Wachovia Bank Has 5.25% CD Rates

We just got this data off a rate sheet from Wachovia Bank late yesterday.

==> " CD Rates at Wachovia Bank " as of 6/24/08 <==

. Term Rate APY
.7 Month CD 3.92% 4.00%
12 Month CD 4.16% 4.25%
18 Month CD 4.31% 4.40%
24 Month CD 4.40% 4.50%
36 Month CD 4.88% 5.00%
48 Month CD 5.02% 5.15%
60 Month CD 5.12% 5.25%

Rate Sheet for San Francisco Bay Area,
Effective 6.24.2008

• =>Beware of Annuities

More Information here

Best CD Rate Update - 4.25% 1 Yr CD at Wachovia Bank

We have been told Wachovia Bank advertised in the Sunday LA Times the following CDs:

• 4.00% APY for a 7 month CD
• 4.25% APY for a 12 month CD
• $5,000 minimum

800-922-4684

• Wachovia Bank

You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

"Highest CD Rate Survey"

Term	Date	Highest Rate (APY)	Where? (Click link for Full Rate Sheets)
Daily Savings	6/24/08	2.24%	Vanguard Prime Money Market Fund
Tax Exempt	6/24/08	1.78%	Vanguard Tax Exempt Money Market Fund
6 Months	6/24/08	3.75%	Indymac Bank
7 Months	6/24/08	4.00%	Wachovia Bank
1 Year	6/24/08	4.10%	Indymac Bank and 3.91% @ E-Loan
1 Yr Treasury	6/24/08	4.11%	US Treasury Rates
18 Months	6/24/08	4.15%	M&T Bank & 4.10% @ E-Loan
2 Years	6/24/08	4.25%	@ E-Loan
3 Years	6/24/08	4.45%	4.45% @ E-Loan
4 Years	6/24/08	4.91%	M&T Bank & 4.71% @ E-Loan
5 Years	6/24/08	5.04%	M&T Bank & 5.00% @ E-Loan
7 Years	6/24/08	4.60%	PenFed CU
10 Yr Treasury	6/24/08	4.11%	US Treasury Rates
Online Savings	6/24/08	3.50%	HSBC Bank Online Savings

We often get better than advertised rates if we bring in our own rate sheet survey, especially if it keeps us from taking our money from a renewing CD to another bank. It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check.

Bottom line: It never hurts to ask the teller if better rates are available and do your homework!

Best CD Rate Update - 4.75% at Wachovia and 4.85% at ELoan

Wachovia and E-Loan have the top rates for CDs this week at 4.75% and 4.85% for 5-year terms.

Fixed Income Update (6/15/08)

Best CD Rates: (Refresh your browser by clicking "reload" if you don't get 6/1308 rates at these links)

Term	Date	Highest Rate (APY)	Where? (Click link for Full Rate Sheets)
6 Months	6/13/08	3.70%	Corus Bank
1 Year	6/13/08	4.00%	AmTrust Direct and 3.91% @ E-Loan
18 Months	6/13/08	4.15%	Indymac Bank & 3.85% @ E-Loan
2 Years	6/13/08	4.15%	OnBank 4.05% @ E-Loan & GMAC Bank
3 Years	6/13/08	4.35%	Champion Bank & 4.30% @ E-Loan & GMAC Bank
4 Years	6/13/08	4.60%	Champion Bank & 4.30% @ E-Loan & Discover Bank
5 Years	6/13/08	4.85%	E-Loan & 4.75% Wachovia Bank
7 Years	6/13/08	4.60%	PenFed CU

Vanguard Money Market Rates:

• Prime=2.20%
• Tax Free=1.66%

US Treasury Rates:

• 3-month = 1.97%
• 30-Yr = 4.79%
• More US Treasury Rates

Best Unpublished CD Rates from Wachovia Bank

These are the Best Unpublished CD Rates and terms at Wachovia Bank that they offer as a "last resort" to keep or get your business.

Wachovia usually gets new customers with great CD "teaser rates" that they automatically roll over into a CD that pays a much lower rate at the end of the teaser term.

You don't have to take what they give you! You CAN get a much better rate.

The day your CD matures, call the number they give on the "Automatic Renewal Notice" and say you want to take your money to a better paying bank we list on our Highest CD Rates page. This should get you their best rates to keep your money.

Steps to get the best rates when you renew a CD at Wachovia Bank:

1. Print out the CD rates shown on our Highest CD Rates page before you call so you can quote specifics.
   .
   
2. Call and them you want to close your CD that just rolled over into a low rate.

These are the rates we were quoted:

==> " Best Unpublished CD Rates at Wachovia Bank " as of 6/3/08 <==
13 months - 3.30% APY
2 - Years - 3.50% APY
3 - Years - 4.00% APY
4 - Years - 4.75% APY

For the latest update, see Wachovia Bank Unpublished CD Rates

Wachovia spends money to get new customers. Wachovia will also spend money to keep the smart ones too by giving us their best, unpublished rates.