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A Certificate of Deposit, also referred to as a CD, is a great option when looking into different ways to save money. Wachovia offers two different types of CDs, a fixed rate CD and an IRA CD.
A fixed rated CD is an easy way to get that nest fund started. You must have a Wachovia checking account in order to open this Featured CD, and a minimum $5,000 is necessary to get it started. An 11 month CD has a .25% interest rate and a .25% APY rate. A 35 month CD has a .80% interest rate and a .80% APY rate. A 45 month CD rate has a 1.39% interest rate and a 1.40% APY rat. A 59 Month CD has a 1.98% interest rate and a 2.00% APY rate.
IRA CDS are a great choice for retirement plans. There are four types of IRA CDs: Traditional, Roth, SEP or Coverdell Educating Savings Account. This CD gives you FDIC insurance, and automatically rolled over when it matures. The interest rates and APY rates get higher the longer the money stays in the account. A 3-6 month CD of $0-100,000 has an interest rate of 0.01% and an APY rate of 0.01%. A 6-12 month CD of $0-100,000 has an interest rate of 0.10% and an APY rate of 0.10%. They offer CDs that last for up to 5 years, with higher interests rates and APY rates.
CDs have maturity dates, and those maturity dates come with rules and regulations. The earlier you take the money out of the account, the great the penalty is. Any withdraw 24 months or earlier from the maturity rate results in a penalty of 360 days interest. Withdrawing between 12 and 24 months will lead to a penalty of 180 days interest. Three to 12 months prior to the maturity date is a penalty of 90 days interest. Withdrawing with thin three months prior to the maturity date will cost you all the interest that would be earned during the term of the CD.
Visit Wachovias CD website to learn more about your options.
What else can I help you with?
What company gives the most affordable insurance?
Try Allstate, Geico or Farmers Insurance if you have a policy with them. They will bundle plans and save you money.
What are my options for affordable online sources for travel packages?
You should try Expedia.com They have the best rates for travel, hotels, and etc. because you get access to unpublished rates, that really save you money.
Is there any cheap apartments in the state of KY?
There are many ways you can find affordable housing in KY. One of the thins you can try is renting a room as opposed to renting an apartment. It will save you a lot of money.
Who are some cheap home phone service providers?
I have heard that the most affordable phone service comes from http://www.homephonesforfree.com/. You may also consider getting a prepaid cellphone. By putting just as much money on your phone that you will use, you ultimately save money. Also try walmart for some affordable phone plans.
How can to save money?
You can save money in many ways, can you narrow down on what you want to save ,, house bills , shopping, gifts, hoildays ? I can then try and help you
How can you try to save more money?
you can use copounds and save engery or reuse things
Where do you donate money to save a dolphin?
Try a local zoo
How do you save money when you a your in the alite 4?
To save money just DON'T LOSE! That's a basic any trainer should know. Try to think next time.
How do you repair a car after it was submerged under water?
Junk it! It will be a money pit if you try to save it.
Which do you prefer save money or spend money?
I like to do both ;) I save money wherever I can so I can spend where i want. I always try to get the absolute most bang for my buck. It is BECAUSE I save money that I can spend more money. Saving money gives me a thrill sometimes that spending can't quite compete with. I'm a bit of a dork though!
Does Rewashing Ziploc Bags Really Save You Money?
Yes, it would save you money you would spend on replacing the bags. You shouldn't try to clean and resuse bags that have held raw meats.
How many people polluted each day?
You are right about people afraid of losing money. People are trying to have and at the same time save money but it all ends up on the same matter which is pollution. We try to save money but we misuse it.
