the deal.

  31. mike said:
    on January 5th at 06:18 pm

    jan
    you are right 2.05 % for 7 mths. 2.40% for 12 mth. $5000. min. deposit

  32. Calvin said:
    on January 21st at 01:33 pm

    As of January 21, 2009, I saw that the interest rate was 0.45% for a 7 month CD with a $5000 minimum deposit.

  33. Ken said:
    on January 28th at 09:58 pm

    You have to remember when the 19th and 20th century immagration was entering the USA from Europe. Education? Europeans were somwhat educated, and a few spoke more than 1 language.
    South of the border, education is not very well organized, so incapable to learn English they stick together clanish and use anger, stupidpidity, and intimidation to get what they want, that’s why they have to be givin everthing. It’s education that changes all that. Working in the USA as they do continues to lower the standard of the USA’s hard work just to reach the standard we have worked to acheive. Lowering wages, benifits and begging to work is a good sign a republican is the boss.

  34. G. Bush said:
    on January 29th at 04:23 am

    Wachovia was taken over. They don’t care about this site anymore. Just like we don’t care about other human beings. It’s the filthy, “patriotic”, sag your pants, MTV awards viewing, I’m entitled generation that will sink this great country. Half of you can’t even spell. And we’re supposed to keep up with the Chinese??

  35. C. said:
    on February 4th at 11:28 am

    Bank Of North Georgia pays 2.04 on a regular davings.

  36. Nora B said:
    on February 11th at 11:46 am

    THE INTEREST RATE LISTED HERE IS NOT CORRECT
    CHECK WACHOVA

  37. Danillo said:
    on February 19th at 10:24 pm

    For Eduardo: My advice to you is to invest a few dollars in a good contraceptive. That way you can enjoy the freedom of going out to dinner anytime you wish.

  38. margaret holley said:
    on March 10th at 05:25 pm

    i have a cd in my mothers name was to be probated but someone cashed it in fraudentually help me

  39. rorb said:
    on March 11th at 09:14 am

    Margaret, First – go to Wachovia. This is a crime and Wachovia will definitely not be happy. Get their info, they should have names, signed papers, etc. Get copies. Hopefully they’re in state. If you’re lucky, Wachovia will make this good. BUT Go the to police, make a statement, let them have copies of what you have. If if happened out of state, you’re not so lucky because, after going to your local police, you have to get the FBI involved. And the FBI will take all your information again, put it in a file and tell you they won’t work on it (unless it’s really large, like >20M) because they’re being directed to work on terrorist organizations. Next step, local police where the person cashed out the CD. Unfortunately, they sometimes want you to show up personally, which might kill the whole thing considering the size of Wachovia’s presence.

    But use Wachovia. They have a Fraud department. Use them. They are your best bet. But please, use the police, if they can help they will.

  40. Merangeli said:
    on April 19th at 05:28 pm

    I feel sorry for everybody who wrote about what immigrants should do. HELLO GROW UP GUYS the only americans are the NATIVE AMERICANS (AMERICAN INDIANS) They are the only one who can tell us what to do in this country. READ EVERYBODY LOL

  41. Merangeli said:
    on April 19th at 05:29 pm

    WHY DONT WE POST COMMENTS ABOUT WACHOVIA CD’S INSTEAD? THIS SITE IS FOR THAT NOT FOR NONSENSE

  42. Max said:
    on April 24th at 12:35 am

    LET’S TALK MONEY….ESPECIALLY WITH THIS ECONOMY!! BEANERS OR NOT. IMMIGRANTS OR NOT. BLACK, WHITE, YELLOW, PINK, OR…..RAINBOW.

  43. ingrid said:
    on April 30th at 06:46 pm

    Many of you “patriots” sure learn to suffer silently about whatever is eating you …and not take it out on honest working people who are walking in the footprints of you ancestors. As for cd rate be gratefull you still have money for worry about investing.

  44. Andres Lopez said:
    on May 2nd at 03:37 pm

    Rafael & Isabela,

    Cudos para ustedes, Rafael, puede ser muy bien que no entiendas el idioma ingles ahora, tal vez algun dia con dedicacion lo podras entender a precision, y entonces te prodras comunicar con el mundo de habla inglesa. Gracias a Isabela que no tiene el menor percate con su lenguage materno/u paterno la contesta a tu pregunta espero fue beneficiosa.

    Now for those of you out there with many fobias about other people’s language. My friends, how fortunate if you could speak at least another language beside your own. I do understand, your angst about not understanding yourself when someone else is communicating in a different language than yours, however, is this not A M E R I C A , you have to be tolerant of others, including their language, and if it bothers you so much that others communicate in a different language than yours, be conscient that you one day may have to be in a place where English is not the only language spoken, because you may have to resource to learn that language. Wouldn’t you like some one to be tolerant of your ignorance, think about it.

  45. Katie said:
    on May 6th at 12:43 pm

    We can not be tolerate of those assuming the country he is visiting should speak his language! Common.. When I lived in France for a year, I adapted and learned the language within a year. If I didn’t know how to speak French, I asked others to articulate questions for me, or use a dictionary. We need to stop the trend of sheltering those who need to earn their respect! I did not vote for Mc Cain; yet I do agree w/ Frank. I also came to this country not knowing how to speak English in the beginning, but shortly educated myself to adapt to the country I wanted to make my new home. I did not ask them to speak my native language!

  46. Angel said:
    on May 22nd at 10:55 am

    Holy Crow, I cant believe that 1) people dont know how to voice their opinions in an educated and rational way and 2) somehow don’t realize this area is for banking questions and issues. There is nothing wrong with someone speaking a different language, Ill bet they know english but was hoping someone could help them understand these banking complexities better by asking in his native launguage. Half of english speaking people cant figure them out! The spanish fella is not stupid, he’s here trying to learn about managing his money. America was not supposed to be a bunch of bigoted, gruntled people. This was supposed to be a melting pot.
    Pathetic, Uneducated Americans! Get a life! I am insulted by you as a American! After the first shmo, i thought he was an isolated idiot but seeing the rest of you follow suit, and the older fella who should definetly know better! how sad this all is!! Just incase yall were wondering, I wont tell you WTF nationality I am, since it doesnt freakin matter. BTW, I think Ill go directly to Wachovia’s site if im looking for answers, these blog things always end up with shit talk like this anyway.

  47. Babs said:
    on June 5th at 04:23 pm

    Just looking for the present CD Rates

  48. mike said:
    on June 6th at 07:45 am

    I was just looking for info on cd rates. I came accross this forum and wow! what an eye opener. All this just because someone asked a question in another language?? Those people making the comments about people of different ethnic backrounds should relize the cd’s and investments they are making are all tied into the global economy in one way or another. So it makes me wonder if there money was inveted in Bank of Mexico would they still feel the same. ????

  49. james stephens said:
    on June 16th at 09:20 am

    Your web site needs to be up dated.

  50. Maire said:
    on July 3rd at 01:56 pm

    I had a CD mature today. When I called yesterday I was told rate was 4.25. When we went to branch, we were told rate was 1.25. Declined. Called same number as yesterday and was quoted 0.65. Money is going elsewhere. This web site is very misleading and too old to be of any use.

  51. Kathy Zuther said:
    on July 15th at 12:10 pm

    WACHOVIA, PLEASE UPDATE ALL YOUR WEBSITES. i HAVE LOOKED AT SEVERAL WACHOVIA WEBPAGES AND THE DATA IS FROM 2008. THIS IS VERY ANNOYING. I HAVE SEVERAL ACCOUNTS WITH WACHOVIA AND WONDER IF THEY CAN’T KEPT A WEBSITE UPDATED WHAT ARE THEY DOING WITH THEIR BANKING POLICIES.

  52. donnie mcdaniel said:
    on August 1st at 07:31 pm

    this website is very disappointing as to the rates available

  53. Michelle said:
    on August 24th at 04:48 pm

    Si je vous écris en français, et si je demande la réponse quant aux différences entre l’intérêt indiqué–est-ce que tout le monde se mettra en colère aussi? Seulement une petite question…je suis américaine (et citoyenne!) mais moi, aussi, je suis bilingue!

  54. me said:
    on August 25th at 08:45 am

    yall are ridiculous!

  55. tka42004 said:
    on August 31st at 07:50 am

    i was just at wachovia a few days ago, and they are not paying these kinds of rates…..not even close to what your trying to tell us they pay, and you only get a choice of 2 cd options, not any of these others you are showing here!!! why do you give us lies????!!!!!

  56. Buck said:
    on August 31st at 10:50 pm

    Of course not. The rate information was posted on August 11, 2008 – It’s more than a year old and well before before the sh** hit the fan. This website doesn’t keep current, This string is mostly mal-content bigots and racists whining about minorities not speaking English. The GOP has been defeated and it’s time for all the bigots and racists to step aside and watch the Democrats try to fix the financial disasters the GOPs created after eight years in power.

  57. Isabel said:
    on September 3rd at 08:15 pm

    I own a lot of stock in Wells Fargo. Buck is correct. If you can’t handle a simple situation like a website, how are you contributing to running a bank too big to fail?

  58. don kane said:
    on October 6th at 04:30 pm

    How long are you going to show these totally inflated CD interest rates??

  59. andrzej said:
    on November 16th at 01:58 pm

    czy ja tez sie mam uczyc po hiszpansku? cholera a ja sie tak trudze juz dwadziescia lat po angielsku.dzieki ci alex za oswiecenie.od dzis jestem komunista, tzn. demokrata. hehehe pomecz sie jak tak lubisz obce jezyki.

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