Wachovia CD Rates August 2008
Online Banking 411 is dedicated to bringing you the latest information about Wachovia online banking. Wachovia CD rates are a big part of the financial products offered by Wachovia online banking. Here is our first article on Wachovia CD rates. Now it is time to do an update for August 2008 for the Wachovia certificates of deposits.
As mentioned before, Wachovia online banking always has a featured CD of the month. The August 2008 wachovia featured cd is the Wachovia 12 month CD. This 12 month Wachovia CD has a high cd rate of 4.25% APY. This featured Wachovia 12-month cd has a minimum opening deposit of $5,000.
If you want a shorter term Wachovia CD, the 9 month certificate of deposit has an APY of 4.15%. This is only a loss of .10% which might be acceptable to you if having a shorter term is important enough for you. The 9 month wachovia CD still has a $5,000 opening deposit requirement.
If the Wachovia 9 month CD still has too long of a term, the Wachovia 7 month featured CD has an APY of 4.00% with a cd interest rate of 3.92%. The 7 month term of this Wachovia CD is great if you are looking for a short term savings option. However, it too requires $5,000 minimum buy.
The featured CD rates at Wachovia are always good CD rates to check out. Wachovia seems to always offer competitive CD rates. Make sure that you check out the Wachovia CD rates at the Wachovia online banking website because CD rates change based upon where you live in the country.