Online Banking 411

Wachovia online banking is one of the most robust online banking websites of any United States bank.  If you are looking for an online bank, you will be surprised by all of the services offered by the Wachovia on line banking website.  This article will review the banking products offered at wachovia.com.

Wachovia On Line Banking:

Wachovia breaks out its banking products into Wachovia checking accounts, savings accounts, Wachovia CDs, Wachovia credit cards, gift cards, and online services.  This article will provide an overview of these Wachovia banking products.  Let’s start with the Wachovia checking accounts.

Wachovia Online Checking:

Wachovia has several free checking accounts.  The primary checking account is the Wachovia free checking account.  This accounts requires no minimum balance and has no monthly fees.  In addition to being a great free checking account you can add the Wachovia Way2Save option to help you save even more.

Wachovia also has some specialized free checking accounts geared to specific types of individuals like students and senior citizens.  The Wachovia Free Student Checking account is designed specifically for students.  Students can open a checking account, Wachovia will give students a free savings account and allow one free overdraft refund.

Wachovia Savings Account:

Wachovia savings rates are not high interest savings accounts, but for someone looking for a bank account to keep short term savings this might be ok.  The Wachovia Way2Save savings plan will give you a temporary increase in your Wachovia savings rates.  With an initial return of 5.00%, this Way2Save program is a good addition to the Wachovia savings account.  While the regular Wachovia savings rates are low, the Way2Save can dramatically increase your savings returns.

Wachovia CD Rates:

Wachovia CD rates are very competitive and are one of the most popular financial products offered by Wachovia online banking.  Wachovia currently has a featured CD that has a 7 month term and 4.00% Wachovia CD rates.  This 7 month Wachovia CD requires an initial deposit of $5,000.  If you are looking for a good short-term place to save money, this featured CD could be a great option.

Wachovia Credit Cards:

Wachovia also offers a variety of Wachovia credit cards.  Wachovia is currently offering a special introductory zero percent interest for balance transfers.  These Wachovia credit cards will keep this zero percent introductory rate for 12 months.  The Wachovia credit card rates range from 1.99% over the prime interest rate to up to 11.99% plus prime.  Online Banking 411 will take a deep dive on these credit cards in an upcoming article.

Wachovia Gift Cards:

The last Wachovia on line banking service that we will cover today are the Wachovia gift cards.  These gift cards come in values of $25 up to $600.  These Wachovia gift cards are sold to Wachovia checking account, savings account and command asset program customers.  The fee for these Wachovia gift cards is $3.95.  These make great gifts for anyone because they can be used anywhere.

We hope that this review of Wachovia online banking has been informative.  If you have any questions about these Wachovia on line banking products or any other Wachovia online services, please leave them in the comments below.  Our next article will cover Wachovia Visa Buxx cards.  So stay tuned.